Rappaport Family Foundation is located in San Francisco, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rappaport Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rappaport Family Foundation generated $656.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $397.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rappaport Family Foundation has awarded 46 individual grants totaling $5,265,637. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deborah Rappaport President | 3 | $0 | |
Andrew Rappaport Secretary/treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $73,936 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $631,104 |
Capital Gain Net Income | $631,105 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$48,135 |
Total Revenue | $656,905 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $23,034 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,983 |
Total operating and administrative expenses | $62,183 |
Contributions, gifts, grants paid | $335,000 |
Total expenses and disbursements | $397,183 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $580 |
Savings and temporary cash investments | $98,058 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $2,985,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $2,145,389 |
Net Land, buildings, and equipment | $0 |
Other assets | $21,070 |
Total assets | $6,907,834 |
Accounts payable and accrued expenses | $24,693 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $24,693 |
Over the last fiscal year, Rappaport Family Foundation has awarded $335,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
INSTITUTE OF CONTEMPORARY ART SAN FRANCISCO PURPOSE: PROJECT RELATED SUPPORT FOR ORGANIZATIONAL ACTIVITIES. | $300,000 |
MINNESOTA STREET PROJECT FOUNDATION PURPOSE: PROJECT RELATED SUPPORT FOR ORGANIZATIONAL ACTIVITIES | $15,000 |
FRIENDS OF MVYRADIO PURPOSE: PROJECT RELATED SUPPORT FOR ORGANIZATIONAL ACTIVITIES. | $20,000 |