Nelson Schwab Family Foundation

Charlotte, NC
Tax-exempt since Dec. 2006
EIN: 20-5868137

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$129k (2024)

Expenses

$84.9k (2024)

Total Assets

$847k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$129,354

Expenses

$84,916

Net Income

$44,438

Net Assets

$847,424

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$860	0.7%
Dividends	$17,378	13.4%
Sales of Assets	$122,176	94.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,228	76.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$847,424
Total Liabilities	$0
Net Assets	$847,424

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on Nov. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$323,722

Expenses

$72,554

Net Income

$251,168

Net Assets

$802,986

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$221,434	68.4%
Interest Revenue	$802	0.2%
Dividends	$17,151	5.3%
Sales of Assets	$84,127	26.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$57,900	79.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$802,986
Total Liabilities	$0
Net Assets	$802,986

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

-$4,211

Expenses

$77,180

Net Income

-$81,391

Net Assets

$551,818

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$26
Dividends	$14,954
Sales of Assets	-$19,191
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,675	81.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$551,818
Total Liabilities	$0
Net Assets	$551,818

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on May 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$95,383

Expenses

$140,687

Net Income

-$45,304

Net Assets

$633,209

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$22,064	23.1%
Sales of Assets	$73,319	76.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,050	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$633,209
Total Liabilities	$0
Net Assets	$633,209

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on June 21, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$121,771

Expenses

$48,272

Net Income

$73,499

Net Assets

$678,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12	0.0%
Dividends	$15,269	12.5%
Sales of Assets	$106,490	87.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,550	75.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$678,513
Total Liabilities	$1
Net Assets	$678,512

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on July 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$33,543

Expenses

$77,382

Net Income

-$43,839

Net Assets

$605,013

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,500	7.5%
Interest Revenue	$171	0.5%
Dividends	$19,426	57.9%
Sales of Assets	$11,446	34.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$64,800	83.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$605,014
Total Liabilities	$1
Net Assets	$605,013

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on May 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$25,590

Expenses

$105,666

Net Income

-$80,076

Net Assets

$648,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,608	68.8%
Sales of Assets	$7,982	31.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$92,300	87.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$648,853
Total Liabilities	$0
Net Assets	$648,853

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on March 27, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$40,783

Expenses

$40,209

Net Income

$574

Net Assets

$728,929

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$15,708	38.5%
Sales of Assets	$25,075	61.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,100	72.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$728,929
Total Liabilities	$0
Net Assets	$728,929

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on July 24, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$13,782

Expenses

$40,020

Net Income

-$26,238

Net Assets

$728,355

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.1%
Dividends	$15,499	> 100%
Sales of Assets	-$1,724
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,860	74.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$728,355
Total Liabilities	$0
Net Assets	$728,355

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on May 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

-$37,654

Expenses

$130,306

Net Income

-$167,960

Net Assets

$754,593

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$936
Dividends	$13,171
Sales of Assets	-$48,174
Other Income	-$3,587

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$118,550	91.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$754,593
Total Liabilities	$0
Net Assets	$754,593

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on Aug. 8, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$70,974

Expenses

$66,384

Net Income

$4,590

Net Assets

$922,553

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$17	0.0%
Dividends	$9,509	13.4%
Sales of Assets	$62,721	88.4%
Other Income	-$1,273

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$51,180	77.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$922,553
Total Liabilities	$0
Net Assets	$922,553

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on May 6, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$98,606

Expenses

$61,554

Net Income

$37,052

Net Assets

$917,963

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,150	4.2%
Interest Revenue	$40	0.0%
Dividends	$12,615	12.8%
Sales of Assets	$83,614	84.8%
Other Income	-$1,813

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$49,250	80.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$917,963
Total Liabilities	$0
Net Assets	$917,963

Compensation

Key Employees and Officers	Compensation	Other
Nelson Schwab Iii (President)	$0	$0

990-PF

Filed on Nov. 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$120,125

Expenses

$61,150

Net Income

$58,975

Net Assets

$880,910

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15	0.0%
Dividends	$18,444	15.4%
Sales of Assets	$101,666	84.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$59,000	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$880,911
Total Liabilities	$1
Net Assets	$880,910

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$40,873

Expenses

$78,363

Net Income

-$37,490

Net Assets

$821,931

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$28	0.1%
Dividends	$24,388	59.7%
Sales of Assets	$16,457	40.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$70,000	89.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$821,931
Total Liabilities	$0
Net Assets	$821,931

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

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The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nelson Schwab Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $129k (2024)

Expenses $84.9k (2024)

Total Assets $847k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$129k (2024)

Expenses

$84.9k (2024)

Total Assets

$847k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006