Rashid Family Foundation Inc is a private foundation focused on Education, based in FAIRFAX, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $66K in total assets. In 2024, it awarded 2 grants totaling $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$66K
+16.7% YoY
Annual Giving
$2K
-59.8% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1K
-79.9% YoY
Under IRS private-foundation payout rules, Rashid Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Rashid Family Foundation Inc
Based on IRS filings
Rashid Family Foundation Inc is a private foundation focused on Education, based in FAIRFAX, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $66K in total assets. In 2024, it awarded 2 grants totaling $2K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $65,969 | $56,543 | $47,248 |
| Revenue | $12,000 | $15,000 | $16,000 |
| Expenses | $2,574 | $5,705 | $3,752 |
| Qualifying Distributions | $2,012 | $5,000 | $3,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,017 | $2,556 | $2,025 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Adams Operation ($1,012), Peace Link Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PEACE LINK FOUNDATION GAITHERSBURG, MD | CHARITABLE | $1,000 |
| ADAMS OPERATION STERLING, VA | CHARITABLE | $1,012 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ABDUR R CHAUDHRY | PRESIDENT | 2 | — |
| ROBINA RASHID | VICE PRESIDE | 2 | — |
| HAMZA RASHID | SECRETARY | 1 | — |
| WARDAH RASHID | TREASURER | 2 | — |
| TALHA RASHID | DIRECTOR | 1 | — |
| AMNA RASHID | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rashid Family Foundation Inc?
Rashid Family Foundation Inc is a private foundation focused on Education, based in FAIRFAX, VA. It holds $66K in total assets as of 2024.
How large is Rashid Family Foundation Inc?
As of 2024, Rashid Family Foundation Inc holds $66K in total assets with $12K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Rashid Family Foundation Inc operate?
Rashid Family Foundation Inc has awarded grants in Maryland, Virginia.
What size grants does Rashid Family Foundation Inc award?
In 2024, Rashid Family Foundation Inc awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Rashid Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rashid Family Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rashid Family Foundation Inc's EIN?
Rashid Family Foundation Inc's EIN (Employer Identification Number) is 87-4034658. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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