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Rackman Foundation Inc. is a private corporation based in JAMAICA, NY. The foundation received its IRS ruling in 2009. The principal officer is Ariel Rackman. It holds total assets of $32K. Annual income is reported at N/A. Total assets have decreased from $94K in 2019 to $32K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. Grantmaking is concentrated in New York. According to available records, Rackman Foundation Inc. has made 6 grants totaling $49K, with a median grant of $7K. Annual giving has grown from $15K in 2022 to $34K in 2023. Individual grants have ranged from $1K to $18K, with an average award of $8K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$101
Median Grant
$15K
Average Grant
$11K
Largest Grant
$17K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Rackman Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY.
Rackman Foundation Inc. has distributed a total of $49K across 6 grants. The median grant size is $7K, with an average of $8K. Individual grants have ranged from $1K to $18K.
The application deadline is THE DEADLINE FOR PROPOSAL SUBMISSION VARIES. The rackman foundation inc officers determine contributions, grant awards. Only qualified.
Rackman Foundation Inc. is headquartered in JAMAICA, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mariya Rackman | VICE PRESIDENT | $0 | $0 | N/A |
| Ariel Rackman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$32K
Fair Market Value
$32K
Net Worth
$32K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$49K
Average Grant
$8K
Median Grant
$7K
Unique Recipients
4
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yeshiva Har TorahSCHOLARSHIP ANNUAL DINNER | Little Neck, NY | $18K | 2023 |
| Iskhak NiyazovCONTRIBUTION FOR ASSISTENCE TO INDIGENT FAMILY | Rego Park, NY | $9K | 2023 |
| Ben Israel IncBOOKS | Flusing, NY | $6K | 2023 |
| United Lubavitcher YeshivothSCHOLARSHIP | Brooklyn, NY | $1K | 2023 |