Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
KEREN KESHET - THE RAINBOW FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1015 PARK AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10028
A Employer identification number

13-4069592
B Telephone number (see instructions)

(212) 396-8850
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$174,232,036J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 32,255 32,255  
4 Dividends and interest from securities... 1,988,814 1,988,814  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
8,934,087
b Gross sales price for all assets on line 6a 13,425,182
7 Capital gain net income (from Part IV, line 2)... 8,900,151
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,049,501 4,179,700  
12 Total. Add lines 1 through 11........ 16,004,657 15,100,920  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 259,146 22,976   236,170
14 Other employee salaries and wages...... 455,621 0   0
15 Pension plans, employee benefits....... 436,098 0   0
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
88,526 0   88,526
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
106,400 53,200   53,200
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
4,238,364 47,636   482,919
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
557,224 380   214,477
19 Depreciation (attach schedule) and depletion... 524,995 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 149,374 0   149,374
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
4,866,886 2,861,668   772,171
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,682,634 2,985,860   1,996,837
25 Contributions, gifts, grants paid....... 13,546,402 13,357,760
26 Total expenses and disbursements. Add lines 24 and 25 25,229,036 2,985,860   15,354,597
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -9,224,379
b Net investment income (if negative, enter -0-) 12,115,060
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 28,826,171 15,557,671 15,557,671
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 775,014 532,573 532,573
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,624,481 Click to see attachment
List of Attached Documents:
// Content
39,741,795 		39,741,795
c Investments—corporate bonds (attach schedule)....... 2,158,508 Click to see attachment
List of Attached Documents:
// Content
3,848,057 		3,848,057
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 98,791,622 Click to see attachment
List of Attached Documents:
// Content
83,848,898 		83,848,898
14 Land, buildings, and equipment: basis right arrow34,283,524
Less: accumulated depreciation (attach schedule) right arrow13,230,141 21,553,172 Click to see attachment
List of Attached Documents:
// Content
21,053,383 		21,053,383
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
188,810 		Click to see attachment
List of Attached Documents:
// Content
9,649,659 		Click to see attachment
List of Attached Documents:
// Content
9,649,659
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 174,917,778 174,232,036 174,232,036
Liabilities 17 Accounts payable and accrued expenses.......... 110,044 85,096
18 Grants payable................. 129,000 317,642
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 239,044 402,738
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 174,678,734 173,829,298
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 174,678,734 173,829,298
30 Total liabilities and net assets/fund balances (see instructions). 174,917,778 174,232,036
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
174,678,734
2
Enter amount from Part I, line 27a .....................
2
-9,224,379
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
8,381,166
4
Add lines 1, 2, and 3 ..........................
4
173,835,521
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
6,223
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
173,829,298
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b PASSTHROUGH K-1 CAPITAL GAIN/LOSS P    
c PARTNERSHIP DISTRIBUTION IN EXCESS OF BASIS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,800,606   3,510,544 290,062
b 7,629,538     7,629,538
c 980,551     980,551
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       290,062
b       7,629,538
c       980,551
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 8,900,151
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 168,399
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 168,399
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 168,399
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 76,618
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 200,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 276,618
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 3,837
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 104,382
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow104,382 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see list of attachments
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJEFFREY NOVICK Telephone no.right arrow (212) 396-8800

