Saaaks Foundation Inc

SOUTHLAKE, TX EIN: 84-2826644

Saaaks Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHLAKE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$184K

+18.6% YoY

Annual Giving

$53K

-66.2% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$8K

-75.8% YoY

About Saaaks Foundation Inc

Based on IRS filings

Saaaks Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHLAKE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 7 grants totaling $53K. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AlexandriaBerkeleyFort WorthHoustonNew YorkOld WestburyRichland HillsSouthlakeTeaneckWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$213K$284K20202021202220232024
Metric202420232022
Total Assets$183,926$155,024$335,498
Revenue$83,249$-23,542$6,657
Expenses$54,347$156,932$41,908
Qualifying Distributions$54,180$156,576$41,620
Net Investment Income$10,612$4,664$6,289
Distributable Amount$8,195$15,480$17,522

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$78K$116K$155K4 grants20202 grants20213 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

UNRWA-USA$15KZAYTUNA COLLEGE$10KTARRANT AREA FOOD BANK$10KISLAMIC CENTER OF SOUTHL…$5KTHE CITIZENS FOUNDATION$5KFRIENDS OF HSMH$5KMUSLIM COMM CTR FOR HUMA…$3K

Grant Size Distribution

21 grants across all recorded years

20<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAMAL A SYEDPRESIDENT/SE0.25
SAMIRA K SYEDVICE PRESIDE0.25
AJAZ K SYEDTREASURER0.25

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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