Raphael Foundation Inc

NEW YORK, NY EIN: 23-7185539

Raphael Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 7 grants totaling $129K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$898K

+89.1% YoY

Annual Giving

$129K

-10.9% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$18K

+40.0% YoY

Under IRS private-foundation payout rules, Raphael Foundation Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Raphael Foundation Inc

Based on IRS filings

Raphael Foundation Inc is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 7 grants totaling $129K. Net investment income was $14K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AllenhurstBrooklynGlenoldenLakewoodNew YorkOcean

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$153K$307K$460K$613K20202021202220232024
Metric202420232022
Total Assets$897,577$474,779$580,794
Revenue$557,626$43,815$106,615
Expenses$134,828$149,830$120,964
Qualifying Distributions$129,153$144,919$120,342
Net Investment Income$14,004$12,971$6,613
Distributable Amount$23,262$26,560$27,189

Giving Over Time

Total grant dollars and number of grants per year

$0$81K$162K$243K$324K9 grants20209 grants20219 grants202211 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

YESHIVAH OF FLATBUSH EIN…$70KOTHER PUBLIC CHARITIES -…$25KCONGREGATION BETH TORAH …$15KSEPHARDIC SYNAGOGUE OF E…$6KBERIT SHALOM INC EIN 87-…$5KCHARCOT-MARIE-TOOTH ASSO…$5KSEPHARDIC INSTITUTE EIN …$3K

Grant Size Distribution

45 grants across all recorded years

42<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Yeshivah of Flatbush Ein 11-1630915 ($70,366), Other Public Charities - 3000 or Less Per Organization ($24,690), Congregation Beth Torah Ein 11-6011458 ($15,194).

RecipientPurposeAmount
CHARCOT-MARIE-TOOTH ASSOCIATION EIN 22-2480896 GLENOLDEN, PACHARITABLE$5,000
CONGREGATION BETH TORAH EIN 11-6011458 BROOKLYN, NYRELIGIOUS$15,194
OTHER PUBLIC CHARITIES - 3000 OR LESS PER ORGANIZATION NEW YORK, NYCHARITABLE$24,690
SEPHARDIC SYNAGOGUE OF ELBERON BROOKLYN, NYRELIGIOUS$5,501
YESHIVAH OF FLATBUSH EIN 11-1630915 BROOKLYN, NYEDUCATIONAL$70,366
BERIT SHALOM INC EIN 87-1538095 NEW YORK, NYRELIGIOUS$5,402
SEPHARDIC INSTITUTE EIN 11-2170961 BROOKLYN, NYRELIGIOUS$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MAURICE SHAMAHFOUNDATION MANAGER

Frequently Asked Questions

How large is Raphael Foundation Inc?

As of 2024, Raphael Foundation Inc holds $898K in total assets with $558K in annual revenue. It awarded 7 grants totaling $129K in 2024.

Where does Raphael Foundation Inc operate?

Raphael Foundation Inc has awarded grants in New Jersey, New York, Pennsylvania.

What size grants does Raphael Foundation Inc award?

In 2024, Raphael Foundation Inc awarded 7 grants totaling $129K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Raphael Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Raphael Foundation Inc reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Raphael Foundation Inc's EIN?

Raphael Foundation Inc's EIN (Employer Identification Number) is 23-7185539. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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