The Yaseen Family Foundation Inc
- Assets
- $283.1k
- Revenue
- $100.2k
- Investments
- $151.8k
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 01/1979
- Data as of
- 07/2023
- EIN
- 13-2964529
Organization Overview
The Yaseen Family Foundation Inc is located in Palm Beach Gardens, FL. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Yaseen Family 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 07/2023, Yaseen Family Foundation Inc generated $100.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.0% each year . All expenses for the organization totaled $17.4k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yaseen Family Foundation Inc has awarded 279 individual grants totaling $119,111. 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 |
|---|---|---|---|
Marc Yaseen Pres. | 1 | $0 | |
Kimberly S Yaseen V.P. & Secr. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $114,623 |
| Interest on Savings | $319 |
| Dividends & Interest | $6,646 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$21,431 |
| Capital Gain Net Income | $86,529 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $210 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $5,113 |
| Contributions, gifts, grants paid | $12,266 |
| Total expenses and disbursements | $17,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,396 |
| Savings and temporary cash investments | $6,892 |
| 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 | $283,069 |
| 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, The Yaseen Family Foundation Inc has awarded $12,266 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPT-A-FAMILY PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $500 |
AMERICAN CANCER SOCIETY PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $200 |
ADL ( THE ANTI-DEFAMATION LEAGUE ) PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $25 |
ARCHAEOLOGICAL INSTITUTE OF AMERICA PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $35 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $25 |
BOYS TOWN PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $20 |