Stewart J Rahr Foundation
- Assets
- $96.6m
- Revenue
- $2.4m
- Investments
- $95.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 27-4275648
Organization Overview
Stewart J Rahr Foundation is located in New York, NY. The organization was established in 2011. 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. Stewart J Rahr 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, Stewart J Rahr Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stewart J Rahr Foundation has awarded 130 individual grants totaling $25,407,655. 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stewart J Rahr President | 3 | $0 | |
Steven Burns Vice President, Treasurer | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co Llc | 12/30/23 | $192,685 |
Blackhill Capital Inc | 12/30/23 | $173,226 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,597 |
| Dividends & Interest | $2,393,318 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$448,238 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $404,486 |
| Total Revenue | $2,387,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,374 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $350 |
| Total operating and administrative expenses | $431,884 |
| Contributions, gifts, grants paid | $5,418,589 |
| Total expenses and disbursements | $5,850,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,305,837 |
| 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 | $76,514,930 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $96,626,321 |
| 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 | $1,052,123 |
| Total liabilities | $1,052,123 |
Grants Awarded
Over the last fiscal year, Stewart J Rahr Foundation has awarded $5,418,589 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF TORAH AND TEFILAH RAMAT ESHKOL PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $75,000 |
COLUMBIA UNIVERSITY PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $400,000 |
CURETIVITY PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $100,000 |
DANIEL'S MUSIC FOUNDATION PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $25,000 |
DAVID FOSTER FOUNDATION PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $100,000 |
FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $1,000,000 |