R&b Abbasi Foundation Inc

BELLE MEAD, NJ EIN: 81-3425275

R&b Abbasi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE MEAD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124K in total assets. In 2024, it awarded 28 grants totaling $312K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$124K

+324.7% YoY

Annual Giving

$312K

+46.6% YoY

Grant Count

28

+86.7% YoY

Avg Grant Size

$11K

-21.5% YoY

About R&b Abbasi Foundation Inc

Based on IRS filings

R&b Abbasi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE MEAD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124K in total assets. In 2024, it awarded 28 grants totaling $312K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

16states
+8 more states

Cities

AlexandriaAtlantic CityBedminsterBerkeleyBridgewater TownshipBrooklynBrunswickBurnswickCheneyCincinnatiCliftonColumbiaCosta MesaDetroitDuluthFarmingtonFleetwoodGermantownHamiltonHollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$139K$278K$417K$556K20202021202220232024
Metric202420232022
Total Assets$123,637$29,110$129,955
Revenue$505,337$147,548$140,053
Expenses$315,981$216,994$250,612
Qualifying Distributions$311,967$212,850$245,720
Net Investment Income$5,282$42,528$40,033
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$78K$156K$234K$312K13 grants202014 grants202116 grants202215 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AL-MAQASID$96KMADINA INSTITUTE$50KNEW BRUNSWICK ISLAMIC CE…$23KMASJID MUHAMMAD OF ATLAN…$20KGOKSEN ELKAS$16KFAWAKIH INSTITUTE$12KLAUNCHGOOD INC$11KMEDINA COMMUNITY CLINIC$11KNOOR-UL-IMAN SCHOOL$10KRAHMA CEMETARY$10K

Grant Size Distribution

86 grants across all recorded years

82<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Al-maqasid ($95,850), Madina Institute ($50,000), New Brunswick Islamic Center ($23,000).

RecipientPurposeAmount
AL MADINA WOODLAWN, MDDONATION$100
AL MADINA INSTITUTE BROOKLYN, NYDONATION$5,000
AL SHIFA FOUNDATION PRINCETON, NJDONATION$5,000
AL-MAQASID MACUNGIE, PADONATION$95,850
ARTS COUNCIL OF PRINCETON PRINCETON, NJDONATION$1,000
CELEBRATE MERCY MASON, OHDONATIONS$100
CHILDLIFE FOUNDATION AMER HOLLYWOOD, FLDONATION$5,000
DOCTORS WO BORDER NEW YORK, NYDONATION$1,000
FAWAKIH INSTITUTE COSTA MESA, CADONATION$12,000
GOKSEN ELKAS KENDALL PARK, NJDONATION$16,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BILQUIS ABBASICHAIR, BOARD OF TRUSTEES1
MUHAMMAD RASHID ABBASIVICE CHAIR, BOARD OF TRUST1
SABAH ABBASITREASURER, BOARD OF TRUSTE1
OMAR ABBASISECRETARY, BOARD OF TRUSTE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is R&b Abbasi Foundation Inc?

R&b Abbasi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLE MEAD, NJ. It holds $124K in total assets as of 2024.

How large is R&b Abbasi Foundation Inc?

As of 2024, R&b Abbasi Foundation Inc holds $124K in total assets with $505K in annual revenue. It awarded 28 grants totaling $312K in 2024.

Where does R&b Abbasi Foundation Inc operate?

R&b Abbasi Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Maryland, Michigan, Minnesota, New Jersey, New York, Ohio, Pennsylvania, Texas, Virginia, Washington.

What size grants does R&b Abbasi Foundation Inc award?

In 2024, R&b Abbasi Foundation Inc awarded 28 grants totaling $312K — an average of about $11K per grant, based on its IRS Form 990 filings.

What is R&b Abbasi Foundation Inc's EIN?

R&b Abbasi Foundation Inc's EIN (Employer Identification Number) is 81-3425275. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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