David Rachamin Foundation

Private foundation · Grantmaker Surfside, FL EIN: 46-4261212

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

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

BrooklynSurfsideMiami BeachQueensAventuraCauseway North Bay VilFlushingFresh MeadowsLos AngelesMargateMonroeNew YorkNorth Miami BeachVernon

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K11 grants2020 7 grants2021 4 grants2022 2 grants2023 1 grant2024

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

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 25 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Miscellaneous Charity Less Than 1500 Surfside, FLGeneral Support$1,930

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
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

  1. 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.

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