Majeed Foundation Inc
Majeed Foundation Inc is a private foundation, based in St Petersburg, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.9M in total assets. In 2024, it awarded 6 grants totaling $459K. Net investment income was $257K.
Key facts about Majeed Foundation Inc
In short: Majeed Foundation Inc gave $459K across 6 grants in 2024 (avg $76K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- EIN
- 47-2653320
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $458,996
- Grants made (2024)
- 6
- Average grant
- $76,499
- Median grant
- $20,500
- Total assets
- $18,910,562
- Primary geography
- Florida (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.9M
+29.7% YoY
Annual Giving
$459K
-56.5% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$76K
-42.0% YoY
Under IRS private-foundation payout rules, Majeed Foundation Inc reported a distributable amount of $796K for 2024 — the minimum it must pay out in qualifying distributions.
How Majeed Foundation Inc gives
- Giving fell 30% from 2021 to 2024. Method
- In 2024 it paid out 58% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Majeed Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $351K (2020) to $1.1M (2023). In 2024 it made 6 grants totaling $459K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Waterfront Parks Foundation ($203K). Together the top 6 received $459K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 18 grants of 34 (53%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Waterfront Parks Foundation St Petersburg, FL | Support Mission | $202,996 |
| City of St Petersburg St Petersburg, FL | St Pete Splash Pad and Walkway | $200,000 |
| Florida Botanical Gardents Largo, FL | Support Public Gardens | $25,000 |
| The Dali Museum St Petersburg, FL | Support Mission | $16,000 |
| Syriac Orthodox Archdioce Tarpon Springs, FL | Support Mission | $10,000 |
| St Athanasius Syriac Orthodox Churc Tarpon Springs, FL | Support Mission | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,910,562 | $14,582,298 | $11,888,796 |
| Revenue | $2,782,268 | $2,271,634 | $172,794 |
| Expenses | $477,088 | $1,097,766 | $480,147 |
| Qualifying Distributions | $458,996 | $1,055,011 | $436,565 |
| Net Investment Income | $257,437 | $229,111 | $156,738 |
| Distributable Amount | $795,718 | $598,909 | $605,981 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 31, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Majeed Foundation Inc is led by Kamal N. Majeed, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kamal N. Majeed
President
On filings since 2020
10 hrs/week
No compensation reported
Christina M. Majeed
Vice President
Director → Vice President, 2022
On filings since 2020
5 hrs/week
No compensation reported
Najla T. Majeed
Secretary & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Majeed Foundation Inc
How much does Majeed Foundation Inc give each year?
Majeed Foundation Inc gave $459K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 8 grants.
What is Majeed Foundation Inc's typical grant size?
Majeed Foundation Inc's median grant in 2024 was $20,500, and its average grant was $76,499, across 6 grants on its 2024 IRS Form 990-PF.
Where does Majeed Foundation Inc give grants?
Majeed Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were St Petersburg, FL (3 grants) and Tarpon Springs, FL (2 grants).
Does Majeed Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Majeed Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Mission" (4 grants).
Who are Majeed Foundation Inc's largest grantees?
Majeed Foundation Inc's largest 2024 grantees include Waterfront Parks Foundation ($202,996), City of St Petersburg ($200,000) and Florida Botanical Gardents ($25,000), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is Majeed Foundation Inc?
Majeed Foundation Inc reported $18.9M in total assets on its 2024 IRS Form 990-PF. It paid out $459K in qualifying distributions that year, against a required minimum of $796K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Majeed Foundation Inc's EIN?
Majeed Foundation Inc's EIN (Employer Identification Number) is 47-2653320. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Majeed Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Majeed Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Ima Foundation
Wichita, KS
Assets
$11.4M
Grants
602
Total Given
$831K
The George W Bauer Family
Cranford, NJ
The George W Bauer Family supports organizations working in areas including health, education, food access, the environment, youth, and religious and humanitarian services. Its 2025 grants ranged from $2,500 to $60,000, with a median of $15,000; the largest share went to New Jersey, though it also funded organizations in other states and Washington, DC. It accepts requests by letter with supporting materials, and the filing states no restrictions on awards.
Assets
$27.1M
Grants
77
Total Given
$1.4M
Central Indiana Community Foundation Inc
Indianapolis, IN
Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.
Assets
$583.5M
Grants
525
Total Given
$31.1M
Loeb Family Foundation Inc
Winnetka, IL
The foundation supports a broad range of charitable organizations, including education, early learning, health, community services, recreation, conservation, housing, and food assistance. Its 2025 grants ranged from $200 to $25,250, with a median of $1,050, and went mainly to Illinois organizations, as well as recipients in several other states. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$2.9M
Grants
60
Total Given
$189K
The Community Foundation of Louisville Depository Inc
Louisville, KY
The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.
Assets
$24.0M
Grants
421
Total Given
$20.5M
Publix Super Markets Charities Inc
Lakeland, FL
Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for Northeast Florida Inc
Jacksonville, FL
The Community Foundation for Northeast Florida supports neighborhood strengthening, nonprofit capacity, education, older adults, the arts, and other community needs, primarily in Baker, Clay, Duval, Nassau, Putnam, and St. Johns counties. Its 2024 grants had a median of $5,000, while its Program Support grants offer up to $25,000; eligible nonprofits may apply to competitive programs, but donor-advised funds do not accept applications.
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
Community Foundation of Tampa Bay Inc
Tampa, FL
The Community Foundation of Tampa Bay funds nonprofits through competitive grants and other programs focused on economic opportunity, environmental resilience, health and wellbeing, education, and vibrant communities. Its typical grant is about $25,000, and it serves Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. It accepts applications through its competitive grants process and rolling Critical Needs List.
Assets
$1.0B
Grants
698
Total Given
$54.3M
Gulf Coast Community Foundation Inc
Venice, FL
Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with grants generally serving Sarasota and Charlotte counties, DeSoto County, Boca Grande, Lakewood Ranch, and Longboat Key, Florida. In 2025, grants ranged from $5,030 to $2,101,739, with a median of $16,251; Community Grants are capped at $25,000 per nonprofit per fiscal year. It accepts letters of inquiry for Community Grants; Catalytic and Initiative Grants are by invitation.
Assets
$533.7M
Grants
651
Total Given
$45.0M
More Funders in Florida
Majeed Foundation Inc down — hundreds of funders to go?