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The Khimji Foundation is a private trust based in IRVING, TX. The foundation received its IRS ruling in 2017. It holds total assets of $67.7M. Annual income is reported at $34.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Khimji Foundation has made 18 grants totaling $6.2M, with a median grant of $17K. Annual giving has decreased from $2.8M in 2020 to $23K in 2023. Grantmaking activity was highest in 2022 with $3.4M distributed across 6 grants. Individual grants have ranged from $1K to $1.6M, with an average award of $342K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in District of Columbia, Texas, New York, which account for 72% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Khimji Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in DC, TX, NY.
The Khimji Foundation has distributed a total of $6.2M across 18 grants. The median grant size is $17K, with an average of $342K. Individual grants have ranged from $1K to $1.6M.
The Khimji Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Khimji Foundation is headquartered in IRVING, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Naznin Khimji | TRUSTEE | $0 | $0 | $0 |
| Rickey Whitworth | TRUSTEE | $0 | $0 | $0 |
| Mahmood Khimji | TRUSTEE | $0 | $0 | $0 |
Total Giving
$665K
Total Assets
$63.5M
Fair Market Value
$63.8M
Net Worth
$58.5M
Grants Paid
$23K
Contributions
$0
Net Investment Income
$5.6M
Distribution Amount
$2.9M
Total: $58M
Total Grants
18
Total Giving
$6.2M
Average Grant
$342K
Median Grant
$17K
Unique Recipients
11
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chai LifelineGENERAL PROGRAM SUPPORT | New York, NY | $3K | 2020 |
| Dallas Museum Of ArtGENERAL PROGRAM SUPPORT | Dallas, TX | $15K | 2023 |
| The Aga Khan MuseumGENERAL PROGRAM SUPPORT | North York | $5K | 2023 |
| HiasGENERAL PROGRAM SUPPORT | Silver Spring, MD | $4K | 2023 |
| The Aga Khan FoundationGENERAL PROGRAM SUPPORT | Washington, DC | $1M |
| 2022 |
| 160 E35 Owner IncIMPROVEMENTS TO PRAYER CENTER | Irving, TX | $671K | 2022 |
| Trinity SchoolGENERAL PROGRAM SUPPORT | New York, NY | $76K | 2020 |
| Columbia University Me InstituteGENERAL PROGRAM SUPPORT | New York, NY | $10K | 2020 |
| Met Museum DevelopmentGENERAL PROGRAM SUPPORT | New York, NY | $5K | 2020 |
| Ny City BalletGENERAL PROGRAM SUPPORT | New York, NY | $3K | 2020 |
| Mv4nyGENERAL PROGRAM SUPPORT | New York, NY | $1K | 2020 |
HOUSTON, TX
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