STRATEGY STUDIO / PUBLIC DATA EXPLORER

RAO FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RAO FOUNDATION (EIN 45-2665652)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-02-18
IRS object ID
202110499349100106
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-02-18T09:53:00-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN822452368PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PW ASSOCIATES PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12150 S CENTRAL EXPY STE 200AddressLine1Txt
CityMCKINNEYCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75072ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452665652EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RAO FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAOFBusinessNameControlTxt
Phone2142134903PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13705 VALENCIA CTAddressLine1Txt
CityFLOWER MOUNDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75022ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNAGARAJ V RAOPersonNm
Person TitlePRESIDENT/TREASURERPersonTitleTxt
Phone2142134903PhoneNum
Signature2021-02-18SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNAGPersonFirstNm
Person LastRAOPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL H PARRISHPreparerPersonNm
PTINP00326664PTIN
Phone9724026170PhoneNum
Preparation2021-02-18PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$122,024FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$100,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$100,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,100AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$2,100AccountingFeesChrtblPrpsAmt
Deprec And Dpltn Rev And Expnss$2,892DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Adj Net Incm$2,892DeprecAndDpltnAdjNetIncmAmt
Other Expenses Rev And Expnss$2,882OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$2,882OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$7,874TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,892TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,982TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$55,156ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$55,156ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$63,030TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,892TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$60,138TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$36,970ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$62,602CashBOYAmt
Cash EOY$102,464CashEOYAmt
Cash EOYFMV$102,464CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$14,456LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,988LandBldgEquipAccumDeprecAmt
Land BOY$6,360LandBOYAmt
Land EOY$3,468LandEOYAmt
Land EOYFMV$3,468LandEOYFMVAmt
Other Assets BOY$16,092OtherAssetsBOYAmt
Other Assets EOY$16,092OtherAssetsEOYAmt
Other Assets EOYFMV$16,092OtherAssetsEOYFMVAmt
Total Assets BOY$85,054TotalAssetsBOYAmt
Total Assets EOY$122,024TotalAssetsEOYAmt
Total Assets EOYFMV$122,024TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$85,054RetainedEarningBOYAmt
Retained Earning EOY$122,024RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$85,054TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$122,024TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$85,054TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$122,024TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$85,054TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$36,970ExcessRevenueOverExpensesAmt
Subtotal$122,024SubtotalAmt
Tot Net Ast Or Fund Balances EOY$122,024TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksNAGARAJ V RAOIndividualWithBooksNm
Phone9723559749PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line13705 VALENCIA COURTAddressLine1Txt
CityFLOWER MOUNDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75022ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
NAGARAJ V RAO
3705 VALENCIA COURTFLOWER MOUNDTX75022PRESIDENT/TR000.00$0$0$0
SESHKUMARI RAO
3705 VALENCIA COURTFLOWER MOUNDTX75022VICE PRESIDE000.00$0$0$0
JAIDEEP JAYARAM
2508 CARROLL COURTFLOWER MOUNDTX75022SECRETARY000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$56,986AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$19,560FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$76,546TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$76,546AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,148CashDeemedCharitableAmt
