2025-05-15T07:50:08-05:00 2024-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2024-01-01 872739681 The Schellman Family Foundation % Foundation Source SCHE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 christopher schellman president 8008391754 2025-05-11 true true Jeffrey D Haskell P01345770 8008391754 2024 2025-03-06 01:10:19Z X 30889804 X 0 X 30973 30973 902820 902820 99739 7162484 99739 210 210 1033742 1033742 0 72916 72916 4600 65479 65479 142995 72916 65479 1238945 1238945 1381940 72916 1304424 -348198 960826 0 763457 628233 628233 25856092 25876589 30261571 26619549 26504822 30889804 0 0 X 26619549 26504822 26619549 26504822 26619549 26504822 26619549 -348198 233471 26504822 26504822 Publicly-traded Securities 7162484 7062745 99739 99739 99739 13355 13355 13355 15700 0 15700 X 0 2345 2345 false false false false false false false true true DE true false false false true 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 Christopher L Schellman Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres, Sec, Treas 1.0 0 0 0 Lauren Gonzmart Schellman Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, VP 1.0 0 0 0 Northwestern Mutual 720 E WISCONSIN AVENUE MILWAUKEE WI 532024797 Investment Mgmt 72916 Foundation Source 55 Walls Drive 3rd Fl Fairfield CT 06824 Administrative 65454 29950321 674080 0 30624401 0 30624401 459366 30165035 1508252 1508252 13355 13355 1494897 1494897 1494897 1304424 0 0 0 0 1304424 1494897 1266052 1304424 1266052 38372 0 0 1456525 0 0 Christopher L Schellman Lauren Gonzmart Schellman X FIDELITY INVESTMENTS CHARITABLE GIFT FUND 245 SUMMER ST MZ-NM438 BOSTON MA 02210 N/A PC Chris and Lauren Schellman Giving Fund (IN-KIND GRANTS - SEE GENERAL EXPLANATION) 933945 FIDELITY INVESTMENTS CHARITABLE GIFT FUND 245 SUMMER ST MZ-NM438 BOSTON MA 02210 N/A PC General & Unrestricted 305000 1238945 14 30973 14 902820 18 99739 BANK CHARGE REFUND 01 210 1033742 1033742 false false false false false false false false false false PART XIV (FORM 990-PF): PART XIV (FORM 990-PF): DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING FMV OF SECURITIES: AVERAGE OF HIGH/LOW ON DATE GRANTED TO CHARITY METHOD OF DETERMINING BOOK VALUE OF SECURITIES: COST OF AVERAGE OF HIGH/LOW ON DATE CONTRIBUTED TO FOUNDATION TOTAL FAIR MARKET VALUE OF PROPERTY: $933,945 TOTAL BOOK VALUE OF PROPERTY: $700,474 TOTAL CASH PORTION OF GRANTS: - TOTAL AMOUNT OF GRANTS: $933,945 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES: $233,471 DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: ADOBE SYSTEMS, INC UNITS: 40 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $22,626 BOOK VALUE OF PROPERTY: $27,254 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $22,626 DESCRIPTION OF PROPERTY: ALPHABET INC CL A UNITS: 180 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $31,352 BOOK VALUE OF PROPERTY: $25,935 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $31,352 DESCRIPTION OF PROPERTY: ALPHABET INC CL C UNITS: 340 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $59,646 BOOK VALUE OF PROPERTY: $49,078 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $59,646 DESCRIPTION OF PROPERTY: ALPHABET INC CL C UNITS: 380 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $59,119 BOOK VALUE OF PROPERTY: $54,852 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $59,119 DESCRIPTION OF PROPERTY: AMAZON COM UNITS: 240 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $44,071 BOOK VALUE OF PROPERTY: $42,009 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $44,071 DESCRIPTION OF PROPERTY: BERKSHIRE HATHAWAY INC. CLASS B UNITS: 50 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $20,656 BOOK VALUE OF PROPERTY: $13,913 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $20,656 DESCRIPTION OF PROPERTY: CENCORA INC UNITS: 208 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $46,145 BOOK VALUE OF PROPERTY: $25,253 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $46,145 DESCRIPTION OF PROPERTY: CENCORA INC UNITS: 529 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $124,505 BOOK VALUE OF PROPERTY: $64,108 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $124,505 DESCRIPTION OF PROPERTY: EXXON MOBIL CORP UNITS: 384 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $43,375 BOOK VALUE OF PROPERTY: $23,718 