RAAB FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2015-10-01 to 2016-09-30
Filed
2017-02-22
IRS object ID
201740539349100109
Schema version
2015v3.0
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)
Return2017-02-22T10:09:24-08:00ReturnTs
Tax Period End2016-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2015-10-01TaxPeriodBeginDt

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
Signature2017-02-22SignatureDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$956,980FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$70,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$209InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$209InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$209InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,487DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,487DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,487DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$530NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$3,575GrossSalesPriceAmt
Total Rev And Expnss$71,166TotalRevAndExpnssAmt
Total Net Invst Incm$1,696TotalNetInvstIncmAmt
Total Adj Net Incm$1,696TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss-$12OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm-$12OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl-$12OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$222TaxesRevAndExpnssAmt
Taxes Net Invst Incm$222TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$222TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$210TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$210TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$210TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$54,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$54,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$54,710TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$210TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$54,710TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$16,456ExcessRevenueOverExpensesAmt
Net Investment Income$1,486NetInvestmentIncomeAmt
Adjusted Net Income$1,696AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$22,535SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$21,476SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$21,476SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$163,975CorporateStockBOYAmt
Corporate Stock EOY$178,095CorporateStockEOYAmt
Corporate Stock EOYFMV$257,156CorporateStockEOYFMVAmt
Other Investments BOY$674,953OtherInvestmentsBOYAmt
Other Investments EOY$678,348OtherInvestmentsEOYAmt
Other Investments EOYFMV$678,348OtherInvestmentsEOYFMVAmt
Total Assets BOY$861,463TotalAssetsBOYAmt
Total Assets EOY$877,919TotalAssetsEOYAmt
Total Assets EOYFMV$956,980TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$861,463UnrestrictedBOYAmt
Unrestricted EOY$877,919UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$861,463TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$877,919TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$861,463TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$877,919TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$861,463TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$16,456ExcessRevenueOverExpensesAmt
Subtotal$877,919SubtotalAmt
Tot Net Ast Or Fund Balances EOY$877,919TotNetAstOrFundBalancesEOYAmt

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/lossP2007-01-012016-09-30$4,105-$4,105-$4,105
Fidelity invest Capital gainsP2000-01-012016-09-30$3,575$3,575$3,575
FieldValueIRS element (for citing)
Capital Gain Net Income-$530CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$77,649AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$949,562NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.08177DistributionYr1Rt
Adjusted Qlfy Distri Yr2$38,661AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$889,554NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.04346DistributionYr2Rt
Adjusted Qlfy Distri Yr3$56,764AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$821,912NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.06906DistributionYr3Rt
Adjusted Qlfy Distri Yr4$26,646AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$697,366NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.03821DistributionYr4Rt
Adjusted Qlfy Distri Yr5$75,955AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$743,341NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.10218DistributionYr5Rt
Total Distribution0.334687TotalDistributionRt
Average Distribution0.066937AverageDistributionRt
Net Vl Noncharitable Assets$952,647NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$63,767AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$15NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$63,782AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$54,710QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$30InvestmentIncomeExciseTaxAmt
Subtotal$30SubtotalAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$30EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$30TotalPaymentsAndCreditsAmt

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$268,635AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$21,869AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$676,650FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$967,154TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$967,154AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,507CashDeemedCharitableAmt
Net Vl Noncharitable Assets$952,647NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,632MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,632MinimumInvestmentReturnAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Total Tax$30TotalTaxAmt
Distributable Before Adj$47,602DistributableBeforeAdjAmt
Distributable Before Ded$47,602DistributableBeforeDedAmt
Distributable As Adjusted$47,602DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$54,710ExpensesAndContributionsAmt
Qualifying Distributions$54,710QualifyingDistributionsAmt
Adjusted Qualifying Distri$54,710AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,602DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$38,932ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr3$15,778ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$30,415ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$85,125TotalExcessDistributionCyovAmt
Qualifying Distributions$54,710QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$47,602AppliedToCurrentYearAmt
Remaining Distri From Corpus$7,108RemainingDistriFromCorpusAmt
Total Corpus$92,233TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$38,932ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$53,301ExcessDistriCyovToNextYrAmt
Excess From Year3$15,778ExcessFromYear3Amt
Excess From Year1$30,415ExcessFromYear1Amt
Excess From Current Year$7,108ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 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$27,000
CONG ADAS YEREIM
27 LEE AVEBROOKLYNNY11211501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$15,500
SHAAREI ZION
5121 - 17th AveBROOKLYNNY11204501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$10,000
CONG GMACH ZICHRON SHLOMO
5014 - 16th AveBrooklynNY11204501(c) 3FURTHER EDUCATIOANL & RELIGIOUS PURSUITS$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$54,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$209RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,487RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$530RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,166RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,166TotalIncomeProducingActyAmt

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$70,000TotalContributionsAmt
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$607-$607$0-$607
PORTFOLIO STRATEGIES$595$595$0$595

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$122$122$122
NYS DEPT. OF LAW$100$100$100

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