Farooq and Sayeeda Selod Family
Farooq and Sayeeda Selod Family is a private foundation, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $595K in total assets. In 2024, it awarded 7 grants totaling $110K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$595K
Annual Giving
$110K
Grant Count
7
Avg Grant Size
$16K
Under IRS private-foundation payout rules, Farooq and Sayeeda Selod Family reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Farooq and Sayeeda Selod Family
Based on IRS filings
Farooq and Sayeeda Selod Family is a private foundation, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $595K in total assets. In 2024, it awarded 7 grants totaling $110K.
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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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $594,746 | $295,906 | $304,973 |
| Revenue | $261,602 | $105,000 | $108,000 |
| Expenses | $110,015 | $209,250 | $113,275 |
| Qualifying Distributions | $110,000 | $206,000 | $113,275 |
| Net Investment Income | — | — | — |
| Distributable Amount | $25,558 | $17,061 | $15,150 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Islamic Seminary of America ($40,000), Tisa ($30,000), Islamic Assn of Tarrant Co ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ISLAMIC MEDICAL ASSN OF N TX LOMBARD, IL | PLEDGE GIFT | $5,000 |
| ISLAMIC ASSN OF TARRANT CO FORT WORTH, TX | UNRESTRICTED GIFT | $10,000 |
| ISLAMIC SEMINARY OF AMERICA RICHARDSON, TX | ANNUAL GIFT | $40,000 |
| TISA FORT WORTH, TX | ANNUAL GIFT | $30,000 |
| MUSLIM JUSTICE LEAGUE BOSTON, MA | ANNUAL GIFT | $10,000 |
| INSTITUTE OF SOCIAL POLICY FORT WORTH, TX | UNRESTRICTED GIFT | $10,000 |
| PMR CHARITY FORT WORTH, TX | ANNUAL PLEDGE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OMAR SELOD DO | CHAIRMAN | 10 | — |
| ROSHAN SELOD | DIRECTOR | 1 | — |
| SAHER SELOD | DIRECTOR | 1 | — |
| SAMIRA SELOD | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Farooq and Sayeeda Selod Family?
As of 2024, Farooq and Sayeeda Selod Family holds $595K in total assets with $262K in annual revenue. It awarded 7 grants totaling $110K in 2024.
Where does Farooq and Sayeeda Selod Family operate?
Farooq and Sayeeda Selod Family has awarded grants in Illinois, Indiana, Massachusetts, Oregon, Texas, Virginia.
What size grants does Farooq and Sayeeda Selod Family award?
In 2024, Farooq and Sayeeda Selod Family awarded 7 grants totaling $110K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Farooq and Sayeeda Selod Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Farooq and Sayeeda Selod Family reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farooq and Sayeeda Selod Family's EIN?
Farooq and Sayeeda Selod Family's EIN (Employer Identification Number) is 75-2527395. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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