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RAOUL HAGUE FOUNDATION INC: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
RAOUL HAGUE FOUNDATION INC (EIN 13-3759863)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-14
IRS object ID
201943189349102554
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)
Return2019-11-14T19:09:20-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaniel O'ConnellPreparerPersonNm
PTINP01354721PTIN
Phone9735090075PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,456,824FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$86InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$86InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$86InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$7,250DividendsRevAndExpnssAmt
Dividends Net Invst Incm$7,250DividendsNetInvstIncmAmt
Dividends Adj Net Incm$7,250DividendsAdjNetIncmAmt
Other Income Rev And Expnss$393OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$7,729TotalRevAndExpnssAmt
Total Net Invst Incm$7,336TotalNetInvstIncmAmt
Total Adj Net Incm$7,336TotalAdjNetIncmAmt
Deprec And Dpltn Rev And Expnss$1,220DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$34TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$34TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$8,131OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$8,131OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,385TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$8,165TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$9,385TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$8,165TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,656ExcessRevenueOverExpensesAmt
Net Investment Income$7,336NetInvestmentIncomeAmt
Adjusted Net Income$7,336AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$115,190SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$114,755SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$114,755SavAndTempCashInvstEOYFMVAmt
US Government Obligations BOY$125,101USGovernmentObligationsBOYAmt
US Government Obligations EOY$119,031USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$119,031USGovtObligationsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$200,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$29,077LandBldgEquipAccumDeprecAmt
Land BOY$88,393LandBOYAmt
Land EOY$170,923LandEOYAmt
Land EOYFMV$170,923LandEOYFMVAmt
Other Assets BOY$12,115OtherAssetsBOYAmt
Other Assets EOY$1,052,115OtherAssetsEOYAmt
Other Assets EOYFMV$1,052,115OtherAssetsEOYFMVAmt
Total Assets BOY$340,799TotalAssetsBOYAmt
Total Assets EOY$1,456,824TotalAssetsEOYAmt
Total Assets EOYFMV$1,456,824TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$340,799UnrestrictedBOYAmt
Unrestricted EOY$1,456,824UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$340,799TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,456,824TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$340,799TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,456,824TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$340,799TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,656ExcessRevenueOverExpensesAmt
Other Increases$1,123,750OtherIncreasesAmt
Subtotal$1,462,893SubtotalAmt
Other Decreases$6,069OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$1,456,824TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$147InvestmentIncomeExciseTaxAmt
Subtotal$147SubtotalAmt
Tax Based On Investment Income$147TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$69EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$150ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$219TotalPaymentsAndCreditsAmt
Overpayment$72OverpaymentAmt
Applied To ES Tax$72AppliedToESTaxAmt

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 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
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 (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)
Description1Following a significant setback in our museum donation and exhibition program in 2017, preservation of the remaining sculptures and maintenance of the historic home and storage sheds became a priority in 2018. The Foundation's efforts are concentrated on seeking solutions to our most pressing problems, in order to resume our program of donating artworks to museums. 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$8,165Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$122,067AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$114,976AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$2,115FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$239,158TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$239,158AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,587CashDeemedCharitableAmt
Net Vl Noncharitable Assets$235,571NetVlNoncharitableAssetsAmt
Minimum Investment Return$11,779MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

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

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$8,165ExpensesAndContributionsAmt
Qualifying Distributions$8,165QualifyingDistributionsAmt
Adjusted Qualifying Distri$8,165AdjustedQualifyingDistriAmt

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$7,336CurrentYearAmt
Year1$6,700Year1Amt
Year2$7,346Year2Amt
Year3$7,079Year3Amt
Total$28,461TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$6,236CurrentYearAmt
Year1$5,695Year1Amt
Year2$6,244Year2Amt
Year3$6,017Year3Amt
Total$24,192TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$8,165CurrentYearAmt
Year1$21,877Year1Amt
Year2$11,416Year2Amt
Year3$38,291Year3Amt
Total$79,749TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$8,165CurrentYearAmt
Year1$21,877Year1Amt
Year2$11,416Year2Amt
Year3$38,291Year3Amt
Total$79,749TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$7,853CurrentYearAmt
Year1$8,244Year1Amt
Year2$8,554Year2Amt
Year3$8,836Year3Amt
Total$33,487TotalAmt

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

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$86ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7,250ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescVAGA Royalty feesDesc
Related Or Exempt Function Incm$393RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$7,336ExclusionAmt
Related Or Exempt Function Incm$393RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,729TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyBuildingPropertyDesc
Acquired1995-03-01AcquiredDt
Cost Or Other Basis$48,795CostOrOtherBasisAmt
Prior Year Depreciation$27,857PriorYearDepreciationAmt
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 valueMediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (2 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Buildings$100,000$29,077$70,923$70,923
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$10,000$1,050,000$1,050,000

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUnrealized depreciation in investmentsDesc
Amt$6,069Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Fine arts insurance$1,545$1,545
Internet$495$495
Liability insurance$1,200$1,200
Miscellaneous$279$279
Moving & storage$1,254$1,254
New York State annual fees$100$100
Postage$136$136
Property maintenance$1,690$1,690
Security$594$594
Telephone$533$533
Utilities$305$305

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescVAGA Royalty feesDesc
Revenue And Expenses Per Books$393RevenueAndExpensesPerBooksAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
Increase in value of land and buildings$83,750
Increase in value of sculptures$1,040,000

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