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Majeed Foundation Inc. is a private corporation based in ST PETERSBURG, FL. The foundation received its IRS ruling in 2016. The principal officer is Kamal Majeed. It holds total assets of $18.9M. Annual income is reported at $3.1M. Total assets have grown from $1.9M in 2015 to $14.6M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Florida, Michigan and New Jersey. According to available records, Majeed Foundation Inc. has made 32 grants totaling $2.3M, with a median grant of $10K. Annual giving has grown from $351K in 2020 to $1.1M in 2023. Individual grants have ranged from $1K to $819K, with an average award of $71K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Florida, Michigan, Maryland, which account for 88% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$72K
Average Grant
$59K
Largest Grant
$102K
Based on 6 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.
Majeed Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in FL, MI, MD.
Majeed Foundation Inc. has distributed a total of $2.3M across 32 grants. The median grant size is $10K, with an average of $71K. Individual grants have ranged from $1K to $819K.
Majeed Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Majeed Foundation Inc. is headquartered in ST PETERSBURG, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kamal N Majeed | PRESIDENT | $0 | $0 | N/A |
| Najla T Majeed | SEC/TREAS | $0 | $0 | N/A |
| Christina M Majeed | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$14.6M
Fair Market Value
$14.6M
Net Worth
$14.6M
Grants Paid
$1.1M
Contributions
$2M
Net Investment Income
$229K
Distribution Amount
$599K
Total: $14.5M
Total Grants
32
Total Giving
$2.3M
Average Grant
$71K
Median Grant
$10K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Florida Botanical GardensSUPPORT PUBLIC GARDENS | Largo, FL | $819K | 2023 |
| City Of St PetersburgST PETE SPLASH PAD AND WALKWAY | St Petersburg, FL | $200K | 2023 |
| St Athanasius Syriac Orthodox ChurcSUPPORT MISSION | Tarpon Springs, FL | $11K | 2023 |
| Syriac Orthodox ArchdioceSUPPORT MISSION | Tarpon Springs, FL | $10K | 2023 |
| National Pediatric Cancer FoundatSUPPORT CANCER RESEARCH | Tampa, FL | $5K | 2023 |
| Infinity FoundationEDUCATION AND SCHOLORSHIPS | Highland Park, IL | $5K | 2023 |
| Florida Orchestra Guild St PetersbuSUPPORT INTEREST IN CLASSICAL MUSIC | St Petersburg, FL | $3K | 2023 |
| Foundation Fighting BlindnessSUPPORT MISSION TO FIGHT BLINDNESS | Columbia, MD | $2K | 2023 |
| Pinellas Community FoundationSUPPORT THE COMMUNITY | Clearwater, FL | $50K | 2022 |
| Waterfront Parks FoundationSUPPORT HISTORIC WATERFRONT PARKS | St Petersburg, FL | $50K | 2022 |
| The James Museum Of Western AndSUPPORT EDUCATIONAL PROGRAMS | St Petersburg, FL | $10K | 2022 |
| The Dali MuseumSUPPORT THEIR MISSION | St Petersburg, FL | $8K | 2022 |
| Samaritan'S PurseSUPPORT MISSION | Boone, NC | $5K | 2022 |
| Feeding Tampa BaySupport the community in the fight against hunger. | Tampa, FL | $102K | 2020 |
| St Matthew The Hermit ChurchSupport mission | Sterling Heights, MI | $100K | 2020 |
| St Peter And Paul Syrian Orthodox CSupport mission | Southfield, MI | $100K | 2020 |
| Usf FoundationSupport mission | Tampa, FL | $5K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL