The Doug and Betsey Schwab and Family
EIN 200856943 Private FoundationAbout
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, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $112,500. This amount represents 25% or more of the Foundation's net assets of $371,023(as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. 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 XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $144K | $278K | $8K | 26 |
| 2017 | $99K | $210K | $19K | 30 |
| 2018 | $77K | $412K | $349K | 24 |
| 2019 | N/A | $371K | $17K | N/A |
| 2020 | $112K | $981K | $681K | 20 |
| 2021 | $90K | $1.0M | $85K | 17 |
| 2022 | $206K | $573K | $36K | 21 |
| 2023 | $279K | $366K | $12K | 33 |
| 2024 | $389K | $282K | $257K | 20 |
Grant Size Distribution
Based on 191 grants on record
Geographic Distribution
Texas Counties Served
Top 2 counties
- 1 Dallas
- 2 Bexar
Officers & Directors
Grants Awarded (191 total)
| Purpose | ||||
|---|---|---|---|---|
| Womens Health Center of West Virginia Inc | Charleston, WV | $100,000 | WHC MD | 2023 |
| University of Maryland Foundation Inc | Adelphi, MD | $100,000 | UMCES Appalachian Laboratory fund | 2024 |
| Union for Reform Judaism | New York, NY | $100,000 | Marla Feldman Social Justice fund | 2022 |
| Union for Reform Judaism | New York, NY | $60,000 | WRJ Social Justice Initiative fund | 2024 |
| Ecosystems of Care | Chicago, IL | $50,000 | General & Unrestricted | 2024 |
| Mpt Foundation Inc | Owings Mills, MD | $33,333 | Thinkport Program | 2016 |
| Philadelphia University | Philadelphia, PA | $30,000 | Doug and Betsey Schwab Textiles' New Generation Fund | 2024 |
| Friends Aware Incorporated | Cumberland, MD | $25,000 | capital Fund | 2016 |
| Friends Aware Incorporated | Cumberland, MD | $25,000 | Dream Builders Campaign | 2017 |
| Chicago Abortion Fund | Chicago, IL | $20,000 | General & Unrestricted | 2024 |
| National Boy Scouts of America Foundation | Irving, TX | $20,000 | funds for two displays at the National Scout Museum for the Scouting for Special Needs Exhibit and the National... | 2024 |
| Washington and Jefferson College | Washington, PA | $20,000 | W&J Fund AND the Hurwitz-Schwab sCHOLARSHIP FUND | 2016 |
| Janes Place Inc | Cumberland, MD | $15,000 | General & Unrestricted | 2020 |
| Allegany County Human Resources Development Commis | Cumberland, MD | $15,000 | Community Cafe Setting the Table Fund | 2023 |
| Ancona School Society | Chicago, IL | $15,000 | General & Unrestricted | 2023 |
| Ancona School Society | Chicago, IL | $15,000 | General & Unrestricted | 2024 |
| Ancona School Society | Chicago, IL | $15,000 | General & Unrestricted | 2022 |
| County United Way Inc | Cumberland, MD | $13,500 | General & Unrestricted | 2024 |
| B'Er Chayim Congregation | Cumberland, MD | $12,500 | Reserve Fund donation | 2020 |
| B'Er Chayim Congregation | Cumberland, MD | $12,500 | General & Unrestricted | 2021 |
| Ecosystems of Care | Chicago, IL | $12,000 | General & Unrestricted | 2022 |
| County United Way Inc | Cumberland, MD | $10,000 | 2019 Campaign | 2018 |
| Family Crisis Resource Center Inc | Cumberland, MD | $10,000 | Circle of Friends Campaign | 2018 |
| Janes Place Inc | Cumberland, MD | $10,000 | General & Unrestricted | 2018 |
| Philadelphia University | Philadelphia, PA | $10,000 | Nexus Learning Hub fund | 2018 |
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