Alkhayyat Foundation Inc

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

EIN: 850939435 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(4)

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Overview

What is Alkhayyat Foundation Inc?

Alkhayyat Foundation Inc is a nonprofit organization committed to social welfare. Their primary objective is to offer aid in the areas of relief, health, and education to individuals facing hardships. They achieve this goal by collaborating with or donating to other organizations with similar missions. In 2020, they made significant contributions in this regard. Alkhayyat Foundation Inc's work extends beyond its own operations, demonstrating a dedication to uplifting communities and supporting those in need.


Official website here: www.alkhayyatfoundation.org/

Is Alkhayyat Foundation Inc legitimate?

Alkhayyat Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alkhayyat Foundation Inc submitted a form 990EZ, 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.


Official website here: www.alkhayyatfoundation.org/

What is the mission statement of Alkhayyat Foundation Inc?

The Alkhayyat Foundation Inc's mission is centered around promoting social welfare. They achieve this by offering aid in the areas of relief, health, and education to individuals who are in need. The foundation also collaborates with or makes donations to other non-profit organizations that share similar objectives. In 2020, Alkhayyat Foundation contributed a grant to further their mission of providing assistance to those in need.


Official website here: www.alkhayyatfoundation.org/

Who is the CEO of Alkhayyat Foundation Inc?

Unavailable


Official website here: www.alkhayyatfoundation.org/

What is the revenue of Alkhayyat Foundation Inc?

Alkhayyat Foundation Inc's revenue in 2020 was $100,047.


Official website here: www.alkhayyatfoundation.org/

Who are the executives of Alkhayyat Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Moutaz Alkhayyat (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mazen Alsbeti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alkhayyatfoundation.org/

Where can I find the form 990EZ for Alkhayyat Foundation Inc?

Alkhayyat Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.alkhayyatfoundation.org/

Learn more at the official website: www.alkhayyatfoundation.org/

Mission Statement of Alkhayyat Foundation Inc

Alkhayyat Foundation Inc is committed to promoting social welfare. This nonprofit organization focuses on providing relief, health, and educational aid to individuals in need. Additionally, Alkhayyat Foundation supports other nonprofit organizations that share similar objectives by collaborating with them or making donations. In 2020, the foundation made significant contributions, as indicated in the information provided. By pursuing these goals, Alkhayyat Foundation aims to improve the lives of those who are less fortunate, thereby contributing to a more equitable society.

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Impact




October, 2024

Alkhayyat Foundation Inc makes a significant impact by promoting social welfare through targeted relief, health, and educational assistance to those in need. By collaborating with and donating to various nonprofit organizations with similar missions, the foundation amplifies its reach and effectiveness in addressing critical social issues. Its efforts not only provide immediate aid to vulnerable populations but also contribute to long-term solutions that enhance community well-being and stability. In 2020, Alkhayyat Foundation's grant-making efforts further demonstrated its commitment to fostering positive change in the areas of health and education, ultimately enriching the lives of many individuals and families. Through its philanthropic initiatives, Alkhayyat Foundation plays a crucial role in building stronger, more resilient communities in Gaithersburg, MD, and beyond.




This information is meant to be a general summary of Alkhayyat Foundation Inc. 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
$100,047 (2020)
Expenses
$100,000 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $47
  • Gross Receipts: $100,047

Assets and Liabilities:

  • Total Assets: $768
  • Total Liabilities: $0
  • Net Assets: $768

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Organization Details

Main Address

18 WADE COURT, GAITHERSBURG, MD, 20818

NTEE Category

Code: T30 - Philanthropy

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