RAAB FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2017-10-01 to 2018-09-30
Filed
2019-02-07
IRS object ID
201910389349100606
Schema version
2017v2.2
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)
Return2019-02-07T11:44:02-08:00ReturnTs
Tax Period End2018-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2017-10-01TaxPeriodBeginDt

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
Signature2019-02-07SignatureDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,064,080FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$75,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$24InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$24InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$24InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,894DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,894DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,894DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$14,319NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$16,732GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$14,319CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$14,319NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$92,237TotalRevAndExpnssAmt
Total Net Invst Incm$17,237TotalNetInvstIncmAmt
Total Adj Net Incm$17,237TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$876OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$876OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$876OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$876OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$299TaxesRevAndExpnssAmt
Taxes Net Invst Incm$299TaxesNetInvstIncmAmt
Taxes Adj Net Incm$299TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$299TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,175TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,175TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$1,175TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,175TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$52,300ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$52,300ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$53,475TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,175TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$1,175TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$53,475TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$38,762ExcessRevenueOverExpensesAmt
Net Investment Income$16,062NetInvestmentIncomeAmt
Adjusted Net Income$16,062AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$20,846SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,015SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,015SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$200,914CorporateStockBOYAmt
Corporate Stock EOY$214,921CorporateStockEOYAmt
Corporate Stock EOYFMV$344,380CorporateStockEOYFMVAmt
Other Investments BOY$674,099OtherInvestmentsBOYAmt
Other Investments EOY$699,685OtherInvestmentsEOYAmt
Other Investments EOYFMV$699,685OtherInvestmentsEOYFMVAmt
Total Assets BOY$895,859TotalAssetsBOYAmt
Total Assets EOY$934,621TotalAssetsEOYAmt
Total Assets EOYFMV$1,064,080TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$895,859UnrestrictedBOYAmt
Unrestricted EOY$934,621UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$895,859TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$934,621TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$895,859TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$934,621TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$895,859TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$38,762ExcessRevenueOverExpensesAmt
Subtotal$934,621SubtotalAmt
Tot Net Ast Or Fund Balances EOY$934,621TotNetAstOrFundBalancesEOYAmt

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/lossP2017-10-012018-09-30$2,413-$2,413-$2,413
Fidelity Invest Capital GainsP2000-01-01$16,732$16,732$16,732
FieldValueIRS element (for citing)
Capital Gain Net Income$14,319CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$14,319NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$64,209AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$994,366NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.06457DistributionYr1Rt
Adjusted Qlfy Distri Yr2$54,710AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$952,647NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05743DistributionYr2Rt
Adjusted Qlfy Distri Yr3$77,649AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$949,562NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.08177DistributionYr3Rt
Adjusted Qlfy Distri Yr4$38,661AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$889,554NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.04346DistributionYr4Rt
Adjusted Qlfy Distri Yr5$56,764AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$821,912NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.06906DistributionYr5Rt
Total Distribution0.316299TotalDistributionRt
Average Distribution0.063260AverageDistributionRt
Net Vl Noncharitable Assets$1,037,998NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$65,664AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$161NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$65,825AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$53,475QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$321InvestmentIncomeExciseTaxAmt
Subtotal$321SubtotalAmt
Tax Based On Investment Income$321TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$321EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$321TotalPaymentsAndCreditsAmt

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

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$345,375AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$23,038AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$685,392FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,053,805TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,053,805AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,807CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,037,998NetVlNoncharitableAssetsAmt
Minimum Investment Return$51,900MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$51,900MinimumInvestmentReturnAmt
Tax Based On Investment Income$321TaxBasedOnInvestmentIncomeAmt
Total Tax$321TotalTaxAmt
Distributable Before Adj$51,579DistributableBeforeAdjAmt
Distributable Before Ded$51,579DistributableBeforeDedAmt
Distributable As Adjusted$51,579DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$53,475ExpensesAndContributionsAmt
Qualifying Distributions$53,475QualifyingDistributionsAmt
Adjusted Qualifying Distri$53,475AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$51,579DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$15,778ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$30,415ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$7,108ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$14,589ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$67,890TotalExcessDistributionCyovAmt
Qualifying Distributions$53,475QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$51,579AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,896RemainingDistriFromCorpusAmt
Total Corpus$69,786TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$15,778ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$54,008ExcessDistriCyovToNextYrAmt
Excess From Year3$30,415ExcessFromYear3Amt
Excess From Year2$7,108ExcessFromYear2Amt
Excess From Year1$14,589ExcessFromYear1Amt
Excess From Current Year$1,896ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 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$28,000
SHAAREI ZION
5121 - 17th AveBROOKLYNNY11204NONE501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$15,000
CONGKOLLEL TZEMACH TZADIK CHAIM BCH
1333 51 stBROOKLYNNY11219NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$5,000
MOSDOT BOTOSHAN INC
1148 - 49 STBROOKLYNNY11219NONE501 (c) 3FURTHER RELIGIOUS &EDUCATIONAL PURSUITS$1,500
CONG ZICHRON AVOS
1540 - 40th StBrooklynNY11218NONE501(c)3FURTHER EDUCATIONAL& RERLIGIOUS PURSUITS$1,000
MESAMCHE LEV
1364 - 53stBrooklynNY11219NONE501(c)3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$1,800
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$52,300TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$24RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,894RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14,319RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$17,237RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$17,237TotalIncomeProducingActyAmt

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$439$439$439$439
PORTFOLIO STRATEGIES$437$437$437$437

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$49$49$49$49
NYS DEPT. OF LAW$250$250$250$250

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