Located atright arrow1015 PARK AVENUENEW YORKNY ZIP+4right arrow10028
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowIS, SZ
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MEM DRYAN BERNSTEIN VICE-PRES & TREASURER
20.00 		22,976 138,434 0
1015 PARK AVENUE
NEW YORK,NY10028
LINDA SAKACS SECRETARY
40.00 		236,170 56,142 0
1015 PARK AVENUE
NEW YORK,NY10028
ALBERT L FRIED PRESIDENT
20.00 		0 0 0
1015 PARK AVENUE
NEW YORK,NY10028
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NECHAMA LEIBOWITZ DIR. OF OPERATIONS
40.00 		172,673 67,709 0
1015 PARK AVENUE
NEW YORK,NY10028
BRENDAN DELANY OFFICE MANAGER
40.00 		120,410 32,749 0
1015 PARK AVENUE
NEW YORK,NY10028
MARGARET CLARKE ADMIN
40.00 		53,269 42,559 0
1015 PARK AVENUE
NEW YORK,NY10028
ANA AULL OFFICE ADMIN
40.00 		28,660 22,607 0
1015 PARK AVENUE
NEW YORK,NY10028
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
KEREN KESHET ISRAEL MGMT AND OTHER 348,940
44 KING GEORGE STREET
JERUSALEM    
IS
RUTH R WISSE CONSULTING 75,000
177 EAST 75TH ST
NEW YORK,NY10021
CITRIN COOPERMAN & COMPANY LLP AUDIT & TAX RETURN PREPARATION 71,500
50 ROCKEFELLER PLAZA
NEW YORK,NY10020
PATTERSON BELKNAP WEBB & TYLER LEGAL 68,631
1133 AVE OF AMERICAS
NEW YORK,NY10036
UPTIME IT LLC IT SERVICES 57,900
86 MACARTHUR AVENUE
CLOSTER,NJ07624
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
55,140,307
b
Average of monthly cash balances.......................
1b
4,694,681
c
Fair market value of all other assets (see instructions)................
1c
88,478,477
d
Total (add lines 1a, b, and c).........................
1d
148,313,465
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
148,313,465
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,224,702
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
146,088,763
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,304,438
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
7,304,438
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
168,399
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
16,840
c
Add lines 2a and 2b............................
2c
185,239
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,119,199
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,119,199
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
7,119,199
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
15,354,597
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
25,206
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
15,379,803
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 7,119,199
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 2,326,263
b From 2020...... 9,344,994
c From 2021...... 11,889,517
d From 2022...... 7,361,893
e From 2023...... 1,964,549
f Total of lines 3a through e ........ 32,887,216
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 15,379,803
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 7,119,199
e Remaining amount distributed out of corpus 8,260,604
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 41,147,820
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		2,326,263
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		38,821,557
10 Analysis of line 9:
a Excess from 2020.... 9,344,994
b Excess from 2021.... 11,889,517
c Excess from 2022.... 7,361,893
d Excess from 2023.... 1,964,549
e Excess from 2024.... 8,260,604
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
LINDA SAKACS
1015 PARK AVENUE
NEW YORK,NY10028
(212) 396-8800
bThe form in which applications should be submitted and information and materials they should include:
COMMUNICATION TO BE PRESENTED TO THE BOARD OF DIRECTORS
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

