The Rabinowitz Charitable Foundation is located in Miami, FL. The organization was established in 2003. 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. Rabinowitz Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Rabinowitz Charitable Foundation has awarded 197 individual grants totaling $2,349,161. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Rabinowitz Chairman | 0 | $0 | |
Stacey Rabinowitz President | 0 | $0 | |
Mary Rabinowitz Administrative | 30 | $78,000 | |
Michelle-Lee Rabinowitz Administrative | 30 | $78,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $90,610 |
| Dividends & Interest | $65,833 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$411,431 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,051,051 |
| Total Revenue | -$306,039 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $156,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,968 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,646 |
| Total operating and administrative expenses | $225,205 |
| Contributions, gifts, grants paid | $337,732 |
| Total expenses and disbursements | $562,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,288 |
| Savings and temporary cash investments | $351,391 |
| Net Accounts receivable | $2,209,754 |
| 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 | $2,093,741 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,544,086 |
| 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 |
Over the last fiscal year, The Rabinowitz Charitable Foundation has awarded $337,732 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
4 PAWS FOR ABILITY PURPOSE: FINANCIAL | $8,750 |
AL'S ANGELS PURPOSE: UNRESTRICTED | $2,500 |
ALZHEIMER'S FOUNDATION OF AMERICA PURPOSE: UNRESTRICTED | $150,000 |
AMERICAN CHARITY SUPPORT FOUNDATION PURPOSE: UNRESTRICTED | $10,000 |
ANGELA JONES-BURTON PURPOSE: FINANCIAL ASSISTANCE TO IMPOVERISHED INDIVIDUALS WITH DESPERATE FINANCIAL AND/OR MEDICAL NEEDS | $1,000 |
CHILDREN'S BEREAVEMENT CENTER PURPOSE: UNRESTRICTED | $1,000 |