Elizabeth and Joseph Massoud Family logo

Elizabeth and Joseph Massoud Family

WILMINGTON, DE EIN: 46-2495320 Website

The Elizabeth and Joseph Massoud Family Foundation is a private foundation based in Wilmington, Delaware. Established in 2013, the foundation serves as a permanent vehicle for the Massoud family to contribute to local, national, and global communities, reflecting their family values and commitment to philanthropy.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

+21.4% YoY

Grant Count

43

+16.2% YoY

Avg Grant Size

$35K

+4.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to enable the Massoud family to contribute to their local, national, and global communities through strategic charitable giving. The foundation focuses on three primary areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Connecticut
  • New York
  • California

Grant Distribution by State

12states
+4 more states

Cities

BEVERLY HILLSBOONEBOSTONBRIDGEPORTCAMBRIDGECHINO HILLSCLAREMONTDANBURYDARIENFAIRFIELDHAMDENHARTFORDHONOLULUIRVINEKENTLINCOLNLOS ANGELESMIAMIMONROEMONTGOMERY

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $10,290,313 (as of most recent IRS 990 filing for 2024)
  • Total Annual Giving: $1,497,836
  • Tax-Exempt Status: Granted in May 2014
  • EIN: 46-2495320
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$374K$749K$1M$1M40 grants202029 grants202130 grants202237 grants202343 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CLAREMONT-MCKENNA COLLEGE$643KHABITAT FOR HUMANITY OF …$105KPRESIDENT & FELLOWS OF H…$100KHABITAT FOR HUMANITY OF …$95KCHILDRENS HOSPITAL CORPO…$75KCLAREMONT-MCKENNA COLLEGE$71KCATHOLIC CHARITIES OF FA…$50KBRIDGEPORT RESCUE MISSIO…$35KHOMES WITH HOPE INC$30KBOYS AND GIRLS CLUBS OF …$30K

Grant Size Distribution

179 grants across all recorded years

158<$50K15$50–100K3$100–250K$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Claremont-mckenna College ($642,857), Habitat for Humanity of Coastal Fairfield County I ($105,000), President & Fellows of Harvard College ($100,000).

RecipientPurposeAmount
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF CONNE HARTFORD, CTGeneral & Unrestricted$10,000
BETHESDA PROJECT PHILADELPHIA, PAGeneral & Unrestricted$12,500
BIG BROTHERS BIG SISTERS OF CONNECTICUT INC HARTFORD, CTCharitable Event$10,000
BOYS AND GIRLS CLUBS OF MIAMI-DADE INC MIAMI, FLGeneral & Unrestricted$29,500
BRIDGEPORT NEIGHBORHOOD TRUST INC BRIDGEPORT, CTGeneral & Unrestricted$25,000
BRIDGEPORT RESCUE MISSION INC BRIDGEPORT, CTGeneral & Unrestricted$35,000
BRIDGEPORT RESCUE MISSION INC BRIDGEPORT, CTCharitable Event$3,000
CATHOLIC CHARITIES OF FAIRFIELD COUNTY INC BRIDGEPORT, CTto support Massoud Family Kitchen$50,000
CATHOLIC CHARITIES OF FAIRFIELD COUNTY INC BRIDGEPORT, CTThomas Merton Center$5,000
CHILDRENS HOSPITAL CORPORATION BOSTON, MAFellowship program$75,000

Leadership & Key People

Leadership team and compensation from IRS filings

Joseph Massoud (also known as Ihab Joseph Morcos Massoud or Joe Massoud) is the founder and managing director of the foundation. He holds a Master of Business Administration from Harvard Business School and is a resident of Westport, Connecticut. Massoud previously founded The Compass Group and served as Managing Director of Anholt Services (USA), Inc.

Massoud serves as a board member of several charitable organizations, including:

  • Families Network of Western Connecticut
  • Habitat for Humanity of Coastal Fairfield County
  • Big Brothers/Big Sisters of Southwestern Connecticut
  • Bridgeport Rescue Mission
  • Staples High School Tuition Awards

Elizabeth Massoud is co-founder of the foundation. She and Joseph Massoud met at Harvard University.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Elizabeth Allman MassoudDir, VP1
Ihab Joseph MassoudPres, Dir, Sec, Treas1

Recent News & Activity

Recent developments and announcements

Joseph Massoud has been recognized for his philanthropic contributions, particularly to organizations serving vulnerable populations. He has received recognition from the Connecticut Food Bank for his support of hunger relief efforts and has sponsored community events such as Big Brothers Big Sisters of Southwestern Connecticut's Bowl for Kids' Sake fundraiser.

[PDF] I. Joseph Massoud - SEC.gov

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Elizabeth and Joseph Massoud Family fund?

The foundation's mission is to enable the Massoud family to contribute to their local, national, and global communities through strategic charitable giving. The foundation focuses on three primary areas: • **Education** • **Philanthropy, Voluntarism & Grantmaking** • **Human Services**

How do I apply for a grant from Elizabeth and Joseph Massoud Family?

**Grant Amounts:** Typical awards range from $300 to $642,857. **Total Annual Giving:** $1,497,836 (based on most recent IRS 990 filing for 2024) **Partner Organizations:** The foundation partners with numerous organizations across its focus areas, including: • American Civil Liberties Union • Big Brothers Big Sisters of Connecticut • Boston Children's Hospital • Bowery Mission of New York • Bridgeport Rescue Mission • Building Neighborhoods Together • Center for Disaster Philanthropy • Claremo…

Where does Elizabeth and Joseph Massoud Family make grants?

The foundation primarily funds organizations in: • Connecticut • New York • California

What size grants does Elizabeth and Joseph Massoud Family award?

In 2024, Elizabeth and Joseph Massoud Family awarded 43 grants totaling $1.5M — an average of about $35K per grant, based on its IRS Form 990 filings.

What is Elizabeth and Joseph Massoud Family's EIN?

Elizabeth and Joseph Massoud Family's EIN (Employer Identification Number) is 46-2495320. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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