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Thaakat Foundation

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

EIN: 331212566 ✦ Romeoville, IL ✦ Designated as a 501(c)(3)

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Overview

What is Thaakat Foundation?

Thaakat Foundation is a nonprofit organization that prioritizes charitable giving and humanitarian work among youth, encouraging selfless acts of community service. Based in Romeoville, Illinois, the foundation has expanded its global reach to three project sites, focusing on education, development, and healthcare. In 2022, Thaakat Foundation completed its third healthcare facility in Sierra Leone, treating over 30,000 patients, with a significant number receiving malaria treatment. Additionally, they expanded DREAMS Pakistan Schools, constructed solar-powered water wells, and invested in sustainable programs, such as solar energy and local farming initiatives. During the year, they also launched a school in Sierra Leone and provided disaster relief in Pakistan, rebuilding homes and offering medical aid to thousands affected by floods. The foundation has further equipped its medical facilities in Pakistan with advanced diagnostic equipment and constructed a High Dependency Care Unit, enabling hundreds of free outpatient surgeries. Thaakat Foundation's campuses in Pakistan are equipped with playgrounds, sports fields, computer labs, and libraries, supporting the educational and social enrichment of their students.


Official website here: www.thaakat.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Stars)

The Thaakat Foundation has earned a rating of 73% from Charity Navigator, which highlights its solid performance in accountability and finance, particularly noting that 100% of its board members are independent. The organization excels in its program expense ratio, directing approximately 98.39% of its expenditures to its programs. However, it faces criticism regarding the absence of essential financial documents and policies, such as a whistleblower policy and an accessible posting of tax forms on its website, which detracts from its overall accountability score.

User feedback is largely positive, with numerous clients and volunteers praising Thaakat for its impactful support of educational initiatives, particularly in Ghana. Individuals like Clement Opoku Boamah, who started a free school, attribute significant improvements in infrastructure and academic success to Thaakat's aid, such as providing transportation and educational supplies. Reviews highlight the organization’s commitment to empowering local communities, especially through initiatives that support women and improve health services.

Despite the many accolades, there are notable criticisms. Some users have reported unsatisfactory experiences regarding transparency and the handling of project ownership, suggesting that Thaakat has claimed credit for work initiated by local partners. These mixed reviews underscore the importance of scrutinizing the effectiveness and ethical considerations of nonprofit operations, particularly regarding the dynamics between larger nonprofits and local organizations they support.


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

What do the Facebook reviews say about Thaakat Foundation?

Currently, Thaakat Foundation has not received formal ratings as indicated by the two available reviews. However, the feedback highlights a positive sentiment towards the organization. One review expresses admiration for the foundation's efforts, stating that it helps and inspires many individuals worldwide and praises the integrity of its members.

The emphasis on the "great people living with good hearts" underscores the compassion and dedication associated with the foundation's mission. Overall, it appears that those who have interacted with or are familiar with Thaakat Foundation share a strong appreciation for its work and the positive impact it seeks to achieve in the community.


This AI summary has been generated from reviews found on Facebook.

Is Thaakat Foundation legitimate?

Thaakat Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thaakat Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thaakat.org

What is the mission statement of Thaakat Foundation?

The Thaakat Foundation is committed to advocating for charitable giving and humanitarian work among the youth. Their mission revolves around actively encouraging selfless acts of giving back. The foundation has chosen to focus on three global project sites, each dedicated to education, development, and healthcare. These projects not only assist the direct beneficiaries, such as students and patients, but also strive to contribute to the overall progress of the community. Currently, each project site boasts facilities like clean water, restrooms, women's empowerment programs, and emergency aid programs, in addition to the primary initiatives they are implementing.


Official website here: www.thaakat.org

Who is the CEO of Thaakat Foundation?

Uzma Bawany is the Executive Director of Thaakat Foundation.


Official website here: www.thaakat.org

What is the revenue of Thaakat Foundation?

Thaakat Foundation's revenue in 2022 was $982,660.


Official website here: www.thaakat.org

Who are the executives of Thaakat Foundation and what are their salaries?

There 10 volunteers at Thaakat Foundation.


Here are 4 key members and their salaries:


Uzma Bawany (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nudrat Zoha (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priya Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aysha Qamar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thaakat.org

Where can I find the form 990 for Thaakat Foundation?

Thaakat Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thaakat.org

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

Mission Statement of Thaakat Foundation

Thaakat Foundation, a nonprofit organization, is committed to inspiring charitable giving and humanitarian work among the youth. Their mission is to foster a culture of giving back by actively supporting selfless acts. To achieve this goal, Thaakat Foundation has identified three global project sites, each focusing on education, development, and healthcare. These projects aim to not only assist the immediate recipients, such as students and patients, but also to contribute to the overall progress of the communities they serve.

Currently, each project site boasts various initiatives. These include providing clean water and restroom facilities, implementing women's empowerment projects, and establishing emergency aid programs. Beyond these specific projects, Thaakat Foundation is dedicated to overall community development. This holistic approach ensures that the impact of their work extends beyond the immediate beneficiaries, contributing to a positive change in the community as a whole.

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Impact




October, 2024

Thaakat Foundation has made significant strides in promoting healthcare and education, greatly benefiting communities both in Sierra Leone and Pakistan. In 2022, the completion of a healthcare facility in Sierra Leone has enabled the treatment of over 30,000 patients, including more than 2,000 cases of malaria. The foundation's expansion of DREAMS Pakistan Schools has further improved access to education, with ten new classrooms opened and the adoption of an additional school, enriching the learning environment for numerous students.

The impact extends beyond health and education; Thaakat Foundation has provided over 180,000 meals through its campus lunch program in Pakistan, ensuring that children receive nutritional support. The launch of its first-ever school in Sierra Leone, with another under construction, marks a commitment to enhancing educational opportunities in underserved regions.

Significantly investing in sustainable initiatives, Thaakat Foundation has directed nearly $80,000 towards solar energy, local farming, and campus improvement projects. Additional aid includes a substantial $100,000 allocated for disaster relief, particularly focusing on the victims of the Pakistan floods—efforts that involved rebuilding homes and providing medical camps to support those in need.

Water accessibility has been improved with the construction of 30 solar-powered water wells, showcasing the foundation's commitment to sustainable development. In Pakistan, advanced medical facilities have been enhanced through the addition of critical diagnostic equipment, allowing for hundreds of free outpatient surgeries to be conducted.

Lastly, the investment in educational infrastructure, including playgrounds, sports fields, computer labs, and libraries, supports a well-rounded development for students, ensuring they receive both academic and social enrichment. Through its multifaceted approach, Thaakat Foundation actively fosters resilience and progress within communities.




This information is meant to be a general summary of Thaakat Foundation. 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
$982,660 (2022)
Expenses
$826,383 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $982,660

Assets and Liabilities:

  • Total Assets: $278,298
  • Total Liabilities: $0
  • Net Assets: $278,298

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Organization Details

Founding Year

2008

Principal Officer

Uzma Bawany

Main Address

118 Fairfield Drive, Romeoville, IL, 60446

NTEE Category

Code: Q33 - International

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