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $43,375 DESCRIPTION OF PROPERTY: ISHARES MSCI GRW IDX UNITS: 900 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $92,457 BOOK VALUE OF PROPERTY: $65,828 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $92,457 DESCRIPTION OF PROPERTY: ISHARES RUSSELL MIDCAP G IN FD UNITS: 1,200 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $131,256 BOOK VALUE OF PROPERTY: $98,662 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $131,256 DESCRIPTION OF PROPERTY: LOWES COMPANIES INC UNITS: 135 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $33,116 BOOK VALUE OF PROPERTY: $33,737 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $33,116 DESCRIPTION OF PROPERTY: MASTERCARD INC UNITS: 54 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $24,779 BOOK VALUE OF PROPERTY: $17,480 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $24,779 DESCRIPTION OF PROPERTY: MICROSOFT CORP UNITS: 179 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $75,357 BOOK VALUE OF PROPERTY: $60,150 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $75,357 PART XIV (FORM 990-PF): PART XIV (FORM 990-PF): DESCRIPTION OF PROPERTY: MICROSOFT CORP UNITS: 141 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $57,207 BOOK VALUE OF PROPERTY: $47,381 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $57,207 DESCRIPTION OF PROPERTY: UNITEDHEALTH GROUP INC UNITS: 45 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $26,840 BOOK VALUE OF PROPERTY: $19,957 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $26,840 DESCRIPTION OF PROPERTY: UNITEDHEALTH GROUP INC UNITS: 26 DATE OF DISTRIBUTION: 05-16-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $13,553 BOOK VALUE OF PROPERTY: $11,701 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $13,553 DESCRIPTION OF PROPERTY: VISA INC UNITS: 100 DATE OF DISTRIBUTION: 09-06-2024 GRANT RECIPIENT: FIDELITY INVESTMENTS CHARITABLE GIFT FUND FMV OF PROPERTY: $27,886 BOOK VALUE OF PROPERTY: $19,459 CASH PORTION OF GRANT: - TOTAL AMOUNT OF GRANT: $27,886 ABBOTT LABS 232249 207218 ACCENTURE PLC 205867 200520 ADOBE SYSTEMS, INC 200320 130736 ALPHABET INC CL A 120787 159012 ALPHABET INC CL C 178991 236146 AMAZON COM 202146 251202 AMERICAN CENTURY 395 STOXX U S 499369 901188 AVANTIS US SMALL CAP VALUE ETF 648726 695306 BANK OF AMERICA CORP 87084 90185 BERKSHIRE HATHAWAY INC. CLASS 196625 306871 CAMBRIA ETF TR SHAREHOLDER YIE 302595 344062 CAPITAL GROUP DIVIDEND VALUE 198507 216778 CAPITAL GROUP GROWTH ETF 304741 530862 CAPITAL GROUP INTERNATIONAL FO 131330 155544 CHEVRON CORP 118148 149620 CISCO SYSTEMS INC 76313 86669 CVS CAREMARK CORP 130080 63654 EATON VANCE GLOBAL MACRO FD CL 1137034 1147487 ETF SPDR SERIES TRUST 897916 764880 EXXON MOBIL CORP 40541 56152 FIDELITY ADV EMERG MKTS I 480582 518535 FIDELITY TOTAL BOND ETF 1000473 976371 GUGGENHEIM TOTAL RETURN BOND F 1703870 1720624 INVESCO FTSE RAFI DEVELOPED MA 1124455 1484015 INVESCO NASDAQ 100 ETF 288043 286843 ISHARES BARCLAYS US AGGREGATE 1257034 1265030 ISHARES CORE MSCI EAFE ETF 959891 1208043 ISHARES CORE MSCI EMERGING MAR 233931 241987 ISHARES GOLD TR 557349 796814 ISHARES MSCI GRW IDX 709275 931698 ISHARES RUSSELL 2000 GROWTH IN 819849 1106668 ISHARES RUSSELL MIDCAP G IN FD 925037 1426064 ISHARES S&P 500 INDEX FD 25292 24725 ISHARES S&P MIDCAP 400 BARRA V 781451 981686 JOHNSON & JOHNSON 168757 152140 JP MORGAN CHASE 107327 172831 LOWES COMPANIES INC 125091 123894 MASTERCARD INC 174229 289087 MICROSOFT CORP 248990 316125 NEW WORLD FUND, INC (F2) 330612 340731 OWL ROCK CORE INCOME CORP COM 2000050 2049250 PACER US CASH COWS 100 ETF 728158 853130 PIMCO INCOME FUND P CLASS 1599111 1609149 PROCTER GAMBLE CO 65600 74437 SALESFORCE.COM 207416 241052 SCHWAB FUNDAMENTAL INTL LARGE 35321 39819 SCHWAB US DIVIDEND EQUITY ETF 749279 905494 THE COCA-COLA CO 72468 82993 UNITEDHEALTH GROUP INC 269560 306045 US BANCORP 104892 88007 VANGUARD FTSE ALL-WORLD EX-US 271261 340039 VANGUARD GROWTH ETF 473114 912408 VANGUARD VALUE ETF 548996 720710 VISA INC 169843 275271 WORLD GOLD TRUST SPDR GOLD MIN 650613 705764 Administrative Fees 65454 65454 State or Local Filing Fees 25 25 BANK CHARGE REFUND 210 210 GRANTS OF PUBLICLY TRADED SECURITIES 233471 Investment Management Services 72916 72916 990-PF Estimated Tax for 2024 4600