THE RAPHAEL FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE RAPHAEL FAMILY FOUNDATION (EIN 88-3843563)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-07
- IRS object ID
- 202543119349100909
- 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
- Form 990-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Notes Loans Rcvbl Long Sch
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-07T07:45:10-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 883843563 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Raphael Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | RAPH | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 382 NE 191ST ST PMB 966158 | AddressLine1Txt |
| City | MIAMI | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 331793899 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Asher Raphael | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $25,520,571 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $12,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $375,095 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $375,095 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $211,106 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $211,106 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $30,591 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $526,788 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,591 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $12,616,792 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $616,792 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $7,225 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,225 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $21,539 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $21,539 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,840 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $40 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $3,826 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,826 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $100,851 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,907 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $60,944 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $140,281 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $61,486 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $71,995 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $854,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $854,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $994,281 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $61,486 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $925,995 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $11,622,511 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $555,306 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,872,148 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,281,800 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,281,800 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $5,225 | AcctRcvblAmt |
| Acct Rcvbl EOY | $5,225 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,225 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $1,685,000 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $1,685,000 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $1,685,000 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $1,685,000 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations EOY | $1,424,393 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,426,435 | USGovtObligationsEOYFMVAmt |
| Corporate Stock EOY | $5,921,953 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,960,009 | CorporateStockEOYFMVAmt |
| Corporate Bonds EOY | $2,717,437 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,724,341 | CorporateBondsEOYFMVAmt |
| Other Investments EOY | $2,143,851 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,437,761 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $13,557,148 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,179,659 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $25,520,571 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,557,148 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,179,659 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,557,148 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,179,659 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,557,148 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $25,179,659 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,557,148 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $11,622,511 | ExcessRevenueOverExpensesAmt |
| Subtotal | $25,179,659 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $25,179,659 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $526,788 | GrossSalesPriceAmt |
