Taj Mazhar Charitable Foundation is a private foundation focused on Education, based in NAPERVILLE, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $169K in total assets. In 2024, it awarded 3 grants totaling $19K. Net investment income was $108.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$169K
-2.6% YoY
Annual Giving
$19K
+172.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$6K
-9.3% YoY
Under IRS private-foundation payout rules, Taj Mazhar Charitable Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Taj Mazhar Charitable Foundation
Based on IRS filings
Taj Mazhar Charitable Foundation is a private foundation focused on Education, based in NAPERVILLE, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $169K in total assets. In 2024, it awarded 3 grants totaling $19K. Net investment income was $108.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $169,179 | $173,717 | $175,912 |
| Revenue | $17,197 | $6,079 | $5,289 |
| Expenses | $22,201 | $8,363 | $8,776 |
| Qualifying Distributions | $19,443 | $7,132 | $8,628 |
| Net Investment Income | $108 | $1,391 | $3,141 |
| Distributable Amount | $8,660 | $8,006 | $7,725 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include DePaul University ($16,443), East West University ($1,500), College of Dupage ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| DePaul University Chicago, IL | Educational Scholarship | $16,443 |
| East West University Chicago, IL | Educational Scholarship | $1,500 |
| College of Dupage Glen Ellyn, IL | Educational Scholarship | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M Saleem Sheikh | Trustee | — | — |
| Ahsen Sheikh | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Taj Mazhar Charitable Foundation?
Taj Mazhar Charitable Foundation is a private foundation focused on Education, based in NAPERVILLE, IL. It holds $169K in total assets as of 2024.
How large is Taj Mazhar Charitable Foundation?
As of 2024, Taj Mazhar Charitable Foundation holds $169K in total assets with $17K in annual revenue. It awarded 3 grants totaling $19K in 2024.
Where does Taj Mazhar Charitable Foundation operate?
Taj Mazhar Charitable Foundation has awarded grants in Illinois.
What size grants does Taj Mazhar Charitable Foundation award?
In 2024, Taj Mazhar Charitable Foundation awarded 3 grants totaling $19K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Taj Mazhar Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Taj Mazhar Charitable Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Taj Mazhar Charitable Foundation's EIN?
Taj Mazhar Charitable Foundation's EIN (Employer Identification Number) is 31-1624576. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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