Lebanese Orphans Virtuous Education
Lebanese Orphans Virtuous Education is a private foundation, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $510K in total assets. In 2024, it awarded 14 grants totaling $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$510K
+11.1% YoY
Annual Giving
$73K
+13.4% YoY
Grant Count
14
+100.0% YoY
Avg Grant Size
$5K
-43.3% YoY
Under IRS private-foundation payout rules, Lebanese Orphans Virtuous Education reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Lebanese Orphans Virtuous Education
Based on IRS filings
Lebanese Orphans Virtuous Education is a private foundation, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $510K in total assets. In 2024, it awarded 14 grants totaling $73K.
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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 | $510,154 | $459,074 | $436,075 |
| Revenue | $124,644 | $86,946 | $123,312 |
| Expenses | $73,564 | $63,947 | $42,355 |
| Qualifying Distributions | $72,544 | $63,947 | $42,355 |
| Net Investment Income | — | — | — |
| Distributable Amount | $23,955 | $21,811 | $17,138 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lebanese American University ($25,000), Jamal Abi Ghanem ($7,020), Rana Bassam Baz ($5,520).
| Recipient | Purpose | Amount |
|---|---|---|
| RANA BASSAM BAZ | TUITION AND EDUCATIONAL FEES | $5,520 |
| FAKHER AL BARADHI WAXHAW, NC | TUITION CPCC | $3,155 |
| IMAD MAHMOUD | TUITION AND EDUCATIONAL FEES | $5,115 |
| NANCY ZAYOUR | TUITION-LEBANESE AMERICAN UNIVERSITY | $4,349 |
| GHADI DAOU | TUITION-LEBANESE AMERICAN UNIVERSITY | $5,146 |
| KARAM ALSAIGH | EDUCATIONAL FEES | $1,461 |
| LEBANESE AMERICAN UNIVERSITY NEW YORK, NY | ENDOWMENT | $25,000 |
| MAJD ALAA MALAEB | TUITION | $2,200 |
| JAD CHAZBEK | TUITION | $2,378 |
| JAMAL ABI GHANEM | TUITION | $7,020 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NABIL ABOU-NASSR-EDDINE | DIRECTOR | — | — |
| DIANA ABOU-NASSR-EDDINE | DIRECTOR | — | — |
Frequently Asked Questions
How large is Lebanese Orphans Virtuous Education?
As of 2024, Lebanese Orphans Virtuous Education holds $510K in total assets with $125K in annual revenue. It awarded 14 grants totaling $73K in 2024.
Where does Lebanese Orphans Virtuous Education operate?
Lebanese Orphans Virtuous Education has awarded grants in North Carolina, New York, Ohio.
What size grants does Lebanese Orphans Virtuous Education award?
In 2024, Lebanese Orphans Virtuous Education awarded 14 grants totaling $73K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Lebanese Orphans Virtuous Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lebanese Orphans Virtuous Education reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lebanese Orphans Virtuous Education's EIN?
Lebanese Orphans Virtuous Education's EIN (Employer Identification Number) is 01-0941616. 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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