Azfar & Maheen Malik Fam Fdn Inc
Azfar & Maheen Malik Fam Fdn Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 20 grants totaling $181K. Net investment income was $270K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
+1.9% YoY
Annual Giving
$181K
-9.0% YoY
Grant Count
20
+53.8% YoY
Avg Grant Size
$9K
-40.8% YoY
Under IRS private-foundation payout rules, Azfar & Maheen Malik Fam Fdn Inc reported a distributable amount of $241K for 2024 — the minimum it must pay out in qualifying distributions.
About Azfar & Maheen Malik Fam Fdn Inc
Based on IRS filings
Azfar & Maheen Malik Fam Fdn Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 20 grants totaling $181K. Net investment income was $270K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,140,982 | $4,065,209 | $4,191,442 |
| Revenue | $288,935 | $100,412 | $-12,082 |
| Expenses | $213,180 | $225,835 | $13,805 |
| Qualifying Distributions | $193,551 | $209,040 | $5,089 |
| Net Investment Income | $270,306 | $93,975 | $44,396 |
| Distributable Amount | $241,414 | $191,238 | $203,656 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Developments in Literacy ($50,000), Missouri Baptist Healthcare ($25,000), Friends of Hsmh ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWEST ISLAMIC CENTER ST LOUIS, MO | UNRESTRICTED GENERAL | $10,000 |
| SHAUKAT KHANUM MEMORIAL FARMINGTON, CT | UNRESTRICTED GENERAL | $1,000 |
| FRIENDS OF INDUS HOSPITAL INC TEANECK, NJ | UNRESTRICTED GENERAL | $4,765 |
| VOLUNTEERS IN MEDICINE WEST COUNTY MANCHESTER, MO | UNRESTRICTED GENERAL | $1,000 |
| UMBF BALTIMORE, MD | APPEAL GGPAC | $5,000 |
| DEVELOPMENTS IN LITERACY IRVINE, CA | UNRESTRICTED GENERAL | $50,000 |
| DOWN SYNDROME ASSN OF GTR ST LOUIS ST LOUIS, MO | UNRESTRICTED GENERAL | $500 |
| MISSOURI BAPTIST HEALTHCARE ST LOUIS, MO | UNRESTRICTED GENERAL | $25,000 |
| CAIR-MISSOURI ST LOUIS, MO | UNRESTRICTED GENERAL | $2,500 |
| APPNA CHANTILLY, VA | UNRESTRICTED GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AZFAR M MALIK | CEO | 25 | — |
| MAHEEN M MALIK | SECRETARY | 25 | — |
| TARIQ F MALIK | CFO | 25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Azfar & Maheen Malik Fam Fdn Inc?
Azfar & Maheen Malik Fam Fdn Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $4.1M in total assets as of 2024.
How large is Azfar & Maheen Malik Fam Fdn Inc?
As of 2024, Azfar & Maheen Malik Fam Fdn Inc holds $4.1M in total assets with $289K in annual revenue. It awarded 20 grants totaling $181K in 2024.
Where does Azfar & Maheen Malik Fam Fdn Inc operate?
Azfar & Maheen Malik Fam Fdn Inc has awarded grants in California, Connecticut, Maryland, Missouri, New Jersey, New York, Texas, Virginia.
What size grants does Azfar & Maheen Malik Fam Fdn Inc award?
In 2024, Azfar & Maheen Malik Fam Fdn Inc awarded 20 grants totaling $181K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Azfar & Maheen Malik Fam Fdn Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Azfar & Maheen Malik Fam Fdn Inc reported a distributable amount of $241K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Azfar & Maheen Malik Fam Fdn Inc's EIN?
Azfar & Maheen Malik Fam Fdn Inc's EIN (Employer Identification Number) is 87-4175066. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Azfar & Maheen Malik Fam Fdn Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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