The Raphael Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $25.2M in total assets. In 2024, it awarded 24 grants totaling $854K. Net investment income was $555K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.2M
+85.7% YoY
Annual Giving
$854K
+180.9% YoY
Grant Count
24
+500.0% YoY
Avg Grant Size
$36K
-53.2% YoY
Under IRS private-foundation payout rules, The Raphael Family Foundation reported a distributable amount of $704K for 2024 — the minimum it must pay out in qualifying distributions.
About The Raphael Family Foundation
Based on IRS filings
The Raphael Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $25.2M in total assets. In 2024, it awarded 24 grants totaling $854K. Net investment income was $555K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,179,659 | $13,557,148 | $3,001,102 |
| Revenue | $12,616,792 | $10,932,155 | $3,011,102 |
| Expenses | $994,281 | $376,109 | $10,000 |
| Qualifying Distributions | $925,995 | $374,094 | $10,000 |
| Net Investment Income | $555,306 | $234,192 | $1,102 |
| Distributable Amount | $703,685 | $271,395 | $5,492 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Creative Visions Foundation ($250,000), The Academy in Manayunk Inc ($250,000), Brown University ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN ASSOCIATION FOR CANCER RESEARCH PHILADELPHIA, PA | General & Unrestricted | $16,000 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NY | General & Unrestricted | $5,000 |
| AMERICAN ISRAEL EDUCATION FOUNDATION INC WASHINGTON, DC | General & Unrestricted | $2,500 |
| ARTZ PHILADELPHIA PHILADELPHIA, PA | General & Unrestricted | $5,000 |
| BETHESDA PROJECT PHILADELPHIA, PA | General & Unrestricted | $3,500 |
| BROWN UNIVERSITY PROVIDENCE, RI | the School of Engineering/the Futures Fund | $50,000 |
| CITYTEAM MINISTRIES SAN JOSE, CA | Hope Cafe for one year | $18,000 |
| CREATIVE VISIONS FOUNDATION NIPOMO, CA | Regenerative Media Lab | $250,000 |
| FRIENDS OF FARMWORKERS INC PHILADELPHIA, PA | General & Unrestricted | $15,000 |
| HOMELESS ADVOCACY PROJECT PHILADELPHIA, PA | General & Unrestricted | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ross Borneman | Dir | 1 | — |
| Vanessa Braxton-Veloski | Dir | 1 | — |
| Jonathan Diskin | Dir, Treas | 1 | — |
| Kyle Mazade | Dir | 1 | — |
| Cassidy Neal | Dir | 1 | — |
| Asher Raphael | Dir, Pres | 1 | — |
| Ilysa Raphael | Dir, Sec | 1 | — |
| Nancy Rein Raphael | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Raphael Family Foundation?
The Raphael Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIAMI, FL. It holds $25.2M in total assets as of 2024.
How large is The Raphael Family Foundation?
As of 2024, The Raphael Family Foundation holds $25.2M in total assets with $12.6M in annual revenue. It awarded 24 grants totaling $854K in 2024.
Where does The Raphael Family Foundation operate?
The Raphael Family Foundation has awarded grants in California, District of Columbia, Florida, New Jersey, New York, Pennsylvania, Rhode Island.
What size grants does The Raphael Family Foundation award?
In 2024, The Raphael Family Foundation awarded 24 grants totaling $854K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is The Raphael Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Raphael Family Foundation reported a distributable amount of $704K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raphael Family Foundation's EIN?
The Raphael Family Foundation's EIN (Employer Identification Number) is 88-3843563. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Raphael Family 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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