Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Zakat Foundation Institute is a nonprofit focused on graduate and professional education, offering a solution-oriented educational experience that prepares local charitable-work leaders with specialized knowledge and professional skills for global humanitarian and philanthropic service. In filing year 2024, it reported an operating budget of $511.7K and total revenue of $672.9K, with THE ZAKAT FOUNDATION OF AMERICA listed as a top funder.

Mission Statement

We offer a solution-oriented educational experience that accelerates the success of the social good sectors through empowering local charitable-work leaders with specialized knowledge and professional skills and integrating them into the service of global humanitarianism and philanthropy.
Revenues
$672.9K
Expenses
$511.7K
Net Income:
+$161.3K
Assets
$275.2K
Liabilities
$82.3K
Net Assets:
+$192.9K
Operating Budget
$511.7K
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
1
Median grant size
$548.5K
Largest grant received
$548.5K
M
Mohammed R Ahmed
Board Member
H
Halil Demir
Board Member
S
Shariq Siddiqui
Board Member
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Frequently Asked Questions

What is Zakat Foundation Institute’s budget?
In 2024, Zakat Foundation Institute reported an annual operating budget of around $512 thousand. More detailed financial information is available to registered users.
What causes does Zakat Foundation Institute support?
Zakat Foundation Institute supports work in Graduate and professional education.
Where does Zakat Foundation Institute operate?
Zakat Foundation Institute is headquartered in Hickory Hills, IL.
Who funded Zakat Foundation Institute recently?
In 2024, Zakat Foundation Institute received grants from THE ZAKAT FOUNDATION OF AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant Zakat Foundation Institute received in 2024?
The largest grant to Zakat Foundation Institute in 2024 exceeds $549 thousand.