Raphael Foundation Inc

Private foundation · Grantmaker 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.

Raphael Foundation Inc at a glance

In short: Raphael Foundation Inc gave $129K across 7 grants in 2024 (avg $18K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$129,153
-10.9% vs 2023
Grants made (2024)
7
-36.4% vs 2023
Average grant
$18,450
+40.0% vs 2023
Median grant
$5,501
Total assets
$897,577
+89.1% vs 2023
Primary geography
New York (96% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Raphael Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Yeshivah of Flatbush EIN 11-1630915: $70KYeshivah of Flatbush EIN11-1630915$70KCongregation Beth Torah EIN 11-6011458: $15KCongregation Beth Torah EIN11-6011458$15KSephardic Synagogue of Elberon: $6KSephardic Synagogue of Elberon$6KBerit Shalom Inc EIN 87-1538095: $5KBerit Shalom Inc EIN87-1538095$5KCharcot-Marie-Tooth Association EIN 22-2480896: $5KCharcot-Marie-ToothAssociation EIN 22-2480896$5KSephardic Institute EIN 11-2170961: $3KSephardic Institute EIN11-2170961$3K

The largest 2024 recipient was Yeshivah of Flatbush EIN 11-1630915 ($70K). Together the top 6 received $104K.

Grant Size Distribution

45 grants across all recorded years

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

The most common grant size was under $50K: 42 grants of 45 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

BrooklynNew YorkGlenoldenOceanAllenhurstLakewood

How Raphael Foundation Inc gives

  • Giving fell 36% from 2021 to 2024. Method
  • In 2024 it paid out 555% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K9 grants2020 9 grants2021 9 grants2022 11 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $116K (2022) to $324K (2020). In 2024 it made 7 grants totaling $129K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Yeshivah of Flatbush EIN 11-1630915 Brooklyn, NYEducational$70,366
Other Public Charities - 3000 or Less per Organization New York, NYCharitable$24,690
Congregation Beth Torah EIN 11-6011458 Brooklyn, NYReligious$15,194
Sephardic Synagogue of Elberon Brooklyn, NYReligious$5,501
Berit Shalom Inc EIN 87-1538095 New York, NYReligious$5,402
Charcot-Marie-Tooth Association EIN 22-2480896 Glenolden, PACharitable$5,000
Sephardic Institute EIN 11-2170961 Brooklyn, NYReligious$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$897,577$557,626$134,828$129,1537$129,153$14,004$23,262
2023$474,779$43,815$149,830$144,91911$144,919$12,971$26,560
2022$580,794$106,615$120,964$116,0919$120,342$6,613$27,189
2021$595,143$106,881$207,060$200,4219$204,420$6,880$31,193
2020$695,322$293,499$328,292$324,0289—$189,435$34,987

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.

Leadership & Key People

Officers and directors from IRS filings

Raphael Foundation Inc's only listed officer is Maurice Shamah, Foundation Manager on every filing since 2020 (uncompensated).

Officers on the 2024 filing

  • Maurice Shamah

    Foundation Manager

    On filings since 2020

    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 Raphael Foundation Inc

How much does Raphael Foundation Inc give each year?

Raphael Foundation Inc gave $129K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $145K across 11 grants.

What is Raphael Foundation Inc's typical grant size?

Raphael Foundation Inc's median grant in 2024 was $5,501, and its average grant was $18,450, across 7 grants on its 2024 IRS Form 990-PF.

Where does Raphael Foundation Inc give grants?

Raphael Foundation Inc gives mostly in New York: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (4 grants) and New York, NY (2 grants).

Does Raphael Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Raphael Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious" (4 grants).

Who are Raphael Foundation Inc's largest grantees?

Raphael Foundation Inc's largest 2024 grantees include Yeshivah of Flatbush EIN 11-1630915 ($70,366), Congregation Beth Torah EIN 11-6011458 ($15,194) and Sephardic Synagogue of Elberon ($5,501), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is Raphael Foundation Inc?

Raphael Foundation Inc reported $898K in total assets on its 2024 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Raphael Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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