Rak Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $357K in total assets. In 2024, it awarded 1 grants totaling $253K. Net investment income was $152K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$357K
-5.8% YoY
Annual Giving
$253K
-41.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$253K
-41.9% YoY
Under IRS private-foundation payout rules, Rak Charitable Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Rak Charitable Foundation
Based on IRS filings
Rak Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $357K in total assets. In 2024, it awarded 1 grants totaling $253K. Net investment income was $152K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $357,383 | $379,402 | $667,781 |
| Revenue | $254,040 | $156,864 | $361,251 |
| Expenses | $265,589 | $445,243 | $466,986 |
| Qualifying Distributions | $253,339 | $436,243 | $464,429 |
| Net Investment Income | $151,880 | $3,360 | $393,581 |
| Distributable Amount | $9,868 | $19,753 | $23,561 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various See Attached ($253,339).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS SEE ATTACHED VARIOUS, NY | CHARITABLE | $253,339 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ABRAHAM KATZ | PRESIDENT | 0.5 | — |
| RISA KATZ | VICE PRESIDE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rak Charitable Foundation?
Rak Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. It holds $357K in total assets as of 2024.
How large is Rak Charitable Foundation?
As of 2024, Rak Charitable Foundation holds $357K in total assets with $254K in annual revenue. It awarded 1 grants totaling $253K in 2024.
Where does Rak Charitable Foundation operate?
Rak Charitable Foundation has awarded grants in New York.
What size grants does Rak Charitable Foundation award?
In 2024, Rak Charitable Foundation awarded 1 grants totaling $253K — an average of about $253K per grant, based on its IRS Form 990 filings.
How much is Rak Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rak Charitable Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rak Charitable Foundation's EIN?
Rak Charitable Foundation's EIN (Employer Identification Number) is 20-0489700. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rak Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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