King Hussein Foundation International
- Assets
- $1.0m
- Revenue
- $138.3k
- Investments
- $968.3k
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1981
- Data as of
- 12/2023
- EIN
- 13-3064429
Organization Overview
King Hussein Foundation International is located in New York, NY. The organization was established in 1981. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Hussein Foundation International 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, King Hussein Foundation International generated $138.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $368.3k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE KING HUSSEIN FOUNDATION INTERNATIONAL WAS FOUNDED TO BUILD ON HIS MAJESTY THE LATE KING HUSSEIN'S HUMANITARIAN VISION AND LEGACY IN JORDAN AND ABROAD THROUGH PROGRAMS THAT PROMOTE CROSS-CULTURAL DIALOGUE AND UNDERSTANDING AND ARE ADVANCING SOCIAL, ECONOMIC AND POLITICAL OPPORTUNITY THROUGHOUT THE MUSLIM AND ARAB WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KHFI IS THE SPONSOR OF GRANT PROGRAMS THAT INCREASE COMMUNICATION, PUBLICIZE AND PROMOTE PROJECTS THAT CONTINUE KING HUSSEIN'S COMMITMENT TO PEACE AND SUSTAINABLE DEVELOPMENT THROUGH EDUCATION, LEADERSHIP, HEALTH, DEMOCRACY AND THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Her Majesty Queen Noor Chairperson | 30 | $0 | |
Prince Firas Bin Ra'ad Trustee | 1 | $0 | |
Ms Camille Douglas Trustee | 1 | $0 | |
Ms Alexa Halaby Secretary/treasurer | 1 | $0 | |
Mr Talal Abu-Ghazaleh Trustee | 1 | $0 | |
Ms Samia Farouki Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,846 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,857 |
| Capital Gain Net Income | $108,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $560 |
| Printing and publications | $0 |
| Other expenses | $5,852 |
| Total operating and administrative expenses | $83,218 |
| Contributions, gifts, grants paid | $285,129 |
| Total expenses and disbursements | $368,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,461 |
| Savings and temporary cash investments | $10,107 |
| Net Accounts receivable | $3,507 |
| 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 | $197,257 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,010,357 |
| Accounts payable and accrued expenses | $9,033 |
| Grants payable | $50,000 |
| 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 | $59,033 |