Ashraf Family Foundation
- Assets
- $832.9k
- Revenue
- $7.5k
- Investments
- $810.4k
- Employees
- 0
- Location
- Ashburn, VA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 82-1036884
Organization Overview
Ashraf Family Foundation is located in Ashburn, VA. The organization was established in 2017. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Ashraf Family 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, Ashraf Family Foundation generated $7.5k 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 (63.8%) each year. All expenses for the organization totaled $105.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ashraf Family Foundation has awarded 59 individual grants totaling $225,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS SUPPORT THROUGH 5 ORGANIZATIONS
EDUCATIONAL SERVICES THROUGH 2 ORGANIZATIONS
SOCIAL SERVICES THROUGH 2 ORGANIZATIONS
COMMUNITY SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zahida P Ashraf Vice President | 1 | $0 | |
Mohammad Omar Ashraf President | 3 | $0 | |
Aisha S Ashraf Director | 1 | $0 | |
Amina O Ashraf Secretary | 1 | $0 | |
Naeem U Ashraf Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $30,566 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $223 |
| Total operating and administrative expenses | $622 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $105,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,445 |
| Savings and temporary cash investments | $1,037 |
| 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 | $832,898 |
| 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, Ashraf Family Foundation has awarded $105,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH PURPOSE: SOCIAL SERVICES | $16,500 |
Sterling, VA PURPOSE: EDUCATIONAL | $16,000 |
ADAMS PURPOSE: ENDOWMENT FUND | $10,000 |
ADAMS PURPOSE: RELIGIOUS | $8,000 |
HELPING HANDS PURPOSE: COMMUNITY SERVICES | $6,500 |
ADAMS PURPOSE: COMMUNITY SERVICE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clark Charitable Foundation Inc Bethesda, MD | $421,128,793 | $429,131,785 |
Claude Moore Charitable Foundation Fairfax, VA | $240,670,570 | $26,185,543 |
Community Anti-Drug Coalitions Of America Alexandria, VA | $15,283,034 | $14,789,686 |
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
George Wolf Memorial Intrvs Tr Ua 08082003 Washington, DC | $12,689,943 | $2,315,178 |