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Also known as: Foundation Inc
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The Doug And Betsey Schwab And Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2005. The principal officer is Foundation Source. It holds total assets of $250K. Annual income is reported at $673K. Total assets have decreased from $514K in 2011 to $390K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maryland, Illinois and New York. According to available records, The Doug And Betsey Schwab And Family Foundation Inc. has made 92 grants totaling $782K, with a median grant of $5K. Annual giving has grown from $90K in 2021 to $279K in 2023. Grantmaking activity was highest in 2022 with $413K distributed across 42 grants. Individual grants have ranged from $500 to $100K, with an average award of $8K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in New York, Maryland, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$10K
Largest Grant
$100K
Based on 21 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Doug And Betsey Schwab And Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 92 grants. Its grantmaking reaches organizations primarily in NY, MD, IL.
The Doug And Betsey Schwab And Family Foundation Inc. has distributed a total of $782K across 92 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $100K.
The Doug And Betsey Schwab And Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Doug And Betsey Schwab And Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eli Schwab | VP | $0 | $0 | N/A |
| Elizabeth J Hurwitz-Schwab | Pres, Dir, Sec | $0 | $0 | N/A |
| Abraham Schwab | VP | $0 | $0 | N/A |
| Douglas Schwab | Dir, VP | $0 | $0 | N/A |
Total Giving
$290K
Total Assets
$390K
Fair Market Value
$366K
Net Worth
$390K
Grants Paid
$279K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$25K
Total Grants
92
Total Giving
$782K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
36
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Womens Health Center Of West Virginia IncWHC MD | Charleston, WV | $100K | 2023 |
| Ancona School SocietyGeneral & Unrestricted | Chicago, IL | $15K | 2023 |
| Allegany County Human Resources Development CommisCommunity Cafe Setting the Table Fund | Cumberland, MD | $15K | 2023 |
| Invisible InstituteGeneral & Unrestricted | Chicago, IL | $10K | 2023 |
| Ecosystems Of CareGeneral & Unrestricted | Chicago, IL | $10K | 2023 |
| County United Way IncGeneral & Unrestricted | Cumberland, MD | $10K | 2023 |
| Wamba Charities IncGeneral & Unrestricted | Cumberland, MD | $10K | 2023 |
| Janes Place IncGeneral & Unrestricted | Cumberland, MD | $10K | 2023 |
| Boy Scouts Of America2023 Friends of Scouting | Pittsburgh, PA | $10K | 2023 |
| Family Crisis Resource Center IncGeneral & Unrestricted | Cumberland, MD | $10K | 2023 |
| Thomas Jefferson UniversityDoug and Betsey Schwab Textiles' New Generation Fund | Philadelphia, PA | $10K | 2023 |
| Jewish MuseumJudaica Acquisitions Committee | New York, NY | $8K | 2023 |
| Hyde Park Neighborhood ClubGeneral & Unrestricted | Chicago, IL | $6K | 2023 |
| Frostburg State University FoundationCharitable Event | Frostburg, MD | $5K | 2023 |
| Chicago Abortion FundGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| Evergreen Heritage Center Foundation IncElementary Edibles | Frostburg, MD | $5K | 2023 |
| Greater Chicago Food DepositoryGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| Chicago Torture Justice CenterGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| A Jewish Voice For Peace IncGeneral & Unrestricted | Berkeley, CA | $4K | 2023 |
| Cumberland Summer TheaterGeneral & Unrestricted | Cumberland, MD | $3K | 2023 |
| Savage Mountain Punk ArtsGeneral & Unrestricted | Frostburg, MD | $2K | 2023 |
| The Community Trust Foundation IncPeter and Iris Halmos Fund to send Allegany County School Children to the Holocaust Museum | Cumberland, MD | $2K | 2023 |
| Union For Reform JudaismReligious Action Center | New York, NY | $1K | 2023 |
| Western Maryland Food Bank IncGeneral & Unrestricted | Cumberland, MD | $1K | 2023 |
| Guam Humanities Council IncGeneral & Unrestricted | Hagatna, GU | $1K | 2023 |
| Allegany Arts Council IncCharitable Event | Cumberland, MD | $1K | 2023 |
| Mockingbird Foundation IncGeneral & Unrestricted | Moorpark, CA | $1K | 2023 |
| Allegany Community College Foundation IncGirls Who Code Summer 2023 | Cumberland, MD | $1K | 2023 |
| Comic Book Legal Defense Fund IncGeneral & Unrestricted | Lake Oswego, OR | $500 | 2023 |
| Society Of Black ArchaeologistsGeneral & Unrestricted | Washington, DC | $500 | 2023 |