Waleed B Ali Foundation

Foundation · Grantmaker Orland Park, IL EIN: 16-1744342

Waleed B Ali Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Orland Park, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $15K in total assets. In 2025, it awarded 3 grants totaling $20K.

Key facts about Waleed B Ali Foundation

In short: Waleed B Ali Foundation gave $20K across 3 grants in 2025 (avg $7K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
16-1744342
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
3
Average grant
$6,667
Median grant
$5,000
Total assets
$14,581
Primary geography
Illinois (75% 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

$15K

+40.2% YoY

Annual Giving

$20K

-49.4% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$7K

-32.5% YoY

Under IRS private-foundation payout rules, Waleed B Ali Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.

How Waleed B Ali Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−11%). 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 3 itemized 2025 grant dollars.

Cities

BridgeviewOrland ParkChicagoMantecaCaryFalls ChurchIrvingPalos HillsPlanoWillowbrook

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K3 grants20202 grants20214 grants20226 grants20234 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Prayer Center of OP: $10KPrayer Center of OP$10KUniversal School: $5KUniversal School$5KYaqeen Institute: $5KYaqeen Institute$5K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Prayer Center of OP Orland Park, ILCHARITABLE$10,000
Universal School Bridgeview, ILCHARITABLE$5,000
Yaqeen Institute Irving, TXCHARITABLE$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K202020212022202320242025
Metric202520242023
Total Assets$14,581$10,400$50,223
Revenue$25,000—$40,000
Expenses$20,819$39,823$19,990
Qualifying Distributions$20,000$39,500$19,500
Net Investment Income———
Distributable Amount$1,127$1,464$1,037

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Waleed B Ali Foundation is led by Malik Ali, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Malik Ali

    President

    On filings since 2020

    No compensation reported

  • Badie M Ali

    Director

    On filings since 2020

    No compensation reported

  • Hamza M Ali

    Director

    On filings since 2020

    No compensation reported

  • Iman Ali

    Director

    On filings since 2020

    No compensation reported

  • Muna M Ali

    Director

    On filings since 2020

    No compensation reported

  • Nadia W Ali

    Director

    On filings since 2020

    No compensation reported

  • Yassmean M Ali

    Director

    On filings since 2020

    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 Waleed B Ali Foundation

How much does Waleed B Ali Foundation give each year?

Waleed B Ali Foundation gave $20K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 4 grants.

What is Waleed B Ali Foundation's typical grant size?

Waleed B Ali Foundation's median grant in 2025 was $5,000, and its average grant was $6,667, across 3 grants on its 2025 IRS Form 990-PF.

Where does Waleed B Ali Foundation give grants?

Waleed B Ali Foundation gives mostly in Illinois: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (25%).

Does Waleed B Ali Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Waleed B Ali Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How large is Waleed B Ali Foundation?

Waleed B Ali Foundation reported $15K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

What is Waleed B Ali Foundation?

Waleed B Ali Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Orland Park, IL. It holds $15K in total assets as of 2025.

What is Waleed B Ali Foundation's EIN?

Waleed B Ali Foundation's EIN (Employer Identification Number) is 16-1744342. 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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