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Raquib Family Waqf Foundation is a private corporation based in VESTAVIA, AL. The foundation received its IRS ruling in 2014. The principal officer is Farouk Raquib. It holds total assets of $759K. Annual income is reported at $241K. Total assets have grown from $264K in 2013 to $813K in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2022. The foundation primarily funds organizations in District of Columbia, Georgia and Illinois. According to available records, Raquib Family Waqf Foundation has made 5 grants totaling $60K, with a median grant of $5K. Individual grants have ranged from $5K to $30K, with an average award of $12K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Mississippi, Virginia, Pennsylvania, which account for 60% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$7K
Average Grant
$17K
Largest Grant
$40K
Based on 3 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.
Raquib Family Waqf Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MS, VA, PA.
Raquib Family Waqf Foundation has distributed a total of $60K across 5 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $5K to $30K.
Raquib Family Waqf Foundation typically selects its grantees rather than accepting unsolicited proposals.
Raquib Family Waqf Foundation is headquartered in VESTAVIA, AL. While based in AL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nasima Raquib | TRUSTEE | $0 | $0 | N/A |
| Farouk Raquib | SETTLOR AND TRUSTEE | $0 | $0 | N/A |
| Riazul Raquib | TRUSTEE | $0 | $0 | N/A |
| Khadijah Raquib | TRUSTEE | $0 | $0 | N/A |
| Aishah Raquib | TRUSTEE | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$813K
Fair Market Value
$756K
Net Worth
$813K
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$43K
Total: N/A
Total Grants
5
Total Giving
$60K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Islamic Center Of Mississippi At StarkvilleDONATION TOWARDS THE ISLAMIC CENTER OF STARKVILLE. | Starkville, MS | $30K | 2022 |
| Unity Productions FoundationTO PROVIDE FOR THE CONSULTATION OF SERIES IN HOLLYWOOD, HELPING THEM GO FROM STEREOTYPICAL TO COMPASSIONATE PORTRAYALS OF MUSLIMS. | Virginia, VA | $15K | 2022 |
| Faith Unity IncTO HELP STUDENTS OF THE QURAN TO MEET THEIR EDUCATIONAL GOALS AND FOR MAKING A POSITIVE DIFFERENCE TOWARDS A BRIGHTER FUTURE. | Bensalem, PA | $5K | 2022 |
| Nagamia Institute Of Islamic Medicine And SciencesTO BUILD BRIDGES FROM THE PAST, PRESENT, AND FUTURE IN ISLAMIC MEDICINE, SCIENCE, PHILOSOPHY, ART AND CULTURE. | Rolling Meadows, IL | $5K | 2022 |
| Center Of Muslim Life MdMENTORSHIP & COUNSELING | Gaithersburg, MD | $5K | 2022 |