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 2024. As of 2024, the organization holds $309K in total assets. In 2024, it awarded 1 grants totaling $200K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$309K
-38.7% YoY
Annual Giving
$200K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$200K
+100.0% YoY
About The Omar and Rula Asali Foundation 10-221740
Based on IRS filings
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 2024. As of 2024, the organization holds $309K in total assets. In 2024, it awarded 1 grants totaling $200K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $308,530 | $503,052 | $591,353 |
| Revenue | $16,698 | $21,732 | $6,551 |
| Expenses | $211,220 | $110,048 | $135,715 |
| Qualifying Distributions | $202,000 | $102,000 | $126,200 |
| Net Investment Income | $8,698 | $13,732 | $1,751 |
| Distributable Amount | $18,845 | $26,366 | $30,296 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HSBC BANK USA | ADMIN TRUSTEE | 1 | $10,000 |
| OMAR ASALI | TRUSTEE | 1 | — |
| RULA ASALI | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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