Raquib Family Waqf Foundation is a private foundation focused on Recreation & Sports, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $759K in total assets. In 2023, it awarded 1 grants totaling $86K. Net investment income was $31K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$759K
-6.7% YoY
Annual Giving
$86K
+43.3% YoY
Grant Count
1
-80.0% YoY
Avg Grant Size
$86K
+616.7% YoY
Under IRS private-foundation payout rules, Raquib Family Waqf Foundation reported a distributable amount of $38K for 2023 — the minimum it must pay out in qualifying distributions.
About Raquib Family Waqf Foundation
Based on IRS filings
Raquib Family Waqf Foundation is a private foundation focused on Recreation & Sports, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $759K in total assets. In 2023, it awarded 1 grants totaling $86K. Net investment income was $31K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $758,796 | $813,338 | $867,159 |
| Revenue | $39,155 | $14,481 | $159,896 |
| Expenses | $93,697 | $68,302 | $61,965 |
| Qualifying Distributions | $92,985 | $67,642 | $61,370 |
| Net Investment Income | $31,458 | $6,179 | $97,931 |
| Distributable Amount | $38,154 | $42,773 | $44,436 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Birmingam Islamic Society ($86,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIRMINGAM ISLAMIC SOCIETY HOOVER, AL | DONATION TOWARDS THE ISLAMIC CENTER OF BIRMINGHAM | $86,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FAROUK RAQUIB | SETTLOR AND TRUSTEE | — | — |
| NASIMA RAQUIB | TRUSTEE | — | — |
| RIAZUL RAQUIB | TRUSTEE | — | — |
| AISHAH RAQUIB | TRUSTEE | — | — |
| KHADIJAH RAQUIB | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raquib Family Waqf Foundation?
Raquib Family Waqf Foundation is a private foundation focused on Recreation & Sports, based in BIRMINGHAM, AL. It holds $759K in total assets as of 2023.
How large is Raquib Family Waqf Foundation?
As of 2023, Raquib Family Waqf Foundation holds $759K in total assets with $39K in annual revenue. It awarded 1 grants totaling $86K in 2023.
Where does Raquib Family Waqf Foundation operate?
Raquib Family Waqf Foundation has awarded grants in Alabama, District of Columbia, Georgia, Illinois, Maryland, Mississippi, Pennsylvania, Virginia.
What size grants does Raquib Family Waqf Foundation award?
In 2023, Raquib Family Waqf Foundation awarded 1 grants totaling $86K — an average of about $86K per grant, based on its IRS Form 990 filings.
How much is Raquib Family Waqf Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Raquib Family Waqf Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raquib Family Waqf Foundation's EIN?
Raquib Family Waqf Foundation's EIN (Employer Identification Number) is 46-3924396. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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