| Cost Or Other Basis | $496,197 | CostOrOtherBasisAmt |
| Gain Or Loss | $30,591 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $30,591 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,591 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,719 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,719 | SubtotalAmt |
| Tax Based On Investment Income | $7,719 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,529 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $3,900 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $9,429 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,710 | OverpaymentAmt |
| Applied To ES Tax | $1,710 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (true) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Ross Borneman | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir | 1.0 | $0 | $0 | $0 |
| Vanessa Braxton-Veloski | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir | 1.0 | $0 | $0 | $0 |
| Jonathan Diskin | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir, Treas | 1.0 | $0 | $0 | $0 |
| Kyle Mazade | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir | 1.0 | $0 | $0 | $0 |
| Cassidy Neal | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir | 1.0 | $0 | $0 | $0 |
| Asher Raphael | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir, Pres | 1.0 | $0 | $0 | $0 |
| Ilysa Raphael | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir, Sec | 1.0 | $0 | $0 | $0 |
| Nancy Rein Raphael | ||||||||
| 382 NE 191ST ST PMB 966158 | MIAMI | FL | 331793899 | Dir | 1.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,517,592 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,451,293 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,475,863 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,444,748 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,444,748 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $216,671 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,228,077 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $711,404 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $711,404 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,719 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,719 | TotalTaxAmt |
| Distributable Before Adj | $703,685 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $703,685 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $703,685 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $925,995 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $925,995 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $703,685 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $4,508 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $102,699 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $107,207 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $925,995 | QualifyingDistributionsAmt |
| Applied To Current Year | $703,685 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $222,310 | RemainingDistriFromCorpusAmt |
| Total Corpus | $329,517 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $329,517 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $4,508 | ExcessFromYear2Amt |
| Excess From Year1 | $102,699 | ExcessFromYear1Amt |
| Excess From Current Year | $222,310 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Asher Raphael | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN ASSOCIATION FOR CANCER RESEARCH | |||||||
| 615 CHESTNUT ST FL 17 | PHILADELPHIA | PA | 19106 | N/A | PC | General & Unrestricted | $16,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | |||||||
| 20 W 36TH ST SUITE 1100 | NEW YORK | NY | 10018 | N/A | PC | General & Unrestricted | $5,000 |
| AMERICAN ISRAEL EDUCATION FOUNDATION INC | |||||||
| 251 H ST NW | WASHINGTON | DC | 20001 | N/A | PC | General & Unrestricted | $2,500 |
| ARTZ PHILADELPHIA | |||||||
| 1229 CHESTNUT ST NUM 188 | PHILADELPHIA | PA | 19107 | N/A | PC | General & Unrestricted | $5,000 |
| BETHESDA PROJECT | |||||||
| 1630 S ST | PHILADELPHIA | PA | 19146 | N/A | PC | General & Unrestricted | $3,500 |
| BROWN UNIVERSITY | |||||||
| GIFT CASHIER BOX 1877 | PROVIDENCE | RI | 02912 | N/A | PC | the School of Engineering/the Futures Fund | $50,000 |
| CITYTEAM MINISTRIES | |||||||
| 1297 N 13TH ST | SAN JOSE | CA | 95112 | N/A | PC | Hope Cafe for one year | $18,000 |
| CREATIVE VISIONS FOUNDATION | |||||||
| 1047 FORD DR | NIPOMO | CA | 93444 | N/A | PC | Regenerative Media Lab | $250,000 |
| FRIENDS OF FARMWORKERS INC | |||||||
| 990 SPRING GARDEN ST STE 300 | PHILADELPHIA | PA | 19123 | N/A | PC | General & Unrestricted | $15,000 |
| HOMELESS ADVOCACY PROJECT | |||||||
| 1429 WALNUT ST 15TH FL | PHILADELPHIA | PA | 19102 | N/A | PC | General & Unrestricted | $3,000 |
| ITS BIGGER THAN US | |||||||
| 2006 W 76TH ST | LOS ANGELES | CA | 90047 | N/A | PC | General & Unrestricted | $50,000 |
