Taj And Zakir Syed Family Charitable Foundation Inc
- Assets
- $152.8k
- Revenue
- $74.9k
- Investments
- $149.8k
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3226702
Organization Overview
Taj And Zakir Syed Family Charitable Foundation Inc is located in Sacramento, CA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Taj And Zakir Syed Family Charitable 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, Taj And Zakir Syed Family Charitable Foundation Inc generated $74.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.9k during the year ending 12/2022. While expenses have increased by 18.0% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AWARDS TO 75 UNDERPRIVILEGED AND NEEDY STEM STUDENTS IN INDIA TUTORING SUPPORT FOR STEM SUBJECTS IN LABORATORY FOR GRADES 812 IN INDIA
4 STEM SCHOLARSHIP AWARDS TO NEEDY STUDENTS IN SACRAMENTO CA USA 6 ISLAMIC SCHOLARSHIP AWARDS AGREEMENT WITH UCDAVIS CA USA
FOOD PACKAGES BLANKETS DISTRIBUTION TO HOMELESSNEEDY IN BIHARWB INDIA
FINANCIAL HELP TO 17WIDOWED DIVORCED SINGLE MOTHERSOTHERS IN SACRAMENTO FOOD SUPPLIES TO FEED 300350 HOMELESS PEOPLE IN SACRAMENTO CA USA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taj U Syed Presidenttreasurer | 0 | $0 | |
Ambarin S Faizi Secretary | 0 | $0 | |
Mairaj U Syed Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,921 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $2,941 |
| Net ST Capital Gain | $2,941 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,917 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $768 |
| Printing and publications | $99 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,909 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,071 |
| Savings and temporary cash investments | $0 |
| 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 | $152,840 |
| 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 | $3,071 |
| Total liabilities | $3,071 |
Grants Awarded
Over the last fiscal year, Taj And Zakir Syed Family Charitable Foundation Inc has awarded $60,282 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMANAT FOUNDATION TRUST PURPOSE: 34 SCHOLARSHIPSFOODBLANKETS DISTB | $17,808 |
AMIED PURPOSE: TUTORING SUPPORT FOR SCIENCE LAB TEACHERS | $8,517 |
IQBAL MEMORIAL TRUST PURPOSE: STEM SCHOLARSHIP TO 23 NEEDY STUDENTS | $7,350 |
Davis, CA PURPOSE: SIX ISLAMIC STUDIES SCHOLARSHIP AWARDS | $6,360 |
VARIOUS INDIVIDUALS PURPOSE: FINANCIAL HELP FOR NEEDY INDIVIDUALS | $5,700 |
HUMANE TOUCH PURPOSE: SCHOLARSHIPS TO 18 STEM NEEDY STUDENTS | $5,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |
Na Aina Kai Botanical Gardens Kilauea, HI | $76,195,065 | $4,390,722 |
Easton Sports Development Foundation Van Nuys, CA | $11,576,483 | $3,446,410 |
Lone Rock Foundation Santa Cruz, CA | $94,429,828 | $8,565,645 |
Maurice And Paul Marciano Art Foundation Beverly Hills, CA | $51,457,379 | $441,554 |