Amk Charitable Foundation is located in Las Vegas, NV. 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. Amk Charitable 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, Amk Charitable Foundation generated $246.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $5.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Amk Charitable Foundation has awarded 33 individual grants totaling $17,167,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A GRANT TO LIGHT FOR ORPHANS, AN ORGANIZATION DEDICATED TO ALLEVIATING THE SUFFERING OF ORPHANS AND VULNERABLE CHILDREN IN EGYPT THROUGH PROVIDING FOR THEIR PHYSICAL, EMOTIONAL, PSYCHOLOGICAL, AND MENTAL WELL-BEING. PROVIDED A GRANT TO SAINT MINA MONASTERY AND COPTIC ORTHODOX MONASTERY IN JERUSALEM TO SUPPORT THE RELIGIOUS ORGANIZATIONS WHO SERVE THE PATRONS OF THE COPTIC ORTHODOX CHURCH OF ALEXANDRIA, EGYPT. PROVIDED A GRANT TO BISHOPRIC FOR PUBLIC, ECUMENICAL AND SOCIAL SERVICES, WHOSE EFFORTS HELP POOR AND MARGINALIZED PEOPLE DISCOVER AND DEVELOP THEIR POTENTIAL BY IMPROVING CONDITIONS OF THEIR COMMUNITIES SOCIALLY, CULTURALLY, AND ECONOMICALLY. PROVIDED A GRANT TO COPTIC MISSION, A CHARITABLE ORGANIZATION WHOSE MISSION IS TO IMPROVE THE LIVES OF THE UNDERPRIVILEGED THROUGH EDUCATION AND MEDICAL ASSISTANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ashraf Boutros President | 1 | $0 | |
Dalia Guindi Vice President | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $173,061 |
Dividends & Interest | $642,832 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$569,890 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $246,003 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $29,565 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $227,069 |
Total operating and administrative expenses | $256,634 |
Contributions, gifts, grants paid | $5,280,000 |
Total expenses and disbursements | $5,536,634 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $308,382 |
Savings and temporary cash investments | $2,828,922 |
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 | $23,851,548 |
Net Land, buildings, and equipment | $0 |
Other assets | $215,000 |
Total assets | $38,404,406 |
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 |
Over the last fiscal year, Amk Charitable Foundation has awarded $5,280,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
BLESS USA PURPOSE: RAISE AWARENESS IN THE UNITED STATES ABOUT THE CONDITIONS OF NEEDY COPTS IN EGYPT | $4,130,000 |
THE LITTLEST LAMBS PURPOSE: EMPOWERING CHILDREN OF EGYPT TO GROW INTO LEADING, RESPONSIBLE MEMBERS OF THE EGYPTIAN SOCIETY | $50,000 |
ST MARY & ST MARK PURPOSE: PASSIONATELY ENGAGING BELIEVERS ON THEIR JOURNEY OF FAITH TO REACH ETERNAL LIFE WITH JESUS | $50,000 |
ST MARY & ST MERCURIUS PURPOSE: "PRESENT EVERY MAN PERFECT IN CHRIST JESUS" (COL 1:28) BY REFLECTING THE LIGHT OF CHRIST AND THE ORTHODOX CHRISTIAN FAITH IN THE WORLD | $50,000 |
LOVE & HOPE BOLIVIA PURPOSE: EDUCATION, NUTRITION, MEDICAL HELP | $1,000,000 |