Rahmah Foundation Inc is a private foundation focused on Religion Related, based in LAKE VILLA, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 9 grants totaling $21K. Net investment income was $10.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-26.1% YoY
Annual Giving
$21K
-98.8% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$2K
-98.6% YoY
About Rahmah Foundation Inc
Based on IRS filings
Rahmah Foundation Inc is a private foundation focused on Religion Related, based in LAKE VILLA, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 9 grants totaling $21K. Net investment income was $10.
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 | $3,458,389 | $4,676,900 | $6,364,175 |
| Revenue | $822,454 | $357,655 | $317,669 |
| Expenses | $141,145 | $1,986,028 | $325,447 |
| Qualifying Distributions | $84,876 | $156,280 | $169,345 |
| Net Investment Income | $10 | $15,671 | $10,041 |
| Distributable Amount | $52,301 | $119,272 | $105,636 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
39 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 |
|---|---|---|---|
| Ashfaq Hussain | President | 20 | — |
| Fatima Ashfaq | Vice President | 20 | — |
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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