Private Foundation

R&B ABBASI FOUNDATION INC

R&B ABBASI FOUNDATION INC is a Private Foundation headquartered in BELLE MEAD, NJ. Financial data from the 2024 filing: $505K revenue, $316K expenses, $124K total assets. IRS filings disclose 128 grants awarded by this foundation, totaling roughly $1.4M.

EIN: 813425275 BELLE MEAD, NJ Latest filing: 2024
Total Revenue$505K
Total Expenses$316K
Total Assets$124K
Grants Given128
Grant Total$1.4M
Filing Years2020–2024

Sample Grants Given

AL-MAQASID
MACUNGIE, PA · 2024
DONATION
$95,850
MADINA INSTITUTE
DULUTH, GA · 2024
DONATION
$50,000
NEW BRUNSWICK ISLAMIC CENTER
BRUNSWICK, NJ · 2024
DONATION
$23,000
MASJID MUHAMMAD OF ATLANTIC CITY
ATLANTIC CITY, NJ · 2024
DONATION
$20,000
GOKSEN ELKAS
KENDALL PARK, NJ · 2024
DONATION
$16,000

Showing up to 5 of 128 total records — full history available with membership.

Officers & Directors

CHAIR, BOARD OF TRUSTEES Bilquis Abbasi
VICE CHAIR, BOARD OF TRUST Muhammad Rashid Abbasi
SECRETARY, BOARD OF TRUSTE Omar Abbasi
TREASURER, BOARD OF TRUSTE Sabah Abbasi

Officer compensation and complete director data available with membership.

Top Grant Purposes

DONATION
$1,382,702 121 grants
COLLEGE EDUCATION
$40,000 2 grants
DONATIONS
$13,270 3 grants
EDUCATION
$6,480 1 grant
LATIN AMERICA OUTREACH
$1,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $505K $316K $124K
2023 $148K $217K $29K
2022 $140K $251K $130K
2021 $43K $123K $312K
2020 $118K $108K $373K

Between 2020 and 2024, reported annual revenue grew from $118K to $505K (+327%), with total assets most recently reported at $124K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CT, DC, FL, GA, IL, and 4 other states.

CACTDCFLGAILMDMIMNNJ

Full geographic grant map with state-by-state breakdown available with membership.

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