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Islamic Scholarship Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208540050 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Islamic Scholarship Fund?

The Islamic Scholarship Fund (ISF) is a dedicated nonprofit organization situated in Berkeley, California. Its primary objective is to promote the involvement of American Muslims in influential sectors such as media, journalism, policy, government, public interest law, and film. By offering scholarships, internships, fellowships, film grants, and mentorship opportunities, ISF seeks to amplify the voice of American Muslims in shaping public policy and opinion. Since its inception, ISF has awarded over $2.3 million to over 515 deserving applicants, with an additional $426,150 granted in 2022 alone. With a modest team of seven employees, ISF continues its mission with commitment and dedication.


Official website here: www.islamicscholarshipfund.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82%, Three-Star out of Four Star rating.

The Islamic Scholarship Fund has received a solid 82% rating, indicating a relatively strong performance in terms of accountability and finance, as well as a commendable culture and community engagement. The charity shows effective governance with 83% independent board members and no material diversion of assets, which is a positive sign for potential donors regarding transparency and management practices.

Strengths include a high score in culture and community, suggesting that the organization is well-regarded among its stakeholders and has effective equity strategies in place. The leadership and adaptability score of 100% highlights the charity's commitment to developing its leadership and being responsive to changing circumstances, enhancing its operational effectiveness.

However, the program expense ratio at 66.15% could be improved, as it suggests that a portion of the funds may be allocated to administrative costs rather than directly to programs. Overall, while the Islamic Scholarship Fund exhibits many strengths, there remains some room for improvement in program efficiency.


This AI summary has been generated from information found on Charity Navigator.

Is Islamic Scholarship Fund legitimate?

Islamic Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islamic Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $128,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,527

For more financial information, click here


Official website here: www.islamicscholarshipfund.org

What is the mission statement of Islamic Scholarship Fund?

The Islamic Scholarship Fund, abbreviated as ISF, aims to augment the representation of American Muslims in sectors that shape public policy and influence public opinion. To achieve this, ISF offers scholarships, internships, fellowships, film grants, and mentorship opportunities. Their mission is geared towards fostering the presence of American Muslims in fields such as media, journalism, policy, government, public interest law, and film. Since its inception, ISF has awarded over $2.3 million in scholarships to over 515 qualified applicants, with $426,150 granted in 2022 alone. The organization's initiatives have contributed significantly to the education and career advancement of American Muslims in these critical sectors.


Official website here: www.islamicscholarshipfund.org

Who is the CEO of Islamic Scholarship Fund?

Dr Hamid Rezapour is the Executive Dir. of Islamic Scholarship Fund.


Official website here: www.islamicscholarshipfund.org

What is the revenue of Islamic Scholarship Fund?

Islamic Scholarship Fund's revenue in 2022 was $1,032,317.


Official website here: www.islamicscholarshipfund.org

Who are the executives of Islamic Scholarship Fund and what are their salaries?

The average compensation at Islamic Scholarship Fund during 2022 was $57,053. There are 7 employees and 50 volunteers at Islamic Scholarship Fund.


Here are 6 key members and their salaries:


Somayeh Nikooei (Executive Dir.)
  • Compensation: $128,846
  • Related: $0
  • Other: $0
Dr Hamid Rezapour (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ismail Mahomed (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dalia Fahmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mazen Asbahi Esq (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ghada Alkiek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.islamicscholarshipfund.org

Where can I find the form 990 for Islamic Scholarship Fund?

Islamic Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.islamicscholarshipfund.org

Learn more at the official website: www.islamicscholarshipfund.org

Mission Statement of Islamic Scholarship Fund

The Islamic Scholarship Fund, abbreviated as ISF, is committed to enhancing the representation of American Muslims in sectors that shape public policy and public opinion. This is achieved through the provision of various opportunities, such as scholarships, internships, fellowships, film grants, and mentorship programs. By offering these resources, ISF aims to foster and support the growth of American Muslims in fields like media, journalism, policy, government, public interest law, and film. In the year 2022 alone, ISF awarded over $426,150 to numerous aspiring American Muslims, contributing to their educational and professional pursuits in these influential sectors. Overall, the Islamic Scholarship Fund serves as a vital platform for empowering American Muslims to make an impact in shaping public discourse and policy.

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Impact




October, 2024

The Islamic Scholarship Fund significantly impacts the representation of American Muslims in key fields that shape public policy and opinion. By providing crucial financial support through scholarships, internships, fellowships, film grants, and mentorship opportunities, the fund actively fosters a new generation of leaders in media, journalism, policy, government, public interest law, and film.

With over $2.3 million awarded across 589 prestigious grants to more than 515 American Muslim applicants, the fund has played a pivotal role in empowering individuals to pursue careers that influence societal narratives and decision-making processes. In just 2022, the fund contributed over $426,150 to its latest cohort, reinforcing its commitment to enabling educational and professional advancements for American Muslims.

Through its targeted programs, the Islamic Scholarship Fund not only enhances the visibility and representation of Muslims in essential sectors but also enriches the broader public discourse by ensuring diverse voices are heard and valued. Its efforts to cultivate talent and leadership within the community are vital for fostering a more inclusive society.




This information is meant to be a general summary of Islamic Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,032,317 (2022)
Expenses
$1,220,332 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $49,282
  • Gross Receipts: $1,054,905

Assets and Liabilities:

  • Total Assets: $2,600,559
  • Total Liabilities: $57,730
  • Net Assets: $2,542,829

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Organization Details

Founding Year

2007

Principal Officer

Dr Hamid Rezapour

Main Address

1935A Addison St, Berkeley, CA, 94704

NTEE Category

Code: B82 - Education

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