Hamid Foundation Inc
Hamid Foundation Inc is a private foundation, based in TOLLAND, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $23K in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23K
-0.1% YoY
Revenue
$1K
+19.8% YoY
Qualifying Distributions
$1K
+20.7% YoY
Expenses
$1K
+20.7% YoY
Under IRS private-foundation payout rules, Hamid Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Hamid Foundation Inc
Based on IRS filings
Hamid Foundation Inc is a private foundation, based in TOLLAND, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $23K in total assets. In 2024, it made $1K in qualifying distributions. Net investment income was $1.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,371 | $23,405 | $23,427 |
| Revenue | $1,051 | $877 | $1,252 |
| Expenses | $1,085 | $899 | $1,292 |
| Qualifying Distributions | $1,085 | $899 | $1,292 |
| Net Investment Income | $1 | $2 | $2 |
| Distributable Amount | $1,152 | $1,153 | $1,154 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rashid Hamid | Director | 4 | — |
| Abdul Naek | President | 4 | — |
Frequently Asked Questions
How large is Hamid Foundation Inc?
As of 2024, Hamid Foundation Inc holds $23K in total assets with $1K in annual revenue.
Where does Hamid Foundation Inc operate?
Hamid Foundation Inc has awarded grants in Connecticut.
How much is Hamid Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hamid 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 Hamid Foundation Inc's EIN?
Hamid Foundation Inc's EIN (Employer Identification Number) is 22-2580013. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.