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Nonprofit · EIN 47-2653320

MAJEED FOUNDATION INC

Tax-exempt · ST PETERSBURG, FL 33704

Financials

$2.8M$477K2024
Revenue Expenses · by fiscal year end
Financials of MAJEED FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,782,268$477,088$2,305,180$18,910,562$0$18,910,562
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,515,000
Dividends
$275,501
Net gain from sales of assets
-$8,261
Other income
$28

Expenses

Grants and similar amounts paid
$458,996
Disbursements for charitable purposes
$458,996
Excise tax on investment income
$3,578

Balance sheet and other

Total assets, start of year
$14,582,298
Total assets, end of year
$18,910,562
Total liabilities, end of year
$0
Net assets, end of year
$18,910,562
Fair market value of assets
$18,910,562
Qualifying distributions
$458,996
Net investment income
$275,529

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
KAMAL N MAJEED
2060 BRIGHTWATERS BLVD NE, ST PETERSBURG, FL 33704
PRESIDENT10$0
NAJLA T MAJEED
2060 BRIGHTWATERS BLVD NE, ST PETERSBURG, FL 33704
SEC/TREAS5$0
CHRISTINA M MAJEED
243 ESTADO WAY NE, ST PETERSBURG, FL 33704
VICE PRESIDE5$0

Address and contacts

Address (IRS master file)
2060 BRIGHTWATERS BLVD NE, ST PETERSBURG, FL 33704-3010
In care of
% KAMAL MAJEED
Signed the 990-PF
KAMAL N MAJEED, PRESIDENT
Phone
(727) 410-7187
Return prepared by
SKELLEY & COMPANY CPA'S

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
47-2653320
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$18,910,562
Income (IRS master file)
$3,092,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,782,268$477,088$18,910,562XML
990-PFDecember 2023$2,271,634$1,097,766$14,582,298IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 47-2653320).

Questions about MAJEED FOUNDATION INC

What is the EIN of MAJEED FOUNDATION INC?
The employer identification number (EIN) of MAJEED FOUNDATION INC is 47-2653320.
Is MAJEED FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to MAJEED FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MAJEED FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MAJEED FOUNDATION INC 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 MAJEED FOUNDATION INC 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 MAJEED FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MAJEED FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,782,268, expenses of $477,088 and total assets of $18,910,562 at year end.

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