R&B Abbasi Foundation Inc
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.
Key facts about R&B Abbasi Foundation Inc
- EIN
- 81-3425275
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $311,967
- Grants made (2024)
- 28
- Average grant
- $11,142
- Median grant
- $5,000
- New grantees (estimate)
- 57% first-time grantees (16 of 28, 2024)
- Total assets
- $123,637
- Primary geography
- Pennsylvania (34% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who R&B Abbasi Foundation Inc funds
By grant dollars, the top recipient states for R&B Abbasi Foundation Inc's 28 itemized 2024 grants were Pennsylvania (34%), New Jersey (33%) and Georgia (16%). The most frequent recipient cities were Princeton, NJ (2 grants) and New York, NY (2 grants). None of its 28 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (25 grants) and "Donations" (3 grants).
Is R&B Abbasi Foundation Inc open to new grantees?
57%
first-time grantees, 2024
In 2024, 16 of 28 grantees (57%) were first-time recipients. First grants averaged $8K; repeat grants $16K. How we count
Medians: $4K first-time, $8K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with R&B Abbasi Foundation Inc
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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.
Focus Areas
Ready to take the next step with R&B Abbasi Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 28 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- 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
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Al-Maqasid ($95,850), Madina Institute ($50,000), New Brunswick Islamic Center ($23,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AL-MAQASID Macungie, PA | DONATION | $95,850 |
| MADINA INSTITUTE Duluth, GA | DONATION | $50,000 |
| NEW BRUNSWICK ISLAMIC CENTER Brunswick, NJ | DONATION | $23,000 |
| MASJID MUHAMMAD OF ATLANTIC CITY Atlantic City, NJ | DONATION | $20,000 |
| GOKSEN ELKAS Kendall Park, NJ | DONATION | $16,000 |
| FAWAKIH INSTITUTE Costa Mesa, CA | DONATION | $12,000 |
| LAUNCHGOOD INC Detroit, MI | DONATIONS | $11,070 |
| MEDINA COMMUNITY CLINIC Trenton, NJ | DONATION | $11,000 |
| NOOR-UL-IMAN SCHOOL Junction, NJ | DONATION | $10,000 |
| RAHMA CEMETARY Fleetwood, PA | DONATION | $10,000 |
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 |
|---|---|---|---|
| Bilquis Abbasi | Chair, Board of Trustees | 1 | — |
| Muhammad Rashid Abbasi | Vice Chair, Board of Trust | 1 | — |
| Sabah Abbasi | Treasurer, Board of Truste | 1 | — |
| Omar Abbasi | Secretary, Board of Truste | 1 | — |
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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.