Elizabeth And Joseph Massoud Family Foundation
- Assets
- $11.2m
- Revenue
- $2.6m
- Investments
- $10.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 46-2495320
Organization Overview
Elizabeth And Joseph Massoud Family Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Elizabeth And Joseph Massoud Family 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, Elizabeth And Joseph Massoud Family Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 14.6% per year over the past 7 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.
Since 2015, Elizabeth And Joseph Massoud Family Foundation has awarded 189 individual grants totaling $4,142,612. 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.
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 |
|---|---|---|---|
Elizabeth Allman Massoud Dir, VP | 1 | $0 | |
Ihab Joseph Massoud Pres, Dir, Sec, Treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,083,794 |
| Interest on Savings | $27,157 |
| Dividends & Interest | $403,405 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,006 |
| Capital Gain Net Income | $141,756 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,134 |
| Total Revenue | $2,592,496 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $125 |
| Other expenses | $34,717 |
| Total operating and administrative expenses | $83,133 |
| Contributions, gifts, grants paid | $1,233,989 |
| Total expenses and disbursements | $1,317,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $698,077 |
| 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 | $11,241,993 |
| 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, Elizabeth And Joseph Massoud Family Foundation has awarded $1,233,989 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ADAM J LEWIS ACADEMY INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
ALOHA UNITED WAY INC PURPOSE: MAUI FIRE RELIEF FUND | $5,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF CONNE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
BIG BROTHERS BIG SISTERS OF CONNECTICUT INC PURPOSE: CHARITABLE EVENT | $3,500 |
BRIDGEPORT NEIGHBORHOOD TRUST INC PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
BRIDGEPORT NEIGHBORHOOD TRUST INC PURPOSE: CHARITABLE EVENT | $5,000 |