1210 SCOTT STREET INC

1015 PARK AVE
NEW YORK,NY10028 		N/A PF OPERATING EXPENSES 202,000

CALIFORNIA PACIFIC MEDICAL CENTER

2015 STEINER ST
SAN FRANCISCO,CA94115 		N/A PC OPERATING EXPENSES 25,000

CENTRAL FUND OF ISRAEL

461 CENTRAL AVE
CEDARHURST,NY11516 		N/A PC PROGRAMMING INITIATIVES 25,000

COMMENTARY MAGAZINE

561 7TH AVE
NEW YORK,NY10018 		N/A PC RESEARCH/WRITING 6,000

CONGREGATION KOL ISRAEL

603 ST JOHNS PLACE
BROOKLYN,NY11238 		N/A PC CAPITAL CAMPAIGN 414,667

CONGREGATION KOL SHOFAR

215 BLACKFIELD DRIVE
TIBURON,CA94920 		N/A PC PROGRAMMING INITIATIVES 50,000

CONOGREGATION KEHILATH JESHURUN

125 EAST 85TH ST
NEW YORK,NY10028 		N/A PC OPERATING EXPENSES 5,000

CROHN'S & COLITIS FOUNDATION

733 THIRD AVE
NEW YORK,NY10017 		N/A PC PROGRAMMING INITIATIVES 5,000

GATESTONE INSTITUTE

14 EAST 60TH ST
NEW YORK,NY10022 		N/A PC OPERATING EXPENSES 10,000

ISRAEL ON CAMPUS COALITION

1100 17TH ST NW
WASHINGTON,DC20026 		N/A PC PROGRAMMING INITIATIVES 40,000

JEWISH COMMUNAL FUND #4681

575 MADISON AVE
NEW YORK,NY10022 		N/A PC PROGRAMMING INITIATIVES 8,225,000

JEWISH COMMUNITY HS OF THE BAY

1835 ELLIS ST
SAN FRANCISCO,CA94115 		N/A PC OPERATING EXPENSES 5,000

JEWISH FUNDERS NETWORK

150 WEST 30TH ST
NEW YORK,NY10001 		N/A PC PROGRAMMING INITIATIVES 30,000

JEWISH MUSEUM

1109 FIFTH AVE
NEW YORK,NY10128 		N/A PC OPERATING EXPENSES 5,000

JEWISH NEWS SYNDICATE

PO BOX 610100
NEWTON,MA02461 		N/A PC OPERATING EXPENSES 25,000

KEREN KESHET ISRAEL

44 KING GEORGE ST
  JERUSALEM  
IS 		N/A PF OPERATING EXPENSES 1,529,146

LINCOLN SQUARE SYNAGOGUE

180 AMSTERDAM AVE
NEW YORK,NY10023 		N/A PC PROGRAMMING INITIATIVES 1,800

MANHATTAN JEWISH EXPERIENCE

131 WEST 86TH ST 10TH FL
NEW YORK,NY10024 		N/A PC PROGRAMMING INITIATIVES 25,000

METROPOLITAN MUSEUM OF ART

1000 FIFTH AVE
NEW YORK,NY10028 		N/A PC PROGRAMMING INITIATIVES 25,000

NCSY WEST COAST

9831 WEST PICO BLVD
LOS ANGELES,CA90035 		N/A PC PROGRAMMING INITIATIVES 5,000

NEW YORK WEILL CORNELL MEDICAL CENTER

525 EAST 68TH ST BOX 123
NEW YORK,NY10065 		N/A PC OPERATING EXPENSES 25,000

RABBI SACKS LEGACY CORP

C/O PERRY DAVIS ASSOC 25 WEST 45TH
ST STE 504
NEW YORK,NY10036 		N/A PC PROGRAMMING INITIATIVES 50,000
RABBI YARON NISENHOLZ


JERUSALEM
  JERUSALEM  
IS 		N/A I RESEARCH/WRITING 18,000
RABBI YEDIDYA SINCLAIR


JERUSALEM
  JERUSALEM  
IS 		N/A I RESEARCH/WRITING 36,000

RAMAZ SCHOOL

125 EAST 85TH ST
NEW YORK,NY10028 		N/A PC CAPITAL CAMPAIGN/OPERATING 50,000

SIXPOINT INC

4905 34TH ST SOUTH
ST PETERSBURG,FL33711 		N/A PC OPERATING EXPENSES 50,000

START UP NATION CENTRAL (AMERICAN FRIENDS OF)

40 WEST 57TH ST 26TH FL
NEW YORK,NY10019 		N/A PC PROGRAMMING INITIATIVES 55,000

STEPHEN WISE FREE SYNAGOGUE

30 WEST 68TH ST
NEW YORK,NY10023 		N/A PC PROGRAMMING INITIATIVES 5,000

UCSF FOUNDATION

PO BOX 45339
SAN FRANCISCO,CA94145 		N/A PC OPERATING EXPENSES 25,000

UJA - FEDERATION OF JEWISH PHILANTHROPIES OF NY

PO BOX 4227
NEW YORK,NY10261 		N/A PC PROGRAMMING INITIATIVES 50,000

UN WATCH USA

C/O PERRY DAVIS ASSOC 1441 BROADWAY
STE 6071
NEW YORK,NY10018 		N/A PC PROGRAMMING INITIATIVES 5,000

WLASTQ LLC

4514 CONNECTICUT AVENUE NW
WASHINGTON DC,DC20008 		N/A PC PROGRAMMING INITIATIVES 116,000

WORLDWIDE FRIENDS FOUNDATION

16 WEST 16TH ST SUITE 5MN
NEW YORK,NY10011 		N/A PC OPERATING EXPENSES 2,196,147

ZAMIR CHORAL FOUNDATION

475 RIVERSIDE DRIVE SUITE 1948
NEW YORK,NY10115 		N/A PC PROGRAMMING INITIATIVES 18,000
Total .................................right arrow 3a 13,357,760
bApproved for future payment

CONGREGATION KOL ISRAEL
603 ST JOHNS PLACE
BROOKLYN,NY11238 		N/A PC CAPITAL CAMPAIGN 158,642

WLASTQ LLC
4514 CONNECTICUT AVENUE NW
WASHINGTON DC,DC20008 		N/A PC PROGRAMMING INITIATIVES 84,000

YESHIVA UNIVERSITY
500 W 185TH ST
NEW YORK,NY10033 		N/A PC PROGRAMMING INITIATIVES 50,000
Total ................................. right arrow 3b 292,642
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 32,255  
4 Dividends and interest from securities ....     14 1,988,814  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,400,810  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 1,014,487 18 7,919,600  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFOREIGN CURRENCY LOSS 		    01 -9,485  
bPASSTHROUGH K-1 INCOME/LOSS 901101 623,158 14 3,023,550  
cSTATE TAX REFUNDS     01 11,468  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 1,637,645 14,367,012 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,004,657
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDIT AND TAX PREPARATION 106,400 53,200   53,200

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TY 2024 ExpenditureResponsibilityStmt
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
1210 SCOTT STREET INC
  		1015 PARK AVENUE
NEW YORK,NY100280904 		2024-12-31 202,000 TO ENSURE THAT JEWISH CULTURE IS PRESERVED AND STRENGTHENED THROUGH STUDY AND PRACTICE 202,000 NONE 1/31/25   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.
KEREN KESHET (ISRAEL)
  		44 KING GEORGE STREET
JERUSALEM   94252
IS 		2024-12-31 1,529,146 GENERAL SUPPORT GRANT 1,529,146 NONE 1/31/25   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.
THE AVI CHAI FOUNDATION
  		1015 PARK AVENUE
NEW YORK,NY100280904 		2024-12-31 42,895 GRANTS THE FREE USE OF A PROPERTY IN JERUSALEM, TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE ORGANIZATION. 42,895 NONE 1/31/25   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.
1210 SCOTT STREET INC
  		1015 PARK AVENUE
NEW YORK,NY100280904 		2023-12-31 508,517 TO ENSURE THAT JEWISH CULTURE IS PRESERVED AND STRENGTHENED THROUGH STUDY AND PRACTICE 508,517 NONE 1/31/24   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.
KEREN KESHET (ISRAEL)
  		44 KING GEORGE STREET
JERUSALEM   94252
IS 		2023-12-31 1,612,916 GENERAL SUPPORT GRANT 1,612,916 NONE 1/31/24   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.
THE AVI CHAI FOUNDATION
  		1015 PARK AVENUE
NEW YORK,NY100280904 		2023-12-31 43,038 GRANTS THE FREE USE OF A PROPERTY IN JERUSALEM, TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE ORGANIZATION. 43,038 NONE 1/31/24   NO VERIFICATION WAS CONSIDERED NECESSARY TO BE PERFORMED.

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TY 2024 GainLossSaleOtherAssetsSch
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PASSTHROUGH K-1 CAPITAL GAIN/LOSS - UBTI   PURCHASED     1,014,487   COST 0 1,014,487  

TY 2024 InvestmentsCorpBondsSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE FIXED INCOME 2,724,215 2,724,215
CORPORATE FIXED INCOME (HIGH YIELD) 1,123,842 1,123,842