| MANNA | |||||||
| 420 N 20TH ST | PHILADELPHIA | PA | 19130 | N/A | PC | General & Unrestricted | $2,500 |
| MARYS PLACE BY THE SEA INC | |||||||
| PO BOX 86 | OCEAN GROVE | NJ | 07756 | N/A | PC | General & Unrestricted | $25,000 |
| MUSIC FOR MOVEMENTS INC | |||||||
| 8605 SANTA MONICA BLVD PMB 94236 | W HOLLYWOOD | CA | 90069 | N/A | PC | General & Unrestricted | $20,000 |
| PHILADELPHIA YOUTH BASKETBALL INC | |||||||
| 4250 WISSAHICKON AVE | PHILADELPHIA | PA | 19129 | N/A | PC | General & Unrestricted | $10,000 |
| PROJECT HOME | |||||||
| 1415 FAIRMOUNT AVE 241 | PHILADELPHIA | PA | 19130 | N/A | PC | General & Unrestricted | $3,500 |
| SKILLADELPHIA BASKETBALL ACADEMY INC | |||||||
| 766 S 7TH ST | PHILADELPHIA | PA | 19147 | N/A | PC | General & Unrestricted | $5,000 |
| THE ACADEMY IN MANAYUNK INC | |||||||
| 1200 RIVER RD | CONSHOHOCKEN | PA | 19428 | N/A | PC | POWER Amphitheater | $250,000 |
| THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION | |||||||
| PO BOX 781352 | PHILADELPHIA | PA | 19178 | N/A | PC | Matthew Houder Endowed Fund for Spine Disorder Research | $15,000 |
| THE COOPER FOUNDATION INC | |||||||
| 1 FEDERAL ST NW2-400 | CAMDEN | NJ | 08103 | N/A | PC | Charitable Event | $20,000 |
| THE MIAMI FOUNDATION INC | |||||||
| 40 NW 3RD ST STE 305 | MIAMI | FL | 33128 | N/A | PC | General & Unrestricted | $10,000 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | |||||||
| STE 1400 STEINBERG HALL - DIETRICH | PHILADELPHIA | PA | 19104 | N/A | PC | Center for High Impact Philanthropy | $5,000 |
| WE GROW LA | |||||||
| 3350 WILSHIRE BLVD STE 721 | LOS ANGELES | CA | 90010 | N/A | PC | Black Santa initiative in partnership with Baron Davis | $25,000 |
| YOUTH EMPOWERMENT FOR ADVANCEMENT HANGOUT | |||||||
| 5928 LOCUST ST | PHILADELPHIA | PA | 19139 | N/A | PC | General & Unrestricted | $45,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $854,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $375,095 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $211,106 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $30,591 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $616,792 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $616,792 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Raphael Asher | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2501 Seaport Dr | AddressLine1Txt |
| City | Chester | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $12,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (45 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBVIE INC - 2.950% - 11/21/20 | $74,314 | $75,769 |
| AT&T INC - 2.750% - 06/01/2031 | $75,640 | $76,560 |
| AT&T INC - 4.350% - 03/01/2029 | $55,562 | $55,795 |
| BANK AMERICA CORP - 5.288% - 0 | $86,845 | $85,420 |
| BANK MONTREAL - 5.370% - 06/04 | $74,369 | $75,103 |
| BANK NOVA SCOTIA - 5.450% - 06 | $74,024 | $74,227 |
| BHP BILLITON FIN - 5.250% - 09 | $67,156 | $67,046 |
| BK OF AMERICA CORP MTN - 3.384 | $56,195 | $56,787 |
| BRISTOL-MYERS SQUIBB CO - 4.90 | $57,131 | $57,252 |
| CADENCE DESIGN SYSTEM INC - 4. | $4,010 | $3,953 |
| CANADIAN IMPERIAL BANK COMM TO | $74,321 | $74,587 |
| CHENIERE ENERGY PARTNERS LP SE | $74,707 | $75,875 |
| CITIGROUP - 3.700% - 01/12/202 | $55,858 | $56,428 |
| CITIGROUP INC - 3.070% - 02/24 | $73,673 | $75,002 |
| COMCAST CORP - 2.350% - 01/15/ | $15,303 | $15,294 |
| COMCAST CORP - 5.100% - 06/01/ | $74,696 | $74,786 |
| COMCAST CORP NOTE - 3.950% - 1 | $39,335 | $39,792 |
| ENBRIDGE INC MTN CDS- NOTE - 5 | $73,141 | $72,783 |
| EQUINIX INC NOTE CALL MAKE WHO | $36,154 | $36,775 |
| EVERSOURCE ENERGY - 5.950% - 0 | $87,278 | $86,075 |
| GENERAL MTRS FINL - 6.100% - 0 | $73,424 | $73,077 |
| GEORGIA POWER - 4.700% - 05/15 | $29,802 | $29,199 |
| GOLDMAN SACHS GROUP - 2.640% - | $53,531 | $54,369 |
| HOME DEPOT INC - 4.750% - 06/2 | $57,743 | $57,121 |
| JPMC - 5.580% - 04/22/2030 | $75,352 | $75,489 |
| MCKESSON CORP NOTE - 1.300% - | $74,090 | $73,925 |
| MORGAN STANLEY - 3.625% - 01/2 | $15,714 | $15,711 |
| MORGAN STANLEY - 4.000% - 07/2 | $39,390 | $39,836 |
| MORGAN STANLEY SER I - 4.210% | $73,967 | $74,900 |
| NATIONAL RURAL UTILSCOOP - 3.4 | $74,153 | $74,900 |
| PACIFIC GAS & ELECTRIC - 5.900 | $98,786 | $98,566 |
| PAYPAL HLDGS INC - 2.850% - 10 | $74,320 | $74,960 |
| PNC FINL - 5.582% - 06/12/2029 | $57,813 | $57,990 |
| ROYAL BANK OF CANADA - 4.650% | $56,542 | $56,922 |
| ROYAL BANK OF CANADA - 5.200% | $75,693 | $74,594 |
| SCHWAB CHARLES CORP NOTE CALL | $16,854 | $17,005 |
| SOUTHERN CA - 4.880% - 02/01/2 | $73,783 | $74,234 |
| SOUTHERN CALIF EDISON CO - 5.6 | $24,553 | $24,565 |
| T MOBILE USA INC - 5.750% - 01 | $72,609 | $71,790 |
| TOYOTA MOTOR CREDIT CORP - 5.2 | $74,179 | $74,656 |
| UNITEDHEALTH GROUP - 2.300% - | $16,907 | $17,016 |
| UNITEDHEALTH GROUP INC - 4.800 | $45,258 | $43,823 |
