Louis And Rachel Rudin Foundation Inc in New York, New York (NY)

Organization representatives - add corrected or new information about Louis And Rachel Rudin Foundation Inc »

Non-representatives - add comments about Louis And Rachel Rudin Foundation Inc»

Louis And Rachel Rudin Foundation Inc
Employer Identification Number (EIN)237039549
Name of OrganizationLouis And Rachel Rudin Foundation Inc
In Care of NameRudin
Address345 Park Ave, New York, NY 10154-0004
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1970
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$19,289,910
Amount of Income$4,044,718
Form 990 Revenue Amount$3,925,631

Non-representatives - add comments:


Your IP address will be logged.

Financial snapshot ($)

Revenue for 2011

Expenses for 2011

Assets for 2011

Analysis of Revenue and Expenses (for 2011)
Revenue and expenses per booksNet investment incomeAdjusted net incomeDisbursements for charitable purposes (cash basis only)
Total revenue$3,925,631$1,253,024$0
Contributions, gifts, grants, etc., received$0
Interest on savings and temporary cash investments$17,108
Dividends and interest from securities$689,328
Gross rents$0
Gross profit from sales of goods$0
Other income$3,219,195
Total expenses and disbursements$4,761,922$0$0$3,522,894
Compensation of officers, directors, trustees, etc.$0
Total operating and administrative expenses$1,435,922$0$196,894
Contributions, gifts, grants paid$3,326,000
Excess of revenue over expenses and disbursements$-836,291
Net investment income$1,253,024
Adjusted net income$0
Balance Sheets (for 2011)
Book ValueFair Market Value
Total assets$19,086,823$66,913,844
Cash - non-interest-bearing$10,583,105
Investments-U.S. and state government obligations$0
Investments-corporate stock$4,918,344
Investments-corporate bonds$0
Investments-mortgage loans$0
Total liabilities$1
Mortgages and other notes payable$0
Total liabilities and net assets/fund balances$19,086,823
Capital Gains and Losses for Tax on Investment Income (for 2011)
Capital gain net income$0
Net capital loss$0
Excise Tax Based on Investment Income (for 2011)
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)No
Tax based on investment income$12,530
Total credits and payments$24,400
2011 estimated tax payments and 2010 overpayment credited to 2011$24,400
Exempt foreign organizations-tax withheld at source$0
Tax paid with application for extension of time to file (Form 8868)$0
Backup withholding erroneously withheld$0
Any penalty for underpayment of estimated tax$0
Amount to be credited to 2012 estimated tax$11,870
Statements Regarding Activities (for 2011)
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?No
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011?No
Statements Regarding Activities for Which Form 4720 May Be Required (for 2011)
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?Yes
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?Yes
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?No
Agree to pay money or property to a government official?No
At the end of tax year 2011, did the foundation have any undistributed income for tax year(s) beginning before 2011?No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?No
Provide a grant to an individual for travel, study, or other similar purposes?No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?No
Minimum Investment Return (for 2011)
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes$68,532,629
Net value of noncharitable-use assets$67,504,640
Minimum investment return$3,375,232
Distributable Amount (for 2011)
Distributable amount$2,636,761
Undistributed Income (for 2011)
Distributable amount for 2011$2,636,761
Undistributed income for 2011. This amount must be distributed in 2012$0
Private Operating Foundations (for 2011)
The lesser of the adjusted net income or the minimum investment return$0$0$0$0$0
Qualifying distributions made directly for active conduct of exempt activities$0$0$0$0$0
Value of all assets$0$0$0$0$0
Value of assets qualifying under section 4942(j)(3)(B)(i)$0$0$0$0$0
2/3 of minimum investment return$0$0$0$0$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)$0$0$0$0$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)$0$0$0$0$0
Gross investment income$0$0$0$0$0
Unrelated Trade or Business Income (for 2008)
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$2,849,959
Rent income$0$0$0
Unrelated debt-financed income$6,162,441$0$616,244
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$544,196
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Taxes and licenses$212,560
Charitable contributions$324,556
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$7,080
Unrelated business taxable income$2,921,007
Unrelated business taxable income before net operating loss deduction$2,922,007
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$2,922,007
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated


