Raymond Debbane Family Foundation
- Assets
- $124.7m
- Revenue
- $47.5m
- Investments
- $113.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2001
- Data as of
- 02/2022
- EIN
- 13-4053653
Organization Overview
Raymond Debbane Family Foundation is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raymond Debbane Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2022, Raymond Debbane Family Foundation generated $47.5m in total revenue. All expenses for the organization totaled $6.5m during the year ending 02/2022. While expenses have increased by 10.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Raymond Debbane Family Foundation has awarded 174 individual grants totaling $29,185,312. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED IN ANY CHARITABLE ACTIVITIES.ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHERCHARITABLE ORGANIZATIONS (PUBLIC CHARITIES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Debbane President | 1 | $0 | |
Sacha Lainovic Treasurer | 1 | $0 | |
Jessica Packer Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,360,315 |
| Interest on Savings | $319,776 |
| Dividends & Interest | $1,763,322 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,949,023 |
| Capital Gain Net Income | $19,949,023 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $64,762 |
| Total Revenue | $47,457,198 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $366,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180,931 |
| Total operating and administrative expenses | $820,414 |
| Contributions, gifts, grants paid | $5,703,684 |
| Total expenses and disbursements | $6,524,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,422,928 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $108,338,034 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $124,656,888 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Raymond Debbane Family Foundation has awarded $6,799,750 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ARAB AMERICAN INSTITUTE FOUNDATION PURPOSE: HELPING TO PROVIDE STRATEGIC ANALYSIS TO POLICY MAKERS AND COMMUNITY MEMBERS TO STRENGTHEN DEMOCRACY, PROTECT CIVIL RIGHTS AND LIBERTIES, AND DEFEND INTERNATIONAL HUMAN RIGHTS. | $25,000 |
ATLAS NETWORK PURPOSE: PROMOTING FREE-MARKET ECONOMIC POLICIES ACROSS THE WORLD | $140,000 |
CEMEDE (CENTER FOR EURO-MED DEVELOPMENT) PURPOSE: PROMOTION OF SUSTAINABLE DEVELOPMENT, URBAN PLANNING, ENVIRONMENTAL PROTECTION AND OTHER AREAS. | $1,800,000 |
CONCERN WORLDWIDE (US) INC PURPOSE: TO SUPPORT PEOPLE LIVING IN EXTREME POVERTY ACHIEVE MAJOR IMPROVEMENTS IN THEIR LIVES THAT LAST AND SPREAD WITHOUT ONGOING SUPPORT FROM CONCERN. | $25,000 |
DRUG FREE LEBANON PURPOSE: HELPING TO PROTECT OUR NATION'S YOUTH FROM THE HORRORS OF DRUG ABUSE, USING HIGHLY EFFECTIVE TACTICS TO FOSTER THEIR BRIGHT FUTURES. | $200,000 |
EPARCHY OF SAINT MARON OF BROOKLYN PURPOSE: RELIGIOUS SUPPORT | $100,000 |