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Nonprofit · EIN 13-4053653

RAYMOND DEBBANE FAMILY FOUNDATION

Also known as RAYMOND DEBBANE

Tax-exempt · NEW YORK, NY 10022

Financials

$16.7M$10.6M2022$3.4M$9.6M2023$47.3M$9.5M2024
Revenue Expenses · by fiscal year end
Financials of RAYMOND DEBBANE FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990-PF$47,286,435$9,469,328$37,817,107$130,946,584$0$130,946,584
February 29, 2024990-PF$3,382,145$9,577,513-$6,195,368$114,077,128$0$114,077,128
February 28, 2023990-PF$16,669,973$10,640,558$6,029,415$129,781,243$0$129,781,243
Financial details: 990-PF for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$25,186,474
Dividends
$2,367,317
Interest
$820,906
Net gain from sales of assets
$18,680,596
Other income
$231,142

Expenses

Grants and similar amounts paid
$7,439,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$7,439,600
Excise tax on investment income
$278,976

Balance sheet and other

Total assets, start of year
$114,077,128
Total assets, end of year
$130,946,584
Total liabilities, end of year
$0
Net assets, end of year
$130,946,584
Fair market value of assets
$197,046,893
Qualifying distributions
$7,439,600
Net investment income
$22,099,961

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
RAYMOND DEBBANE
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
PRESIDENT1$0
SACHA LAINOVIC
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
TREASURER1$0
JESSICA PACKER
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
SECRETARY1$0
990-PF for the year ended February 29, 2024: 3 people
NameTitleHours / weekCompensation
RAYMOND DEBBANE
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
PRESIDENT1$0
SACHA LAINOVIC
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
TREASURER1$0
JESSICA PACKER
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
SECRETARY1$0
990-PF for the year ended February 28, 2023: 3 people
NameTitleHours / weekCompensation
RAYMOND DEBBANE
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
PRESIDENT1$0
SACHA LAINOVIC
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
TREASURER1$0
JESSICA PACKER
INVUS GROUP LLC 750 LEXINGTON AVE, NEW YORK, NY 10022
SECRETARY1$0

Address and contacts

Address (IRS master file)
CO THE INVUS GROUP LLC 750 LEX AVE, NEW YORK, NY 10022-0000
In care of
% THE INVUS GROUP LLC
Signed the 990-PF
RAYMOND DEBBANE, OFFICER
Phone
(212) 371-1717
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
13-4053653
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2001
Accounting year ends
February
Files
Form 990-PF
Assets (IRS master file)
$130,946,584
Income (IRS master file)
$60,417,725

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2025$47,286,435$9,469,328$130,946,584XML
990-TFebruary 2025–––IRS
990-PFFebruary 2024$3,382,145$9,577,513$114,077,128XML
990-TFebruary 2024–––IRS
990-PFFebruary 2023$16,669,973$10,640,558$129,781,243XML
990-TFebruary 2023–––IRS
990-PFFebruary 2022–––IRS
990-TFebruary 2022–––IRS
990-PFFebruary 2021–––IRS
990-PFFebruary 2020–––IRS
990-PFFebruary 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-4053653).

Questions about RAYMOND DEBBANE FAMILY FOUNDATION

What is the EIN of RAYMOND DEBBANE FAMILY FOUNDATION?
The employer identification number (EIN) of RAYMOND DEBBANE FAMILY FOUNDATION is 13-4053653.
Is RAYMOND DEBBANE FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to RAYMOND DEBBANE FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAYMOND DEBBANE FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RAYMOND DEBBANE FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAYMOND DEBBANE FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2025.
Who are the officers and directors of RAYMOND DEBBANE FAMILY FOUNDATION?
The 990-PF for the year ended February 28, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does RAYMOND DEBBANE FAMILY FOUNDATION have?
On its 990-PF for the year ended February 28, 2025 it reported revenue of $47,286,435, expenses of $9,469,328 and total assets of $130,946,584 at year end.

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