Hidaya Foundation
- Assets
- $4.3m
- Revenue
- $15.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Santa Clara, CA
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 77-0502583
Organization Overview
Hidaya Foundation is located in Santa Clara, CA. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Hidaya Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hidaya 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, Hidaya Foundation generated $15.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $15.0m during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 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, Hidaya Foundation has awarded 58 individual grants totaling $4,743,607. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPLEMENT EDUCATIONAL, ENVIRONMENTAL, SOCIAL WELFARE, AND HEALTH CARE PROGRAMS IN ECONOMICALLY DEPRESSED AREAS OF ASIA, AFRICA AND NORTH AMERICA, WITH FOCUS ON PROJECTS WHICH PROMOTE SELF-EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL WELFARE PROJECTS - PROVIDE FOOD, CLOTHES, HOUSEHOLD GOODS, TOYS AND FINANCIAL ASSISTANCE TO BENEFICIARIES.
EDUCATIONAL PROJECTS - PROVIDE FINANCIAL ASSISTANCE, SCHOOL SUPPLIES, MATERIALS, EQUIPMENTS AND TRAINING TO BENEFICIARIES.
SELF-EMPLOYMENT PROJECTS - HELP PEOPLE BECOME FINANCIALLY INDEPENDENT AND SELF-SUFFICIENT THROUGH PROGRAMS SUCH AS ANIMAL FARMING, SMALL BUSINESSES FOR THE POOR AND FARMER ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohamed S Shamsuddin Treasurer | OfficerTrustee | 60 | $152,760 |
Waseem Baloch President & CEO | OfficerTrustee | 96 | $150,000 |
Imran Baloch Vice President | 0 | $124,944 | |
Osman Ergene Office Manager | 40 | $107,856 | |
Mazhar Uddin Vice President | Trustee | 5 | $0 |
Aamir Malik Secretary | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,080,565 |
| Noncash contributions included in lines 1a–1f | $1,345,774 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,080,565 |
| Total Program Service Revenue | $0 |
| Investment income | $391,736 |
| 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 | $15,472,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,515,058 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,931,505 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $302,760 |
| Compensation of current officers, directors, key employees. | $91,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $305,491 |
| Pension plan accruals and contributions | $31,533 |
| Other employee benefits | $0 |
| Payroll taxes | $48,058 |
| Fees for services: Management | $21,247 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $188,615 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,762 |
| Travel | $6,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $128,421 |
| All other expenses | $39,980 |
| Total functional expenses | $15,010,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,978,261 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $351,026 |
| 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 | $4,655 |
| Total assets | $4,333,942 |
| Accounts payable and accrued expenses | $7,808 |
| 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 | $7,808 |
| Net assets without donor restrictions | $4,326,134 |
| 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 | $4,333,942 |
Grants Awarded
Over the last fiscal year, Hidaya Foundation has awarded $1,616,694 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AFGHAN RELIEF PURPOSE: SOCIAL WELFARE PROJECTS | $19,830 |
ALAMIDA FOUNDATION PURPOSE: SOCIAL WELFARE PROJECTS | $59,057 |
AMERICAN RELIEF AGENCY FOR TH PURPOSE: SOCIAL WELFARE PROJECTS | $51,120 |
AMOUD FOUNDATION PURPOSE: SOCIAL WELFARE PROJECTS | $79,000 |
GRANADA ISLAMIC SCHOOL PURPOSE: EDUCATION PROJECT | $7,500 |
CRESCENT FOUNDATION INC PURPOSE: EDUCATION & SOCIAL WELFARE PROJECTS | $124,500 |