2024-04-04T15:27:20-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 200856943 The Doug and Betsey Schwab and Family Foundation Inc % Foundation Source DOUG 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 ELIZABETH HURWITZ-SCHWAB PRESIDENT 8008391754 2024-03-13 true ELIZABETH HURWITZ-SCHWAB 999009999 true Jeffrey D Haskell P01345770 8008391754 2023 2023-04-26 12:10:37Z X 365667 X 0 X 82 82 15510 15510 -4827 285721 0 876 11641 15592 0 5159 5159 5775 5775 10934 5159 5775 279000 279000 289934 5159 284775 -278293 10433 5853 4937 4937 662373 384996 360730 668226 389933 365667 0 0 X 668226 389933 668226 389933 668226 389933 668226 -278293 389933 389933 Publicly-traded Securities 285721 290548 -4827 -4827 -4827 145 145 145 1100 0 1100 955 200 755 false false false false false false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Elizabeth J Hurwitz-Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 Abraham Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 Douglas Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Eli Schwab Foundation Source 501 Silverside Rd Wilmington DE 198091377 VP 1.0 0 0 0 494873 11734 0 506607 0 506607 7599 499008 24950 24950 145 145 24805 24805 24805 284775 0 0 0 0 284775 24805 2021 2020 2019 67039 112121 95079 47886 174882 497007 284775 24805 259970 756977 0 67039 689938 112121 95079 47886 174882 259970 Douglas Schwab Elizabeth J Hurwitz-Schwab X A JEWISH VOICE FOR PEACE INC PO BOX 589 BERKELEY CA 94701 N/A PC General & Unrestricted 3500 ALLEGANY ARTS COUNCIL INC 9 NORTH CENTRE ST CUMBERLAND MD 21502 N/A PC Charitable Event 1000 ALLEGANY ARTS COUNCIL INC 9 NORTH CENTRE ST CUMBERLAND MD 21502 N/A PC Charitable Event 1000 ALLEGANY COMMUNITY COLLEGE FOUNDATION INC 12401 WILLOWBROOK RD SE CUMBERLAND MD 21502 N/A PC Girls Who Code Summer 2023 1000 ALLEGANY COUNTY HUMAN RESOURCES DEVELOPMENT COMMIS 125 VIRGINIA AVE CUMBERLAND MD 21502 N/A PC Community Cafe Setting the Table Fund 15000 ANCONA SCHOOL SOCIETY 4770 S DORCHESTER AVE CHICAGO IL 60615 N/A PC General & Unrestricted 15000 BOY SCOUTS OF AMERICA FLAG PLAZA 1275 BEDFORD AVE PITTSBURGH PA 15219 N/A PC 2023 Friends of Scouting 10000 CHICAGO ABORTION FUND 333 W N AVE STE 267 CHICAGO IL 60610 N/A PC General & Unrestricted 5000 CHICAGO TORTURE JUSTICE CENTER 6337 S WOODLAWN AVE CHICAGO IL 60637 N/A PC General & Unrestricted 5000 COMIC BOOK LEGAL DEFENSE FUND INC 15110 BOONES FERRY RD 220 LAKE OSWEGO OR 97035 N/A PC General & Unrestricted 500 COUNTY UNITED WAY INC 113 S CENTRE ST STE A CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 CUMBERLAND SUMMER THEATER 101 N JOHNSON ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 2500 ECOSYSTEMS OF CARE 6400 S KIMBARK AVE CHICAGO IL 60637 N/A PC General & Unrestricted 10000 EVERGREEN HERITAGE CENTER FOUNDATION INC 101 BRADDOCK HTS FROSTBURG MD 21532 N/A PC Elementary Edibles 5000 FAMILY CRISIS RESOURCE CENTER INC 146 BEDFORD ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 FROSTBURG STATE UNIVERSITY FOUNDATION 101 BRADDOCK RD FROSTBURG MD 21532 N/A PC Charitable Event 2500 FROSTBURG STATE UNIVERSITY FOUNDATION 101 BRADDOCK RD FROSTBURG MD 21532 N/A PC Charitable Event 5000 GREATER CHICAGO FOOD DEPOSITORY 4100 W ANN LURIE PL CHICAGO IL 60632 N/A PC General & Unrestricted 5000 GUAM HUMANITIES COUNCIL INC 111 W CHALAN SANTO PAPA STE 711 HAGATNA GU 96910 N/A PC General & Unrestricted 1000 HYDE PARK NEIGHBORHOOD CLUB 5480 S KENWOOD AVE CHICAGO IL 60615 N/A PC General & Unrestricted 6000 INVISIBLE INSTITUTE 6100 S BLACKSTONE AVE CHICAGO IL 60637 N/A PC General & Unrestricted 10000 JANES PLACE INC 26 GREENE ST CUMBERLAND MD 21502 N/A PC General & Unrestricted 10000 JEWISH MUSEUM 1109 5TH AVE NEW YORK NY 10128 N/A PC Judaica Acquisitions Committee 7500 MOCKINGBIRD FOUNDATION INC 12407 WILLOW GROVE COURT MOORPARK CA 93021 N/A PC General & Unrestricted 1000 SAVAGE MOUNTAIN PUNK ARTS 209 W MECHANIC ST FROSTBURG MD 21532 N/A PC General & Unrestricted 2000 SOCIETY OF BLACK ARCHAEOLOGISTS 2231 14TH ST NE WASHINGTON DC 20018 N/A PC General & Unrestricted 500 THE COMMUNITY TRUST FOUNDATION INC 112 BALTIMORE ST STE 201 CUMBERLAND MD 21502 N/A PC Peter and Iris Halmos Fund to send Allegany County School Children to the Holocaust Museum 2000 THOMAS JEFFERSON UNIVERSITY 125 S 9TH ST SUITE 600 PHILADELPHIA PA 19107 N/A PC Doug and Betsey Schwab Textiles' New Generation Fund 10000 UNION FOR REFORM JUDAISM 633 THIRD AVE 7TH FLOOR NEW YORK NY 10017 N/A PC Religious Action Center 1000 WAMBA CHARITIES INC PO BOX 432 CUMBERLAND MD 21501 N/A PC General & Unrestricted 10000 WESTERN MARYLAND FOOD BANK INC 816 FREDERICK ST CUMBERLAND MD 21501 N/A PC General & Unrestricted 1000 WOMENS HEALTH CENTER OF WEST VIRGINIA INC PO BOX 20580 CHARLESTON WV 25362 N/A PC WHC MD 100000 WOMENS HEALTH CENTER OF WEST VIRGINIA INC PO BOX 20580 CHARLESTON WV 25362 N/A PC Women's Health Center of Maryland 10000 279000 14 82 14 15510 18 -4827 Federal Tax Refund 01 876 11641 11641 false false false false false false false false false false MORGAN STANLEY INST GLOBAL OPP 131263 107650 MORGAN STANLEY INSTITUTIONAL F 93594 98626 MS INSTITUTIONAL FUND TRUST U 2489 2588 PIMCO INCOME FUND P CLASS 114927 105002 SPDR S&P DIVIDEND ETF 42723 46864 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $279,000. This amount represents 25% or more of the Foundation's net assets of $573,224 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5750 5750 State or Local Filing Fees 25 25 Federal Tax Refund 876 Investment Management Services 5159 5159