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Giveaseed Foundation is a private corporation based in LISLE, IL. The foundation received its IRS ruling in 2019. The principal officer is % Alan Elshafei. It holds total assets of $6.6M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Giveaseed Foundation has made 64 grants totaling $398K, with a median grant of $4K. Annual giving has grown from $165K in 2022 to $233K in 2023. Individual grants have ranged from $100 to $45K, with an average award of $6K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in Illinois, Tennessee, Texas, which account for 81% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Giveaseed Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in IL, TN, TX.
Giveaseed Foundation has distributed a total of $398K across 64 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $100 to $45K.
Giveaseed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Giveaseed Foundation is headquartered in LISLE, IL. While based in IL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tom Golab | DIRECTOR | $0 | $0 | $0 |
| Alan Elshafei | PRESIDENT | $0 | $0 | $0 |
| Reem Elshafei | SECRETARY | $0 | $0 | $0 |
Total Giving
$247K
Total Assets
$5.6M
Fair Market Value
$5.6M
Net Worth
$5.6M
Grants Paid
$230K
Contributions
$500K
Net Investment Income
$122K
Distribution Amount
$0
Total: $5M
Total Grants
64
Total Giving
$398K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
28
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Edwards FoundationGENERAL SUPPORT | Naperville, IL | $5K | 2023 |
| Sandy HookGENERAL SUPPORT | Newtown, CT | $100 | 2023 |
| Almutahaboun Fil Laah IncGENERAL SUPPORT | Orland Park, IL | $45K | 2023 |
| Icna Releif UsaGENERAL SUPPORT | Glendale Heights, IL | $20K | 2023 |
| Islamic Center Of NapervilleGENERAL SUPPORT |
| Naperville, IL |
| $8K |
| 2023 |
| Chicago Islamic CenterGENERAL SUPPORT | Chicago, IL | $5K | 2023 |
| Icna ReliefGENERAL SUPPORT | Glendale Heights, IL | $5K | 2023 |
| Alsac - St JudeGENERAL SUPPORT | Memphis, TN | $5K | 2023 |
| Innercity Muslim Action NetworkGENERAL SUPPORT | Chicago, IL | $5K | 2023 |
| Guidance CollegeGENERAL SUPPORT | Houston, TX | $5K | 2023 |
| United Holy Land FundGENERAL SUPPORT | Burbank, IL | $3K | 2023 |
| University Of DenverGENERAL SUPPORT | Denver, CO | $3K | 2023 |
| Palestine Children'S Relief FundGENERAL SUPPORT | Kent, OH | $3K | 2023 |
| Illinois Muslim Chamber Of CommerceGENERAL SUPPORT | Naperville, IL | $1K | 2023 |
| Fry Family YmacGENERAL SUPPORT | Naperville, IL | $1K | 2023 |
| Madian CommunityGENERAL SUPPORT | Naperville, IL | $300 | 2023 |
| United Holyland FundGENERAL SUPPORT | Burbank, IL | $10K | 2022 |
| Islamic Center Of WheatonGENERAL SUPPORT | Wheaton, IL | $5K | 2022 |
| IfswsGENERAL SUPPORT | Plainfield, IL | $5K | 2022 |
| Prayer Center Of Orland ParkGENERAL SUPPORT | Orland Park, IL | $5K | 2022 |
| Alnanda CenterGENERAL SUPPORT | Worth, IL | $3K | 2022 |
| American University Of BeirutGENERAL SUPPORT | New York, NY | $3K | 2022 |
| Institute For CommunityGENERAL SUPPORT | Romeoville, IL | $2K | 2022 |
| Family & Youth InstituteGENERAL SUPPORT | Canton, MI | $2K | 2022 |
| Al-Nahda CenterGENERAL SUPPORT | Worth, IL | $1K | 2022 |
| Torrey ProjectGENERAL SUPPORT | San Diego, CA | $1K | 2022 |
| 413 IncGENERAL SUPPORT | Aurora, IL | $500 | 2022 |
| St Jude Children'S HospitalGENERAL SUPPORT | Memphis, TN | $100 | 2022 |
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