DAVID FELDMAN AND CLAIRE FELDMANFAMILY FOUNDATION INC: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: DAVID FELDMAN AND CLAIRE FELDMANFAMILY FOUNDATION INC (EIN 20-3965559)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-08-30
IRS object ID: 202422439349100002
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Investments Corp Stock Schedule
Substantial Contributors Sch

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-08-30T07:36:28-04:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	222756174	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DALE VAN SCIVER PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	112 HADDONTOWNE CT STE 302	AddressLine1Txt
City	CHERRY HILL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08034	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203965559	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DAVID & CLAIRE FELDMAN FAMILY	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	DAVI	BusinessNameControlTxt
Phone	8564568700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	429 COOLIDGE RD	AddressLine1Txt
City	CHERRY HILL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08002	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARVIN RAAB	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8564568700	PhoneNum
Signature	2024-05-15	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT P DALE III	PreparerPersonNm
PTIN	P01438979	PTIN
Phone	8564289769	PhoneNum
Preparation	2024-08-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$399,264	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$936	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$936	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$8,607	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$8,607	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$7,165	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$7,165	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$7,165	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$16,708	TotalRevAndExpnssAmt
Total Net Invst Incm	$16,708	TotalNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$0	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$6,889	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$6,889	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$6,889	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$6,889	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$9,819	ExcessRevenueOverExpensesAmt
Net Investment Income	$16,708	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$198,892	CashBOYAmt
Cash EOY	$22,177	CashEOYAmt
Cash EOYFMV	$22,177	CashEOYFMVAmt
Corporate Stock BOY	$184,537	CorporateStockBOYAmt
Corporate Stock EOY	$371,071	CorporateStockEOYAmt
Corporate Stock EOYFMV	$377,087	CorporateStockEOYFMVAmt
Total Assets BOY	$383,429	TotalAssetsBOYAmt
Total Assets EOY	$393,248	TotalAssetsEOYAmt
Total Assets EOYFMV	$399,264	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$383,429	RetainedEarningBOYAmt
Retained Earning EOY	$393,248	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$383,429	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$393,248	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$383,429	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$393,248	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$383,429	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$9,819	ExcessRevenueOverExpensesAmt
Subtotal	$393,248	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$393,248	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Field	Value	IRS element (for citing)
Capital Gain Net Income	$7,165	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$232	InvestmentIncomeExciseTaxAmt
Subtotal	$232	SubtotalAmt
Tax Based On Investment Income	$232	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,140	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$3,140	TotalPaymentsAndCreditsAmt
Overpayment	$2,908	OverpaymentAmt
Applied To ES Tax	$2,908	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	false	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	MARVIN RAAB	IndividualWithBooksNm
Phone	8564568700	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	429 COOLIDGE RD	AddressLine1Txt
City	CHERRY HILL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08002	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MARVIN RAAB
429 COOLIDGE RD	CHERRY HILL	NJ	08002	TRUSTEE	1.00	$0	$0	$0
MARSHA RAAB
429 COOLIDGE ROAD	CHERRY HILL	NJ	08002	TRUSTEE	0.00	$0	$0	$0
CLAIRE RAAB
429 COOLIDGE ROAD	CHERRY HILL	NJ	08002	TRUSTEE	0.00	$0	$0	$0
STEFANIE RAAB
429 COOLIDGE ROAD	CHERRY HILL	NJ	08002	TRUSTEE	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$277,396	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$110,535	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$387,931	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$387,931	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$5,819	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$382,112	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$19,106	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$19,106	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$232	TaxBasedOnInvestmentIncomeAmt
Total Tax	$232	TotalTaxAmt
Distributable Before Adj	$18,874	DistributableBeforeAdjAmt
Distributable Before Ded	$18,874	DistributableBeforeDedAmt
Distributable As Adjusted	$18,874	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$6,889	ExpensesAndContributionsAmt
Qualifying Distributions	$6,889	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$18,874	DistributableAsAdjustedAmt
Qualifying Distributions	$6,889	QualifyingDistributionsAmt
Applied To Current Year	$6,889	AppliedToCurrentYearAmt
Undistributed Income CY	$11,985	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	MARVIN RAAB	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	429 COOLIDGE ROAD	AddressLine1Txt
City	CHERRY HILL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08002	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8564568700	RecipientPhoneNum
Recipient Email Address	MARVIN@RAABENTERPRISES.COM	RecipientEmailAddressTxt
Form And Info And Materials	WRITTEN REQUEST	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
LIFE'S DOOR
2291 SEVENTH AVENUE	NEW YORK	NY	10030	NONE	CHARITABLE	GENERAL	$2,500
KIDS WISH NETWORK
301 BEAR RIDGE CIRCLE	PALM HARBOR	FL	33543	NONE	CHARITABLE	GENERAL	$250
CHAI LIFELINE
151 W 30TH ST 7TH FLOOR	NEW YORK	NY	10001	NONE	CHARITABLE	GENERAL	$304
RONALD MCDONALD HOUSE
110 N CARPENTER ST	CHICAGO	IL	60673	NONE	CHARITABLE	GENERAL	$200
ST JUDES
PO BOX 1999	MEMPHIS	TN	38101	NONE	CHARITABLE	GENERAL	$250
RODEF SHOLOM
615 N BROAD ST	PHILADELPHIA	PA	19123	NONE	CHARITABLE	GENERAL	$25
SONS OF ISREAL
720 COOOPER LANDING RD	CHERRY HILL	NJ	08002	NONE	CHARITABLE	GENERAL	$360
JCC
1301 SPRINGDALE RD	CHERRY HILL	NJ	08003	NONE	CHARITABLE	GENERAL	$3,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$6,889	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$936	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$8,607	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$7,165	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$16,708	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$16,708	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	PUBLICLY TRADED SECURITIES	StockNm
EOY Book Value	$371,071	EOYBookValueAmt
EOYFMV	$377,087	EOYFMVAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Field	Value	IRS element (for citing)
Person	MARVIN AND MARSHA RAAB	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	429 COOLIDGE RD	AddressLine1Txt
City	CHERRY HILL	CityNm
State Abbreviation	NJ	StateAbbreviationCd
ZIP	08002	ZIPCd