RAAB FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- RAAB FOUNDATION (EIN 11-3185633)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-02-11
- IRS object ID
- 201320429349100602
- Schema version
- 2011v1.5
- 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
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-11T10:28:37-08:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113185633 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAAB FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RAAB | NameControl |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1812 - 55th ST | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11204 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SAMUEL RAAB | Name |
| Title | President | Title |
| Date Signed | 2013-02-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 831786 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 75000 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 2 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 2 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 2 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 2566 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 2566 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 2566 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -3630 | NetGainSaleAssetsRevAndExpnss |
| Total Revenue And Expenses | 73938 | TotalRevenueAndExpenses |
| Total Net Investment Income | 2568 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 2568 | TotalAdjustedNetIncome |
| Other Prof Fees Rev And Expnss | 274 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 274 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 274 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 172 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 172 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 172 | TaxesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 446 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 446 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 446 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 26200 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 26200 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 26646 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 446 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 26646 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 47292 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2122 | NetInvestmentIncome |
| Adjusted Net Income | 2568 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 6559 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 6116 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 6116 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 10660 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 10963 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 9281 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 718098 | InvestmentsOtherBOY |
| Investments Other EOY | 765530 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 816389 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 735317 | TotalAssetsBOY |
| Total Assets EOY | 782609 | TotalAssetsEOY |
| Total Assets EOYFMV | 831786 | TotalAssetsEOYFMV |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 735317 | UnrestrictedBOY |
| Unrestricted EOY | 782609 | UnrestrictedEOY |
| Total Net Assets BOY | 735317 | TotalNetAssetsBOY |
| Total Net Assets EOY | 782609 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 735317 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 782609 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 735317 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 47292 | ExcessOfRevenueOverExpenses |
| Subtotal | 782609 | Subtotal |
| Total Net Assets Fund Balances EOY | 782609 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | Partnership K-1 Net Rental Ret Income/Loss | DescriptionOfAsset |
| How Acquired | P | HowAcquired |
| Date Acquired | 2007-01-01 | DateAcquired |
| Date Sold | 2012-09-30 | DateSold |
| Cost Or Other Basis | 3630 | CostOrOtherBasis |
| Gain Or Loss | -3630 | GainOrLoss |
| Gains Minus Excess Or Losses | -3630 | GainsMinusExcessOrLosses |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -3630 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 75955 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 743341 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.10218 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 64664 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 749593 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.08627 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 49785 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 722916 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.06887 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 36208 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 811164 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.04464 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 31324 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 731929 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.04280 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.34475 | TotalDistributionRatio |
| Average Distribution Ratio | 0.06895 | AverageDistributionRatio |
| Net Noncharitable Assets | 697366 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 48083 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 21 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 48104 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 26646 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 42 | InvestmentIncomeExciseTax |
| Subtotal | 42 | Subtotal |
| Tax Based On Investment Income | 42 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 42 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 42 | TotalCreditsAndPayments |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | false | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | false | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAMUEL RAAB | BusinessNameLine1 |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 NOSTRAND AVE | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|---|---|---|---|
| SOLOMON RAAB | ||||||
| 1864 55th STR | BROOKLYN | NY | 11204 | Director | 0.00 | 0 |
| JUDITH RAAB | ||||||
| 1812 55th STR | BROOKLYN | NY | 11204 | Secretary | 0.00 | 0 |
| SAMUEL RAAB | ||||||
| 1812 55TH STR | BROOKLYN | NY | 11204 | President | 0.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 203623 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 6368 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 497995 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 707986 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 707986 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 10620 | CashDeemedCharitable |
| Net Noncharitable Assets | 697366 | NetNoncharitableAssets |
| Minimum Investment Return | 34868 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 34868 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 42 | TaxBasedOnInvestmentIncome |
| Total Tax | 42 | TotalTax |
| Distributable Amount Before Adj | 34826 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 34826 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 34826 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 26646 | ExpensesAndContributions |
| Qualifying Distributions | 26646 | QualifyingDistributions |
| Adj Qualifying Distributions | 26646 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 34826 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year3 | 13770 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 27434 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 38932 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 80136 | TotalExcessDistriCarryover |
| Qualifying Distributions | 26646 | QualifyingDistributions |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 26646 | AppliedToCurrentYear |
| Excess Distri Cyov App CY Corpus | 8180 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 8180 | ExcessDistriCyovAppliedCY |
| Total Corpus | 71956 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 71956 | ExcessDistriCyovToNextYear |
| Excess From Year3 | 5590 | ExcessFromYear3 |
| Excess From Year2 | 27434 | ExcessFromYear2 |
| Excess From Year1 | 38932 | ExcessFromYear1 |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | SAMUEL RAAB | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person Name | AMERICAN F OF MERKAZ CHASIDEI VIZNI | RecipientPersonName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 285 LEE AVE | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11206 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | 501(c)(3) | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | FURTHER EDUCATIONAL& RELIGIOUS PURSUITS | PurposeOfGrantOrContribution |
| Amount | $26,200 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 26200 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 2 | RelatedOrExemptFunctionIncome |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 2566 | RelatedOrExemptFunctionIncome |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -3630 | RelatedOrExemptFunctionIncome |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | -1062 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | -1062 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | 1 | ContributorNumber |
| Contributor Name Individual | SAMUEL RAAB | ContributorNameIndividual |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1812 55th STR | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | 75000 | AggregateContributions |
| Person Contribution Type | X | PersonContributionType |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PORTFOLIO STRATEGIES | Category |
| Amount | $274 | Amount |
| Net Investment Income | 274 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 274 | DisbursementsCharitablePrps |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | SAMUEL RAAB | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1812 55TH STR | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11204 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| NYS DEPT. OF LAW | $100 | 100 | 100 |
| I.R.S. | $72 | 72 | 72 |
Comments