BETA

RAAB FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-02-11
IRS object ID
202220429349100702
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-11T08:11:57-08:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN113185633EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RAAB FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAABBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11812 - 55th STAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSAMUEL RAABPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-02-11SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSAMUELPersonFirstNm
Person LastRAABPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,411,119FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$75,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$2,876DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,876DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,876DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$85,744NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$85,744GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$85,744CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$85,744NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$163,620TotalRevAndExpnssAmt
Total Net Invst Incm$88,620TotalNetInvstIncmAmt
Total Adj Net Incm$88,620TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$1,488OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$1,488OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$1,488OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$1,488OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$651TaxesRevAndExpnssAmt
Taxes Net Invst Incm$651TaxesNetInvstIncmAmt
Taxes Adj Net Incm$651TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$651TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,139TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,139TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,139TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,139TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$75,100ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$75,100ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$77,239TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,139TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,139TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$77,239TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$86,381ExcessRevenueOverExpensesAmt
Net Investment Income$86,481NetInvestmentIncomeAmt
Adjusted Net Income$86,481AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$22,289SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,241SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,241SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$345,751CorporateStockBOYAmt
Corporate Stock EOY$437,160CorporateStockEOYAmt
Corporate Stock EOYFMV$703,078CorporateStockEOYFMVAmt
Other Investments BOY$690,780OtherInvestmentsBOYAmt
Other Investments EOY$687,800OtherInvestmentsEOYAmt
Other Investments EOYFMV$687,800OtherInvestmentsEOYFMVAmt
Total Assets BOY$1,058,820TotalAssetsBOYAmt
Total Assets EOY$1,145,201TotalAssetsEOYAmt
Total Assets EOYFMV$1,411,119TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,058,820NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY$1,058,820TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,145,201TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,058,820TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,145,201TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,058,820TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$86,381ExcessRevenueOverExpensesAmt
Subtotal$1,145,201SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,145,201TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
Partnership K-1 Net Rental Real Estate IncomeP2020-10-012021-09-30$729-$729-$729
Fidelity Invest Capital GainsP2000-01-10$86,473$86,473$86,473
FieldValueIRS element (for citing)
Capital Gain Net Income$85,744CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$85,744NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,202InvestmentIncomeExciseTaxAmt
Subtotal$1,202SubtotalAmt
Tax Based On Investment Income$1,202TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,207EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$1,207TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$5EsPenaltyAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1SAMUEL RAABBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7183386900PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12600 NOSTRAND AVEAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11210ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
SAMUEL RAAB
1812 55TH STRBROOKLYNNY11204President0.00$0
JUDITH RAAB
1812 55th STRBROOKLYNNY11204Secretary0.00$0
SOLOMON RAAB
1864 55th STRBROOKLYNNY11204Director0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$706,085AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$19,566AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$689,250FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,414,901TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,414,901AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$21,224CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,393,677NetVlNoncharitableAssetsAmt
Minimum Investment Return$69,684MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$69,684MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,202TaxBasedOnInvestmentIncomeAmt
Total Tax$1,202TotalTaxAmt
Distributable Before Adj$68,482DistributableBeforeAdjAmt
Distributable Before Ded$68,482DistributableBeforeDedAmt
Distributable As Adjusted$68,482DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$77,239ExpensesAndContributionsAmt
Qualifying Distributions$77,239QualifyingDistributionsAmt
Adjusted Qualifying Distri$77,239AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$68,482DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$7,108ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$14,589ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,896ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$7,025ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$16,678ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$47,296TotalExcessDistributionCyovAmt
Qualifying Distributions$77,239QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$68,482AppliedToCurrentYearAmt
Remaining Distri From Corpus$8,757RemainingDistriFromCorpusAmt
Total Corpus$56,053TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$7,108ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$48,945ExcessDistriCyovToNextYrAmt
Excess From Year4$14,589ExcessFromYear4Amt
Excess From Year3$1,896ExcessFromYear3Amt
Excess From Year2$7,025ExcessFromYear2Amt
Excess From Year1$16,678ExcessFromYear1Amt
Excess From Current Year$8,757ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSAMUEL RAABContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN F OF MERKAZ CHASIDEI VIZNI
285 LEE AVEBROOKLYNNY11206NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$23,000
CONGKOLLEL TZEMACH TZADIK CHAIM BCH
1333 51 stBROOKLYNNY11219NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$5,000
CONG GMACH ZICHRON SHLOMO
5014 - 16th AveBrooklynNY11204NONE501(c) 3FURTHER EDUCATIOANL & RELIGIOUS PURSUITS$20,000
MOSDOT BOTOSHAN INC
1148 - 49 STBROOKLYNNY11219NONE501 (c) 3FURTHER RELIGIOUS &EDUCATIONAL PURSUITS$1,800
MESIVTA NACHLAS YAKOV
185 WILSON STBROOKLYNNY11211NONE501(c)(3)FURTHER EDUCATIONAL & RELIGIOUS PURSUITS$20,000
CONGKHAL TZEMACH TZADIK VIZNITZ
186 ROSS STBROOKLYNNY11211NONE501(c)(3)FURTHER EDUCATIONAL & RELIGIOUS PURSUITS$1,800
KOLEL ASIKE SHMATASE
1274 - 49 STBROOKLYNNY11219NONE501(c)(3)FURTHER EDUCATIONAL & RELIGIOUS PURSUITS$3,500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$75,100TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,876RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$85,744RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$88,620RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$88,620TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSAMUEL RAABContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11812 55th STRAddressLine1Txt
CityBROOKLYNCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11204ZIPCd
FieldValueIRS element (for citing)
Total Contributions$75,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank charges$265$265$265$265
Portfolio Strategies$1,223$1,223$1,223$1,223

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$401$401$401$401
NYS DEPT. OF LAW$250$250$250$250

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