RAK CHARITABLE FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: RAK CHARITABLE FOUNDATION (EIN 20-0489700)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2022-08-24
IRS object ID: 202232369349100013
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
Form 990-PF
Schedule B
Accounting Fees Schedule
Gain Loss Sale Other Assets Sch
Investments Corp Stock Schedule
Other Assets Schedule
Other Expenses Schedule
Other Liabilities Schedule
Other Notes Loans Rcvbl Long Sch

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-08-24T12:57:17-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133988268	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SCHNECK & EISENBERGERCPA'S PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 EXECUTIVE BLVD STE 105B	AddressLine1Txt
City	SUFFERN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	109014113	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200489700	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RAK CHARITABLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RAKC	BusinessNameControlTxt
Phone	8453684408	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8 ELYSE ROAD	AddressLine1Txt
City	MONSEY	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10952	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ABE KATZ	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	8453684408	PhoneNum
Signature	2021-11-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ABE	PersonFirstNm
Person Last	KATZ	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	WILLIAM SCHNECK CPA	PreparerPersonNm
PTIN	P00112598	PTIN
Phone	8453684408	PhoneNum
Preparation	2022-08-24	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$307,300	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$275,020	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$7,696	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$7,696	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$7,696	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	$8,941	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$78,268	GrossSalesPriceAmt
Total Rev And Expnss	$291,657	TotalRevAndExpnssAmt
Total Net Invst Incm	$7,696	TotalNetInvstIncmAmt
Total Adj Net Incm	$7,696	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$3,000	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$3,000	AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss	$145	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$145	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$3,145	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$145	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$3,000	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$260,944	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$260,944	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$264,089	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$145	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$263,944	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$27,568	ExcessRevenueOverExpensesAmt
Net Investment Income	$7,551	NetInvestmentIncomeAmt
Adjusted Net Income	$7,696	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3	CashBOYAmt
Cash EOY	$63,568	CashEOYAmt
Sav And Temp Cash Invst BOY	$80,907	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,837	SavAndTempCashInvstEOYAmt
Other Nts And Loans Rcvbl	$307,300	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$309,900	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$307,300	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$307,300	OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY	$378,714	CorporateStockBOYAmt
Corporate Stock EOY	$424,387	CorporateStockEOYAmt
Other Assets BOY	$2,000	OtherAssetsBOYAmt
Other Assets EOY	$2,000	OtherAssetsEOYAmt
Total Assets BOY	$771,524	TotalAssetsBOYAmt
Total Assets EOY	$799,092	TotalAssetsEOYAmt
Total Assets EOYFMV	$307,300	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$2,000	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$2,000	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$2,000	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,000	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$769,524	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$797,092	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$769,524	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$797,092	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$771,524	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$799,092	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$769,524	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$27,568	ExcessRevenueOverExpensesAmt
Subtotal	$797,092	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$797,092	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$105	InvestmentIncomeExciseTaxAmt
Subtotal	$105	SubtotalAmt
Tax Based On Investment Income	$105	TaxBasedOnInvestmentIncomeAmt
Tax Due	$105	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (true)	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	ABE KATZ	IndividualWithBooksNm
Phone	8453684408	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	8 ELYSIE ROAD	AddressLine1Txt
City	MONSEY	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	109521412	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
ABE KATZ
8 ELYSIE ROAD	MONSEY	NY	109521412	PRESIDENT	000.00	$0	$0	$0
RISA KATZ
8 ELYISE ROAD	MONSEY	NY	109521412	VICE PRESID	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	TO AWARD GRANTS TO EXEMPT CHARITABLE ORGANIZATIONS WHO QUALIFY UNDER IRC SECTION 501(C)3 EXEMPT ORGANIZATION STATUS	Description1Txt
Expenses1	$260,944	Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$263,478	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$34,059	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$307,300	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$604,837	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$604,837	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$9,073	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$595,764	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$29,788	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$263,944	ExpensesAndContributionsAmt
Charitable Assets Acquis Paid	$263,944	CharitableAssetsAcquisPaidAmt
Qualifying Distributions	$527,888	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$527,888	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Qualifying Distributions	$527,888	QualifyingDistributionsAmt
Remaining Distri From Corpus	$527,888	RemainingDistriFromCorpusAmt
Total Corpus	$527,888	TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$7,696	CurrentYearAmt
Year1	$55	Year1Amt
Year2	$502	Year2Amt
Year3	$129	Year3Amt
Total	$8,382	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$6,542	CurrentYearAmt
Year1	$47	Year1Amt
Year2	$427	Year2Amt
Year3	$110	Year3Amt
Total	$7,126	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$527,888	CurrentYearAmt
Year1	$343,645	Year1Amt
Year2	$266,243	Year2Amt
Year3	$361,672	Year3Amt
Total	$1,499,448	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$527,888	CurrentYearAmt
Year1	$343,645	Year1Amt
Year2	$266,243	Year2Amt
Year3	$361,672	Year3Amt
Total	$1,499,448	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$19,859	CurrentYearAmt
Year1	$16,257	Year1Amt
Year2	$16,203	Year2Amt
Year3	$4,579	Year3Amt
Total	$56,898	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	ABE KATZ	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Field	Value	IRS element (for citing)
Recipient Person	SEE ATTACHED	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	SEE ATTACHED	AddressLine1Txt
City	VARIOUS	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11111	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationshipTxt
Grant Or Contribution Purpose	CHARITABLE	GrantOrContributionPurposeTxt
Amt	$260,944	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$260,944	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$7,696	RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$8,941	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$16,637	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$16,637	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (4 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
ABRAHAM RISA KATZ
1	8 ELYSE DR	MONSEY	NY	10952	$190,000	Yes (X)	Yes (X)
KATZ 2016 CLAT
2	8 ELYSE DR	MONSEY	NY	10952	$29,995	Yes (X)
KATZ 2015 CLAT
3	8 ELYSE DR	MONSEY	NY	10952	$30,580	Yes (X)
KATZ 2014 CLAT
4	8 ELYSE DR	MONSEY	NY	10952	$24,445	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	STOCKS STOCK STOCK STOCK	NoncashPropertyDesc
Fair Market Value	$115,000	FairMarketValueAmt
Received	2020-12-30	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$3,000	Amt
Disbursements Charitable Prps	$3,000	DisbursementsCharitablePrpsAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
ALIBABA GROUP	2016-11	PURCHASE	2020-03	$20,841	$17,732	$3,109
ALIBABA GROUP	2016-12	PURCHASE	2020-03	$41,682	$35,398	$6,284
BLACKSTONE	2016-01	PURCHASE	2020-10	$13,750	$13,823	-$73
CISCO	2019-08	PURCHASE	2020-10	$1,995	$2,374	-$379

