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Jhass Foundation is a private corporation based in LOS GATOS, CA. The foundation received its IRS ruling in 2001. The principal officer is Joseph Hassoun. It holds total assets of $2.4M. Annual income is reported at $29M. Total assets have grown from $53K in 2010 to $778K in 2022. The foundation is governed by 2 officers and trustees. Construction of a water well in bangledesh. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, Jhass Foundation has made 6 grants totaling $27K, with a median grant of $4K. Annual giving has grown from $260 in 2020 to $2K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 2 grants. Individual grants have ranged from $100 to $10K, with an average award of $5K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and District of Columbia. Contributions to this foundation are tax-deductible.
Construction of a water well in rural africa
Expenses: $13K
Construction of a water well in bangledesh. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, DC.
Jhass Foundation has distributed a total of $27K across 6 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $100 to $10K.
Jhass Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jhass Foundation is headquartered in LOS GATOS, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Hassoun | PRESIDENT | $0 | $0 | N/A |
| May Alhariri | SECRETARY | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$778K
Fair Market Value
$1.4M
Net Worth
$763K
Grants Paid
$2K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
N/A
Total: $618K
Total Grants
6
Total Giving
$27K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| UnicefFOOD, CLOTHING, SHELTER FOR THE NEEDY | New York, NY | $2K | 2023 |
| UnrwaFOOD, CLOTHING, SHELTER FOR EARTHQUAKE VICTIMS | Washington, DC | $100 | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA