Shakiba Foundation
- Assets
- $576.0k
- Revenue
- -$36.9k
- Investments
- $189.2k
- Employees
- 0
- Location
- Friendswood, TX
- Founding
- Data as of
- 12/2022
- EIN
- 84-3928315
Organization Overview
Shakiba Foundation is located in Friendswood, TX. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shakiba Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Shakiba Foundation has awarded 12 individual grants totaling $158,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevor Shakiba Director | 0.5 | $0 | |
Christina Shakiba Director | 0.5 | $0 | |
Jane Shelby Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $4,194 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$91,057 |
| Total Revenue | -$36,863 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $1,050 |
| Total operating and administrative expenses | $2,585 |
| Contributions, gifts, grants paid | $110,500 |
| Total expenses and disbursements | $113,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,834 |
| Savings and temporary cash investments | $327,974 |
| 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 | $189,160 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $575,968 |
| 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 | $65,025 |
| Total liabilities | $65,025 |
Grants Awarded
Over the last fiscal year, Shakiba Foundation has awarded $110,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ANCHOR POINT PURPOSE: OPERATIONS | $15,000 |
LIFE ADVANCEMENT GROUP PURPOSE: OPERATIONS | $20,000 |
OKLAHOMA WESLEYAN UNIVERSITY PURPOSE: OPERATIONS | $3,000 |
LET THEM LIVE PURPOSE: OPERATIONS | $2,500 |
RENOVATION CITY CHURCH PURPOSE: OPERATIONS | $10,000 |
PINE COVE PURPOSE: OPERATIONS | $50,000 |