RAAB FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
RAAB FOUNDATION (EIN 11-3185633)
Tax period
2014-10-01 to 2015-09-30
Filed
2016-01-27
IRS object ID
201610279349100101
Schema version
2014v6.0
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)
Return2016-01-27T08:12:09-08:00ReturnTs
Tax Period End2015-09-30TaxPeriodEndDt
Return Type990PFReturnTypeCd
Tax Period Begin2014-10-01TaxPeriodBeginDt

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
Signature2016-01-27SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$934,053FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$90,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$14InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$14InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,152DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,152DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,152DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$12,188NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$13,936GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$12,188CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$103,354TotalRevAndExpnssAmt
Total Net Invst Incm$13,354TotalNetInvstIncmAmt
Total Adj Net Incm$1,166TotalAdjNetIncmAmt
Other Prof Fees Rev And Expnss$832OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$832OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$832OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$339TaxesRevAndExpnssAmt
Taxes Net Invst Incm$339TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$339TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,171TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,171TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,171TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$76,600ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$76,600ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$77,771TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,171TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$77,771TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$25,583ExcessRevenueOverExpensesAmt
Net Investment Income$12,183NetInvestmentIncomeAmt
Adjusted Net Income$1,166AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$23,219SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$22,535SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$22,535SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$135,960CorporateStockBOYAmt
Corporate Stock EOY$163,975CorporateStockEOYAmt
Corporate Stock EOYFMV$236,565CorporateStockEOYFMVAmt
Other Investments BOY$676,701OtherInvestmentsBOYAmt
Other Investments EOY$674,953OtherInvestmentsEOYAmt
Other Investments EOYFMV$674,953OtherInvestmentsEOYFMVAmt
Total Assets BOY$835,880TotalAssetsBOYAmt
Total Assets EOY$861,463TotalAssetsEOYAmt
Total Assets EOYFMV$934,053TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$835,880UnrestrictedBOYAmt
Unrestricted EOY$861,463UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$835,880TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$861,463TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$835,880TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$861,463TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$835,880TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$25,583ExcessRevenueOverExpensesAmt
Subtotal$861,463SubtotalAmt
Tot Net Ast Or Fund Balances EOY$861,463TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPartnership k-1 Net rental ret income/lossPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2007-01-01AcquiredDt
Sold2015-09-30SoldDt
Cost Or Other Basis$1,748CostOrOtherBasisAmt
Gain Or Loss-$1,748GainOrLossAmt
Gains Minus Excess Or Losses-$1,748GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$12,188CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$38,661AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$889,554NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.04346DistributionYr1Rt
Adjusted Qlfy Distri Yr2$56,764AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$821,912NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.06906DistributionYr2Rt
Adjusted Qlfy Distri Yr3$26,646AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$697,366NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.03821DistributionYr3Rt
Adjusted Qlfy Distri Yr4$75,955AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$743,341NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.10218DistributionYr4Rt
Adjusted Qlfy Distri Yr5$64,664AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$749,593NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.08627DistributionYr5Rt
Total Distribution0.33918TotalDistributionRt
Average Distribution0.06784AverageDistributionRt
Net Vl Noncharitable Assets$949,562NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$64,414AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$122NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$64,536AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$77,771QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$122InvestmentIncomeExciseTaxAmt
Subtotal$122SubtotalAmt
Tax Based On Investment Income$122TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$122EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$122TotalPaymentsAndCreditsAmt

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

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$265,374AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$22,821AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$675,827FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$964,022TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$964,022AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,460CashDeemedCharitableAmt
Net Vl Noncharitable Assets$949,562NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,478MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,478MinimumInvestmentReturnAmt
Tax Based On Investment Income$122TaxBasedOnInvestmentIncomeAmt
Total Tax$122TotalTaxAmt
Distributable Before Adj$47,356DistributableBeforeAdjAmt
Distributable Before Ded$47,356DistributableBeforeDedAmt
Distributable As Adjusted$47,356DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$77,771ExpensesAndContributionsAmt
Qualifying Distributions$77,771QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$122PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$77,649AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,356DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$27,434ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$38,932ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr2$15,778ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$82,144TotalExcessDistributionCyovAmt
Qualifying Distributions$77,771QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$47,356AppliedToCurrentYearAmt
Remaining Distri From Corpus$30,415RemainingDistriFromCorpusAmt
Total Corpus$112,559TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$27,434ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$85,125ExcessDistriCyovToNextYrAmt
Excess From Year4$38,932ExcessFromYear4Amt
Excess From Year2$15,778ExcessFromYear2Amt
Excess From Current Year$30,415ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
AMERICAN F OF MERKAZ CHASIDEI VIZNI
285 LEE AVEBROOKLYNNY11206NONE501(c)(3)FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$34,600
CONG ADAS YEREIM
27 LEE AVEBROOKLYNNY11211NONE501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$17,000
SHAAREI ZION
1621 - 56TH STRBROOKLYNNY11204NONE501(c) (3FURTHER EDUCATIONAL& RELIGIOUS PURSUITS$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$76,600TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$14RelatedOrExemptFunctionIncmAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,152RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$12,188RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,354RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,354TotalIncomeProducingActyAmt

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$90,000TotalContributionsAmt
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$474$474$0$474
PORTFOLIO STRATEGIES$358$358$0$358

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
I.R.S$239$239$239
NYS DEPT. OF LAW$100$100$100

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