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Hammoud Foundation is a private corporation based in DEARBORN, MI. The foundation received its IRS ruling in 1997. The principal officer is Yasser Hammoud. It holds total assets of $6M. Annual income is reported at $324K. Total assets have grown from $1.4M in 2011 to $4.5M in 2023. 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 2016 to 2023. The foundation primarily funds organizations in Michigan, Tennessee and Indiana. According to available records, Hammoud Foundation has made 59 grants totaling $289K, with a median grant of $1K. Annual giving has decreased from $70K in 2020 to $35K in 2023. Grantmaking activity was highest in 2022 with $134K distributed across 28 grants. Individual grants have ranged from $500 to $28K, with an average award of $5K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Michigan, Florida, Tennessee, which account for 85% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$5K
Largest Grant
$17K
Based on 10 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.
Hammoud Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in MI, FL, TN.
Hammoud Foundation has distributed a total of $289K across 59 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $500 to $28K.
Hammoud Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hammoud Foundation is headquartered in DEARBORN, MI. While based in MI, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Taysir Hammoud | TREASURER | $0 | $0 | N/A |
| Susan Hammoud | VICE PRESIDENT | $0 | $0 | N/A |
| Yasser T Hammoud | PRESIDENT | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$4.5M
Fair Market Value
N/A
Net Worth
$4.5M
Grants Paid
N/A
Contributions
$275K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
59
Total Giving
$289K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
27
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seena AnkouniDONATION | Dearborn, MI | $21K | 2023 |
| Wayne State UniversityDONATION | Detroit, MI | $5K | 2023 |
| University Of MichiganEDUCATION | Dearborn, MI | $3K | 2023 |
| Kevin SaboEDUCATION | New Albany, OH | $1K | 2023 |
| Henry Ford CollegeEDUCATION | Dearborn, MI | $1K | 2023 |
| Zahra HarbDONATION | Dearborn Heights, MI | $1K | 2023 |
| Eastern Michigan UniversityEDUCATION | Marquette, MI | $1K | 2023 |
| St Jude Children Research HospitalDONATION | Memphis, TN | $1K | 2023 |
| Ohio State UniversityEDUCATION | Columbus, OH | $1K | 2023 |
| HypeDONATION | Dearborn Heights, MI | $500 | 2023 |
| Regents Of The University Of MichigEDUCATION | Ann Arbor, MI | $13K | 2022 |
| Florida State UniversityEDUCATION | Tallahassee, FL | $3K | 2022 |
| Schoolcraft CollegeEDUCATION | Livonia, MI | $1K | 2022 |
| ImecDONATION | Dickerson, MD | $1K | 2022 |
| Friend Of Foster KidsDONATION | Sterling Heights, MI | $1K | 2022 |
| Michigan State UniversityEDUCATION | East Lansing, MI | $1K | 2022 |
| Duke UniversityEDUCATION | Durham, NC | $1K | 2022 |
| Indiana University School Of DentisEDUCATION | Indianapolis, IN | $2K | 2021 |
| Lansing Community College ResearchEDUCATION | Lansing, MI | $1K | 2021 |
| Siham AlboumaniEDUCATION | Dearborn Heights, MI | $1K | 2021 |
| Eternal Light OrganizationDONATION | Dearborn Heights, MI | $20K | 2020 |