Hamoui Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 8 grants totaling $2.8M. Net investment income was $3.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.5M
-7.0% YoY
Annual Giving
$2.8M
+76.0% YoY
Grant Count
8
-27.3% YoY
Avg Grant Size
$353K
+142.0% YoY
Under IRS private-foundation payout rules, Hamoui Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Hamoui Foundation
Based on IRS filings
Hamoui Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.5M in total assets. In 2024, it awarded 8 grants totaling $2.8M. Net investment income was $3.5M.
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 | $14,495,550 | $15,587,191 | $12,400,808 |
| Revenue | $3,877,708 | $1,777,251 | $907,040 |
| Expenses | $3,189,804 | $1,963,884 | $1,148,881 |
| Qualifying Distributions | $2,825,000 | $1,605,000 | $750,619 |
| Net Investment Income | $3,512,904 | $1,418,367 | $508,778 |
| Distributable Amount | $1,001,521 | $937,734 | $1,065,678 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Horizon Irvine Educational Foundation ($1,500,000), Lungevity Foundation ($500,000), Hoag Hospital Foundation ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UMMA CLINIC POMONA, CA | GENERAL CHARITABLE CONTRIBUTION FOR HEALTHCARE AND COMMUNITY-WELLNESS SERVICES | $50,000 |
| COUNCIL ON AMERICAN-ISLAMIC RELATIONS WASHINGTON, DC | GENERAL CHARITABLE CONTRIBUTION FOR EDUCATIONAL AND SOCIAL PROGRAMS | $100,000 |
| MPAC - MUSLIM PUBLIC AFFAIRS COUNCIL LOS ANGELES, CA | GENERAL CHARITABLE CONTRIBUTION FOR THE CIVIL RIGHTS OF AMERICAN MUSLIMS | $100,000 |
| SABIL USA IRVINE, CA | GENERAL CHARITABLE CONTRIBUTION FOR REFUGEE AND HOMELESS POPULATION SERVICES | $50,000 |
| SYRIAN AMERICAN MEDICAL SOCIETY WASHINGTON, DC | GENERAL CHARITABLE CONTRIBUTION FOR MEDICAL SERVICES | $25,000 |
| LUNGEVITY FOUNDATION CHICAGO, IL | GENERAL CHARITABLE CONTRIBUTION FOR LUNG RESEARCH | $500,000 |
| NEW HORIZON IRVINE EDUCATIONAL FOUNDATION IRVINE, CA | A FOUNDATION SUPPORTING THE NEW HORIZON SCHOOL IRVINE IN IRVINE, CA | $1,500,000 |
| HOAG HOSPITAL FOUNDATION NEWPORT BEACH, CA | GENERAL CHARITABLE CONTRIBUTION FOR MEDICAL SERVICES | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OMAR HAMOUI | PRESIDENT | 5 | — |
| OMAIMA SALOUS | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hamoui Foundation?
Hamoui Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEEDHAM, MA. It holds $14.5M in total assets as of 2024.
How large is Hamoui Foundation?
As of 2024, Hamoui Foundation holds $14.5M in total assets with $3.9M in annual revenue. It awarded 8 grants totaling $2.8M in 2024.
Where does Hamoui Foundation operate?
Hamoui Foundation has awarded grants in California, District of Columbia, Illinois, New Jersey, New York.
What size grants does Hamoui Foundation award?
In 2024, Hamoui Foundation awarded 8 grants totaling $2.8M — an average of about $353K per grant, based on its IRS Form 990 filings.
How much is Hamoui Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hamoui Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hamoui Foundation's EIN?
Hamoui Foundation's EIN (Employer Identification Number) is 27-3280120. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hamoui Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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