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Kulsum Foundation Inc. is a private corporation based in WARREN, NJ. The foundation received its IRS ruling in 2018. The principal officer is Mohamed Husain. It holds total assets of $694K. Annual income is reported at $22K. Total assets have grown from $413K in 2019 to $694K in 2024. The foundation is governed by 3 officers and trustees. Donations to qualified organizations to use it for educational support and help for needy student. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Kulsum Foundation Inc. has made 10 grants totaling $132K, with a median grant of $10K. Annual giving has grown from $57K in 2021 to $75K in 2022. Individual grants have ranged from $3K to $30K, with an average award of $13K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$20K
Based on 6 grants from the most recent 990-PF filing.
Donations to qualified organizations to use it for humanity and help for needy people
Donations to qualified organizations to use it for educational support and help for needy student. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NJ.
Kulsum Foundation Inc. has distributed a total of $132K across 10 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $3K to $30K.
Kulsum Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kulsum Foundation Inc. is headquartered in WARREN, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abid Husain | TRUSTEE | $0 | $0 | N/A |
| Rubab Husain | TRUSTEE | $0 | $0 | N/A |
| Saleem Husain | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$694K
Fair Market Value
N/A
Net Worth
$694K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$132K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jfk University MedicalGENERAL SUPPORT | Edison, NJ | $30K | 2022 |
| Anjuman E BurhaniGENERAL SUPPORT | Warren, NJ | $8K | 2022 |
| Rutgers UniversityGENERAL SUPPORT | Watchung, NJ | $20K | 2021 |
| Lustgarten FoundationGENERAL SUPPORT | Watchung, NJ | $10K | 2021 |
| Masjid Al WaliGENERAL SUPPORT | Watchung, NJ | $5K | 2021 |
| Shukre Ilahi ScholarshipGENERAL SUPPORT | Watchung, NJ | $3K | 2021 |