Mission
PROVIDE STUDENT HOUSING, EDUCATIONAL GRANTS AND SCHOLARSHIPS AND PROMOTE CULTURAL AWARENESS THROUGH EDUCATION.
Public Charity
TURKEN FOUNDATION INC
Based in NEW YORK, NY, TURKEN FOUNDATION INC operates as a Public Charity. The organization reported $19.6M in revenue, $3.1M in expenses, $117.4M in total assets for fiscal year 2024.
EIN: 471421022
NEW YORK, NY
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2024
Total Revenue$19.6M
Total Expenses$3.1M
Total Assets$117.4M
Grant Records0
Filing Years2019–2024
Where $100 goes at Turken Foundation Inc
How Turken Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$72
Programs
the work itself
$25
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $72 for programs
$24
To provide educational oppurtunities including students scholorships & grant awards based on financial needs and or merits
$24
Provide student housing including grants & subsidies to meet the gap in culturally & religiously appropriate housing in the New York city & beyond for muslim students
$24
Cultural and social awareness programs and experiences for students to learn more about muslim cultures and to promote cross-cultural relationships between muslim cultures and traditions with american cultures…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Program shares use the expenses the return reports; programs it doesn't cost separately are estimated. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Ahmet Bayraktutar
CHAIRMAN
Behram Turan
DIRECTOR
Esra Albayrak
DIRECTOR
Fehmi Bilge
DIRECTOR
Ibrahim Bacaci
DIRECTOR
Melike Kabatas
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $19.6M | $3.1M | $117.4M |
| 2023 | $2.5M | $2.8M | $99.2M |
| 2022 | $19K | $807K | $94.6M |
| 2020 | $9.3M | $769K | $67.2M |
| 2019 | $22.9M | $937K | $51.2M |
Between 2019 and 2024, reported annual revenue declined from $22.9M to $19.6M (-14%), with total assets most recently reported at $117.4M.
Interactive year-over-year charts and full filing details available with membership.