Albaghdadi Family Medical Foundation
- Assets
- $2.6m
- Revenue
- $542.9k
- Investments
- $2.6m
- Employees
- 0
- Location
- Clinton, IA
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 42-1466189
Organization Overview
Albaghdadi Family Medical Foundation is located in Clinton, IA. The organization was established in 1997. 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. Albaghdadi Family Medical 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 12/2021, Albaghdadi Family Medical Foundation generated $542.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $353.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albaghdadi Family Medical Foundation has awarded 57 individual grants totaling $1,082,299. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $459,347 |
| Interest on Savings | $571 |
| Dividends & Interest | $67,516 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,505 |
| Capital Gain Net Income | $147 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $542,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,485 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40 |
| Total operating and administrative expenses | $16,320 |
| Contributions, gifts, grants paid | $337,620 |
| Total expenses and disbursements | $353,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,135 |
| 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 | $5,440 |
| Total assets | $2,643,324 |
| 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, Albaghdadi Family Medical Foundation has awarded $337,620 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF IOWA HOSPITAL PURPOSE: EQUIPMENT AND ACHIEVEMENT | $300,000 |
MERCY HOSPITAL FOUNDATION PURPOSE: ANNUAL DRIVE | $10,000 |
Clinton, IA PURPOSE: ANNUAL DRIVE | $8,000 |
Davenport, IA PURPOSE: ANNUAL SUPPORT | $5,400 |
MUSLIM COMMUNITY OF THE QUAD CITIES PURPOSE: ANNUAL DRIVE | $5,120 |
Lynchburg, VA PURPOSE: ANNUAL SUPPORT | $5,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |