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The Rachesky Family Charitable Foundation Trust is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1995. It holds total assets of $491K. Annual income is reported at $109K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey and Florida. According to available records, The Rachesky Family Charitable Foundation Trust has made 9 grants totaling $46K, with a median grant of $5K. Annual giving has decreased from $41K in 2022 to $5K in 2023. Individual grants have ranged from N/A to $13K, with an average award of $5K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New Jersey and Florida and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$4K
Average Grant
$4K
Largest Grant
$13K
Based on 6 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.
The Rachesky Family Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NJ, FL, MD.
The Rachesky Family Charitable Foundation Trust has distributed a total of $46K across 9 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from N/A to $13K.
Limited only by the provisions of the irc.
The Rachesky Family Charitable Foundation Trust is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Rachesky | TRUSTEE | $0 | $0 | N/A |
| Mark Rachesky | TRUSTEE | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$483K
Fair Market Value
$447K
Net Worth
$483K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$21K
Total: $444K
Total Grants
9
Total Giving
$46K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chadwick FoundationGENERAL CHARITABLE SUPPORT | Palm Beach, FL | $2K | 2022 |
| Jewish Home FoundationGENERAL CHARITABLE SUPPORT | Rockleigh, NJ | $5K | 2023 |
| Valley HospitalGENERAL CHARITABLE SUPPORT | Ridgewood, NJ | $13K | 2022 |
| Jewish Fed Of Palm BeachGENERAL CHARITABLE SUPPORT | West Palm Beach, FL | $6K | 2022 |
| Jewish War Veterans UsaGENERAL CHARITABLE SUPPORT | Baltimore, MD | N/A | 2022 |