Hisham And Nawal Araim Foundation Aka The Hana Foundation
- Assets
- $61.9k
- Revenue
- $6.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berkeley Lake, GA
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 37-6547457
Organization Overview
Hisham And Nawal Araim Foundation Aka The Hana Foundation is located in Berkeley Lake, GA. The organization was established in 2014. 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. Hisham And Nawal Araim Foundation Aka The Hana 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 12/2022, Hisham And Nawal Araim Foundation Aka The Hana Foundation generated $6.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (65.7%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hisham And Nawal Araim Foundation Aka The Hana Foundation has awarded 146 individual grants totaling $194,100. 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 |
|---|---|---|---|
Nawal T Araim Managing Trustee | 10 | $0 | |
Leheb H Araim Trustee | 4 | $0 | |
Aous H Araim Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| 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 | $0 |
| Total Revenue | $6 |
| 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 | $0 |
| Total operating and administrative expenses | $1,050 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $13,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,997 |
| Savings and temporary cash investments | $45,853 |
| 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 | $61,850 |
| 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, Hisham And Nawal Araim Foundation Aka The Hana Foundation has awarded $12,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALIF INSTITUTE PURPOSE: GENERAL SUPPORT | $5,000 |
Peachtree Corners, GA PURPOSE: GENERAL SUPPORT | $5,000 |
ATLANTA COMUNITY FOOD BANK PURPOSE: GENERAL SUPPORT | $1,000 |
Memphis, TN PURPOSE: GENERAL SUPPORT | $1,000 |
ST VINCENT DE PAUL PURPOSE: GENERAL SUPPORT | $0 |
DAR-UN NOOR ACADEMY PURPOSE: GENERAL SUPPORT | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gerstner Family Foundation Palm Beach, FL | $0 | $14,356,897 |
C And A Johnson Family Foundation Palm Beach, FL | $1,837,672 | $36,829,878 |
Goodnight Educational Foundation Cary, NC | $149,468,750 | $4,782,379 |
Bernard A Egan Foundation Inc Fort Pierce, FL | $114,916,843 | $8,190,041 |
Volo Foundation West Palm Beach, FL | $90,593,574 | $39,243,296 |
Lucy Gooding Charitable Foundation Trust Jacksonville, FL | $96,067,891 | $12,365,661 |
Foundation For A Better World Inc Marietta, GA | $167,606,554 | $6,349,362 |
Raether 1985 Charitable Trust West Palm Beach, FL | $51,858,010 | $28,246,620 |
Charis Foundation Knoxville, TN | $16,682,566 | $7,998,986 |
George Jenkins Foundation Inc Lakeland, FL | $24,813,802 | $4,640,014 |
Skeebo Foundation Charlotte, NC | $58,827,572 | $60,108,534 |
Darnall W Boyd Foundation Inc Columbia, SC | $0 | $6,239,520 |