Mussarat and Ilyas Foundatioon
Mussarat and Ilyas Foundatioon is a private foundation focused on N/A, based in Bellair, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 8 grants totaling $117K. Net investment income was $279K.
Mussarat and Ilyas Foundatioon at a glance
In short: Mussarat and Ilyas Foundatioon gave $117K across 8 grants in 2024 (avg $15K), top state Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $116,500
- +137.8% vs 2023
- Grants made (2024)
- 8
- +0.0% vs 2023
- Average grant
- $14,563
- +137.8% vs 2023
- Median grant
- $15,000
- Total assets
- $1,646,873
- +3.4% vs 2023
- Primary geography
- Florida (31% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mussarat and Ilyas Foundatioon funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Friends of Indus Hospital ($35K). Together the top 8 received $117K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Mussarat and Ilyas Foundatioon gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $49K (2023) to $117K (2024). In 2024 it made 8 grants totaling $117K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Indus Hospital Teaneck, NJ | To Provide Free Medical Treatment | $35,000 |
| Clearwater Dawa Center Largo, FL | To Support and Promote Islamic Scholars | $20,000 |
| The Citizen Foundation Houston, TX | To Promote Education | $20,000 |
| Zaytune College Berkley, CA | To Provide Scholarships to Qualified | $20,000 |
| Community Education Center Tampa, FL | Serving education, social, religious and cultural needs of the tampa bay area. | $10,000 |
| Human Devolepment Foundation Oakbrook, IL | To provide health care, education, literacy, economic development and scholarships | $5,000 |
| Al-Rahma Hijama Center Tarpon Springs, FL | In the name of allah, the most eneficent, the most merciful. To support masjid alrahman. | $5,000 |
| Pakistani American Association Tampa, FL | To Foster Community Among Pakistani Americans | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,646,873 | $278,893 | $224,746 | $116,500 | 8 | $116,500 | $278,893 | $2,659 |
| 2023 | $1,592,726 | $41,726 | $49,000 | $49,000 | 8 | $49,000 | $41,726 | $5,987 |
| 2022 | $7,788,685 | — | $100 | — | — | — | — | $308,085 |
| 2021 | $1,670,675 | $1,695,675 | $25,000 | — | — | — | — | — |
Under IRS private-foundation payout rules, Mussarat and Ilyas Foundatioon reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mussarat and Ilyas Foundatioon's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mohammad I. Yamani
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Mussart Yamani
Trustee
On filings since 2023
7 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Mussarat and Ilyas Foundatioon
How much does Mussarat and Ilyas Foundatioon give each year?
Mussarat and Ilyas Foundatioon gave $117K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $49K across 8 grants.
What is Mussarat and Ilyas Foundatioon's typical grant size?
Mussarat and Ilyas Foundatioon's median grant in 2024 was $15,000, and its average grant was $14,563, across 8 grants on its 2024 IRS Form 990-PF.
Where does Mussarat and Ilyas Foundatioon give grants?
Mussarat and Ilyas Foundatioon's top state is Florida, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (30%) and Texas (17%). The most frequent recipient cities were Tampa, FL (2 grants).
Does Mussarat and Ilyas Foundatioon give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Mussarat and Ilyas Foundatioon's 2024 IRS Form 990-PF were described as general or operating support.
Who are Mussarat and Ilyas Foundatioon's largest grantees?
Mussarat and Ilyas Foundatioon's largest 2024 grantees include Friends of Indus Hospital ($35,000), Clearwater Dawa Center ($20,000) and The Citizen Foundation ($20,000), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.
How large is Mussarat and Ilyas Foundatioon?
Mussarat and Ilyas Foundatioon reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Mussarat and Ilyas Foundatioon?
Mussarat and Ilyas Foundatioon is a private foundation focused on N/A, based in Bellair, FL. It holds $1.6M in total assets as of 2024.
What is Mussarat and Ilyas Foundatioon's EIN?
Mussarat and Ilyas Foundatioon's EIN (Employer Identification Number) is 87-6587057. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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