Ghassan & Manal Saab Foundation

Organization Overview

Ghassan & Manal Saab Foundation is located in Flint, MI. The organization was established in 1998. 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. Ghassan & Manal Saab 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, Ghassan & Manal Saab Foundation generated $80.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $265.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ghassan & Manal Saab Foundation has awarded 162 individual grants totaling $2,063,637. 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)Compensation
Khalil Saab
Director
$0
Nadim Saab
Director
$0
Ghassan M Saab
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $10,526
Dividends & Interest $63,247
Net Rental Income$0
Net Gain on Sale of Assets $6,930
Capital Gain Net Income $6,930
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $80,703

Grants Awarded

Over the last fiscal year, Ghassan & Manal Saab Foundation has awarded $244,450 in support to 16 organizations.

Grant RecipientAmount

CENTER FOR ARAB AMERICAN PHILANTHRO

PURPOSE: GENERAL FUNDS

$72,950

AMERICAN DRUZE FOUNDATION

PURPOSE: GENERAL FUNDS

$45,000

ST JUDE CHILDREN'S RESEARCH HOSPITA

Org PageRecipient Profile

Memphis, TN

PURPOSE: GENERAL FUNDS

$25,000

BEIRUT MARATHON PEOPLE AID

PURPOSE: GENERAL FUNDS

$25,000

FLINT INSTITUTE OF MUSIC

Org PageRecipient Profile

Flint, MI

PURPOSE: GENERAL OPERATION

$20,000

ARAB AMERICAN NATIONAL MUSEUM

PURPOSE: GENERAL OPERATION

$16,500
View Grant Profile

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