Overview

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Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

THE MAINSTAY FOUNDATION is a 501(c)3 grantmaking organization that primarily operates through a relationship-based, invitation-only engagement model. It does not accept unsolicited proposals, making it essential for nonprofits to explore warm-introduction pathways via Impala's Funder Prospecting to connect with the foundation. In the 2024 filing year, the foundation disbursed a total of $21.2K across 19 grantees.

Mission Statement

TO ADVANCE THE MUSLIM COMMUNITIES, ORGANIZATIONS, AND INDIVIDUALS IN THE UNITED STATES OF AMERICA BY DEVELOPING THEIR INTELLECTUAL, SPIRITUAL, SOCIAL, AND FINANCIAL ASPECTS, UTILIZING THE MOST ADVANCED METHODOLOGIES AND TECHNOLOGIES.
Total Funding Given
$21.3K
2024
Grantees funded
2024
N/A
Multi-year grantees (all time)
26%
Funding by Year
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Total No. of Grants
4
Median 1st year grant
$2.5K
Median 2nd year grant
$6K
M
Mohamed Ali Banoon
Board Member
J
Jalal Moughania
Board Member
K
Khodr Hamka
Board Member
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  • 19 grantees
  • 5 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

Can I submit an unsolicited grant proposal to THE MAINSTAY FOUNDATION?
No. THE MAINSTAY FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does THE MAINSTAY FOUNDATION give?
THE MAINSTAY FOUNDATION primarily gives to organizations located in Minnesota, Arizona, and California. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are THE MAINSTAY FOUNDATION’s grants?
The largest share of grants from THE MAINSTAY FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $2,500. More detailed grant size data is available to registered users.
How many grants does THE MAINSTAY FOUNDATION make each year?
In 2024, THE MAINSTAY FOUNDATION awarded about 4 grants, totaling nearly $21 thousand. More detailed grant metrics are available to registered users.
Who did THE MAINSTAY FOUNDATION fund recently?
In 2024, THE MAINSTAY FOUNDATION awarded grants to about 20 grantees. Recent grantees include IMAM HUSAIN ISLAMIC CENTER, ANJUMAN E ASGHARI, and ISLAMIC EDUCATION FOUNDATION OF ARIZONA. More detailed information on all recent recipients is available to registered users.
How do we apply to THE MAINSTAY FOUNDATION?
THE MAINSTAY FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.