Lebanese Orphans Virtuous Education

Foundation · Grantmaker Cornelius, NC EIN: 01-0941616

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.

Key facts about Lebanese Orphans Virtuous Education

EIN: 01-0941616
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $72,544
Grants made (2024): 14
Average grant: $5,182
Median grant: $3,661
Total assets: $510,154
Primary geography: New York (34% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Lebanese Orphans Virtuous Education funds

By grant dollars, the top recipient states for Lebanese Orphans Virtuous Education's 14 itemized 2024 grants were New York (34%). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Tuition" (7 grants).

How Lebanese Orphans Virtuous Education gives

Giving grew 135% from 2021 to 2024. Method
In 2024 it paid out 303% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Lebanese Orphans Virtuous Education

How to evaluate Lebanese Orphans Virtuous Education as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$510K

+11.1% YoY

Annual Giving

$73K

+13.4% YoY

Grant Count

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $25K (34%)

North Carolina $3K (4%)

All other $44K (61%)

Share of all 14 itemized 2024 grant dollars.

States

North Carolina New York Ohio

Cities

New YorkWaxhawCharlotteCleveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients include Lebanese American University ($25,000), Jamal Abi Ghanem ($7,020), Rana Bassam Baz ($5,520).

Recipient	Purpose	Amount
LEBANESE AMERICAN UNIVERSITY New York, NY	ENDOWMENT	$25,000
JAMAL ABI GHANEM	TUITION	$7,020
RANA BASSAM BAZ	TUITION AND EDUCATIONAL FEES	$5,520
GHADI DAOU	TUITION-LEBANESE AMERICAN UNIVERSITY	$5,146
IMAD MAHMOUD	TUITION AND EDUCATIONAL FEES	$5,115
NANCY ZAYOUR	TUITION-LEBANESE AMERICAN UNIVERSITY	$4,349
HADY BALLOUT	TUITION	$3,859
SALLY AMER	TUITION	$3,463
FAKHER AL BARADHI Waxhaw, NC	TUITION CPCC	$3,155
JAD CHAZBEK	TUITION	$2,378

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS 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.