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Elizabeth And Joseph Massoud Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $10.3M. Annual income is reported at $1.7M. Total assets have grown from $2.6M in 2013 to $11.2M in 2023. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in Connecticut and California. According to available records, Elizabeth And Joseph Massoud Family Foundation has made 100 grants totaling $2.7M, with a median grant of $5K. Annual giving has grown from $516K in 2020 to $2.2M in 2022. Individual grants have ranged from $300 to $643K, with an average award of $27K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in California, Connecticut, Massachusetts, which account for 87% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$5K
Average Grant
$37K
Largest Grant
$643K
Based on 30 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.
Elizabeth And Joseph Massoud Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 100 grants. Its grantmaking reaches organizations primarily in CA, CT, MA.
Elizabeth And Joseph Massoud Family Foundation has distributed a total of $2.7M across 100 grants. The median grant size is $5K, with an average of $27K. Individual grants have ranged from $300 to $643K.
Elizabeth And Joseph Massoud Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Elizabeth And Joseph Massoud Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Allman Massoud | Dir, VP | $0 | $0 | N/A |
| Ihab Joseph Massoud | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$11.2M
Fair Market Value
$13.4M
Net Worth
$11.2M
Grants Paid
$1.2M
Contributions
$2.1M
Net Investment Income
$525K
Distribution Amount
$581K
Total Grants
100
Total Giving
$2.7M
Average Grant
$27K
Median Grant
$5K
Unique Recipients
39
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Claremont Mckenna CollegeMassoud Family Fund | Claremont, CA | $643K | 2022 |
| Bridgeport Rescue Mission IncMassoud Family Life Change Center | Bridgeport, CT | $75K | 2022 |
| Childrens Hospital Corporationin support of a cardiac fellowship in the Heart Center at Boston Children's Hospital | Boston, MA | $75K | 2022 |
| Christian Herald Assn Inc - The Bowery MissionCapital Campaign | New York, NY | $33K | 2022 |
| Homes With Hope IncStand Up Comedy Event | Westport, CT | $30K | 2022 |
| Staples High School Tuition Grants Committee IncMassoud Family Scholarship Fund | Westport, CT | $25K | 2022 |
| Christ The Good Shepherd American Coptic OrthodoxChrist the Good Shepherd Coptic Church - Long Beach, CA | Pomona, CA | $20K | 2022 |
| Connecticut Institute For Refugees And ImmigrantsGeneral & Unrestricted | Bridgeport, CT | $15K | 2022 |
| Habitat For Humanity Of Coastal Fairfield County ICharitable Event | Bridgeport, CT | $10K | 2022 |
| Democracy Forward FoundationGeneral & Unrestricted | Washington, DC | $10K | 2022 |
| Orange County Community FoundationThe TK Foundation Spirit Fund | Newport Beach, CA | $10K | 2022 |
| Love146 IncPrevention Education | New Haven, CT | $10K | 2022 |
| Adam J Lewis Academy IncGeneral & Unrestricted | Bridgeport, CT | $5K | 2022 |
| Families Network Of Western Connecticut IncGeneral & Unrestricted | Danbury, CT | $5K | 2022 |
| Food Rescue Us IncGeneral & Unrestricted | Stamford, CT | $5K | 2022 |
| Social Venture Partners Connecticut IncGeneral & Unrestricted | Westport, CT | $5K | 2022 |
| Bridgeport Neighborhood Trust IncCharitable Event | Bridgeport, CT | $5K | 2022 |
| Victims First IncCharitable Event | Chino Hills, CA | $5K | 2022 |
| Big Brothers Big Sisters Of Connecticut IncCharitable Event | Hartford, CT | $4K | 2022 |
| Rachs Hope IncGeneral & Unrestricted | Westport, CT | $3K | 2022 |
| Integrated Refugee & Immigrant Services IncGeneral & Unrestricted | New Haven, CT | $3K | 2022 |