Taj And Zakir Syed Family Charitable Foundation Inc
- Assets
- $186.0k
- Revenue
- $106.5k
- Investments
- $181.6k
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 05/2018
- Data as of
- 12/2023
- EIN
- 82-3226702
Organization Overview
Taj And Zakir Syed Family Charitable Foundation Inc is located in Sacramento, CA. The organization was established in 2018. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Taj And Zakir Syed Family Charitable 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 12/2023, Taj And Zakir Syed Family Charitable Foundation Inc generated $106.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $1.4k during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 6 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 2020, Taj And Zakir Syed Family Charitable Foundation Inc has awarded 29 individual grants totaling $189,127. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARD OF 120 STEM SCHOLARSHIP INDIA FOR THE MOST NEEDYDESERVING STUDENTS
RUNNING A LEARNING CENTER FOR ROHINGYA REFUGEE CHILDREN IN BANGLADESH
FOOD PACKAGES BLANKETS DISTRIBUTION TO IN BIHAR AND WEST BENGAL INDIA
AWARD OF 4 STEM AND 5 RELIGIOUS STUDIES SCHOLARSHIP TO NEEDY IN USA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taj U Syed Presidenttreasurer | 10 | $0 | |
Sarah A Syed Secretary | 2 | $0 | |
Mairaj U Syed Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $99,401 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $2,813 |
| Net ST Capital Gain | $2,813 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $106,538 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $180 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $358 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,370 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,359 |
| Savings and temporary cash investments | $0 |
| 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 | $185,999 |
| 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 | $4,359 |
| Total liabilities | $4,359 |
Grants Awarded
Over the last fiscal year, Taj And Zakir Syed Family Charitable Foundation Inc has awarded $96,748 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMANAT FOUNDATION TRUST PURPOSE: SCHOLARSHIPSFOOD PKGSBLANKETS DISTB | $30,857 |
AMIED PURPOSE: TUTORING SUPPORT FOR SCIENCE LAB | $9,810 |
IQBAL MEMORIAL TRUST PURPOSE: SCHOLARSHIPS TO NEEDY STUDENTS | $6,710 |
LOAVES & FISHES PURPOSE: FOOD SUPPLIES FOR HOMELESS | $4,732 |
SAWAB PURPOSE: LEARNING CENTER FOR ROHINGYA REFUGEE CHILDREN | $14,899 |
VARIOUS INDIVIDUALS PURPOSE: 4 STEM SCHOLARSHIPS | $4,000 |