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
EOY Book Value	$424,387	EOYBookValueAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	ORGANIZATION COST	Desc
BOY Book Value	$2,000	BOYBookValueAmt
EOY Book Value	$2,000	EOYBookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
BROKERAGE FEES
INTEREST
BANK FEES	$145	$145

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	LOANS PAYABLE	Desc
BOY Book Value	$2,000	BOYBookValueAmt
EOY Book Value	$2,000	EOYBookValueAmt

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (9 entries)

Insider RelationshipInsiderRelationshipTxt	Loan OriginalLoanOriginalAmt	Balance DueBalanceDueAmt	NoteNoteDt	Loan MaturityLoanMaturityDt	Repayment TermsRepaymentTermsTxt	InterestInterestRt	Security Provided BorrowerSecurityProvidedBorrowerTxt	Loan PurposeLoanPurposeTxt
CHAVIE KATZ
MOTHER	$10,000	$10,000	2006-02	2020-01	LUMP SUM REPAYMENT	0.0000	YES	EMERGENCY LOAN
MEYER KOHN
BROTHER IN LAW	$4,000	$4,000	2009-12	2020-12	LUMP SUM REPAYMENT	0.0000	YES	EMERGENCY LOAN
GOLUMBECK
NONE	$10,000	$16,700	2012-05	2013-05	MONTHLY REPAYMENTS	0.0000	YES
MENDY KATZ
BROTHER	$100,000	$90,000	2016-10		LUMP SUM REPAYMENT	0.0000	YES	EMERGENCY LOAN
CHAIM WALDEN
COUSIN	$50,000	$50,000	2016-10	2021-10	LUMP SUM REPAYMENT	0.0000	YES
RABBI GELLEY
NONE	$4,000	$12,600	2017-06	2022-06	LUMP SUM REPAYMENT	0.0000	YES
BORUCH ABRAMOFF
BROTHER-IN-LAW	$100,000	$59,000	2018-12	2022-04	40 MONTHLY PAYMENTS	0.0000	YES	EMERGENCY LOAN
H ZAKOTINSKY
COUSIN	$15,000	$15,000	2018-11	2023-11	LUMP SUM REPAYMENT	0.0000	YES	EMERGENCY LOAN
RIVKA KOHN
SISTER	$50,000	$50,000	2018-05	2023-05	LUMP SUM REPAYMENT	0.0000	YES	EMERGENCY LOAN

RAK CHARITABLE FOUNDATION: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Private Operating Foundations PrivateOperatingFoundationsGrp

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Qualifying Distributions QualifyingDistributionsGrp

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp (4 entries)

Non Cash Property Contribution NonCashPropertyContributionGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (4 entries)

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch

Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (9 entries)

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