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Khan Foundation is a private corporation based in SAGINAW, MI. The foundation received its IRS ruling in 2019. The principal officer is Abdul R Khan. It holds total assets of $539K. Annual income is reported at N/A. Total assets have grown from $425K in 2019 to $540K in 2023. The foundation is governed by 1 officer or trustee. Provide funding for the betterment of the saginaw community youth programs, training and education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, Khan Foundation has made 6 grants totaling $13K, with a median grant of $2K. Annual giving has decreased from $5K in 2021 to $1K in 2023. Grantmaking activity was highest in 2022 with $7K distributed across 2 grants. Individual grants have ranged from $150 to $5K, with an average award of $2K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and Michigan. Contributions to this foundation are tax-deductible.
Provide funding for the betterment of the saginaw community youth programs, training and education.
Expenses: $6K
Provide funding for the betterment of the saginaw community youth programs, training and education. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MA, MI.
Khan Foundation has distributed a total of $13K across 6 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $150 to $5K.
Khan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Khan Foundation is headquartered in SAGINAW, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abdul Khan | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$1K
Total Assets
$540K
Fair Market Value
$540K
Net Worth
$540K
Grants Paid
$1K
Contributions
$47K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$13K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
4
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Can CouncilCHARITABLE SUPPORT | Saginaw, MI | $900 | 2023 |
| The Well Of SaginawCHARITABLE SUPPORT | Saginaw, MI | $250 | 2023 |
| Dysimmune Diseases FoundationDONATION | Lexington, MA | $3K | 2022 |
| Sajida ParveenDONATION / SCHOLARSHIP | Saginaw, MI | $5K | 2021 |