Kassouf Foundation
- Assets
- $344.8k
- Revenue
- $14.5k
- Investments
- $330.7k
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 33-0538328
Organization Overview
Kassouf Foundation is located in Irvine, CA. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Kassouf Foundation 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, Kassouf Foundation generated $14.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $23.5k during the year ending 12/2023. While expenses have increased by 1.2% 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 Program Activity:
Part 3 - Line 4a
UCI FDTN PROGRAM IN NURSING SCIENCE4199 CAMPUS DRIVE STE 400 UTIRVINE, CA 92697
OVARIAN CANCER ALLIANCE OF CALIFORNIA3900 PELENDALE AVENUE, SUITE 420MODESTO, CALIFORNIA 95356
DOCTORS WITHOUT BORDERS333 7TH AVENUE NEW YORK, NY 1001-5004
HOAG HOSPIAL FOUNDATION500 SUPERIOR AVE STE 350NEWPORT BEACH, CA 92663
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce E Kassouf Director | 2 | $0 | |
Elias N Kassouf Director | 1 | $6,000 | |
Alexander G Kassouf Director | 1 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33 |
| Dividends & Interest | $3,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,783 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,880 |
| Total Revenue | $14,522 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,000 |
| 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 | $228 |
| Total operating and administrative expenses | $12,978 |
| Contributions, gifts, grants paid | $10,570 |
| Total expenses and disbursements | $23,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,145 |
| 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 | $176,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $344,808 |
| 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, Kassouf Foundation has awarded $10,570 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILIES FORWARD PURPOSE: HOUSING ASSISTANCE | $200 |
DISABLED AMERICAN VETS PURPOSE: VETERAN PROGRAMS | $2,125 |
DOCTORS WITHOUT BORDERS PURPOSE: HEALTH CARE | $2,000 |
COVENANT HOUSE PURPOSE: PUBLIC WELFARE | $250 |
SOUTHWEST INDIAN FOUNDATION PURPOSE: PUBLIC WELFARE | $1,000 |
HEIFER INTERNATIONAL PURPOSE: PUBLIC WELFARE | $300 |