Mohsin & Fauzia Jaffer Foundation Inc
- Assets
- $15.7m
- Revenue
- -$115.4k
- Investments
- $14.1m
- Employees
- 0
- Location
- Weston, FL
- Founding
- 10/2005
- Data as of
- 12/2023
- EIN
- 20-2965144
Organization Overview
Mohsin & Fauzia Jaffer Foundation Inc is located in Weston, FL. The organization was established in 2005. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mohsin & Fauzia Jaffer Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Mohsin & Fauzia Jaffer Foundation Inc has awarded 169 individual grants totaling $10,779,782. 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 |
|---|---|---|---|
Mohsin Jaffer Director | 1 | $0 | |
Fauzia Jaffer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $240,637 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$371,043 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $284,178 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$115,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,443 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $563 |
| Total operating and administrative expenses | $53,006 |
| Contributions, gifts, grants paid | $2,202,699 |
| Total expenses and disbursements | $2,255,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,903 |
| Savings and temporary cash investments | $1,103,731 |
| 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 | $15,707,443 |
| 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, Mohsin & Fauzia Jaffer Foundation Inc has awarded $2,202,699 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ISLAMIC JAFFARIA ASSOCIATION PURPOSE: GENERAL | $11,300 |
JOURNALISM FUNDING PARTNERS PURPOSE: GENERAL | $10,000 |
NMB ORGANIZATION INC PURPOSE: GENERAL | $2,000 |
ROTARY CLUB OF WESTON PURPOSE: GENERAL | $39,795 |
ST JAMES UNITED METHODIST CHURCH PURPOSE: GENERAL | $500 |
THE WORLD FEDERATION OF KSIMC PURPOSE: GENERAL | $795,859 |