The Omar and Rula Asali Foundation 10-221740
The Omar and Rula Asali Foundation 10-221740 is a private foundation focused on Human Services, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $105K in total assets. In 2025, it awarded 1 grant totaling $200K.
The Omar and Rula Asali Foundation 10-221740 at a glance
In short: The Omar and Rula Asali Foundation 10-221740 gave $200K across 1 grant in 2025 (avg $200K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $200,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $200,000
- +0.0% vs 2024
- Median grant
- $200,000
- Total assets
- $104,574
- -66.1% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Omar and Rula Asali Foundation 10-221740 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Virginia Tech Foundation ($200K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was in the $100–250K range: 6 grants of 9 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Omar and Rula Asali Foundation 10-221740 gives
- Giving grew 60% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $100K (2023) to $235K (2021). In 2025 it made 1 grant totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Tech Foundation Richmond, VA | General | $200,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $104,574 | $6,095 | $210,051 | $200,000 | 1 | $202,000 | — | $9,913 |
| 2024 | $308,530 | $16,698 | $211,220 | $200,000 | 1 | $202,000 | $8,698 | $18,845 |
| 2023 | $503,052 | $21,732 | $110,048 | $100,000 | 1 | $102,000 | $13,732 | $26,366 |
| 2022 | $591,353 | $6,551 | $135,715 | $125,000 | 2 | $126,200 | $1,751 | $30,296 |
| 2021 | $720,531 | $156,592 | $236,246 | $235,000 | 4 | $235,500 | $156,592 | $38,114 |
| 2020 | $800,185 | $43,018 | $140,101 | $120,000 | 2 | — | $26,866 | $33,895 |
Under IRS private-foundation payout rules, The Omar and Rula Asali Foundation 10-221740 reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Omar and Rula Asali Foundation 10-221740's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Hsbc Bank USA
Administrator Trustee
On filings since 2020
1 hr/week
$20K (2020) → $10K (2025)
Omar Asali
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rula Asali
Trustee
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $10K, to HSBC Bank USA (Admin Trustee).
Frequently asked questions about The Omar and Rula Asali Foundation 10-221740
How much does The Omar and Rula Asali Foundation 10-221740 give each year?
The Omar and Rula Asali Foundation 10-221740 gave $200K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 1 grant.
How large is The Omar and Rula Asali Foundation 10-221740?
The Omar and Rula Asali Foundation 10-221740 reported $105K in total assets on its 2025 IRS Form 990-PF. It paid out $202K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is The Omar and Rula Asali Foundation 10-221740?
The Omar and Rula Asali Foundation 10-221740 is a private foundation focused on Human Services, based in New York, NY. It holds $105K in total assets as of 2025.
Where does The Omar and Rula Asali Foundation 10-221740 operate?
The Omar and Rula Asali Foundation 10-221740 has awarded grants in District of Columbia, New York, Virginia.
What is The Omar and Rula Asali Foundation 10-221740's EIN?
The Omar and Rula Asali Foundation 10-221740's EIN (Employer Identification Number) is 46-4221128. 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
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