Hafeez Foundation
- Assets
- $212.6k
- Revenue
- -$25.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 26-0663835
Organization Overview
Hafeez Foundation is located in Southfield, MI. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hafeez Foundation 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wasif Hafeez President | 1 | $0 | |
Name Not Listed Treasury | 1 | $0 | |
Sasa Hafeez Secrtary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$25,104 |
| Total Revenue | -$25,104 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $80 |
| Contributions, gifts, grants paid | $10,976 |
| Total expenses and disbursements | $11,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,504 |
| 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 | $124,137 |
| Total assets | $212,641 |
| 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, Hafeez Foundation has awarded $10,976 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN EDUCATION TRUST PURPOSE: EDUCATION | $500 |
AMNESTY INTERNATIONAL PURPOSE: CHARITY | $200 |
CAIR PURPOSE: CHARITY | $100 |
DOCTORS WITHOUT BORDERS PURPOSE: CHARITY | $30 |
FEEDING AMERICA PURPOSE: CHARITY | $100 |
HABITAT FOR HUMANITY PURPOSE: CHARITY | $100 |