Rapaport Family Charitable Trust

Organization Overview

Rapaport Family Charitable Trust is located in Massapequa Park, NY. The organization was established in 1994. 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. Rapaport Family Charitable Trust 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 12/2021, Rapaport Family Charitable Trust generated $259.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $285.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Rapaport Family Charitable Trust has awarded 41 individual grants totaling $1,982,730. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0
Elisa Rapaport
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $48,333
Dividends & Interest $171,826
Net Rental Income$0
Net Gain on Sale of Assets $39,362
Capital Gain Net Income $39,358
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $259,521

Grants Awarded

Over the last fiscal year, Rapaport Family Charitable Trust has awarded $280,480 in support to 8 organizations.

Grant RecipientAmount

MT SINAI HOSPITAL

Org PageRecipient Profile

New York, NY

PURPOSE: GENL FUND & SPECIAL GRANTS

$125,000

AMERICAN FOLK ART MUSEUM

PURPOSE: TRUSTEE FUND & ARCHIVIST

$75,380

ROSWELL PARK ALLIANCE FOUNDATION

Org PageRecipient Profile

Buffalo, NY

PURPOSE: MYELODYSPLASTIC DONATION FUND

$25,000

AMERICAN RED CROSS

PURPOSE: GENERAL FUND

$25,000

Washington, DC

PURPOSE: FOREST CONSERVATION

$15,000

PENNPAC INC

PURPOSE: GENERAL FUND

$10,000
View Grant Profile

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