Syed Foundation

Organization Overview

Syed Foundation is located in Bloomfield, MI. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syed 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 12/2021, Syed Foundation generated $38.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $35.3k during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 7 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 2015, Syed Foundation has awarded 296 individual grants totaling $190,982. 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 $38,380
Interest on Savings $0
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 $0
Total Revenue $38,380

Grants Awarded

Over the last fiscal year, Syed Foundation has awarded $34,582 in support to 62 organizations.

Grant RecipientAmount

MANA WELLNESS

PURPOSE: CHARITY

$3,500

Alexandria, VA

PURPOSE: CHARITY

$3,000

ICNA

PURPOSE: CHARITY

$2,500

MUSLIM FAMILY SERVICES

PURPOSE: CHARITY

$2,250

PAANI PROJECT

PURPOSE: CHARITY

$2,000

SAMS

PURPOSE: CHARITY

$1,500
View Grant Profile

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