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Nonprofit · EIN 46-4213113

LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION

Tax-exempt · WILMINGTON, DE 19809

Financials

$91K$154K2022$288K$154K2023$114K$143K2024
Revenue Expenses · by fiscal year end
Financials of LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$114,151$143,245-$29,094$2,257,380$0$2,257,380
October 31, 2024990-PF$287,974$154,010$133,964$2,286,474$0$2,286,474
October 31, 2023990-PF$91,326$154,031-$62,705$2,152,510$0$2,152,510
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$62,765
Interest
$1,807
Net gain from sales of assets
$49,579

Expenses

Grants and similar amounts paid
$105,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$115,184
Excise tax on investment income
$1,252

Balance sheet and other

Total assets, start of year
$2,286,474
Total assets, end of year
$2,257,380
Total liabilities, end of year
$0
Net assets, end of year
$2,257,380
Fair market value of assets
$2,929,598
Qualifying distributions
$115,184
Net investment income
$114,151

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Laura Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
Michael Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Clifton Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Kaitlyn Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Lorraine Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Richard Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$0
990-PF for the year ended October 31, 2024: 6 people
NameTitleHours / weekCompensation
Laura Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
Michael Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Clifton Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Kaitlyn Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Lorraine Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Richard Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$0
990-PF for the year ended October 31, 2023: 6 people
NameTitleHours / weekCompensation
Laura Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
Michael Dasher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Clifton Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Kaitlyn Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP1$0
Lorraine Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Richard Schwarz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Richard Schwarz, Vice President
Phone
(800) 839-1754
Return prepared by
Foundation Source

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file

IRS record

EIN
46-4213113
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
October
Files
Form 990-PF
Assets (IRS master file)
$2,257,380
Income (IRS master file)
$828,388

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$114,151$143,245$2,257,380XML
990-PFOctober 2024$287,974$154,010$2,286,474XML
990-PFOctober 2023$91,326$154,031$2,152,510XML
990-PFOctober 2022–––IRS
990-PFOctober 2021–––IRS
990-PFOctober 2020–––IRS
990-PFOctober 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4213113).

Questions about LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION

What is the EIN of LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION?
The employer identification number (EIN) of LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION is 46-4213113.
Is LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION?
The 990-PF for the year ended October 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does LORRAINE AND RICHARD SCHWARZ FAMILY FOUNDATION have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $114,151, expenses of $143,245 and total assets of $2,257,380 at year end.

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