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Honest Foundation is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 2006. The principal officer is Fahd Al-Saghir. It holds total assets of $89K. Annual income is reported at $150K. Total assets have grown from $20K in 2011 to $89K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Michigan. According to available records, Honest Foundation has made 55 grants totaling $210K, with a median grant of $3K. Annual giving has grown from $45K in 2020 to $165K in 2022. Individual grants have ranged from N/A to $13K, with an average award of $4K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in Michigan, District of Columbia, Texas, which account for 80% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$5K
Average Grant
$3K
Largest Grant
$7K
Based on 13 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.
Honest Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in MI, DC, TX.
Honest Foundation has distributed a total of $210K across 55 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from N/A to $13K.
Honest Foundation typically selects its grantees rather than accepting unsolicited proposals.
Honest Foundation is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fahd Al-Saghir | PRESIDENT | $0 | $0 | N/A |
| Suha Sharbek | VIC-PRESI | $0 | $0 | N/A |
| Heba Al-Saghir | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$89K
Fair Market Value
N/A
Net Worth
$89K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
55
Total Giving
$210K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
28
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Helping HandCHARITY | Southfield, MI | $1K | 2022 |
| The Muslim Unity CenterCHARITY | Bloomfield Hills, MI | $13K | 2022 |
| Women For HumanityCHARITY | Bloomfield Hills, MI | $11K | 2022 |
| RahmaCHARITY | Beverly Hills, MI | $10K | 2022 |
| Pure Hands Yemen RelifeCHARITY | Plano, TX | $10K | 2022 |
| Syrian American Medical SocietyCHARITY | Washington, DC | $6K | 2022 |
| Nexon NammaCHARITY | Troy, MI | $5K | 2022 |
| Med GlobalCHARITY | Chicago Ridge, IL | $5K | 2022 |
| Syrian EmergencyCHARITY | Washington, DC | $5K | 2022 |
| Huda ClinicCHARITY | Detroit, MI | $3K | 2022 |
| MiftahCHARITY | Warren, MI | $3K | 2022 |
| IagdCHARITY | Rochester Hills, MI | $3K | 2022 |
| UpfCHARITY | Potomac Falls, VA | $2K | 2022 |
| Daytona MosqueCHARITY | Daytouna, FL | $1K | 2022 |
| Lunchgood IncCHARITY | Detroit, MI | $1K | 2022 |
| United HumanCHARITY | Houston, TX | $1K | 2022 |
| Oakland UniversityCHARITY | Auburn Hills, MI | $1K | 2022 |
| National Arab AmericanCHARITY | Troy, MI | $1K | 2022 |
| Network For GoodCHARITY | Washington, DC | $500 | 2022 |
| Center For Arab American PhilanthroEDUCATION | Dearborn, MI | $125 | 2022 |
| Bloofield FoundationCHARITY | Santa Monica, CA | $100 | 2022 |
| Mercy BakeryCHARITY | Detroit, MI | $5K | 2020 |
| Tawheed Center Novi AssociationCHARITY | Novi, MI | $5K | 2020 |
| Wayne State UniversityCHARITY | Detroit, MI | $5K | 2020 |
| Mercy Without LimitCHARITY | Overland, KS | $5K | 2020 |