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Badat Trust Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2022. The principal officer is Usman Badat. It holds total assets of $361K. Annual income is reported at $120K. 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 2022 to 2023. According to available records, Badat Trust Inc. has made 3 grants totaling $16K, with a median grant of $5K. Annual giving has decreased from $10K in 2022 to $6K in 2023. Individual grants have ranged from $5K to $6K, with an average award of $5K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
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.
Badat Trust Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in TX.
Badat Trust Inc. has distributed a total of $16K across 3 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $6K.
Badat Trust Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 12 31 2023. Charitable institutions operating in the greater houston area.
Badat Trust Inc. is headquartered in HOUSTON, TX.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$6K
Total Assets
$195K
Fair Market Value
$195K
Net Worth
$195K
Grants Paid
$6K
Contributions
$107K
Net Investment Income
N/A
Distribution Amount
$6K
Total Grants
3
Total Giving
$16K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Islamic Education Institute Of TxCHARITABLE CONTRIBUTION | Houston, TX | $6K | 2023 |
| Medina Burial CharityCharitable contribution for burial expenses | Houston, TX | $5K | 2022 |