SAGINAW, MI

Durrani Foundation

Quick Facts

EIN: 261524363
Location: SAGINAW, MI
Category: Health
Total Assets: $3.7M
Annual Income: $10
IRS Ruling Year: 2008
Organization Type: Non-Operating Foundation
Principal Officer: % Naveed Mahfooz
Tax Deductibility: Contributions are deductible

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About This Foundation

Durrani Foundation is a private corporation based in SAGINAW, MI. The foundation received its IRS ruling in 2008. The principal officer is % Naveed Mahfooz. It holds total assets of $3.7M. Annual income is reported at $10. The foundation operates in the area of health. According to available records, Durrani Foundation has made 8 grants totaling $131K, with a median grant of $13K. Annual giving has decreased from $77K in 2020 to $23K in 2022. Individual grants have ranged from $3K to $60K, with an average award of $16K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Michigan and Texas. Contributions to this foundation are tax-deductible.

Frequently Asked Questions

What does Durrani Foundation fund?

Durrani Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MI, TX.

How much does Durrani Foundation give in grants?

Durrani Foundation has distributed a total of $131K across 8 grants. The median grant size is $13K, with an average of $16K. Individual grants have ranged from $3K to $60K.

How do I apply for a grant from Durrani Foundation?

Durrani Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (261524363) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.

Where is Durrani Foundation located?

Durrani Foundation is headquartered in SAGINAW, MI. While based in MI, the foundation distributes grants to organizations across 2 states.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$72K

2023-49%

Total Assets

$3.7M

2023+2%

Fair Market Value

$3.7M

2023

Net Worth

$3.1M

2023

Grants Paid

$28K

2023

Contributions

2023

Net Investment Income

2023

Distribution Amount

$173K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $10
Total Expenses: $72K
Exempt Purpose Expenses: $46K
Required Distribution: $173K
Undistributed Income: $173K
Total Liabilities: $565K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$131K

Average Grant

$16K

Median Grant

$13K

Unique Recipients

Most Common Grant

$3K

Grant Disbursements by Year

Grant Range

Min$3K

Max$60K

Median: $13K

Smallest grantLargest grant

Openness to New Grantees (2022)

of 2022 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

MI$122K (5)

TX$9K (3)

Past Grantees

Recipient	Location	Amount	Year
Islamic Center Of SaginawTO SUPPORT RELIGOUS OFFERINGS	Saginaw, MI	$20K	2022
Continous CharityPROVIDE INT-FREE LOANS & MENTORS	Irving, TX	$4K	2022
Great Lakes Health FoundationPROVIDE ABROAD ASSISTANCE	Saginaw, MI	$60K	2020