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R&B Abbasi Foundation Inc. is a private corporation based in BELLE MEAD, NJ. The foundation received its IRS ruling in 2016. It holds total assets of $124K. Annual income is reported at $527K. The foundation operates in the area of philanthropy & grantmaking. According to available records, R&B Abbasi Foundation Inc. has made 61 grants totaling $821K, with a median grant of $10K. Annual giving has grown from $117K in 2021 to $213K in 2023. Grantmaking activity was highest in 2022 with $491K distributed across 32 grants. Individual grants have ranged from $700 to $66K, with an average award of $13K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in New Jersey, California, Pennsylvania, which account for 69% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
R&B Abbasi Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NJ, CA, PA.
R&B Abbasi Foundation Inc. has distributed a total of $821K across 61 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $700 to $66K.
R&B Abbasi Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
R&B Abbasi Foundation Inc. is headquartered in BELLE MEAD, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bilquis Abbasi | CHAIR, BOARD OF TRUSTEES | $0 | $0 | $0 |
| Muhammad Rashid Abbasi | VICE CHAIR, BOARD OF TRUST | $0 | $0 | $0 |
| Sabah Abbasi | TREASURER, BOARD OF TRUSTE | $0 | $0 | $0 |
| Omar Abbasi | SECRETARY, BOARD OF TRUSTE | $0 | $0 | $0 |
Total Giving
$217K
Total Assets
$29K
Fair Market Value
$29K
Net Worth
$29K
Grants Paid
$213K
Contributions
$105K
Net Investment Income
$43K
Distribution Amount
$0
Total: $164
Total Grants
61
Total Giving
$821K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
25
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Zaytuna CollegeDONATION | Berkeley, CA | $66K | 2023 |
| New Brunswick Islamic CenterDONATION | Brunswick, NJ | $36K | 2023 |
| Al-MaqasidDONATION | Macungie, PA | $30K | 2023 |
| Masjid Muhammad Of Atlantic CityDONATION | Atlantic City, NJ | $25K | 2023 |
| Noor-Ul-Iman SchoolDONATION | Monomouth Junction, NJ | $10K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Al Shifa FoundationDONATION |
| Princeton, NJ |
| $10K |
| 2023 |
| Imran Khan Cancer AppealDONATION | Bradford | $10K | 2023 |
| Muslim Center Of Greater PrincetonDONATION | West Windsor Township, NJ | $5K | 2023 |
| Medina Community ClinicDONATION | Trenton, NJ | $5K | 2023 |
| The Muslim ProjectDONATION | North Brunswick, NJ | $5K | 2023 |
| Al Madina FoundationDONATION | Columbia, MD | $5K | 2023 |
| Princeton UniversityDONATION | Princeton, NJ | $3K | 2023 |
| Center Of Islamic Life At Rutgers UniversityDONATION | Burnswick, NJ | $2K | 2023 |
| Pakistan Children Heart Foundation North America (Pchfna)DONATION | Scarsdale, NY | $1K | 2023 |
| Eb Shaukat Khanum FundDONATION | Farmington, CT | $700 | 2023 |
| Safina FoundationDONATION | N Brunswick, NJ | $50K | 2022 |
| United Production FoundationDONATION | Potomac Falls, VA | $25K | 2022 |
| Pillars Of PeaceDONATION | New York, NY | $10K | 2022 |
| Al-Madina InstituteDONATION | Duluth, GA | $5K | 2022 |
| Al Falah CenterDONATION | Bridgewater Township, NJ | $5K | 2022 |
| A Continuous CharityDONATION | Irving, TX | $2K | 2022 |
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