Rasheed Family Foundation

Private foundation · Grantmaker Clinton, IA EIN: 42-1498943

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

Serving Humanity: $45KServing Humanity$45KAdams Center: $32KAdams Center$32KIcna Virginia: $5KIcna Virginia$5KBehbud USA: $5KBehbud USA$5KWMCIR: $4KWMCIR$4KDallas Islamic Foundation: $3KDallas Islamic Foundation$3KIcna Relief USA: $3KIcna Relief USA$3KCGH Health Foundation: $3KCGH Health Foundation$3KChurch of the Open Door Food Pantry: $3KChurch of the Open Door FoodPantry$3KDar Al-Hijrah Islamic Center: $3KDar Al-Hijrah Islamic Center$3K

The largest 2025 recipient was Serving Humanity ($45K). Together the top 10 received $106K.

Grant Size Distribution

92 grants across all recorded years

89<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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

15states

Share of 2025 grant dollars across all 20 itemized grants.

Cities

ClintonChicagoBettendorfSterlingAlexandriaHamstramckMadisonMolineColumbiaAshburnCedar RapidsDundeePiscatawayWashingonBartlesvilleCantonCollege ParkDetroitDuncanvilleHerndon

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

$0$50K$100K$150K$200K18 grants2019 18 grants2020 20 grants2021 18 grants2022 17 grants2023 17 grants2024 20 grants2025

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

RecipientPurposeAmount
Serving Humanity Madison, ALAnnual and Education Drive$45,000
Adams Center Sterling, VAFood Drive and Annual Drive$32,000
Icna Virginia Alexandria, VAAnnual Drive$5,000
Behbud USA Cranbury, NJAnnual Drive$5,000
WMCIR Lombard, ILAnnual Drive$4,000
Dallas Islamic Foundation Duncanville, TXAnnual Drive$3,000
Icna Relief USA Canton, MIHurricane Relief Fund$3,000
CGH Health Foundation Sterling, ILAnnual Drive$3,000
Church of the Open Door Food Pantry Clinton, IAAnnual Drive$3,000
Dar Al-Hijrah Islamic Center Falls Church, VAAnnual Drive$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$920,563$183,100$124,577$121,45520$121,455$31,528$43,965
2024$842,040$179,994$95,871$94,59017$94,590$40,773$36,490
2023$697,797$80,727$114,159$112,58517$112,585$17,104$36,150
2022$731,229$69,406$96,623$95,17518$95,175$22,240$37,166
2021$758,446$239,650$155,937$153,80320$153,803$35,337$34,801
2020$674,733$214,673$84,023$83,22818—$19,253$31,778
2019$544,083$35,163$80,420$80,42018—$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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 26, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  8. 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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