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Ibn Al Haitham Endowment Fund Inc. is a private corporation based in VALPARAISO, IN. The foundation received its IRS ruling in 2010. The principal officer is % Jay Zabel & Associates Ltd. It holds total assets of $2.2M. Annual income is reported at $391K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ibn Al Haitham Endowment Fund Inc. has made 10 grants totaling $347K, with a median grant of $23K. Annual giving has grown from $43K in 2021 to $196K in 2023. Individual grants have ranged from $720 to $150K, with an average award of $35K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Indiana, District of Columbia, Michigan, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Ibn Al Haitham Endowment Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IN, DC, MI.
Ibn Al Haitham Endowment Fund Inc. has distributed a total of $347K across 10 grants. The median grant size is $23K, with an average of $35K. Individual grants have ranged from $720 to $150K.
Ibn Al Haitham Endowment Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ibn Al Haitham Endowment Fund Inc. is headquartered in VALPARAISO, IN. While based in IN, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dana Rifai | BOARD MEMBER | $0 | $0 | $0 |
| M Hytham Rifai | PRESIDENT | $0 | $0 | $0 |
| Nuha Rifai | BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$220K
Total Assets
$1.9M
Fair Market Value
$2.7M
Net Worth
$1.9M
Grants Paid
$196K
Contributions
$43K
Net Investment Income
$52K
Distribution Amount
$128K
Total Grants
10
Total Giving
$347K
Average Grant
$35K
Median Grant
$23K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rifai Institute IncGENERAL PURPOSES | Valparaiso, IN | $150K | 2023 |
| Raima Worldwide For Aid Raima Relief FoundationGENERAL PURPOSES | Beverly Hills, MI | $20K | 2023 |
| Reaching Across BordersGENERAL PURPOSES | Springfield, NY | $15K | 2023 |
| Syrian American Medical SocietyGENERAL PURPOSES | Washington, DC | $10K | 2023 |
| Jordan Islamic BankGENERAL PURPOSES | — | $720 | 2023 |
| Raima Worldwide For AidGENERAL PURPOSES | Beverly Hills, MI | $25K | 2022 |
| Basmet Amal For Humanitarian ReliefGENERAL PURPOSES | Crown Point, IN | $3K | 2021 |
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