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Al-Khatib Foundation is a private corporation based in NEWPORT COAST, CA. The foundation received its IRS ruling in 2012. The principal officer is % Ahmed Al-Khatib. It holds total assets of $772K. Annual income is reported at $747. THE FOUNDATION MAKES CONTRIBUTIONS TO PRESELECTED CHARITABLE ORGANIZATIONS. SEE PART XIV. According to available records, Al-Khatib Foundation has made 12 grants totaling $216K, with a median grant of $8K. Annual giving has decreased from $196K in 2022 to $20K in 2023. Individual grants have ranged from $1K to $77K, with an average award of $18K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and New Jersey. Contributions to this foundation are tax-deductible.
THE FOUNDATION MAKES CONTRIBUTIONS TO PRESELECTED CHARITABLE ORGANIZATIONS. SEE PART XIV.
THE FOUNDATION MAKES CONTRIBUTIONS TO PRESELECTED CHARITABLE ORGANIZATIONS. SEE PART XIV. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, NJ.
Al-Khatib Foundation has distributed a total of $216K across 12 grants. The median grant size is $8K, with an average of $18K. Individual grants have ranged from $1K to $77K.
Al-Khatib Foundation typically selects its grantees rather than accepting unsolicited proposals.
Al-Khatib Foundation is headquartered in NEWPORT COAST, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mona B Al-Khatib | SECRETARY | $0 | $0 | $0 |
| Ahmad Al-Khatib | PRESIDENT | $0 | $0 | $0 |
Total Giving
$76K
Total Assets
$861K
Fair Market Value
$861K
Net Worth
$861K
Grants Paid
$20K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$48K
Total Grants
12
Total Giving
$216K
Average Grant
$18K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carrington Charitable FoundationGENERAL FUND | Aliso Viejo, CA | $10K | 2023 |
| Cal Poly PomonaGENERAL FUND | Pomona, CA | $10K | 2023 |
| Sunrise UsaGENERAL FUND | Ramsey, NJ | $5K | 2022 |
| St Jude Maronite ChurchGENERAL FUND | West Covina, CA | $5K | 2022 |
| CureboundGENERAL FUND | San Diego, CA | $1K | 2022 |
PORT ST LUCIE, FL
SOUTHFIELD, MI
MISSION HILLS, CA
LANSDALE, PA
CORONA, CA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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