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Also known as: C/O KAMAL SYED
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Saaaks Foundation Inc. is a private corporation based in SOUTHLAKE, TX. The foundation received its IRS ruling in 2021. It holds total assets of $184K. Annual income is reported at $344K. Total assets have grown from $101K in 2019 to $184K in 2024. 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 2020 to 2024. The foundation primarily funds organizations in Texas, New York and California. According to available records, Saaaks Foundation Inc. has made 12 grants totaling $176K, with a median grant of $10K. Annual giving has grown from $46K in 2020 to $80K in 2022. Individual grants have ranged from $5K to $45K, with an average award of $15K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Texas, California, New Jersey, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$21K
Based on 4 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.
Saaaks Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX, CA, NJ.
Saaaks Foundation Inc. has distributed a total of $176K across 12 grants. The median grant size is $10K, with an average of $15K. Individual grants have ranged from $5K to $45K.
Saaaks Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Saaaks Foundation Inc. is headquartered in SOUTHLAKE, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kamal A Syed | PRESIDENT/SE | $0 | $0 | N/A |
| Samira K Syed | VICE PRESIDE | $0 | $0 | N/A |
| Ajaz K Syed | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$184K
Fair Market Value
N/A
Net Worth
$184K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$176K
Average Grant
$15K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Islamic Association Of Tarrant CtyOPERATING SUPPORT | Fort Worth, TX | $25K | 2022 |
| Zaytuna CollegeOPERATING SUPPORT | Berkeley, CA | $10K | 2022 |
| Friends Of Indus HospitalEMERGENCY FLOOD APPEAL | Teaneck, NJ | $5K | 2022 |
| Tarrant Area Food BankPROGRAM SUPPORT | Fort Worth, TX | $5K | 2021 |
| Doctors Without BordersPROGRAM SUPPORT | New York, NY | $5K | 2020 |
| Zaytuna College IncPROGRAM SUPPORT | Berkeley, CA | $5K | 2020 |