Alalusi Foundation
- Assets
- $2.2m
- Revenue
- $2.3m
- Investments
- $1.4m
- Employees
- 0
- Location
- Hayward, CA
- Founding
- 02/2002
- Data as of
- 03/2023
- EIN
- 91-2158518
Organization Overview
Alalusi Foundation is located in Hayward, CA. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alalusi 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 03/2023, Alalusi Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $2.2m during the year ending 03/2023. While expenses have increased by 28.8% per year over the past 3 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 2021, Alalusi Foundation has awarded 206 individual grants totaling $4,984,101. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,190,283 |
| Interest on Savings | $7,035 |
| Dividends & Interest | $16,149 |
| 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 | $41,240 |
| Total Revenue | $2,254,707 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $9,540 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,867 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,219 |
| Total operating and administrative expenses | $49,112 |
| Contributions, gifts, grants paid | $2,175,873 |
| Total expenses and disbursements | $2,224,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,035 |
| 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 | $482,989 |
| 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 | $2,199,047 |
| 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, Alalusi Foundation has awarded $2,175,873 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
MUHAMMAD ENSHASSI PURPOSE: HUMANITARIAN ANDASSISTANCE REFUGEESGERMANY | $12,000 |
ABDALLAH MOHAMMED FAMILY ASSIST PURPOSE: HUMANITARIAN AND CHARITABLEASSISTANCE | $12,500 |
MAJD MOHAMMAD IRAQ PURPOSE: HUMANITARIAN ANDASSISTANCEREFUGEES | $20,000 |
ZIRAAT BANKASI ANKRA TURKEY PURPOSE: HUMANITARIAN AND ASSISTANCEREFUGEES TURKEY | $19,000 |
AYAS ARK PURPOSE: HUMANITARIAN ANDEDUCATIONAL ASSISTANCE | $750 |
FIRDAUS ALAOUI PURPOSE: HUMANITARIAN ANDEDUCATIONALASSISTANCE | $26,600 |