The Salah M Hassanein Foundation
- Assets
- $331.6k
- Revenue
- $22.1k
- Investments
- $131.5k
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 05/2000
- Data as of
- 12/2019
- EIN
- 33-0867251
Organization Overview
The Salah M Hassanein Foundation is located in San Diego, CA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Salah M Hassanein Foundation generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Salah M Hassanein Foundation has awarded 28 individual grants totaling $1,509,100. 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 |
|---|---|---|---|
Salah V Hassanein President | 0 | $0 | |
Nesa Hassanein Vice President | 0 | $0 | |
Richard C Hassanein Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,114 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,059 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,732 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,010 |
| Contributions, gifts, grants paid | $1,503,000 |
| Total expenses and disbursements | $1,529,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,116 |
| 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 | $331,596 |
| 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 Salah M Hassanein Foundation has awarded $1,503,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ATHENAEUM MUSIC ARTS LIBRARY PURPOSE: GENERAL | $500 |
CHARLES VALLONE SCHOLARSHIP FUND PURPOSE: GENERAL | $500 |
USO PURPOSE: GENERAL | $2,000 |
SALVATION ARMY PURPOSE: GENERAL | $300,000 |
CHILDREN'S LIFELINE INTL PURPOSE: GENERAL | $300,000 |
TERI INTL PURPOSE: GENERAL | $150,000 |