Waleed B Ali Foundation
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
Share of all 3 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Prayer Center of OP Orland Park, IL | CHARITABLE | $10,000 |
| Universal School Bridgeview, IL | CHARITABLE | $5,000 |
| Yaqeen Institute Irving, TX | CHARITABLE | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- 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.
Here's the math on researching Waleed B Ali Foundation by hand.
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