| US BANCORP - 4.653% - 02/01/20 | $56,032 | $56,437 |
| VICI PROPERTIES LP NOTE - 5.12 | $74,981 | $75,947 |
| WELLS FARGO BANK - 6.491% - 10 | $102,249 | $102,000 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (63 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 3M CO | $34,822 | $38,211 |
| ABBOTT LABS | $30,335 | $32,010 |
| ABBVIE INC | $51,405 | $52,422 |
| ACCENTURE PLC | $20,349 | $22,515 |
| ALLSTATE CORP | $30,792 | $31,425 |
| AMERICAN EXPRESS CO | $63,427 | $75,385 |
| ANALOG DEVICES INC | $27,686 | $26,133 |
| ASTRAZENECA | $34,483 | $28,436 |
| AUTOMATIC DATA PROCESSING INC | $29,101 | $32,493 |
| BANK NEW YORK MELLON CORP COM | $25,005 | $24,816 |
| BLACKROCK INC | $27,857 | $32,804 |
| BROADCOM INC | $90,325 | $129,830 |
| CHUBB LIMITED | $23,314 | $23,762 |
| CME GROUP, INC | $15,833 | $17,649 |
| CONOCOPHILLIPS | $22,785 | $20,826 |
| EATON CORP PLC | $10,291 | $9,292 |
| EMERSON ELECTRIC CO | $17,260 | $19,829 |
| EQUITY RESIDENTIAL PPTYS TR | $30,459 | $30,642 |
| EXXON MOBIL CORP | $75,575 | $72,610 |
| FEDEX CORPORATION | $6,263 | $6,189 |
| GOLDMAN SACHS GQG PARTNERS INT | $1,322,119 | $1,167,190 |
| GOLDMAN SACHS GROUP | $43,349 | $51,536 |
| GQG PARTNERS EMERGING MARKETS | $360,462 | $354,142 |
| HOME DEPOT INC | $60,724 | $67,295 |
| JANUS ENTERPRISE CL I | $549,837 | $551,879 |
| JOHN HANCOCK MULTIFACTOR MID C | $234,789 | $251,702 |
| JOHNSON & JOHNSON | $73,749 | $67,827 |
| JP MORGAN CHASE | $88,304 | $101,397 |
| JPMORGAN EQUITY PREMIUM INCO | $255,474 | $251,579 |
| KLA TENCOR CORP | $9,588 | $9,452 |
| LINDE PLC COM | $71,044 | $67,406 |
| LOCKHEED MARTIN CORP | $27,734 | $26,241 |
| MARSH AND MCLENNAN COMPANIES I | $20,215 | $19,967 |
| MCDONALD'S CORP | $50,220 | $52,180 |
| MERCK & CO INC | $32,332 | $26,561 |
| MICROSOFT CORP | $114,627 | $114,648 |
| MORGAN STANLEY | $62,302 | $76,689 |
| NEXTERA ENERGY, INC | $28,817 | $26,955 |
| NORFOLK SOUTHERN CORP | $34,239 | $34,032 |
| ORACLE CORP | $53,632 | $63,823 |
| PHILLIPS 66 | $20,722 | $18,115 |
| PROCTER GAMBLE CO | $67,395 | $67,228 |
| PROLOGIS | $52,755 | $49,151 |
| RAYTHEON TECHNOLOGIES CORP | $47,135 | $46,982 |
| REPUBLIC SVCS INC | $8,732 | $9,053 |
| SEMPRA ENERGY COM | $24,299 | $23,334 |
| STARBUCKS CORP COM | $29,120 | $28,288 |
| SYSCO CORP | $23,510 | $24,161 |
| TAIWAN SEMICONDUCTOR MFG CO LT | $42,535 | $48,583 |
| TEXAS INSTRUMENTS INC | $25,722 | $24,001 |
| THE COCA-COLA CO | $26,690 | $25,527 |
| TJX COMPANIES INC | $31,549 | $33,706 |
| TRANE TECHNOLOGIES PLC | $19,928 | $21,422 |
| TRAVELERS COMPANIES INC | $17,112 | $18,789 |
| UNION PACIFIC | $25,454 | $25,084 |
| UNITEDHEALTH GROUP INC | $85,273 | $79,420 |
| VANGUARD GROWTH ETF | $400,011 | $448,610 |
| VANGUARD SM-CAP ETF | $184,365 | $203,037 |
| VERIZON COMMUNICATIONS | $17,035 | $16,316 |
| VICTORY RS PARTNERS FUND CL Y | $499,559 | $508,330 |
| WAL-MART STORES INC | $51,268 | $63,516 |
| WELLS FARGO & CO | $38,068 | $45,305 |
| YUM BRANDS INC | $22,792 | $22,271 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,424,393 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,426,435 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ALPHAKEYS MILLENNIUM FUND II ( | $153,750 | $153,750 |
| APOLLO DEBT SOLUTIONS BDC CLAS | $500,000 | $499,179 |
| BLACKSTONE PRIVATE CREDIT FUND | $500,000 | $497,456 |
| G SQUARED OPPORTUNITIES FUND V | $990,101 | $1,287,376 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Foundation Formation/1023 Prep | $611 | $611 |
| General Consultations | $6,614 | $6,614 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $40,500 | $40,500 | |
| Bank Charges | $30,008 | $30,008 | |
| Foundation Dues & Memberships | $5,830 | $5,830 | |
| K-1 Exp G SQUARED OPPORTUNITIE | $9,899 | $9,899 | |
| Postage/Delivery Service | $89 | $89 | |
| State or Local Filing Fees | $25 | $25 | |
| Training & Professional Develo | $14,500 | $14,500 |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp
Borrower Name BorrowerNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAUNT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $1,685,000 | LoanOriginalAmt |
| Balance Due | $1,685,000 | BalanceDueAmt |
| Note | 2023-07 | NoteDt |
| Loan Maturity | 2025-12 | LoanMaturityDt |
| Repayment Terms | PRINCIPAL AND INT AT MATURITY | RepaymentTermsTxt |
| Interest | 6. | InterestRt |
| Security Provided Borrower | NONE | SecurityProvidedBorrowerTxt |
| Loan Purpose | INVESTMENT | LoanPurposeTxt |
| Lender Consideration | CASH 0 | LenderConsiderationDesc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $21,539 | Amt |
| Net Investment Income | $21,539 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2024 | $5,500 | |
| 990-PF Extension for 2023 | $1,300 | |
| Foreign Tax Paid | $40 | $40 |
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