Barkat Ali Foundation Inc is a private foundation focused on Education, based in Jericho, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $35K in total assets.
Key facts about Barkat Ali Foundation Inc
- EIN
- 87-4118829
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $34,530
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$35K
+69.1% YoY
Revenue
$15K
Net Investment Income
—
Expenses
$895
-91.1% YoY
Under IRS private-foundation payout rules, Barkat Ali Foundation Inc reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
How Barkat Ali Foundation Inc gives
- In 2024 it paid out 798% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $8K (2022) to $10K (2024). In 2024 it made 1 grant totaling $10K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $34,530 | $20,425 | $30,450 |
| Revenue | $15,000 | — | $10,000 |
| Expenses | $895 | $10,025 | $800 |
| Qualifying Distributions | — | $10,000 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,353 | $1,253 | $1,273 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Barkat Ali Foundation Inc is led by Abdul Majeed, President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Abdul Majeed
President
On filings since 2021
2 hrs/week
No compensation reported
Farhan Majeed
Secretary
On filings since 2021
0.8 hrs/week
No compensation reported
Hasaan Majeed
Treasurer
On filings since 2021
0.5 hrs/week
No compensation reported
Zainab Majeed
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Barkat Ali Foundation Inc
How large is Barkat Ali Foundation Inc?
Barkat Ali Foundation Inc reported $35K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $15K.
What is Barkat Ali Foundation Inc?
Barkat Ali Foundation Inc is a private foundation focused on Education, based in Jericho, NY. It holds $35K in total assets as of 2025.
Where does Barkat Ali Foundation Inc operate?
Barkat Ali Foundation Inc has awarded grants in Illinois, Michigan.
How much is Barkat Ali Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Barkat Ali Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Barkat Ali Foundation Inc's EIN?
Barkat Ali Foundation Inc's EIN (Employer Identification Number) is 87-4118829. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Barkat Ali Foundation Inc by hand.
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