Your Review

Would you recommend Louis And Rachel Rudin Foundation Inc to others? (optional)
Add photo of Louis And Rachel Rudin Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Recently Added Reviews
Pershing Square Foundation in New York, NY
Christian Ministries Of Nondenominational Church in New York, NY
Real News Project Inc in New York, NY
Grand Street Boys Association Inc in New York, NY
American Supporters Of Yedid Inc in New York, NY
Vital Projects Fund Inc in New York, NY
Jack & Jill Of America Inc, Metropolitan Ny Chapter in New York, NY
Cent For Urban Commungity Svcs in New York, NY
Len Camber Charitable Trust, Manger Robert L Ttee in New York, NY
Three Goats Organization in New York, NY
Other organizations in New York
IdNameAddressStateEstablishedTotal Income
1Lewyt Foundation IncLewyt St, Port Washington, NY 11050NY1944-06$4,360
2Linroc Community Service Corporation10101 Avenue D, Brooklyn, NY 11236-1902NY1987-07$47,119
3Lisa And Michael Leffell FoundationC/O Michael Leffell, Scarsdale, NY 10583NY2000-01$1,495,717
4Little Rock Baptist Church Inc467 Central Ave, Brooklyn, NY 11221-5205NY1990-03$74,115
5Living Epistles Ministries42 Sagamore Hills Dr, Port Jeff Sta, NY 11776-3513NY2000-02$131,435
6Loft The Lesbian And Gay Community Services Center Inc252 Bryant Ave, White Plains, NY 10605-2103NY1993-12$265,153
7Long Island Development Corporation400 Post Ave Ste 201a, Westbury, NY 11590-2226NY1981-03$1,400,210
8Loretto Management Corporation700 E Brighton Ave, Syracuse, NY 13205-2201NY1988-06$23,629,970
9Los Angeles Ort Technical Institute69-30 Austin Street, Forest Hills, NY 11375-4231NY1986-08$8,961,879
10Louis And Anne Abrons Foundation Inc812 Park Ave, New York, NY 10021-2759NY1951-08$19,451,725
11Louis And Rachel Rudin Foundation Inc345 Park Ave, New York, NY 10154-0004NY1970-06$4,044,718
12Louisa Stude Sarofim Foundation1177 Avenue Of The Americas Fl 18, New York, NY 10036-2714NY1991-09$2,756,059
13Lovem IncPO BOX 2223, Riverhead, NY 11901NY1985-02$81,657
14Lower East Side Tenement Museum91 Orchard St, New York, NY 10002-3132NY1988-12$9,107,970
15Lower Eastside Service Center Inc80 Maiden Lane 2nd Floor, New York, NY 10038-4811NY1962-06$14,245,784
16Lowey Foundation Inc1 N Broadway 5th Fl, White Plains, NY 10601-2310NY2004-05$407,196
17Lsr Fund, Rockefeller L & Obrien Donal C Ttee10 Rockefeller Plz Fl 3, New York, NY 10020-1903NY1994-10$72
18Lubo Fund Incorporated147 E 48th St, New York, NY 10017-1223NY1959-10$1,238,005
19Lucy G Moses Trust Dtd 12-24-58, Felix A Fishman & Henry Schneider TPO BOX 1297, New York, NY 10008-1297NY1991-09$10,041,879
20Madoo Conservancy IncPO BOX 362, Sagaponack, NY 11962-0362NY1994-03$179,405

faqs.org is not associated with, endorsed by, or sponsored by Louis And Rachel Rudin Foundation Inc and has no official or unofficial affiliation with Louis And Rachel Rudin Foundation Inc