Fadhil And Ferial Alsikafi Family Foundation
- Assets
- $4.7m
- Revenue
- $4.6m
- Investments
- $4.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 82-4490854
Organization Overview
Fadhil And Ferial Alsikafi Family Foundation is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (Q70) the organization is classified as: International Human Rights, 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. Fadhil And Ferial Alsikafi Family 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, Fadhil And Ferial Alsikafi Family Foundation generated $4.6m in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ferial B Alsikafi President | 0 | $0 | |
Nejd Alsikafi Vice President | 0 | $0 | |
Basil Alsikafi Secretary | 0 | $0 | |
Zaid Alsikafi Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,246,313 |
| Interest on Savings | $27,866 |
| Dividends & Interest | $68,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $256,364 |
| Capital Gain Net Income | $256,364 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,336 |
| Total Revenue | $4,601,708 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $12,146 |
| Taxes | $7,218 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50,894 |
| Total operating and administrative expenses | $109,966 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $144,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,019 |
| Savings and temporary cash investments | $9,271 |
| 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 | $2,932,846 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,651,211 |
| 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 |
Grants Awarded
Over the last fiscal year, Fadhil And Ferial Alsikafi Family Foundation has awarded $2,300 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
ST JUDE CHILDREN RESEARCH PURPOSE: GENERAL OPERATIONAL SUPPORT | $500 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATIONAL SUPPORT | $200 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL OPERATIONAL SUPPORT | $100 |
ALZHEIMER DISEASE RESEARCH PURPOSE: GENERAL OPERATIONAL SUPPORT | $200 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: GENERAL OPERATIONAL SUPPORT | $200 |