The Adib Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 47-2630025

The Adib Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.2M in total assets. In 2025, it awarded 3 grants totaling $178K. Net investment income was $125K.

Key facts about The Adib Foundation Inc

In short: The Adib Foundation Inc gave $178K across 3 grants in 2025 (avg $59K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
47-2630025
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$178,246
Grants made (2025)
3
Average grant
$59,415
Median grant
$30,153
Total assets
$5,156,493
Primary geography
New York (83% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.2M

+21.7% YoY

Annual Giving

$178K

+27.6% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$59K

+70.1% YoY

Under IRS private-foundation payout rules, The Adib Foundation Inc reported a distributable amount of $230K for 2025 — the minimum it must pay out in qualifying distributions.

How The Adib Foundation Inc gives

  • Giving grew 37% from 2022 to 2025. Method
  • In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

12states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

CalabasasNew YorkSpringfield GardensMerrifieldCherry HillDallasHanoverWashingtonAlexandriaArlingtonCambridgeChicagoFort LeeKentLousbilleMinneapolisNorthridgePrincetonSanta BarbaraTorrance

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K12 grants2020 5 grants2021 12 grants2022 5 grants2023 4 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $74K (2020) to $178K (2025). In 2025 it made 3 grants totaling $178K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Anjuman-E-Badri NY Incanjuman-E-Badri NY Inc: $145KAnjuman-E-Badri NYIncanjuman-E-Badri NY Inc$145KDawat-E-Hadiyah America: $30KDawat-E-Hadiyah America$30KLaunchgood: $3KLaunchgood$3K

The largest 2025 recipient was Anjuman-E-Badri NY Incanjuman-E-Badri NY Inc ($145K). Together the top 3 received $178K.

Grant Size Distribution

29 grants across all recorded years

24<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 29 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Anjuman-E-Badri NY Incanjuman-E-Badri NY Inc Springfield Gardens, NYGeneral Support$145,257
Dawat-E-Hadiyah America Calabasas, CAGeneral Support$30,153
Launchgood New York, NYGeneral Support$2,836

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$5,156,493$4,237,852$3,455,769
Revenue$605,551$-28,421$139,377
Expenses$215,445$172,166$157,679
Qualifying Distributions$182,946$143,901$150,146
Net Investment Income$124,632$12,999$131,379
Distributable Amount$229,604$189,274$147,081

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS April 28, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Adib Foundation Inc is led by Shabbir Adib, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Shabbir Adib

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rakesh V. Chodari

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ruby Adib

    Vice President & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Taha Adib

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The Adib Foundation Inc

How much does The Adib Foundation Inc give each year?

The Adib Foundation Inc gave $178K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $140K across 4 grants.

What is The Adib Foundation Inc's typical grant size?

The Adib Foundation Inc's median grant in 2025 was $30,153, and its average grant was $59,415, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Adib Foundation Inc give grants?

The Adib Foundation Inc gives mostly in New York: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (17%).

Does The Adib Foundation Inc give general operating support?

Yes: 100% of The Adib Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Adib Foundation Inc?

The Adib Foundation Inc reported $5.2M in total assets on its 2025 IRS Form 990-PF. It paid out $183K in qualifying distributions that year, against a required minimum of $230K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Adib Foundation Inc's EIN?

The Adib Foundation Inc's EIN (Employer Identification Number) is 47-2630025. IRS Form 990 filing data is available on this page for 2020–2025.

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

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