Allie And Wanda Fayz Familyfoundation
- Assets
- $39.0k
- Revenue
- -$6.5k
- Investments
- $39.0k
- Employees
- 0
- Location
- Dearborn Heights, MI
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 20-4193049
Organization Overview
Allie And Wanda Fayz Familyfoundation is located in Dearborn Heights, MI. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Allie And Wanda Fayz Familyfoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $627 |
| Interest on Savings | $0 |
| Dividends & Interest | $180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,290 |
| Capital Gain Net Income | $2,094 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$6,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $627 |
| Contributions, gifts, grants paid | $30,100 |
| Total expenses and disbursements | $30,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $38,956 |
| 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, Allie And Wanda Fayz Familyfoundation has awarded $30,100 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DEVELOPMENT AND RELIEF PURPOSE: EDUCATION AND WORK TRAINING | $400 |
CLEVELAND CLINIC PURPOSE: ACADEMIC MEDICAL CENTER | $100 |
ROTARY CLUB OF TROY PURPOSE: COMMUNITY OUTREACH | $300 |
ISLAMIC HOUSE OF WISDOM PURPOSE: PROVIDE FOR THE POOR AND NEEDY | $1,400 |
SADR FOUNDATION PURPOSE: COMMUNITY SUPPORT | $2,700 |
ISLAMIC CENTER OF AMERICA PURPOSE: RELIGOUS EDUCATION | $6,000 |