Alkhayyat Foundation Inc is located in Gaithersburg, MD.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
IN 2020, ALKHAYYAT FOUNDATION GAVE A GRANT TO UNICEF IN THE AMOUNT OF $100,000. THE PURPOSE OF THE GRANT WAS TO SUPPORT UNICEF EDUCATION PROGRAMS FOR OUT-OF-SCHOOLS CHILDREN IN SYRIA AND THE GIFT WAS ALLOCATED TO SUPPORT THAT WORK TO ENSURE THAT A GENERATION OF CHILDREN IN SYRIA CONTINUE TO HAVE HOPE FOR A BETTER FUTURE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moutaz Alkhayyat Chairman | 1 | $0 | |
Mazen Alsbeti Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,047 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $100,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $768 |
| Other assets | $0 |
| Total assets | $768 |
| Total liabilities | $0 |
| Net assets or fund balances | $768 |