Farouk Shami Foundation for Peace
Farouk Shami Foundation for Peace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 2 grants totaling $80K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$719K
-9.2% YoY
Annual Giving
$80K
+60.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$40K
-20.0% YoY
Under IRS private-foundation payout rules, Farouk Shami Foundation for Peace reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About Farouk Shami Foundation for Peace
Based on IRS filings
Farouk Shami Foundation for Peace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 2 grants totaling $80K. Net investment income was $16K.
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 | $719,262 | $792,184 | $820,386 |
| Revenue | $20,368 | $22,517 | $7,347 |
| Expenses | $91,289 | $50,305 | $75,310 |
| Qualifying Distributions | $84,515 | $50,000 | $75,000 |
| Net Investment Income | $15,823 | $22,212 | $7,187 |
| Distributable Amount | $37,993 | $38,247 | $40,252 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Leonard Education Organization ($50,000), Cair ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAIR SE WASHINGTON, DC | CHARITABLE | $30,000 |
| LEONARD EDUCATION ORGANIZATION BUENA VISTA, VA | TO PROVIDE SCHOLARSHIPS FOR ARAB AMERICAN CHILDREN | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Farouk Shami Foundation for Peace?
Farouk Shami Foundation for Peace is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $719K in total assets as of 2024.
How large is Farouk Shami Foundation for Peace?
As of 2024, Farouk Shami Foundation for Peace holds $719K in total assets with $20K in annual revenue. It awarded 2 grants totaling $80K in 2024.
Where does Farouk Shami Foundation for Peace operate?
Farouk Shami Foundation for Peace has awarded grants in District of Columbia, Texas, Virginia.
What size grants does Farouk Shami Foundation for Peace award?
In 2024, Farouk Shami Foundation for Peace awarded 2 grants totaling $80K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Farouk Shami Foundation for Peace required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Farouk Shami Foundation for Peace reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farouk Shami Foundation for Peace's EIN?
Farouk Shami Foundation for Peace's EIN (Employer Identification Number) is 81-5108618. 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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