Net Vl Noncharitable Assets$75,398NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,770MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,770MinimumInvestmentReturnAmt
Distributable Before Adj$3,770DistributableBeforeAdjAmt
Distributable Before Ded$3,770DistributableBeforeDedAmt
Distributable As Adjusted$3,770DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$60,138ExpensesAndContributionsAmt
Qualifying Distributions$60,138QualifyingDistributionsAmt
Adjusted Qualifying Distri$60,138AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,770DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$12,985ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$29,094ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$70,490ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$32,768ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$145,337TotalExcessDistributionCyovAmt
Qualifying Distributions$60,138QualifyingDistributionsAmt
Applied To Current Year$3,770AppliedToCurrentYearAmt
Remaining Distri From Corpus$56,368RemainingDistriFromCorpusAmt
Total Corpus$201,705TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$201,705ExcessDistriCyovToNextYrAmt
Excess From Year4$12,985ExcessFromYear4Amt
Excess From Year3$29,094ExcessFromYear3Amt
Excess From Year2$70,490ExcessFromYear2Amt
Excess From Year1$32,768ExcessFromYear1Amt
Excess From Current Year$56,368ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNAGARAJ V RAOContributingManagerNm
Contributing ManagerSESHKUMARI RAOContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
KERA - KXT 917
3000 HARRY HINES BLVDDALLASTX75201NCSUPPORT OF NORTH TEXAS PUBLIC BROADC$2,500
BLUEROOF FOUNDATION
350 HIGHLAND DRIVE 150LEWISVILLETX75067NCSUPPORT SOLAR AS ALTERNATIVE ENERGY$25,000
CLIMATE CENTRAL
ONE PALMER SQUARE SUITEPRINCETONNJ08542NCTO HELP FIGHT CLIMATE CHANGE$1,037
UNIVERSITY OF TEXAS AT AU
PO BOX 7458AUSTINTX78713NCTO PROVIDE SUPPORT FOR THE UNIVERSIT$1,000
THE CORNELL LAB OF ORNITHOLGY
159 SAPSUCKER WOODS RDITHICANY14850NCTO SUPPORT THE LAB'S MISSION TO IMPR$1,500
ROCKY MOUNTAIN INSTITUTE
2490 JUNCTION PLACEBOULDERCO80301NCPROMOTE CLEAN ENERGY$1,560
NATIONAL AUDUBON SOCIETY
225 VARICK STNEW YORKNY10014NCPROTECTING NATURAL RESOURCES$1,500
PROPUBLICA
155 AVENUE OF THE AMERICANEW YORKNY10013NCEXPOSE ABUSES OF POWER ETC BY GOVERN$51813TH FLOOR
PEDIPLACE
502 S OLD ORCHARD LN 126LEWISVILLETX75067NCPROVIDE QUALITY PRIMARY PEDIATRIC HC$2,500
NORTH TEXAS FOOD BANK
3677 MAPLESHADE LNPLANOTX75075NCCLOSE THE HUNGER GAP IN NORTH TEXAS$5,000
BLUEROOD FOUNDATION
350 HIGHLAND DR 150LEWISVILLETX75067NCSUPPORT SOLAR AS ALTERNATIVE ENERGY$10,000
AMERICAN RED CROSS
431 18TH STREET NWWASHINGTONDC20006NCMEET HUMANITARIAN NEEDS$2,500
PEDIPLACE
502 S OLD ORCHARD LN 126LEWISVILLETX75067NCPROVIDE QUALITY PRIMARY PEDIATRIC HC$541
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$55,156TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonNAGARAJ V AND SESHKUMARI RAOContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line13705 VALENCIA CTAddressLine1Txt
CityFLOWER MOUNDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75022ZIPCd
FieldValueIRS element (for citing)
Total Contributions$100,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,100Amt
Disbursements Charitable Prps$2,100DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtAdjusted Net IncomeAdjustedNetIncomeAmt
RESEARCH EQUIPMENT2017-03-09$13,882$7,866S/L5.0000$2,777$2,777
RESEARCH EQUIPMENT2018-01-01$574$230S/L5.0000$115$115

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemBUILDLINGSCategoryOrItemTxt
Cost Or Other Basis$14,456CostOrOtherBasisAmt
Accumulated Depreciation$10,988AccumulatedDepreciationAmt
Book Value$3,468BookValueAmt
EOYFMV$3,468EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescRECEIVABLE FROM BLUEROOF FOUNDATIONDesc
BOY Book Value$16,092BOYBookValueAmt
EOY Book Value$16,092EOYBookValueAmt
EOYFMV$16,092EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
SERVICE FEES$252$252
RESEARCH EXPENSE$2,630$2,630

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonNAGARAJ V SESHKUMARI RAOPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13705 VALENCIA CTAddressLine1Txt
CityFLOWER MOUNDCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75022ZIPCd