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Aouni Faks Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2002. The principal officer is Ibrahim Faks. It holds total assets of $907K. Annual income is reported at $280K. Total assets have grown from $536K in 2011 to $907K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in New York. According to available records, Aouni Faks Foundation has made 13 grants totaling $335K, with a median grant of $26K. Annual giving has grown from $46K in 2020 to $168K in 2023. Individual grants have ranged from $5K to $102K, with an average award of $26K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$7K
Average Grant
$13K
Largest Grant
$27K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Aouni Faks Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Aouni Faks Foundation has distributed a total of $335K across 13 grants. The median grant size is $26K, with an average of $26K. Individual grants have ranged from $5K to $102K.
Aouni Faks Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aouni Faks Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Faks | Treasurer | $0 | $0 | N/A |
| Ibrahim Faks | Vice President | $0 | $0 | N/A |
| Freddy Faks | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$907K
Fair Market Value
N/A
Net Worth
$907K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$335K
Average Grant
$26K
Median Grant
$26K
Unique Recipients
7
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Magen David YeshivaFUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES | Brooklyn, NY | $102K | 2023 |
| Yeshivat Darche Eres IncFUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES | Brooklyn, NY | $40K | 2023 |
| Yeshiva Shaarei TorahFUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES | Suffern, NY | $26K | 2023 |
| Sephardic Lebanese Congregation IncHELP A SYNAGOGUE WITH ITS BUDGET | Brooklyn, NY | $33K | 2022 |
| Yeshivat Shmuel HechelFUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES | Brooklyn, NY | $8K | 2022 |
| Ahi Ezer CongregationHELP A SYNAGOGUE WITH ITS BUDGET | Brooklyn, NY | $5K | 2021 |
| Yesod HatorahFUNDS FOR EDUCATIONAL INSTITUTIONS AND THEIR ACTIVITIES | Lakewood, NJ | $8K | 2020 |