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Yaqeen Endowment

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

EIN: 834372176 ✦ Irving, TX ✦ Designated as a 501(c)(3)

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Overview

What is Yaqeen Endowment?

Yaqeen Endowment is a financial resource established to bolster the Yaqeen Research Institute, Inc., located in Irving, Texas. Its primary role is to act as an endowment vehicle, providing financial support for the institute's operations and development. The endowment's mission is to contribute to the growth of the Yaqeen Research Institute, which is dedicated to conducting research in various fields. Although the specific focus of the institute is not specified in the provided information, the endowment's role is to provide the necessary financial backing to facilitate its operations and initiatives.

Is Yaqeen Endowment legitimate?

Yaqeen Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yaqeen Endowment 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

What is the mission statement of Yaqeen Endowment?

The Yaqeen Endowment serves as a funding mechanism to bolster the Yaqeen Research Institute. Its mission, in essence, is to aid in the growth and operation of the Yaqeen Research Institute, without providing specific details about the institute's objectives or focus areas. This endowment is instrumental in ensuring the institute's continued research and development activities.

Who is the CEO of Yaqeen Endowment?

Faisal Shaikh is the President, Board Member of Yaqeen Endowment.

What is the revenue of Yaqeen Endowment?

Yaqeen Endowment's revenue in 2022 was $6,239,575.

Who are the executives of Yaqeen Endowment and what are their salaries?

There 4 volunteers at Yaqeen Endowment.


Here are 4 key members and their salaries:


Omar Suleiman (President, Board Member)
  • Compensation: $0
  • Related: $119,000
  • Other: $24,327
Tahan Thraya (Vice President, Board Memb)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashraf Motiwala (Secretary, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faisal Shaikh (Treasurer, Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yaqeen Endowment?

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

Mission Statement of Yaqeen Endowment

Yaqeen Endowment, as a supporting entity, is committed to fostering the growth and development of Yaqeen Research Institute, Inc. Its primary mission is to serve as an endowment vehicle, channeling resources towards the institute's initiatives. This mission is crucial in bolstering the capabilities and reach of Yaqeen Research Institute, enabling it to contribute effectively to its field of focus.

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Impact




October, 2024

Yaqeen Endowment significantly enhances the capacity of the Yaqeen Research Institute by providing a sustainable financial foundation essential for its programs and initiatives. By acting as a dedicated endowment vehicle, it ensures that critical research and projects aimed at addressing pressing issues related to civil rights can thrive and expand.

Located in Irving, TX, the endowment plays a vital role in facilitating the growth and development of the institute, which focuses on producing high-quality scholarship and educational resources. This support fosters a rich environment for exploration and discourse, ultimately contributing to a deeper understanding and promotion of civil rights.

Through its efforts, the Yaqeen Endowment not only secures the financial future of the institute but also paves the way for impactful research initiatives. This proactive approach allows for sustained engagement with the community and broader society, ensuring that the values and insights generated by the institute can reach a wider audience and effect meaningful change.




This information is meant to be a general summary of Yaqeen Endowment. 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
$6,239,575 (2022)
Expenses
$42,292 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $194,363
  • Gross Receipts: $7,272,897

Assets and Liabilities:

  • Total Assets: $25,212,691
  • Total Liabilities: $0
  • Net Assets: $25,212,691

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Organization Details

Founding Year

2019

Principal Officer

Faisal Shaikh

Main Address

7750 N MACARTHUR BLVD 120237, IRVING, TX, 75063

NTEE Category

Code: R11 - Civil rights

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