Farooq Family Foundation Inc

Grantmaker Locust Valley, NY EIN: 87-1780247

Farooq Family Foundation Inc is a nonprofit organization, based in Locust Valley, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $510K in total assets. In 2024, it awarded 4 grants totaling $42K. Net investment income was $44K.

Farooq Family Foundation Inc at a glance

In short: Farooq Family Foundation Inc gave $42K across 4 grants in 2024 (avg $11K). Source: 2024 IRS Form 990 filing.

Annual giving (2024)
$42,108
Grants made (2024)
4
Average grant
$10,527
Median grant
$11,666
Total assets
$510,069
+69.1% vs 2023
Latest 990 filing
Form 990 filing, 2024 View filing

Data from IRS Form 990 filing, 2024; updated September 2026.

Who Farooq Family Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2021 0 grants2022 0 grants2023 4 grants2024

In 2024 it made 4 grants totaling $42K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
4 grants to individuals Recipients not named —$42,108
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$510,069$4,340$47,108$42,1084$43,877
2023$301,626$548————
2022$200,078$78————

Leadership & Key People

Officers and directors from IRS filings

Farooq Family Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Mohammad A. Farooq

    Trustee

    On filings since 2021

    10 hrs/week

    No compensation reported

  • Shah-Rukh Paracha

    Director

    On filings since 2021

    10 hrs/week

    No compensation reported

  • Sameena Farooq

    Treasurer

    On filings since 2021

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Farooq Family Foundation Inc

How much does Farooq Family Foundation Inc give each year?

Farooq Family Foundation Inc gave $42K across 4 grants in 2024, according to its 2024 IRS Form 990 filing.

What is Farooq Family Foundation Inc's typical grant size?

Farooq Family Foundation Inc's median grant in 2024 was $11,666, and its average grant was $10,527, across 4 grants on its 2024 IRS Form 990 filing.

Does Farooq Family Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Farooq Family Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Education" (4 grants).

How large is Farooq Family Foundation Inc?

Farooq Family Foundation Inc reported $510K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $4K.

What is Farooq Family Foundation Inc's EIN?

Farooq Family Foundation Inc's EIN (Employer Identification Number) is 87-1780247. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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Cite this profile

Grantable. (2026). Farooq Family Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/farooq-family-foundation-inc-morg_0fc9738836a241c9b53508827e852cd9

BibTeX
@misc{grantable_871780247_2026,
  author       = {{Grantable}},
  title        = {{Farooq Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/farooq-family-foundation-inc-morg_0fc9738836a241c9b53508827e852cd9},
  note         = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Farooq Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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