Siddiq Foundation Inc

Private foundation · Grantmaker Piscataway, NJ EIN: 87-4167849

Siddiq Foundation Inc is a private foundation focused on Human Services, based in Piscataway, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $166K in total assets. In 2024, it awarded 7 grants totaling $80K. Net investment income was $8K.

Key facts about Siddiq Foundation Inc

In short: Siddiq Foundation Inc gave $80K across 7 grants in 2024 (avg $11K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
87-4167849
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$80,029
Grants made (2024)
7
Average grant
$11,433
Median grant
$3,330
Total assets
$166,243
Primary geography
New Jersey (88% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$166K

Annual Giving

$80K

Grant Count

7

Avg Grant Size

$11K

Under IRS private-foundation payout rules, Siddiq Foundation Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

How Siddiq Foundation Inc gives

  • Giving grew 289% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

Monmouth JunctionNorth BrunswickColumbiaDetroitNew BrunswickSomerville

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2021 7 grants2024

From 2021 to 2024, annual grant giving ranged from $21K (2021) to $80K (2024). In 2024 it made 7 grants totaling $80K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

New Brunswick Islamic Center: $49KNew Brunswick Islamic Center$49KNoor-Ul-Iman School: $16KNoor-Ul-Iman School$16KLaunchgood Inc: $5KLaunchgood Inc$5KActblue - Mkhairullah: $3KActblue - Mkhairullah$3KCenter for Islamic Life at Rutgers University: $3KCenter for Islamic Life atRutgers University$3KIslamic Society of Central Jersey: $3KIslamic Society of CentralJersey$3KAl-Madina Institute: $1KAl-Madina Institute$1K

The largest 2024 recipient was New Brunswick Islamic Center ($49K). Together the top 7 received $80K.

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 8 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
New Brunswick Islamic Center North Brunswick, NJCharitable Donation$49,000
Noor-Ul-Iman School Monmouth Junction, NJCharitable Donation$16,330
Launchgood Inc Detroit, MICharitable Donation$5,250
Actblue - Mkhairullah Somerville, MACharitable Donation$3,330
Center for Islamic Life at Rutgers University New Brunswick, NJCharitable Donation$2,575
Islamic Society of Central Jersey Monmouth Junction, NJCharitable Donation$2,500
Al-Madina Institute Columbia, MDCharitable Donation$1,044

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2024
Metric20242021
Total Assets$166,243$129,450
Revenue$59,247$150,000
Expenses$81,610$20,550
Qualifying Distributions$80,186—
Net Investment Income$7,823—
Distributable Amount$7,865—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Siddiq Foundation Inc is led by Farrukh Chaudhry, President on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Farrukh Chaudhry

    President

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Siddiq Foundation Inc

How much does Siddiq Foundation Inc give each year?

Siddiq Foundation Inc gave $80K across 7 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Siddiq Foundation Inc's typical grant size?

Siddiq Foundation Inc's median grant in 2024 was $3,330, and its average grant was $11,433, across 7 grants on its 2024 IRS Form 990-PF.

Where does Siddiq Foundation Inc give grants?

Siddiq Foundation Inc gives mostly in New Jersey: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Michigan (7%). The most frequent recipient cities were Monmouth Junction, NJ (2 grants).

Does Siddiq Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Siddiq Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (7 grants).

Who are Siddiq Foundation Inc's largest grantees?

Siddiq Foundation Inc's largest 2024 grantees include New Brunswick Islamic Center ($49,000), Noor-Ul-Iman School ($16,330) and Launchgood Inc ($5,250), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.

How large is Siddiq Foundation Inc?

Siddiq Foundation Inc reported $166K in total assets on its 2024 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What is Siddiq Foundation Inc?

Siddiq Foundation Inc is a private foundation focused on Human Services, based in Piscataway, NJ. It holds $166K in total assets as of 2024.

What is Siddiq Foundation Inc's EIN?

Siddiq Foundation Inc's EIN (Employer Identification Number) is 87-4167849. IRS Form 990 filing data is available on this page for 2021–2024.

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

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