Mohsin & Fauzia Jaffer Foundation Inc
- Assets
- $20.2m
- Revenue
- $16.1m
- Investments
- $16.1m
- Employees
- 0
- Location
- Weston, FL
- Founding
- 10/2005
- Data as of
- 12/2021
- 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.
For the year ending 12/2021, Mohsin & Fauzia Jaffer Foundation Inc generated $16.1m in total revenue. All expenses for the organization totaled $821.3k during the year ending 12/2021.
Since 2014, Mohsin & Fauzia Jaffer Foundation Inc has awarded 161 individual grants totaling $8,875,326. 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 | $15,263,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $109,560 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $731,752 |
| Capital Gain Net Income | $731,752 |
| Net ST Capital Gain | $632,620 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,104,312 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $489 |
| Depreciation | $0 |
| Occupancy | $145 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,977 |
| Total operating and administrative expenses | $41,611 |
| Contributions, gifts, grants paid | $779,725 |
| Total expenses and disbursements | $821,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,014 |
| Savings and temporary cash investments | $3,803,322 |
| 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 | $20,215,830 |
| 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 $779,725 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
THE WORLD FEDERATION OF KSIMC PURPOSE: GENERAL | $447,040 |
Miami, FL PURPOSE: EDUCATION | $120,000 |
ISLAMIC JAFFARIA ASSOCIATION PURPOSE: GENERAL | $34,075 |
Denver, CO PURPOSE: GENERAL | $30,000 |
SAMIRACO LIMITED PURPOSE: GENERAL | $30,000 |
ROTARY CLUB OF WESTON PURPOSE: GENERAL | $25,810 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |
All Star Childrens Foundation Inc Sarasota, FL | $12,316,461 | $3,561,174 |
Point Gammon Foundation Palm Beach, FL | $4,923,051 | $4,318,443 |
The Charlie & Moll Anderson Foundation Florence, AL | $11,730,320 | $5,057,663 |
Little Kings And Queens Inc Buford, GA | $180,816 | $1,313,209 |
Latham Foundation Atlanta, GA | $1,091,516 | $917,015 |