Rene Moawad Foundation
- Assets
- $187.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 52-1801228
Organization Overview
Rene Moawad Foundation is located in Washington, DC. The organization was established in 1993. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rene Moawad 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, Rene Moawad Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HUMANITARIAN AID
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HUMANITARIAN AID TO THE PEOPLE OF LEBANON THROUGH HEALTH AND SOCIAL SERVICES, EDUCATIONAL AND CULTURAL PROGRAMS, AND ECONOMIC DEVELOPMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadia Abourizk-Asaad Executive Director | 40 | $92,045 | |
Paul Boulos Chairman | Officer | 1 | $0 |
He Nayla Moawad Hon. Chair | Officer | 1 | $0 |
Majida Mourad Vice Chair | Officer | 1 | $0 |
Nina Beydoun Idriss Treasurer | Officer | 1 | $0 |
Natasha C Akda ESQ Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,087 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,623,138 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,661,225 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,661,225 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,734,528 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,045 |
| Compensation of current officers, directors, key employees. | $92,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,432 |
| Other employee benefits | $8,011 |
| Payroll taxes | $6,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $445 |
| Office expenses | $0 |
| Information technology | $1,060 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$2,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,108 |
| All other expenses | $1,031 |
| Total functional expenses | $1,849,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,196 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,196 |
| Accounts payable and accrued expenses | $46,178 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,178 |
| Net assets without donor restrictions | $141,018 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,196 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rene Moawad Foundation has recieved totaling $112,500.
| Awarding Organization | Amount |
|---|---|
Anthony R Abraham Foundation Inc Miami, FL PURPOSE: HUMANITARIAN EFFORTS IN LEBANON | $100,000 |
Raymond Debbane Family Foundation New York, NY PURPOSE: HELPING TO PROMOTE SUSTAINABLE SOCIAL, ECONOMIC, AND RURAL DEVELOPMENT IN LEBANON WHILE UPHOLDING DEMOCRATIC VALUES. | $10,000 |
The Heyday Foundation New York, NY PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
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|---|---|---|
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Dr Pradip And Kumkum Ghosh Foundation Inc Ellicott City, MD | $53,748,610 | $18,352,785 |
Gleaning For The World Inc Concord, VA | $12,160,365 | $11,390,037 |
Coptic Orphans Support Association Merrifield, VA | $53,399,454 | $18,274,988 |
Nascent Solutions Inc Alexandria, VA | $4,533,019 | $10,643,568 |
Ima Innovations Washington, DC | $8,994,368 | $13,127,527 |
Penny Appeal Usa Inc Alexandria, VA | $5,095,057 | $8,905,052 |
Unrwa Usa National Committee Inc Washington, DC | $1,651,677 | $7,098,030 |
St Luke Foundation For Haiti Dumfries, VA | $1,366,541 | $7,126,757 |
Weconnect International Inc Washington, DC | $4,090,329 | $7,238,870 |
World Pediatric Project Richmond, VA | $4,763,587 | $6,525,258 |
Mihret Medical Supply Group Inc Ruckersville, VA | $743,818 | $5,710,148 |