Tariq and Asma Farid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 13 grants totaling $393K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$866K
-29.7% YoY
Annual Giving
$393K
-16.1% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$30K
+3.3% YoY
Under IRS private-foundation payout rules, Tariq and Asma Farid Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Tariq and Asma Farid Foundation
Based on IRS filings
Tariq and Asma Farid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $866K in total assets. In 2024, it awarded 13 grants totaling $393K. Net investment income was $29K.
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 | $865,650 | $1,231,645 | $1,673,444 |
| Revenue | $30,760 | $50,430 | $896,649 |
| Expenses | $395,745 | $469,636 | $404,693 |
| Qualifying Distributions | $395,745 | $468,236 | $350,500 |
| Net Investment Income | $28,650 | $50,430 | $297,198 |
| Distributable Amount | $20,471 | $28,389 | $12,677 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Zaytuna College ($200,000), Yaqueen Institute for Islamic Research ($50,000), Cair Georgia ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AL EHSAN WELFARE SOCIETY | GENERAL | $5,107 |
| CAIR GEORGIA DULUTH, GA | GENERAL | $25,000 |
| CONNECTICUT IMMIGRANT AND REFUGEE COALITION INC HARTFORD, CT | GENERAL | $10,000 |
| EVERY CHILD COUNTS WALLINGFORD, PA | GENERAL | $10,000 |
| INTERNATIONAL AID DOWNERS GROVE, IL | GENERAL | $25,000 |
| NOOR FAMILY SERVICES CORPORATION SUWANEE, GA | GENERAL | $1,500 |
| WELLSTAR FOUNDATION MARIETTA, GA | GENERAL | $25,000 |
| YAQUEEN INSTITUTE FOR ISLAMIC RESEARCH IRVING, TX | GENERAL | $50,000 |
| ZAYTUNA COLLEGE BERKELEY, CA | GENERAL | $200,000 |
| WORLD AFFAIRS COUNCIL OF CONNECTICUT HARTFORD, CT | GENERAL | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TARIQ FARID | DIRECTOR | — | — |
| ASMA FARID | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tariq and Asma Farid Foundation?
Tariq and Asma Farid Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $866K in total assets as of 2024.
How large is Tariq and Asma Farid Foundation?
As of 2024, Tariq and Asma Farid Foundation holds $866K in total assets with $31K in annual revenue. It awarded 13 grants totaling $393K in 2024.
Where does Tariq and Asma Farid Foundation operate?
Tariq and Asma Farid Foundation has awarded grants in California, Connecticut, District of Columbia, Georgia, Illinois, Kentucky, Massachusetts, Maryland, Michigan, New York, Pennsylvania, Texas.
What size grants does Tariq and Asma Farid Foundation award?
In 2024, Tariq and Asma Farid Foundation awarded 13 grants totaling $393K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Tariq and Asma Farid Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tariq and Asma Farid Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tariq and Asma Farid Foundation's EIN?
Tariq and Asma Farid Foundation's EIN (Employer Identification Number) is 46-3868042. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tariq and Asma Farid Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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