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RAOUL HAGUE FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RAOUL HAGUE FOUNDATION INC (EIN 13-3759863)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-02-17
IRS object ID
202530489349100118
Schema version
2023v6.0
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)
Return2025-02-17T15:14:59-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113574660PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARGLO ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 4TH AVENUE SO 430AddressLine1Txt
CityST PETERSBURGCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33701ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

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 STNAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100010004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDONNA HARKAVYPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone2125958859PhoneNum
Signature2025-02-17SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARC L RUBINPreparerPersonNm
PTINP01075642PTIN
Phone6312619666PhoneNum
Preparation2025-02-17PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,470,111FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,000ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$15,122DividendsRevAndExpnssAmt
Dividends Net Invst Incm$15,122DividendsNetInvstIncmAmt
Dividends Adj Net Incm$15,122DividendsAdjNetIncmAmt
Total Rev And Expnss$35,122TotalRevAndExpnssAmt
Total Net Invst Incm$15,122TotalNetInvstIncmAmt
Total Adj Net Incm$15,122TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$1,200AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$1,200AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$400TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$400TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$1,220DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$1,894TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$1,894TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$11,797OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$11,797OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,511TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$15,291TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,511TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$15,291TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$18,611ExcessRevenueOverExpensesAmt
Net Investment Income$15,122NetInvestmentIncomeAmt
Adjusted Net Income$15,122AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$37,046CashBOYAmt
Cash EOY$23,097CashEOYAmt
Cash EOYFMV$23,097CashEOYFMVAmt
Corporate Stock BOY$224,036CorporateStockBOYAmt
Corporate Stock EOY$262,191CorporateStockEOYAmt
Corporate Stock EOYFMV$262,191CorporateStockEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$200,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$35,177LandBldgEquipAccumDeprecAmt
Land BOY$166,043LandBOYAmt
Land EOY$164,823LandEOYAmt
Land EOYFMV$164,823LandEOYFMVAmt
Other Assets BOY$1,020,000OtherAssetsBOYAmt
Other Assets EOY$1,020,000OtherAssetsEOYAmt
Other Assets EOYFMV$1,020,000OtherAssetsEOYFMVAmt
Total Assets BOY$1,447,125TotalAssetsBOYAmt
Total Assets EOY$1,470,111TotalAssetsEOYAmt
Total Assets EOYFMV$1,470,111TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$1,447,125NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,470,111NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$1,447,125TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,470,111TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,447,125TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,470,111TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,447,125TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$18,611ExcessRevenueOverExpensesAmt
Other Increases$4,375OtherIncreasesAmt
Subtotal$1,470,111SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,470,111TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$210InvestmentIncomeExciseTaxAmt
Subtotal$210SubtotalAmt
Tax Based On Investment Income$210TaxBasedOnInvestmentIncomeAmt
Tax Due$210TaxDueAmt

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
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
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
Individual With BooksJILL WEINBERG ADAMSIndividualWithBooksNm
Phone2125958859PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line177 73RD STAddressLine1Txt
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
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 (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DONNA HARKAVY
42 WEST 83RD STNEW YORKNY10024SECRETARY/TR1.00$0$0$0
JANIS EKDAHL
107 WEST 86TH STNEW YORKNY10024PRESIDENT1.00$0$0$0
HOLLY HUGHES
4 RIVINGTON STREETNEW YORKNY10012DIRECTOR1.00$0$0$0
DONNA HARKAVY
42 WEST 83RD STNEW YORKNY10024SECRETARY/TR1.00$0$0$0
AMY WOLF
47 VESTRY STNEW YORKNY10013DIRECTOR1.00$0$0$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)
Description1THE FOUNDATION UNDERTOOK SIGNIFICANT ACTIVITIES TO EXPAND AWARENESS AND PARTICIPATION IN ITS PROGRAM. THE WAS A GROUP VISIT AND OUTREACH TO THE LOCAL ARTS COMMUNITY IN ORDER TO FORGE NEW CONNECTIONS FOR THE FOUNDATION. THE FOUNDATION ALSO HELD AN OPEN HOUSE EVENT INTENDED TO INCREASE ENTHUSIASM FOR THE FOUNDATION'S MISSION OF PRESERVING THE LEGACY OF AND ENHACING APPRECIATION OF THE SCULTOR RAOUL HAGUE AND HIS UNIQUE LIVING AND WORKING ENVIRONMENT. THESE EVENTS AND OTHER ACTIVITIES HAVE GENERATED NEW PROSPECTS TO RECEIVE SCULTURE DONATIONS. THE FOUNDATION CONTINUES TO PROVIDE PRESERVATION AND MAINTENANCE WORK TO THE PROPERTY AND SCULTURES.Description1Txt
Expenses1$16,511Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$243,114AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,072AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$273,186TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$273,186AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$4,098CashDeemedCharitableAmt
Net Vl Noncharitable Assets$269,088NetVlNoncharitableAssetsAmt
Minimum Investment Return$13,454MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

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

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$15,291ExpensesAndContributionsAmt
Qualifying Distributions$15,291QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$15,291QualifyingDistributionsAmt
Remaining Distri From Corpus$15,291RemainingDistriFromCorpusAmt
Total Corpus$15,291TotalCorpusAmt

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$13,454CurrentYearAmt
Year1$11,112Year1Amt
Year2$9,741Year2Amt
Year3$9,001Year3Amt
Total$43,308TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$11,436CurrentYearAmt
Year1$9,445Year1Amt
Year2$8,280Year2Amt
Year3$7,651Year3Amt
Total$36,812TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$15,291CurrentYearAmt
Year1$17,103Year1Amt
Year2$33,406Year2Amt
Year3$9,474Year3Amt
Total$75,274TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$15,291CurrentYearAmt
Year1$17,103Year1Amt
Year2$33,406Year2Amt
Year3$9,474Year3Amt
Total$75,274TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$8,969CurrentYearAmt
Year1$7,408Year1Amt
Year2$6,494Year2Amt
Year3$6,001Year3Amt
Total$28,872TotalAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonHOLLY HUGHESRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 20394AddressLine1Txt
Address Line2LONDON TERRACE STATIONAddressLine2Txt
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

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,122RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$15,122RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$15,122TotalIncomeProducingActyAmt

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 PersonTHOMAS MUSA MAYERContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1C/O RAOUL HAGUE FDTNAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
Total Contributions$20,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$1,200Amt
Disbursements Charitable Prps$1,200DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
LAND1974-10-08$100,000
BUILDING1994-10-08$100,000$33,957200DB45.0000$1,220

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockJP MORGAN SECURITIESStockNm
EOY Book Value$262,191EOYBookValueAmt
EOYFMV$262,191EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Cost Or Other Basis$100,000CostOrOtherBasisAmt
Accumulated Depreciation$35,177AccumulatedDepreciationAmt
Book Value$64,823BookValueAmt
EOYFMV$164,823EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescSCULTURESDesc
BOY Book Value$1,020,000BOYBookValueAmt
EOY Book Value$1,020,000EOYBookValueAmt
EOYFMV$1,020,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK FEES$50$50
POSTAGE/PO BOX$202$202
INSURANCE$1,542$1,542
EXTERMINATOR$942$942
PROPERTY MAINTENCE$1,510$1,510
SECURITY$594$594
SNOW REMOVAL$60$60
FINE ART INSURANCE$1,849$1,849
WEB SITE & TECHNOLOGY$3,709$3,709
SUPPLIES$365$365
ADMINISTRATIVE EXP$134$134
UTILITIES$840$840

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN ON INVESTMENTDesc
Amt$4,375Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAX$150$150
NYS FILIING FEES$250$250

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