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RAAB FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2018-10-01 to 2019-09-30
Filed
2020-03-08
IRS object ID
202000689349100100
Schema version
2018v3.1
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)
Return2020-03-08T07:16:43-07:00ReturnTs
Tax Period End2019-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2018-10-01TaxPeriodBeginDt

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
Signature2020-03-08SignatureDt
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,134,283FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$4,475DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,475DividendsNetInvstIncmAmt
Dividends Adj Net Incm$4,475DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$13,990NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$14,135GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,990CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$13,990NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$118,465TotalRevAndExpnssAmt
Total Net Invst Incm$18,465TotalNetInvstIncmAmt
Total Adj Net Incm$18,465TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$955OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$955OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$955OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$955OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$571TaxesRevAndExpnssAmt
Taxes Net Invst Incm$571TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$571TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,526TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,526TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$955TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,526TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$60,750ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$60,750ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$62,276TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,526TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$955TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$62,276TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$56,189ExcessRevenueOverExpensesAmt
Net Investment Income$16,939NetInvestmentIncomeAmt
Adjusted Net Income$17,510AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$20,015SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,637SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,637SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$214,921CorporateStockBOYAmt
Corporate Stock EOY$298,283CorporateStockEOYAmt
Corporate Stock EOYFMV$441,756CorporateStockEOYFMVAmt
Other Investments BOY$699,685OtherInvestmentsBOYAmt
Other Investments EOY$670,890OtherInvestmentsEOYAmt
Other Investments EOYFMV$670,890OtherInvestmentsEOYFMVAmt
Total Assets BOY$934,621TotalAssetsBOYAmt
Total Assets EOY$990,810TotalAssetsEOYAmt
Total Assets EOYFMV$1,134,283TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$934,621UnrestrictedBOYAmt
Unrestricted EOY$990,810UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$934,621TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$990,810TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$934,621TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$990,810TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$934,621TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$56,189ExcessRevenueOverExpensesAmt
Subtotal$990,810SubtotalAmt
Tot Net Ast Or Fund Balances EOY$990,810TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtGross Sales PriceGrossSalesPriceAmt
Partnership K-1 Net rental ret income/lossP2018-10-012019-09-30$145-$145-$145
Fidelity Invest Capital gainsP2000-01-02$14,135$14,135$14,135
FieldValueIRS element (for citing)
Capital Gain Net Income$13,990CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$13,990NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$53,475AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,037,998NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05152DistributionYr1Rt
Adjusted Qlfy Distri Yr2$64,209AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$994,366NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06457DistributionYr2Rt
Adjusted Qlfy Distri Yr3$54,710AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$952,647NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05743DistributionYr3Rt
Adjusted Qlfy Distri Yr4$77,649AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$949,562NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.08177DistributionYr4Rt
Adjusted Qlfy Distri Yr5$38,661AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$889,554NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.04346DistributionYr5Rt
Total Distribution0.298753TotalDistributionRt
Average Distribution0.059751AverageDistributionRt
Net Vl Noncharitable Assets$1,111,790NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$66,431AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$169NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$66,600AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$62,276QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$339InvestmentIncomeExciseTaxAmt
Subtotal$339SubtotalAmt
Tax Based On Investment Income$339TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$339EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$339TotalPaymentsAndCreditsAmt

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
Form990 T FiledfalseForm990TFiledInd
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
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd
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$423,724AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,210AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$683,787FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,128,721TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,128,721AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$16,931CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,111,790NetVlNoncharitableAssetsAmt
Minimum Investment Return$55,590MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$55,590MinimumInvestmentReturnAmt
Tax Based On Investment Income$339TaxBasedOnInvestmentIncomeAmt
Total Tax$339TotalTaxAmt
Distributable Before Adj$55,251DistributableBeforeAdjAmt
Distributable Before Ded$55,251DistributableBeforeDedAmt
Distributable As Adjusted$55,251DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$62,276ExpensesAndContributionsAmt
Qualifying Distributions$62,276QualifyingDistributionsAmt
Adjusted Qualifying Distri$62,276AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$55,251DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$30,415ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$7,108ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$14,589ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,896ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$54,008TotalExcessDistributionCyovAmt
Qualifying Distributions$62,276QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$55,251AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,025RemainingDistriFromCorpusAmt
Total Corpus$61,033TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$61,033ExcessDistriCyovToNextYrAmt
Excess From Year4$30,415ExcessFromYear4Amt
Excess From Year3$7,108ExcessFromYear3Amt
Excess From Year2$14,589ExcessFromYear2Amt
Excess From Year1$1,896ExcessFromYear1Amt
Excess From Current Year$7,025ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 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$36,000
CONGKOLLEL TZEMACH TZADIK CHAIM BCH
1333 51 stBROOKLYNNY11219NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$12,750
KOLLEL SHAS YIDEN
1274 - 49 STBROOKLYNNY11219NONE501(c)(3)FURTHER RELIGIOUS &EDUCATIONAL PURSUITS$10,000
CONG RAV CHASED
34 Ross StBrooklynNY11211NONE501(c)(3)FURTHER EDUCATIONAL & RELIGIOUS PURSUITS$1,000
YESHIVA BETH HILLEL
1613 44th StBrooklynNY11204NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$60,750TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,475RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,990RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$18,465RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18,465TotalIncomeProducingActyAmt

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$100,000TotalContributionsAmt
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$280$280$280$280
PORTFOLIO STRATEGIES$675$675$675$675

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$321$321$321
NYS DEPT. OF LAW$250$250$250

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