RAAB FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2016-10-01 to 2017-09-30
Filed
2018-02-08
IRS object ID
201800399349100205
Schema version
2016v3.0
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)
Return2018-02-08T09:39:20-08:00ReturnTs
Tax Period End2017-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2016-10-01TaxPeriodBeginDt

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
Signature2018-02-08SignatureDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,017,821FMVAssetsEOYAmt
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$11InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$11InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$11InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,390DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,390DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,390DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$4,797NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$9,047GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$4,797CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$9,047NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$82,198TotalRevAndExpnssAmt
Total Net Invst Incm$7,198TotalNetInvstIncmAmt
Total Adj Net Incm$11,448TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$2,128OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,128OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$2,128OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$130TaxesRevAndExpnssAmt
Taxes Net Invst Incm$130TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$130TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,258TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$2,258TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,258TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$62,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$62,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$64,258TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$2,258TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$64,258TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$17,940ExcessRevenueOverExpensesAmt
Net Investment Income$4,940NetInvestmentIncomeAmt
Adjusted Net Income$11,448AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$21,476SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$20,846SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$20,846SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$178,095CorporateStockBOYAmt
Corporate Stock EOY$200,914CorporateStockEOYAmt
Corporate Stock EOYFMV$322,877CorporateStockEOYFMVAmt
Other Investments BOY$678,348OtherInvestmentsBOYAmt
Other Investments EOY$674,098OtherInvestmentsEOYAmt
Other Investments EOYFMV$674,098OtherInvestmentsEOYFMVAmt
Total Assets BOY$877,919TotalAssetsBOYAmt
Total Assets EOY$895,858TotalAssetsEOYAmt
Total Assets EOYFMV$1,017,821TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$877,919UnrestrictedBOYAmt
Unrestricted EOY$895,858UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$877,919TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$895,858TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$877,919TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$895,858TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$877,919TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$17,940ExcessRevenueOverExpensesAmt
Subtotal$895,859SubtotalAmt
Tot Net Ast Or Fund Balances EOY$895,859TotNetAstOrFundBalancesEOYAmt

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/lossP2007-01-012017-09-30$4,250-$4,250-$4,250
Fidelity Invest Capital GainsP2000-01-01$9,047$9,047$9,047
FieldValueIRS element (for citing)
Capital Gain Net Income$4,797CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$9,047NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$54,710AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$952,647NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05743DistributionYr1Rt
Adjusted Qlfy Distri Yr2$77,649AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$949,562NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.08177DistributionYr2Rt
Adjusted Qlfy Distri Yr3$38,661AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$889,554NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.04346DistributionYr3Rt
Adjusted Qlfy Distri Yr4$56,764AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$821,912NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.06906DistributionYr4Rt
Adjusted Qlfy Distri Yr5$26,646AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$697,366NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.03821DistributionYr5Rt
Total Distribution0.289935TotalDistributionRt
Average Distribution0.057987AverageDistributionRt
Net Vl Noncharitable Assets$994,366NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$57,660AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$49NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$57,709AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$64,258QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$49InvestmentIncomeExciseTaxAmt
Subtotal$49SubtotalAmt
Tax Based On Investment Income$49TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$49EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$49TotalPaymentsAndCreditsAmt

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$312,048AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,238AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$676,223FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,009,509TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$1,009,509AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$15,143CashDeemedCharitableAmt
Net Vl Noncharitable Assets$994,366NetVlNoncharitableAssetsAmt
Minimum Investment Return$49,718MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$49,718MinimumInvestmentReturnAmt
Tax Based On Investment Income$49TaxBasedOnInvestmentIncomeAmt
Total Tax$49TotalTaxAmt
Distributable Before Adj$49,669DistributableBeforeAdjAmt
Distributable Before Ded$49,669DistributableBeforeDedAmt
Distributable As Adjusted$49,669DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$64,258ExpensesAndContributionsAmt
Qualifying Distributions$64,258QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$49PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$64,209AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$49,669DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$15,778ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$30,415ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$7,108ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$53,301TotalExcessDistributionCyovAmt
Qualifying Distributions$64,258QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$49,669AppliedToCurrentYearAmt
Remaining Distri From Corpus$14,589RemainingDistriFromCorpusAmt
Total Corpus$67,890TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$67,890ExcessDistriCyovToNextYrAmt
Excess From Year4$15,778ExcessFromYear4Amt
Excess From Year2$30,415ExcessFromYear2Amt
Excess From Year1$7,108ExcessFromYear1Amt
Excess From Current Year$14,589ExcessFromCurrentYearAmt

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 Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN F OF MERKAZ CHASIDEI VIZNI
285 LEE AVEBROOKLYNNY11206501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$17,000
CONG ADAS YEREIM
27 LEE AVEBROOKLYNNY11211501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$15,000
SHAAREI ZION
5121 - 17th AveBROOKLYNNY11204501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$10,000
CONG GMACH ZICHRON SHLOMO
5014 - 16th AveBrooklynNY11204501(c) 3FURTHER EDUCATIOANL & RELIGIOUS PURSUITS$14,500
KOLLEL SHAS YIDEN
1274 - 49 STBROOKLYNNY11219501 (c) 3FURTHER RELIGIOUS &EDUCATIONAL PURSUITS$5,000
MOSDOT BOTOSHAN INC
1148 - 49 STBROOKLYNNY11219501 (c) 3FURTHER RELIGIOUS &EDUCATIONAL PURSUITS$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$62,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$11RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$2,390RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,797RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$7,198RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,198TotalIncomeProducingActyAmt

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$1,616$1,616$0$1,616
PORTFOLIO STRATEGIES$512$512$0$512

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$30$30$30
NYS DEPT. OF LAW$100$100$100

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