Safa Trust Inc
To promote religious, educational, cultural and charitable projects.
Safa Trust Inc at a glance
In short: Safa Trust Inc gave $570K across 1 grant in 2024 (avg $570K), mostly in Virginia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $569,745
- -95.1% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $569,745
- -85.4% vs 2023
- Median grant
- $569,745
- Total assets
- $335,963,848
- +4.0% vs 2023
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Safa Trust Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Intl Institute of Islamic Thought (Iiit) ($570K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 7 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Safa Trust Inc gives
- Giving fell 94% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $570K (2024) to $16.6M (2022). In 2024 it made 1 grant totaling $570K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Intl Institute of Islamic Thought (Iiit) Herndon, VA | Iiit is a supported organization of safa trust inc. | $569,745 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $335,963,848 | $15,737,956 | $2,784,577 | $569,745 | 1 | $15,410,053 |
| 2023 | $323,042,063 | $1,640,040 | $13,023,237 | $11,708,541 | 3 | $1,251,861 |
| 2022 | $334,267,116 | $9,683,580 | $16,923,900 | $16,569,745 | 1 | $9,191,309 |
| 2021 | $343,509,225 | $129,994,977 | $14,611,491 | $9,569,745 | 1 | $15,884,602 |
| 2020 | $340,519,463 | $23,494,393 | $17,337,435 | $10,125,532 | 1 | $22,806,930 |
About Safa Trust Inc
Based on IRS filings
Safa Trust Inc is a public charity, based in Herndon, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $336.0M in total assets. In 2024, it awarded 1 grant totaling $570K. Net investment income was $15.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Safa Trust Inc is led by Hisham Altalib, Board Trustee & President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hisham Altalib
Board Trustee & President
On filings since 2020
2 hrs/week
$4K (2020) → $0 (2024)
Ahmad Totonji
Board Trustee & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ahmed Alwani
Board Trustee & Vice President
Board Trustee → Board Trustee & Vice President, 2021
On filings since 2020
8 hrs/week
No compensation reported
Firas Barzinji
Board Trustee
On filings since 2020
1 hr/week
No compensation reported
Hasan Altalib
Board Trustee & Secretary
Board Trustee → Board Trustee & Secretary, 2021
On filings since 2020
8 hrs/week
No compensation reported
Muna Abusulayman
Board Trustee
On filings since 2020
1 hr/week
No compensation reported
Omar Hasan Kasule
Board Trustee
On filings since 2020
1 hr/week
No compensation reported
Omer Totonji
Board Trustee
On filings since 2020
1 hr/week
No compensation reported
Tevfik Avci
Board Trustee
On filings since 2022
1 hr/week
No compensation reported
Former officers (4)
- Former: Abdulhamid Abusulayman (2020–2021) — Board Trustee
- Former: Kristina Klimova (2020–2021) — Accounting Manager
- Former: Mariam Khaziuri (2020–2021) — Chief Financial Officer
- Former: Tawfiq Awji (2020–2021) — Board Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $46K, to Mariam Khaziuri (Chief Financial Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Safa Trust Inc
How much does Safa Trust Inc give each year?
Safa Trust Inc gave $570K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $11.7M across 3 grants.
How large is Safa Trust Inc?
Safa Trust Inc reported $336.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $15.7M.
Where does Safa Trust Inc operate?
Safa Trust Inc has awarded grants in Florida, Virginia.
What is Safa Trust Inc's EIN?
Safa Trust Inc's EIN (Employer Identification Number) is 54-1399426. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 21, 2023)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 17, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Safa Trust Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Safa Trust Inc's focus areas in our free grants database
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