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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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