﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.5" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-02-11T10:28:37-08:00</Timestamp>
    <TaxPeriodEndDate>2012-09-30</TaxPeriodEndDate>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-10-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>113185633</EIN>
      <Name>
        <BusinessNameLine1>THE RAAB FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>RAAB</NameControl>
      <USAddress>
        <AddressLine1>1812 - 55th ST</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>11204</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SAMUEL RAAB</Name>
      <Title>President</Title>
      <DateSigned>2013-02-11</DateSigned>
    </Officer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="11000144" softwareVersion="2011v1.5">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>831786</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>75000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>2</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>2</InterestOnSavingsNetInvstIncm>
        <InterestOnSavingsAdjNetIncm>2</InterestOnSavingsAdjNetIncm>
        <DividendsRevAndExpnss>2566</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>2566</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>2566</DividendsAdjNetIncm>
        <NetGainSaleAssetsRevAndExpnss>-3630</NetGainSaleAssetsRevAndExpnss>
        <TotalRevenueAndExpenses>73938</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>2568</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>2568</TotalAdjustedNetIncome>
        <OtherProfFeesRevAndExpnss referenceDocumentId="OtherProfessionalFeesSchedule">274</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>274</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>274</OtherProfFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">172</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>172</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>172</TaxesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>446</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>446</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>446</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>26200</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>26200</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>26646</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>446</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>26646</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>47292</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>2122</NetInvestmentIncome>
        <AdjustedNetIncome>2568</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>6559</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>6116</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>6116</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>10660</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY>10963</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>9281</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>718098</InvestmentsOtherBOY>
        <InvestmentsOtherEOY>765530</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>816389</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>735317</TotalAssetsBOY>
        <TotalAssetsEOY>782609</TotalAssetsEOY>
        <TotalAssetsEOYFMV>831786</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>735317</UnrestrictedBOY>
        <UnrestrictedEOY>782609</UnrestrictedEOY>
        <TotalNetAssetsBOY>735317</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>782609</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>735317</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>782609</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>735317</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>47292</ExcessOfRevenueOverExpenses>
        <Subtotal>782609</Subtotal>
        <TotalNetAssetsFundBalancesEOY>782609</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Partnership K-1 Net Rental Ret Income/Loss</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-01-01</DateAcquired>
          <DateSold>2012-09-30</DateSold>
          <CostOrOtherBasis>3630</CostOrOtherBasis>
          <GainOrLoss>-3630</GainOrLoss>
          <GainsMinusExcessOrLosses>-3630</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-3630</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>75955</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>743341</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.10218</DistributionRatioYear1>
        <QualifyingDistributionsYear2>64664</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>749593</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.08627</DistributionRatioYear2>
        <QualifyingDistributionsYear3>49785</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>722916</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.06887</DistributionRatioYear3>
        <QualifyingDistributionsYear4>36208</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>811164</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.04464</DistributionRatioYear4>
        <QualifyingDistributionsYear5>31324</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>731929</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.04280</DistributionRatioYear5>
        <TotalDistributionRatio>0.34475</TotalDistributionRatio>
        <AverageDistributionRatio>0.06895</AverageDistributionRatio>
        <NetNoncharitableAssets>697366</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>48083</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>21</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>48104</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>26646</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>42</InvestmentIncomeExciseTax>
        <Subtotal>42</Subtotal>
        <TaxBasedOnInvestmentIncome>42</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>42</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>42</TotalCreditsAndPayments>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <Form990TFiled>false</Form990TFiled>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>false</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="SubstantialContributorsSchedul">true</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>SAMUEL RAAB</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfUSAddress>
          <AddressLine1>2600 NOSTRAND AVE</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11210</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility>false</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SOLOMON RAAB</PersonName>
          <USAddress>
            <AddressLine1>1864 55th STR</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11204</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JUDITH RAAB</PersonName>
          <USAddress>
            <AddressLine1>1812 55th STR</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11204</ZIPCode>
          </USAddress>
          <Title>Secretary</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SAMUEL RAAB</PersonName>
          <USAddress>
            <AddressLine1>1812 55TH STR</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11204</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>203623</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>6368</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>497995</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>707986</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>707986</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>10620</CashDeemedCharitable>
        <NetNoncharitableAssets>697366</NetNoncharitableAssets>
        <MinimumInvestmentReturn>34868</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>34868</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>42</TaxBasedOnInvestmentIncome>
        <TotalTax>42</TotalTax>
        <DistributableAmountBeforeAdj>34826</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>34826</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>34826</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>26646</ExpensesAndContributions>
        <QualifyingDistributions>26646</QualifyingDistributions>
        <AdjQualifyingDistributions>26646</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>34826</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear3>13770</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>27434</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>38932</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>80136</TotalExcessDistriCarryover>
        <QualifyingDistributions>26646</QualifyingDistributions>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>26646</AppliedToCurrentYear>
        <ExcessDistriCyovAppCYCorpus>8180</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>8180</ExcessDistriCyovAppliedCY>
        <TotalCorpus>71956</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>71956</ExcessDistriCyovToNextYear>
        <ExcessFromYear3>5590</ExcessFromYear3>
        <ExcessFromYear2>27434</ExcessFromYear2>
        <ExcessFromYear1>38932</ExcessFromYear1>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>SAMUEL RAAB</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMERICAN F OF MERKAZ CHASIDEI VIZNI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>285 LEE AVE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11206</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FURTHER EDUCATIONAL&amp; RELIGIOUS PURSUITS</PurposeOfGrantOrContribution>
          <Amount>26200</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>26200</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <RelatedOrExemptFunctionIncome>2</RelatedOrExemptFunctionIncome>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>2566</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>-3630</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <RelatedOrExemptFunctionIncome>-1062</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>-1062</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="11000144" softwareVersion="2011v1.5">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>SAMUEL RAAB</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1812 55th STR</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11204</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>75000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="11000144" softwareVersion="2011v1.5">
      <OtherProfessionalFees>
        <Category>PORTFOLIO STRATEGIES</Category>
        <Amount>274</Amount>
        <NetInvestmentIncome>274</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>274</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="SubstantialContributorsSchedul" softwareId="11000144" softwareVersion="2011v1.5">
      <SubstantialContributor>
        <PersonName>SAMUEL RAAB</PersonName>
        <USAddress>
          <AddressLine1>1812 55TH STR</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11204</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="11000144" softwareVersion="2011v1.5">
      <Taxes>
        <Category>NYS DEPT. OF LAW</Category>
        <Amount>100</Amount>
        <NetInvestmentIncome>100</NetInvestmentIncome>
        <DisbursementsCharitablePrps>100</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>I.R.S.</Category>
        <Amount>72</Amount>
        <NetInvestmentIncome>72</NetInvestmentIncome>
        <DisbursementsCharitablePrps>72</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>