TY 2024 InvestmentsCorpStockSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Name of Stock End of Year Book Value End of Year Fair Market Value
ALPHABET INC-CL C 795,087 795,087
AMAZON.COM INC 1,076,985 1,076,985
APPLIED MATERIALS INC 154,173 154,173
APPLOVIN CORP-CLASS A 125,970 125,970
ARISTA NETWORKS INC 385,971 385,971
ASML HOLDING NV-NY REG SHS 103,269 103,269
ASTERA LABS INC 41,324 41,324
AXON ENTERPRISE INC 62,404 62,404
BERKSHIRE HATHAWAY INC-CL B NEW 1,849,382 1,849,382
BROADCOM INC 462,289 462,289
CADENCE DESIGN SYS INC 114,475 114,475
CBOE GLOBAL MARKETS INC 175,665 175,665
CELSIUS HOLDINGS INC 22,152 22,152
CHIPOTLE MEXICAN GRILL INC 157,504 157,504
COPART INC 312,087 312,087
COSTCO WHOLESALE CORP 466,381 466,381
DOW JONES GLOBAL SELECT REAL EST SECURITIES INDEX FD (SPDR) 215,951 215,951
ELI LILLY & CO 363,612 363,612
FERRARI NV 88,792 88,792
GENMAB A/S -SP AOR 66,387 66,387
GOLUB CAPITAL BDC INC 2,795,322 2,795,322
GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND 589,437 589,437
GS TACTICAL TILT OVERLAY FUND 309,060 309,060
HOME DEPOT INC 385,489 385,489
IDEXX LABORATORIES INC 140,570 140,570
INTUITIVE SURGICAL INC. 386,250 386,250
INVESCO SENIOR LOAN ETF 2,978,371 2,978,371
LULULEMON ATHLETICA INC 173,996 173,996
MANHATTAN ASSOCIATES INC 77,559 77,559
META PLATFORMS INC-CLASS A 807,418 807,418
MICROSOFT CORP 1,285,575 1,285,575
MONSTER BEVERAGE CORP 362,138 362,138
MOTOROLA SOLUTIONS INC 212,626 212,626
MSCI EAFE 100% HEDGED TO USD INDEX FUND (ISHARES) 1,397,471 1,397,471
NETFLIX INC 500,922 500,922
NIKE INC -CL B 61,747 61,747
NON-U.S. EQUITY 641,790 641,790
NVIDIA CORP 1,400,645 1,400,645
ON HOLDING AG-CLASS A 64,136 64,136
OTIS WORLDWIDE CORP 165,864 165,864
PRIVATE EQUITY MANAGERS (2023) 1,069,040 1,069,040
QUALCOMM INC 229,508 229,508
REDDIT INC-CL A 40,860 40,860
RUSSELL 2000 INDEX FUND (ISHARES) 492,741 492,741
S&P 500 INDEX FUND (VANGUARD) 6,172,068 6,172,068
SAIA INC 110,742 110,742
SERVICENOW INC 156,898 156,898
SHERWIN-WILLIAMS CO/THE 184,242 184,242
SHOPIFY INC - CLASS A 22,648 22,648
SPDR BLACKSTONE/GSO SEN LOAN 2,965,042 2,965,042
SYNOPSYSINC 98,528 98,528
TAIWAN SEMICONDUCTOR-SP ADA 121,061 121,061
TEXAS INSTRUMENTS INC 211,511 211,511
TRACTOR SUPPLY COMPANY 178,547 178,547
TREX COMPANY INC 50,392 50,392
U.S. EQUITY 1,396,356 1,396,356
UNITED RENTALS INC 60,582 60,582
UNITEDHEALTH GROUP INC 295,928 295,928
VANGUARD S&P 500 ETF 2,443,503 2,443,503
VEEVA SYSTEMS INC-CLASS A 218,870 218,870
VERISK ANALYTICS INC 130,554 130,554
VERTEX PHARMACEUTICALS INC 208,599 208,599
VISA INC - CLASS A SHARES 717,727 717,727
WATERS CORP 80,503 80,503
WEST PHARMACEUTICAL SERVICES 98,268 98,268
ZOETIS INC 210,831 210,831

TY 2024 InvestmentsOtherSchedule2
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALLIANCEBERNSTEIN DELAWARE BUSINESS TRUST-AB INTERNATIONAL RESEARCH INSIGHTS FMV 5,487,353 5,487,353
BAUPOST VALUE PARTNERS, LP - IV FMV 38,262,892 38,262,892
BOOTHBAY DIVERSIFIED ALPHA FUND LTD FMV 3,534,420 3,534,420
D PARTNERS II (CAYMAN) ANNEX FUND LP FMV 53,557 53,557
D. PARTNERS (BVI) L.P. FMV 23,563 23,563
D PARTNERS II (CAYMAN), L.P. FMV 126,507 126,507
FABRIC GLOBAL FMV 50,000 50,000
GOLUB CAPITAL PARTNERS INT'L 15, L.P FMV 5,145,954 5,145,954
HUDSON VEGAS INVESTMENT SPV, LLC FMV 178,339 178,339
INVESTMENT IN PRECIOUS METALS FMV 1,434,650 1,434,650
NEUROLIEF FMV 2,227,525 2,227,525
NOVO IDEA SOFTWARE LTD. FMV 1,000,055 1,000,055
POST CAPITAL EQUITY PARTNERS IV, LP FMV 229,815 229,815
ROUND HILL MUSIC ROYALTY FUND II LP FMV 5,141,214 5,141,214
ROUND HILL MUSIC ROYALTY FUND III LP FMV 2,810,999 2,810,999
SANDLER CAPITAL PARTNERS V FTE, L.P. FMV 49,145 49,145
SYMBIOTIC CAPITAL LIFE SCIENCE CREDIT FUND, L.P. FMV 1,469,521 1,469,521
TAMARIX CAPITAL PARTNERS II LP FMV 4,265,996 4,265,996
TAMARIX EQUITY PARTNERS LP FMV 4,330,150 4,330,150
V PARTNERS III (CAYMAN) LP FMV 533,823 533,823
VIOLA FINTECH II LP FMV 690,495 690,495
VIOLA OPPORTUNITY I LP FMV 1,051,288 1,051,288
VIOLA PARTNERS FUND 4 2013 FMV 5,701,637 5,701,637
VUNIVERSE INC. FMV 50,000 50,000

TY 2024 LandEtcSchedule2
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 2,105,194 0 2,105,194 2,105,194
BUILDINGS 22,499,732 6,423,850 16,075,882 16,075,882
BUILDING IMPROVEMENTS 7,099,168 4,941,663 2,157,505 2,157,505
EQUIPMENT 769,107 660,133 108,974 108,974
FURNITURE AND FIXTURES 1,810,323 1,204,495 605,828 605,828


TY 2024 LegalFeesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GENERAL GOVERNANCE AND COUNSEL 88,526 0   88,526


TY 2024 OtherAssetsSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
LOANS RECEIVABLE 5,456    
REFUND RECEIVABLE 122,952    
INVESTMENT IN FINDLAY PROPERTIES 60,402 60,402 60,402
ACCRUED DIVIDEND RECEIVABLE   1,126 1,126
INVESTMENT DISTRIBUTIONS RECEIVABLE   2,088,131 2,088,131
PREPAID INVESTMENT SUBSCRIPTIONS   7,500,000 7,500,000


TY 2024 OtherDecreasesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Description Amount
UNREALIZED FOREIGN CURRENCY LOSS 6,223


TY 2024 OtherExpensesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BUILDING MAINTENANCE & REPAIRS 187,885 0   187,885
INSURANCE 132,917 0   132,917
OFFICE AND OTHER EXPENSES 298,472 0   298,472
PASSTHROUGH K-1 EXPENSES 4,094,715 2,861,668   0
STATE FILING FEES 2,365 0   2,365
TELEPHONE AND UTILITIES 138,423 0   138,423
WORKERS COMP INSURANCE & DBL 12,109 0   12,109


TY 2024 OtherIncomeSchedule2
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
SECURITIES LITIGATION 706,826 706,826 706,826
OTHER INVESTMENT INCOME 63,052 63,052 63,052
GOLUB DIVIDEND 630,932 630,932 630,932
FOREIGN CURRENCY LOSS -9,485 -9,485 -9,485
PASSTHROUGH K-1 INCOME/LOSS 3,646,708 2,788,375 3,646,708
STATE TAX REFUNDS 11,468   11,468


TY 2024 OtherIncreasesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Description Amount
UNREALIZED GAIN ON INVESTMENTS 8,381,166


TY 2024 OtherProfessionalFeesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PHILANTHROPIC AND OTHER CONSULTING 102,589 0   102,589
INVESTMENT MANAGEMENT FEES 3,755,445 47,636   0
PROPERTY MANAGEMENT FEES 31,390 0   31,390
KKI SERVICE FEES 348,940 0   348,940


TY 2024 TaxesSchedule
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REAL ESTATE TAXES 214,477 0   214,477
FOREIGN WITHHOLDING TAXES 380 380   0
FEDERAL TAXES 336,979 0   0
STATE TAXES 5,388 0   0


TY 2024 TransfersFrmControlledEntities
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Name US /
Foreign Address		 EIN Description Amount
FINDLAY PROPERTIES INC ADR TOWER 8TH FL SAMUEL LEWIS AVE 7
58TH ST
PANAMA CITY    
PM 		000000000 NONE 0
Total     0

TY 2024 TransfersToControlledEntities
Name:
KEREN KESHET - THE RAINBOW FOUNDATION
EIN:
13-4069592
Name US /
Foreign Address		 EIN Description Amount
FINDLAY PROPERTIES INC ADR TOWER 8TH FL SAMUEL LEWIS AVE 7
58TH ST
PANAMA CITY    
PM 		000000000 NONE 0
Total     0