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Waqf Endowment Fund is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 1997. The principal officer is % Omar S Alfi. It holds total assets of $10.2M. Annual income is reported at $71K. Further the Educational & Religous purposes of Islam by making Grants to select Islamic Organizations in Southern California & incurring direct charitable expenditures in So Cal. According to available records, Waqf Endowment Fund has made 34 grants totaling $703K, with a median grant of $15K. Annual giving has decreased from $303K in 2020 to $97K in 2023. Individual grants have ranged from $3K to $203K, with an average award of $21K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Further the Educational & Religous purposes of Islam by making Grants to select Islamic Organizations in Southern California & incurring direct charitable expenditures in So Cal
Expenses: $100K
Further the Educational & Religous purposes of Islam by making Grants to select Islamic Organizations in Southern California & incurring direct charitable expenditures in So Cal. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in CA.
Waqf Endowment Fund has distributed a total of $703K across 34 grants. The median grant size is $15K, with an average of $21K. Individual grants have ranged from $3K to $203K.
Waqf Endowment Fund typically selects its grantees rather than accepting unsolicited proposals.
Waqf Endowment Fund is headquartered in PASADENA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Iman Eletreby | Secretary | $0 | $0 | $0 |
| Vedad Zaimovic | CFO | $0 | $0 | $0 |
| Hala Alfi | Chairman | $0 | $0 | $0 |
| Aqueela Jaffer | Vice Chairman | $0 | $0 | $0 |
| Amre Youness | Director | $0 | $0 | $0 |
| Ahmed Alfi |
Total Giving
$157K
Total Assets
$10.3M
Fair Market Value
$13.1M
Net Worth
$10.3M
Grants Paid
$97K
Contributions
$0
Net Investment Income
$47K
Distribution Amount
$134K
Total: $256K
Total Grants
34
Total Giving
$703K
Average Grant
$21K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MpacFurther Islamic Education | Los Angeles, CA | $5K | 2023 |
| New Horizons School - PasadenaFurther Islamic Education | Pasadena, CA | $28K | 2023 |
| New Horizons School - West LaFurther Islamic Education | Los Angeles, CA | $28K | 2023 |
| New Horizons School - IrvineFurther Islamic Education | Irvine, CA | $25K | 2023 |
| New Horizons School - Los AngelesFurther Islamic Education | Los Angeles, CA |
| Director |
| $0 |
| $0 |
| $0 |
| $15K |
| 2023 |
| BiaeFurther Islamic Education | Los Angeles, CA | $-2,695 | 2023 |
| Islamic Center Of Southern CaliforniaProvide Burial Plots | Los Angeles, CA | $30K | 2022 |
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