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The Imdad & Sitara Khan Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2004. The principal officer is Foundation Source. It holds total assets of $3M. Annual income is reported at $631K. Total assets have grown from $1.6M in 2011 to $3.1M in 2023. The foundation is governed by 4 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 2015 to 2023. According to available records, The Imdad & Sitara Khan Family Foundation has made 4 grants totaling $488K, with a median grant of $136K. Annual giving has grown from $200K in 2020 to $273K in 2022. Individual grants have ranged from $15K to $200K, with an average award of $122K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and New Jersey. 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.
The Imdad & Sitara Khan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, NJ.
The Imdad & Sitara Khan Family Foundation has distributed a total of $488K across 4 grants. The median grant size is $136K, with an average of $122K. Individual grants have ranged from $15K to $200K.
The Imdad & Sitara Khan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Imdad & Sitara Khan Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sitara Khan | Dir, Pres, Sec | $0 | $0 | N/A |
| Seraj Ahmad | Dir | $0 | $0 | N/A |
| Mohammed Yousuf | Dir | $0 | $0 | N/A |
| Monica Y Khan | Dir, VP | $0 | $0 | N/A |
Total Giving
$192K
Total Assets
$3.1M
Fair Market Value
$3.5M
Net Worth
$3.1M
Grants Paid
$152K
Contributions
N/A
Net Investment Income
$63K
Distribution Amount
$163K
Total Grants
4
Total Giving
$488K
Average Grant
$122K
Median Grant
$136K
Unique Recipients
2
Most Common Grant
$136K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SpaandanbSpaandanB Scholarship | Santa Clara, CA | $136K | 2022 |
| Computer Literacy Program Volunteers For UnderprivCLP Project | Marlboro, NJ | $15K | 2021 |