The Imdad & Sitara Khan Family Foundation
- Assets
- $3.1m
- Revenue
- $64.5k
- Investments
- $3.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 06-1706302
Organization Overview
The Imdad & Sitara Khan Family Foundation is located in Wilmington, DE. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imdad & Sitara Khan Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Imdad & Sitara Khan Family Foundation generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $191.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Imdad & Sitara Khan Family Foundation has awarded 12 individual grants totaling $425,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seraj Ahmad Dir | 1 | $0 | |
Monica Y Khan Dir, VP | 1 | $0 | |
Sitara Khan Dir, Pres, Sec | 1 | $0 | |
Mohammed Yousuf Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $87,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,599 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,563 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,525 |
| Total operating and administrative expenses | $39,527 |
| Contributions, gifts, grants paid | $152,000 |
| Total expenses and disbursements | $191,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,369 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,146,609 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Imdad & Sitara Khan Family Foundation has awarded $152,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AGAMI INC PURPOSE: SCHOOL PROJECT | $5,000 |
COMPUTER LITERACY PROGRAM VOLUNTEERS FOR UNDERPRIV PURPOSE: OPERATION OF ALL IMDAD & SITARA KHAN FAMILY FOUNDATION CENTERS | $25,000 |
EDUCATIONAL CHARITABLE AND HUMANITARIAN ORGANIZATI PURPOSE: ORPHANAGE WATER SANITATION | $10,000 |
EVERGREEN ISLAMIC CENTER PURPOSE: MAINTENANCE PROJECT | $5,000 |
GIVE DIGNITY INC PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
HUMANITY BEYOND BARRIERS INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |