THE ABANA FOUNDATION INC

THE ABANA FOUNDATION INC

New York, NY, US
501(c)3
EIN
57-1147865
Fund Raising & Fund Distribution

THE ABANA FOUNDATION INC

New York, NY, US
501(c)3
EIN
57-1147865
Fund Raising & Fund Distribution

Overview

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Est.

2018

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Abana Foundation Inc is a nonprofit organization dedicated to promoting education and social equity through scholarships and mentorship for students with heritage or demonstrated interest in the MENA regions. With an operating budget of $213.7K and total revenue of $499.5K for the filing year 2024, the foundation's financial support comes from various funders, with no single funder providing 50% or more of its revenue. More information about their initiatives can be found on their website at www.abana.co/about/the-abana-foundation.

Mission Statement

TO promote the advancement of education and social equity, through scholarship and mentorship directed at students with heritage (or demonstrated interest/experience) in MENA regions.
Revenues

$499.5K

Expenses

$288.7K

Net Income:
+$210.8K
Assets

$1.4M

Liabilities

$56.4K

Net Assets:
+$1.3M
Operating Budget

$213.7K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$16.3K
Largest grant received
$50K
K
Khalid Azim
Board Member
F
Ferris Hussein
Board Member
K
Karim Baghdady
Board Member

Frequently Asked Questions

What is THE ABANA FOUNDATION INC’s budget?
In 2024, THE ABANA FOUNDATION INC reported an annual operating budget of around $214 thousand. More detailed financial information is available to registered users.
What causes does THE ABANA FOUNDATION INC support?
THE ABANA FOUNDATION INC supports work in Education.
Where does THE ABANA FOUNDATION INC operate?
THE ABANA FOUNDATION INC is headquartered in New York, NY.
Who funded THE ABANA FOUNDATION INC recently?
In 2024, THE ABANA FOUNDATION INC received grants from DALIO FOUNDATION INC, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, and LINEAGE FOUNDATION FOR GOOD. More information on this organization’s funders is available to registered users.
What is the largest grant THE ABANA FOUNDATION INC received in 2024?
The largest grant to THE ABANA FOUNDATION INC in 2024 exceeds $50 thousand.
Overview
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