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Path Welfare Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2022. The principal officer is Muhammad F Khandaker. It holds total assets of $64K. Annual income is reported at $23K. Total assets have grown from $12K in 2020 to $46K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Path Welfare Foundation Inc. has made 2 grants totaling $6K, with a median grant of $3K. Annual giving has grown from $2K in 2022 to $4K in 2023. Individual grants have ranged from $2K to $4K, with an average award of $3K. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
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.
Path Welfare Foundation Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in GA.
Path Welfare Foundation Inc. has distributed a total of $6K across 2 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Path Welfare Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Path Welfare Foundation Inc. is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ahmed Abdulla | DIRECTOR | $0 | $0 | N/A |
| Nayeem Bashar | DIRECTOR | $0 | $0 | N/A |
| Muhammad F Khandakar | DIRECTOR | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$46K
Fair Market Value
$46K
Net Worth
$46K
Grants Paid
$4K
Contributions
$20K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
2
Total Giving
$6K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
1
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Al-Maad Al-Islami IncSocial activities and services | Atlanta, GA | $4K | 2023 |