The New York State Capitol

Form 990-PFTax year 2020EIN 45-5216022

Michael Racanelli Forever Young Foundation

A private foundation in Brightwaters, NY. Its return for tax year 2020 lists 4 grants and $2,750 paid in grants.

Tax year 2020 (period ending Dec 31, 2020), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests. It still lists the details below.

Contact person
On file
Phone
On file
Email
On file
Mailing address
On file

Contact person, phone, email and mailing address on file. See them with a plan.

Assets and giving by year

3 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2020

    $2,750

    Grants listed
    4
    Assets, end of year
    $72,266
  • Tax year 2019

    $5,000

    Grants listed
    3
    Assets, end of year
    $76,835
  • Tax year 2018

    $3,850

    Grants listed
    4
    Assets, end of year
    $76,965

Grants paid in 2020

4 grants, largest first

As listed on the return.

  1. Mission BeMountain View, CA

    Donation/contribution

    $1,000
  2. Train for the AmUsa, NY

    Donation/contribution

    $1,000
  3. St PatricksBay Shore, NY

    Donation/contribution

    $500
  4. American Heart AssociationDallas, TX

    Donantion/contribution

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Health1 grant $250100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York3 grants $1,750
  2. California1 grant $1,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Barbara RacanelliDIRECTOR Hours 0Pay $0
  • Michael RacanelliTRUSTEE Hours 0Pay $0
  • Nicholas RacanelliDIRECTOR Hours 0Pay $0
  • Matthew RacanelliDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

Same main cause (health), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Clement Naggar Ah Foundation IncorporatedBrooklyn, NY 7 grants Preselected only $2,777 giving
  2. William Merwin TR FBO United Health ServicesNorwich, NY 1 grant Preselected only $2,681 giving
  3. New York Dental Alliance UfpcNew York, NY 1 grant Preselected only $3,000 giving
  4. Chambersburg Hospital Ta Diehl TrustBuffalo, NY 1 grant Preselected only $3,010 giving
  5. Wellington Foundation IncNew York, NY 1 grant Preselected only $2,512 giving