David Rachamin Foundation
David Rachamin Foundation is a private foundation, based in Surfside, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $152K in total assets. In 2024, it awarded 1 grant totaling $2K. Net investment income was $15.
Key facts about David Rachamin Foundation
In short: David Rachamin Foundation gave $2K across 1 grant in 2024 (avg $2K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- EIN
- 46-4261212
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,930
- Grants made (2024)
- 1
- Average grant
- $1,930
- Median grant
- $1,930
- Total assets
- $152,104
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$152K
-2.8% YoY
Annual Giving
$2K
-3.5% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$2K
+93.0% YoY
Under IRS private-foundation payout rules, David Rachamin Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
How David Rachamin Foundation gives
- Giving fell 93% from 2021 to 2024. Method
- In 2024 it paid out 25% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2K (2024) to $73K (2020). In 2024 it made 1 grant totaling $2K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Miscellaneous Charity Less Than 1500 Surfside, FL | General Support | $1,930 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $152,104 | $156,419 | $158,403 |
| Revenue | $15 | $16 | $16 |
| Expenses | $4,330 | $2,000 | $29,660 |
| Qualifying Distributions | $1,930 | $2,000 | $29,660 |
| Net Investment Income | $15 | $16 | $16 |
| Distributable Amount | $7,597 | $7,753 | $8,531 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
David Rachamin Foundation is led by Yoram Jacky Teshuba, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Yoram Jacky Teshuba
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about David Rachamin Foundation
How much does David Rachamin Foundation give each year?
David Rachamin Foundation gave $2K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2K across 2 grants.
How large is David Rachamin Foundation?
David Rachamin Foundation reported $152K in total assets on its 2024 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does David Rachamin Foundation operate?
David Rachamin Foundation has awarded grants in California, Florida, New York.
What is David Rachamin Foundation's EIN?
David Rachamin Foundation's EIN (Employer Identification Number) is 46-4261212. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching David Rachamin Foundation by hand.
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