Waheed and Raana Akbar Waqf is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAGINAW, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $431K in total assets. In 2024, it awarded 12 grants totaling $50K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$431K
Annual Giving
$50K
Grant Count
12
Avg Grant Size
$4K
About Waheed and Raana Akbar Waqf
Based on IRS filings
Waheed and Raana Akbar Waqf is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAGINAW, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $431K in total assets. In 2024, it awarded 12 grants totaling $50K. Net investment income was $7K.
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 | 2020 |
|---|---|---|
| Total Assets | $430,985 | — |
| Revenue | $137,141 | — |
| Expenses | $53,474 | — |
| Qualifying Distributions | $49,750 | — |
| Net Investment Income | $6,574 | — |
| Distributable Amount | — | $424 |
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
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Saginaw Valley State Univ Foundatio ($16,000), Well of Saginaw ($10,000), Islamic Center of Greater Detroit ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GREAT LAKES BAY HEALTH CENTER SAGINAW, MI | CHANGING LIVES | $1,000 |
| WELL OF SAGINAW SAGINAW, MI | SKILLS DEVELOPMENT | $10,000 |
| MUSTARD SEED SHELTER SAGINAW, MI | WOMEN'S HOMELESSNESS | $1,000 |
| EAST SIDE SOUP KITCHEN SAGINAW, MI | MEALS & HOPE | $1,000 |
| EMMAUS HOUSE OF SAGINAW SAGINAW, MI | WOMENS SHELTER | $1,000 |
| ISLAMIC CENTER OF SAGINAW SAGINAW, MI | PROMOTE PEACE | $3,000 |
| CITIZENS FOUNDATION - USA HOUSTON, TX | EDUCATION | $3,250 |
| TEMPLE ARTS SAGINAW, MI | PERFORMANCE & VISUAL ARTS | $2,000 |
| MID MICHIGAN CHILDRENS MUSEUM SAGINAW, MI | EXPLORE & LEARN | $500 |
| SAGINAW VALLEY STATE UNIV FOUNDATIO UNIVERSITY CTR, MI | EDUCATION | $16,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAHEED AKBAR | PRESIDENT | — | — |
| AMNA AKBAR | DIRECTOR | — | — |
| ZAINAB AKBAR | DIRECTOR | — | — |
| AHMED A AKBAR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Waheed and Raana Akbar Waqf?
Waheed and Raana Akbar Waqf is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAGINAW, MI. It holds $431K in total assets as of 2024.
How large is Waheed and Raana Akbar Waqf?
As of 2024, Waheed and Raana Akbar Waqf holds $431K in total assets with $137K in annual revenue. It awarded 12 grants totaling $50K in 2024.
Where does Waheed and Raana Akbar Waqf operate?
Waheed and Raana Akbar Waqf has awarded grants in Michigan, Texas.
What size grants does Waheed and Raana Akbar Waqf award?
In 2024, Waheed and Raana Akbar Waqf awarded 12 grants totaling $50K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is Waheed and Raana Akbar Waqf's EIN?
Waheed and Raana Akbar Waqf's EIN (Employer Identification Number) is 85-3886400. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Waheed and Raana Akbar Waqf'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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