Abdole Foundation
- Assets
- $0.0
- Revenue
- $24.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sandusky, MI
- Founding
- 01/2004
- Data as of
- 12/2020
- EIN
- 38-3691874
Organization Overview
Abdole Foundation is located in Sandusky, MI. The organization was established in 2004. 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. Abdole 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 12/2020, Abdole Foundation generated $24.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 63.6% each year . All expenses for the organization totaled $14.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $940 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $1,488 |
| Occupancy | $2,509 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $10,628 |
| Contributions, gifts, grants paid | $3,840 |
| Total expenses and disbursements | $14,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Abdole Foundation has awarded $10,300 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND BLANC ISLAMIC CENTER PURPOSE: LOCAL SUPPORT | $3,000 |
KHALED FELWA PURPOSE: LOCAL SUPPORT | $2,100 |
Flint, MI PURPOSE: SUPPORT EDUCATION | $1,250 |
East Lansing, MI PURPOSE: SUPPORT EDUCATION | $1,200 |
MCKENZIE HEALTH SYSTEM FOUNDATION PURPOSE: SUPPORT EQUIPMENT NEEDS | $1,000 |
ZIAD ABUZID PURPOSE: LOCAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |
Christ Cares For Kids Foundation Traverse City, MI | $46,569,965 | $9,675,626 |
James J And Joan A Gardner Family Foundation Cincinnati, OH | $68,091,187 | $14,231,664 |