Rasheed Family Foundation
The Rasheed Family Foundation is a private foundation based in Clinton, Iowa. Its 2025 filing reports 20 grants totaling $121,455, with listed purposes including annual and education drives, a food drive, and hurricane relief.
Rasheed Family Foundation at a glance
In short: Rasheed Family Foundation gave $121K across 20 grants in 2025 (avg $6K), top state Alabama. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $121,455
- +28.4% vs 2024
- Grants made (2025)
- 20
- +17.6% vs 2024
- Average grant
- $6,073
- +9.1% vs 2024
- Median grant
- $3,000
- Total assets
- $920,563
- +9.3% vs 2024
- New grantees (estimate)
- 30% first-time grantees (6 of 20, 2025; small sample)
- Primary geography
- Alabama (37% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Rasheed Family Foundation
- How to Apply
-
The 2025 filing says to submit a written request to Qaiser Rasheed. It lists an open date and no restrictions on awards. The foundation states that it does not restrict giving to preselected organizations.
- Contact
Application contact: Qaiser Rasheed
Mailing address: 915 13Th Ave N, Clinton, IA 52732
Phone: (563) 243-2511
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Rasheed Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Serving Humanity ($45K). Together the top 10 received $106K.
Grant Size Distribution
92 grants across all recorded years
The most common grant size was under $50K: 89 grants of 92 (97%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in Alabama (37%), Virginia (33%), Illinois (9%), Iowa (8%), and Michigan (4%), among other states.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is Rasheed Family Foundation open to new grantees?
30%
first-time grantees, 2025
In 2025, 6 of 20 grantees (30%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $3K; repeat grants $7K. How we count
Medians: $3K first-time, $2K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 28% from 2022 to 2025. Method
- In 2025 it paid out 276% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $80K (2019) to $154K (2021). In 2025 it made 20 grants totaling $121K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Serving Humanity Madison, AL | Annual and Education Drive | $45,000 |
| Adams Center Sterling, VA | Food Drive and Annual Drive | $32,000 |
| Icna Virginia Alexandria, VA | Annual Drive | $5,000 |
| Behbud USA Cranbury, NJ | Annual Drive | $5,000 |
| WMCIR Lombard, IL | Annual Drive | $4,000 |
| Dallas Islamic Foundation Duncanville, TX | Annual Drive | $3,000 |
| Icna Relief USA Canton, MI | Hurricane Relief Fund | $3,000 |
| CGH Health Foundation Sterling, IL | Annual Drive | $3,000 |
| Church of the Open Door Food Pantry Clinton, IA | Annual Drive | $3,000 |
| Dar Al-Hijrah Islamic Center Falls Church, VA | Annual Drive | $3,000 |
Ready to take the next step with Rasheed Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $920,563 | $183,100 | $124,577 | $121,455 | 20 | $121,455 | $31,528 | $43,965 |
| 2024 | $842,040 | $179,994 | $95,871 | $94,590 | 17 | $94,590 | $40,773 | $36,490 |
| 2023 | $697,797 | $80,727 | $114,159 | $112,585 | 17 | $112,585 | $17,104 | $36,150 |
| 2022 | $731,229 | $69,406 | $96,623 | $95,175 | 18 | $95,175 | $22,240 | $37,166 |
| 2021 | $758,446 | $239,650 | $155,937 | $153,803 | 20 | $153,803 | $35,337 | $34,801 |
| 2020 | $674,733 | $214,673 | $84,023 | $83,228 | 18 | — | $19,253 | $31,778 |
| 2019 | $544,083 | $35,163 | $80,420 | $80,420 | 18 | — | $18,941 | $29,577 |
Under IRS private-foundation payout rules, Rasheed Family Foundation reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied activities. For example, Behbud USA describes its mission as empowering women and their communities through health, education, income generation, and vocational training; CGH Health Foundation describes its mission as pursuing healthier lives for people in the Sauk Valley; and Midwest Lumber Museum Inc. describes its mission as establishing an interactive educational and cultural museum celebrating the history of the sawmill area.
Grantmaking
In 2025, the foundation made 20 grants totaling $121,455. Grants ranged from $500 to $45,000, with a median grant of $3,000. The largest listed awards were $45,000 to Serving Humanity for an annual and education drive and $32,000 to Adams Center for a food drive and annual drive. Other listed awards included $5,000 to ICNA Virginia for an annual drive, $5,000 to Behbud USA for an annual drive, and $4,000 to WMCIR for an annual drive.
Leadership & Key People
Officers and directors from IRS filings
Rasheed Family Foundation is led by Qaiser Rasheed, President on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Qaiser Rasheed
President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Rasheed Family Foundation
How much does Rasheed Family Foundation give each year?
Rasheed Family Foundation gave $121K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $95K across 17 grants.
What is Rasheed Family Foundation's typical grant size?
Rasheed Family Foundation's median grant in 2025 was $3,000, and its average grant was $6,073, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Rasheed Family Foundation that year got $3K on average.
Where does Rasheed Family Foundation give grants?
Rasheed Family Foundation's top state is Alabama, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Virginia (33%) and Illinois (9%). The most frequent recipient cities were Clinton, IA (5 grants).
Does Rasheed Family Foundation give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Rasheed Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Annual Drive" (16 grants).
Who are Rasheed Family Foundation's largest grantees?
Rasheed Family Foundation's largest 2025 grantees include Serving Humanity ($45,000), Adams Center ($32,000) and Icna Virginia ($5,000), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.
How large is Rasheed Family Foundation?
Rasheed Family Foundation reported $921K in total assets on its 2025 IRS Form 990-PF. It paid out $121K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).
What does Rasheed Family Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied activities. See mission & focus areas ↑
How do I apply for a grant from Rasheed Family Foundation?
The 2025 filing says to submit a written request to Qaiser Rasheed. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rasheed Family Foundation's EIN?
Rasheed Family Foundation's EIN (Employer Identification Number) is 42-1498943. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Rasheed Family Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/rasheed-family-foundation-morg_ca1e75ab84cf4f098f381853298e4f53
BibTeX
@misc{grantable_421498943_2026,
author = {{Grantable}},
title = {{Rasheed Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rasheed-family-foundation-morg_ca1e75ab84cf4f098f381853298e4f53},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Rasheed Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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