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RAOUL HAGUE FOUNDATION INC: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
RAOUL HAGUE FOUNDATION INC (EIN 13-3759863)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202223199349105642
Schema version
2021v4.0
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)
Return2022-11-15T11:57:53-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN020656612PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Daniel OConnell CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1159 Bellevue AvenueAddressLine1Txt
CityUpper MontclairCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07043ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133759863EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Raoul Hague Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAOUBusinessNameControlTxt
Phone2125958859PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 20394 London Terrace StaAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJanis EkdahlPersonNm
Person TitlePresidentPersonTitleTxt
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJanisPersonFirstNm
Person LastEkdahlPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaniel O'ConnellPreparerPersonNm
PTINP01354721PTIN
Phone9735090075PhoneNum
Self EmployedYes (X)SelfEmployedInd

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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,457,053FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$10,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$11,460DividendsRevAndExpnssAmt
Dividends Net Invst Incm$11,460DividendsNetInvstIncmAmt
Dividends Adj Net Incm$11,460DividendsAdjNetIncmAmt
Total Rev And Expnss$21,460TotalRevAndExpnssAmt
Total Net Invst Incm$11,460TotalNetInvstIncmAmt
Total Adj Net Incm$11,460TotalAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$1,220DeprecAndDpltnRevAndExpnssAmt
Other Expenses Rev And Expnss$33,406OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$33,406OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$34,626TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$33,406TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,626TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$33,406TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$13,166ExcessRevenueOverExpensesAmt
Net Investment Income$11,460NetInvestmentIncomeAmt
Adjusted Net Income$11,460AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$67,608SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,453SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,453SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$115,484USGovernmentObligationsBOYAmt
US Government Obligations EOY$104,296USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$104,296USGovtObligationsEOYFMVAmt
Corporate Stock BOY$104,161CorporateStockBOYAmt
Corporate Stock EOY$141,926CorporateStockEOYAmt
Corporate Stock EOYFMV$141,926CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$200,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$32,737LandBldgEquipAccumDeprecAmt
Land BOY$168,483LandBOYAmt
Land EOY$167,263LandEOYAmt
Land EOYFMV$167,263LandEOYFMVAmt
Other Assets BOY$1,022,115OtherAssetsBOYAmt
Other Assets EOY$1,022,115OtherAssetsEOYAmt
Other Assets EOYFMV$1,022,115OtherAssetsEOYFMVAmt
Total Assets BOY$1,477,851TotalAssetsBOYAmt
Total Assets EOY$1,457,053TotalAssetsEOYAmt
Total Assets EOYFMV$1,457,053TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,477,851NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,457,053NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,477,851TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,457,053TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,477,851TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,457,053TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,477,851TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$13,166ExcessRevenueOverExpensesAmt
Subtotal$1,464,685SubtotalAmt
Other Decreases$7,632OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,457,053TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$159InvestmentIncomeExciseTaxAmt
Subtotal$159SubtotalAmt
Tax Based On Investment Income$159TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$96EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$150ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$246TotalPaymentsAndCreditsAmt
Overpayment$87OverpaymentAmt
Applied To ES Tax$87AppliedToESTaxAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.raoulhaguefoundation.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Jill Weinberg AdamsBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2125958859PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line177 73rd StreetAddressLine1Txt
CityBrooklynCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11209ZIPCd
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 (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Janis Ekdahl
c/o Raoul Hague FoundationNew YorkNY10001President1.00$0
Donna Harkavy
c/o Raoul Hague FoundationNew YorkNY10001Secretary/Treas1.00$0
Holly Hughes
c/o Raoul Hague FoundationNew YorkNY10001Director1.00$0
Amy Wolf
c/o Raoul Hague FoundationNew YorkNY10001Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Thanks to a generous donation received in 2020, the Foundation was able to undertake an urgent repair project in 2021, the repair of the deteriorating roofs of the sheds in which the artist's sculptures are stored. The Foundation plans to resume its donation and exhibition activities in 2022 after completing completing several maintenance and organizing projects. Several institutions, including the McNay Museum in San Antonio, Texas, the Albany Art Institute in Albany, New York and the Woodstock Artists Association Museum in Woodstock, New York are prepared to receive donations as soon as the Foundation is in a position to resume the donation program.Description1Txt
Expenses1$0Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$242,935AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$44,530AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,115FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$289,580TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$289,580AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,344CashDeemedCharitableAmt
Net Vl Noncharitable Assets$285,236NetVlNoncharitableAssetsAmt
Minimum Investment Return$14,262MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$33,406ExpensesAndContributionsAmt
Qualifying Distributions$33,406QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling1999-08-20PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$11,460CurrentYearAmt
Year1$10,589Year1Amt
Year2$6,436Year2Amt
Year3$7,336Year3Amt
Total$35,821TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$9,741CurrentYearAmt
Year1$9,001Year1Amt
Year2$5,471Year2Amt
Year3$6,236Year3Amt
Total$30,449TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$33,406CurrentYearAmt
Year1$9,474Year1Amt
Year2$8,954Year2Amt
Year3$8,165Year3Amt
Total$59,999TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$33,406CurrentYearAmt
Year1$9,474Year1Amt
Year2$8,954Year2Amt
Year3$8,165Year3Amt
Total$59,999TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$9,508CurrentYearAmt
Year1$9,684Year1Amt
Year2$7,624Year2Amt
Year3$7,853Year3Amt
Total$34,669TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHolly HughesRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1London Terrace Station PO Box 20394AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
Recipient Phone2125958859RecipientPhoneNum
Form And Info And MaterialsLetterFormAndInfoAndMaterialsTxt
Submission DeadlinesNoneSubmissionDeadlinesTxt
Restrictions On AwardsMuseumsRestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
DescSale of sculpturesDesc

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$11,460ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$11,460ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$11,460TotalIncomeProducingActyAmt

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 PersonThomas Musa MayerContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1c/o Raoul Hague FoundationAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
Total Contributions$10,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyBuildingPropertyDesc
Acquired1995-03-01AcquiredDt
Cost Or Other Basis$48,795CostOrOtherBasisAmt
Prior Year Depreciation$31,517PriorYearDepreciationAmt
Computation MethodSLComputationMethodTxt
Life40.0000LifeRt
Current Year Expense$1,220CurrentYearExpenseAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceGeneral Explanation Supplemental Information for Form 990-PFFormAndLineReferenceDesc
Medium ExplanationForm 990-PF, Return of Private Foundation, Part II, Balance SheetThe value of the land and building was increased to its appraised value.The value of the sculptures was increased to their estimated valus.MediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$100,000$32,737$67,263$67,263
Land$100,000$100,000$100,000

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Accrued interest$2,115$2,115$2,115
Sculptures$1,020,000$1,020,000$1,020,000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank charges$85$85
Building repairs$25,525$25,525
Exterminator$706$706
Fine arts insurance$1,743$1,743
Internet$315$315
Miscellaneous$1,535$1,535
New York State annual fees$250$250
Postage$134$134
Property maintenance$1,214$1,214
Security$594$594
Snowplowing$450$450
Telephone$555$555
Utilities$300$300

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