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RAFFERTY FAMILY PRIVATE FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RAFFERTY FAMILY PRIVATE FOUNDATION (EIN 27-6590504)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202533219349108258
Schema version
2024v5.2
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)
Return2025-11-17T19:08:58-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN470932445PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DISIENA CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line133 WALT WHITMAN RD 231AddressLine1Txt
CityHUNTINGTON STATIONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11746ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN276590504EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RAFFERTY FAMILY PRIVATE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAFFBusinessNameControlTxt
Phone9147770622PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1522 PROSPECT AVENUEAddressLine1Txt
CityMAMARONECKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10543ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN RAFFERTYPersonNm
Person TitleTrusteePersonTitleTxt
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDOMENIC DISIENAPreparerPersonNm
PTINP00152542PTIN
Phone2127364900PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$969,136FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$393InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$393InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$393InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$24,643DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,643DividendsNetInvstIncmAmt
Dividends Adj Net Incm$24,643DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$8,598NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$123,238GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$8,598CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$8,598NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$33,634TotalRevAndExpnssAmt
Total Net Invst Incm$33,634TotalNetInvstIncmAmt
Total Adj Net Incm$33,634TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$7,884OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$7,884OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$7,884OtherProfFeesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$7,884TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,884TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$7,884TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$27,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$27,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$34,884TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,884TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$7,884TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$27,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,250ExcessRevenueOverExpensesAmt
Net Investment Income$25,750NetInvestmentIncomeAmt
Adjusted Net Income$25,750AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$21,068SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,170SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,170SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$472RcvblFromOfficersBOYAmt
Rcvbl From Officers EOY$472RcvblFromOfficersEOYAmt
Rcvbl From Officers EOYFMV$472RcvblFromOfficersEOYFMVAmt
Prepaid Expenses BOY$3,427PrepaidExpensesBOYAmt
Prepaid Expenses EOY$5,141PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$5,092PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$825,994CorporateStockBOYAmt
Corporate Stock EOY$822,944CorporateStockEOYAmt
Corporate Stock EOYFMV$942,402CorporateStockEOYFMVAmt
Total Assets BOY$850,961TotalAssetsBOYAmt
Total Assets EOY$849,727TotalAssetsEOYAmt
Total Assets EOYFMV$969,136TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$850,961RetainedEarningBOYAmt
Retained Earning EOY$849,727RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$850,961TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$849,727TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$850,961TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$849,727TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$850,961TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,250ExcessRevenueOverExpensesAmt
Other Increases$16OtherIncreasesAmt
Subtotal$849,727SubtotalAmt
Tot Net Ast Or Fund Balances EOY$849,727TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyCOVERED SHORT TPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$123,238GrossSalesPriceAmt
Cost Or Other Basis$114,640CostOrOtherBasisAmt
Gain Or Loss$8,598GainOrLossAmt
Gains Minus Excess Or Losses$8,598GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$8,598CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$8,598NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$358InvestmentIncomeExciseTaxAmt
Subtotal$358SubtotalAmt
Tax Based On Investment Income$358TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$3,418EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$3,418TotalPaymentsAndCreditsAmt
Overpayment$3,060OverpaymentAmt
Applied To ES Tax$3,060AppliedToESTaxAmt

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 LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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 Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9147770622PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1522 PROSPECT AVENUEAddressLine1Txt
CityMAMARONECKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10543ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
BRIAN RAFFERTY
522 PROSPECT AVENUEMAMARONECKNY10543Trustee5.00$0
HELEN RAFFERTY
522 PROSPECT AVENUEMAMARONECKNY10543Trustee5.00$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$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$16,839AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$16,839TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$16,839AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$253CashDeemedCharitableAmt
Net Vl Noncharitable Assets$16,586NetVlNoncharitableAssetsAmt
Minimum Investment Return$829MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$829MinimumInvestmentReturnAmt
Tax Based On Investment Income$358TaxBasedOnInvestmentIncomeAmt
Total Tax$358TotalTaxAmt
Distributable Before Adj$471DistributableBeforeAdjAmt
Distributable Before Ded$471DistributableBeforeDedAmt
Distributable As Adjusted$471DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$27,000ExpensesAndContributionsAmt
Qualifying Distributions$27,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$471DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$14,447ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2$24,481ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$9,184ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$48,112TotalExcessDistributionCyovAmt
Qualifying Distributions$27,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$471AppliedToCurrentYearAmt
Remaining Distri From Corpus$26,529RemainingDistriFromCorpusAmt
Total Corpus$74,641TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$14,447ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$60,194ExcessDistriCyovToNextYrAmt
Excess From Year2$24,481ExcessFromYear2Amt
Excess From Year1$9,184ExcessFromYear1Amt
Excess From Current Year$26,529ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
HEART 911
614 FRELINGHUYSEN AVENUENEWARKNJ07114NONEPFGENERAL SUPPORT$20,000
FRIENDS OF THE MARINE EDUCATION CEN
100 Lighthouse DrivePonce InletFL32127NONEPFGENERAL SUPPORT$7,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$27,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$393UnrelatedBusinessTaxblIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$24,643UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$8,598RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$25,036UnrelatedBusinessTaxblIncmAmt
Related Or Exempt Function Incm$8,598RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$33,634TotalIncomeProducingActyAmt

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

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
Descwash sale loss disallowedDesc
Amt$16Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
Categoryadvisory feesCategoryTxt
Amt$7,884Amt
Net Investment Income$7,884NetInvestmentIncomeAmt
Adjusted Net Income$7,884AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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