Irving And Esther Raab Famillyfoundation Inc
- Assets
- $936.5k
- Revenue
- $333.5k
- Investments
- $885.0k
- Employees
- 0
- Location
- Cherry Hill, NJ
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 20-3965703
Organization Overview
Irving And Esther Raab Famillyfoundation Inc is located in Cherry Hill, NJ. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Irving And Esther Raab Famillyfoundation Inc 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, Irving And Esther Raab Famillyfoundation Inc generated $333.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $74.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Irving And Esther Raab Famillyfoundation Inc has awarded 35 individual grants totaling $234,683. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abe Raab Trustee | 5 | $0 | |
Marvin Raab Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $293,000 |
| Interest on Savings | $2,826 |
| Dividends & Interest | $24,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,655 |
| Capital Gain Net Income | $13,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $333,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $215 |
| Contributions, gifts, grants paid | $74,618 |
| Total expenses and disbursements | $74,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,457 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $936,479 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Irving And Esther Raab Famillyfoundation Inc has awarded $74,618 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BNAI ABRAHAM PURPOSE: GENERAL | $4,000 |
CHABAD OF LEXINGTON MASS PURPOSE: GENERAL | $1,000 |
CHABAD OF TCNJ PURPOSE: GENERAL | $800 |
CONGREGATIN RODEF SHALOM PURPOSE: GENERAL | $5,000 |
CONGREGATION SHIVTEI PURPOSE: GENERAL | $100 |
CONGREGATION YALDEI KODESH PURPOSE: GENERAL | $5,000 |