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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. The foundation is governed by 6 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in California. 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.
Smallest Grant
$3K
Median Grant
$15K
Average Grant
$14K
Largest Grant
$40K
Based on 7 grants from the most recent 990-PF filing.
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 | N/A |
| Vedad Zaimovic | CFO | $0 | $0 | N/A |
| Hala Alfi | Chairman | $0 | $0 | N/A |
| Aqueela Jaffer | Vice Chairman | $0 | $0 | N/A |
| Amre Youness | Director | $0 | $0 | N/A |
| Ahmed Alfi | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.2M
Fair Market Value
N/A
Net Worth
$10.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| 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 | $15K | 2023 |
| MpacFurther Islamic Education | Los Angeles, CA | $5K | 2023 |
| BiaeFurther Islamic Education | Los Angeles, CA | N/A | 2023 |
| Islamic Center Of Southern CaliforniaProvide Burial Plots | Los Angeles, CA | $30K | 2022 |