Allibhoy-Khaishgi Family Foundation
- Assets
- $3.6m
- Revenue
- $2.3m
- Investments
- $3.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 87-1355747
Organization Overview
Allibhoy-Khaishgi Family Foundation is located in Washington, DC. 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. Allibhoy-Khaishgi 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 12/2022, Allibhoy-Khaishgi Family Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.6% each year .
Since 2021, Allibhoy-Khaishgi Family Foundation has awarded 17 individual grants totaling $378,022. 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 |
|---|---|---|---|
Mohammed Khaishgi President | 2 | $0 | |
Ling-Yun Tang Secretary | 0.5 | $0 | |
Asghar Hussain Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,334,184 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,334,184 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,024 |
| Total operating and administrative expenses | $3,702 |
| Contributions, gifts, grants paid | $15,911 |
| Total expenses and disbursements | $19,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,387 |
| 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 | $3,612,371 |
| 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, Allibhoy-Khaishgi Family Foundation has awarded $367,022 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MARET SCHOOL PURPOSE: CHARITABLE CONTRIBUTION | $1,911 |
PHOEBE HEARST SCHOOL PTA PURPOSE: CHARITABLE CONTRIBUTION | $750 |
TCF USA PURPOSE: CHARITABLE CONTRIBUTION | $8,000 |
CAF AMERICA PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
MARGARET MCNAMARA EDUCATION GRANTS PURPOSE: CHARITABLE CONTRIBUTION | $250 |
MARET SCHOOL PURPOSE: CHARITABLE CONTRIBUTION | $6,911 |