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Nonprofit · EIN 23-2967146

THE AZEEZ FOUNDATION

Tax-exempt · PALM BCH GDNS, FL 33410

Financials

$760K$954K2023$5.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of THE AZEEZ FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,157,389$1,435,178$3,722,211$10,714,312$3,266,521$7,447,791
December 31, 2023990-PF$760,410$953,703-$193,293$9,715,614$5,780,826$3,934,788
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$340,077
Net rental income
$195,725
Net gain from sales of assets
$4,742,063
Other income
-$120,476

Expenses

Grants and similar amounts paid
$1,185,843
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,185,843
Excise tax on investment income
$70,851

Balance sheet and other

Total assets, start of year
$9,715,614
Total assets, end of year
$10,714,312
Total liabilities, end of year
$3,266,521
Net assets, end of year
$7,447,791
Fair market value of assets
$18,907,940
Qualifying distributions
$1,185,843
Net investment income
$5,313,039

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL AZEEZ
2187 MARSEILLE DRIVE, PALM BEACH GARDENS, FL 33410
PRESIDENT/CHAIRMAN2$0
KATHLEEN AZEEZ
2187 MARSEILLE DRIVE, PALM BEACH GARDENS, FL 33410
SECRETARY1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MICHAEL AZEEZ
2187 MARSEILLE DRIVE, PALM BEACH GARDENS, FL 33410
PRESIDENT/CHAIRMAN2$0
KATHLEEN AZEEZ
2187 MARSEILLE DRIVE, PALM BEACH GARDENS, FL 33410
SECRETARY1$0

Address and contacts

Address (IRS master file)
2187 MARSEILLE DR, PALM BCH GDNS, FL 33410-1279
Signed the 990-PF
MICHAEL AZEEZ, PRESIDENT/CHAIRMAN
Phone
(609) 646-9400
Return prepared by
MORISON COGEN LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-2967146
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$10,714,312
Income (IRS master file)
$8,451,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$760,410$953,703$9,715,614IRS
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about THE AZEEZ FOUNDATION

What is the EIN of THE AZEEZ FOUNDATION?
The employer identification number (EIN) of THE AZEEZ FOUNDATION is 23-2967146.
Is THE AZEEZ FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to THE AZEEZ FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE AZEEZ FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE AZEEZ FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE AZEEZ FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE AZEEZ FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does THE AZEEZ FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,157,389, expenses of $1,435,178 and total assets of $10,714,312 at year end.

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