Hamd Foundation Inc
- Assets
- $14.2m
- Revenue
- $861.6k
- Investments
- $13.8m
- Employees
- 0
- Location
- Port Jefferson, NY
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 47-0992587
Organization Overview
Hamd Foundation Inc is located in Port Jefferson, NY. The organization was established in 2016. 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. Hamd Foundation Inc 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, Hamd Foundation Inc generated $861.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.7% each year . All expenses for the organization totaled $909.5k during the year ending 12/2022. While expenses have increased by 16.6% per year over the past 8 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, Hamd Foundation Inc has awarded 133 individual grants totaling $3,912,058. 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 |
|---|---|---|---|
Dr Arif Ahmad Director | 3 | $0 | |
Seema Ahmad Director | 3 | $0 | |
Zeba Ahmad Director | 3 | $0 | |
Zoha Ahmad Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $700,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $129,177 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,432 |
| Capital Gain Net Income | $32,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $861,609 |
| 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 | $7,869 |
| Printing and publications | $0 |
| Other expenses | $41,592 |
| Total operating and administrative expenses | $49,461 |
| Contributions, gifts, grants paid | $860,071 |
| Total expenses and disbursements | $909,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,711 |
| Savings and temporary cash investments | $223,917 |
| 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 | $14,170,285 |
| 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 | $10,000 |
| Total liabilities | $10,000 |
Grants Awarded
Over the last fiscal year, Hamd Foundation Inc has awarded $860,071 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
LAUNCHGOOD INC PURPOSE: ELEVATING AUTHENTICALLY MUSLIM STORIES, CREATIVITY, AND CULTURE. | $550 |
MT SINAI MUSLIM CENTER PURPOSE: TO CREATE AN ENVIRONMENT CONDUCIVE TO PRAYER. | $25,000 |
AL FALAH CENTER PURPOSE: TO SERVE AND ENGAGE MUSLIMS BY PROMOTING THE VALUES AND TEACHINGS OF ISLAM IN ACCORDANCE WITH THE QUR'AN AND SUNNAH, AND | $25,000 |
YAQEEN INSTITUTE FOR ISLAMIC RESEARCH PURPOSE: TO ACTIVELY PARTICIPATE IN THE CURRENT DAY DISCOURSE TOUCHING ON ALL TOPICS THAT ARE RELATED TO ESTABLISHING CONVICTION IN THE HEARTS AND MINDS OF MUSLIMS, AND BATTLING THE FALSE NOTIONS THAT UNDERLIE ISLAMOPHOBIA AND EXTREMISM. | $25,000 |
BLANCA'S HOUSE PURPOSE: TO BRING MUCH-NEEDED, QUALITY MEDICAL CARE TO COUNTRIES AND COMMUNITIES THROUGHOUT LATIN AMERICA. | $1,021 |
COUNCIL ON AMERICAN-ISLAMIC RELATIONS PURPOSE: TO ENHANCE UNDERSTANDING OF ISLAM, PROTECT CIVIL RIGHTS, PROMOTE JUSTICE, AND EMPOWER AMERICAN MUSLIMS. | $10,000 |