Nonprofit · EIN 52-1730454
KUWAIT-AMERICA FOUNDATION
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,501,260 | $2,908,140 | -$406,880 | $17,900,040 | $2,000,000 | $15,900,040 |
| December 31, 2023 | 990 | $2,274,338 | $2,702,430 | -$428,092 | $18,306,940 | $2,000,000 | $16,306,940 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,585,427
- Program service revenue
- $0
- Investment income
- $917,544
- Net gain from sales of assets
- $80,359
- Other revenue
- -$1,711
Expenses
- Grants and similar amounts paid
- $1,005,000
- Compensation of officers, directors and key employees
- $162,183
- Other salaries and wages
- $393,325
- Salaries, compensation and benefits (total)
- $638,205
- Professional fundraising fees
- $0
- Legal fees
- $36,000
- Accounting fees
- $18,850
- Occupancy
- $164,848
- Travel
- $135,072
- Depreciation
- $88,626
- Program services (functional)
- $2,174,567
- Management and general (functional)
- $733,573
Balance sheet and other
- Total assets, start of year
- $18,306,940
- Total assets, end of year
- $17,900,040
- Total liabilities, end of year
- $2,000,000
- Net assets, end of year
- $15,900,040
- Land, buildings and equipment
- $2,304,844
- Net assets without donor restrictions
- $15,900,040
- Gross receipts
- $3,932,717
- Employees
- 17
- Volunteers
- 14
- Year formed
- 1991
- State of legal domicile
- DC
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BASMA RAYESS | EXECUTIVE DIRECTOR Officer | 40 | $108,208 | $17,975 |
| DANIEL Q CALLISTER | TRUSTEE, CONSULTANT Trustee or director | 20 | $36,000 | $0 |
| HASSAN AL-EBRAHEEM PHD | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| FAWZI AL-SULTAN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ISSAM MOHAMMED AL-BAHAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| QUTAYBA AL-GHANIM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ABDULLATIF AL-HAMAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MOHAMMED AL-NAQQI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHEIKH ALI ALKHALIFA AL-SABAH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHEIKH MOHAMMED AL-SABAH PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SOUAD AL-SABAH PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ABDUL HAMID AL-SARRAF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SALEH AL-ZOUMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADNAN SHIHAB ELDDINE PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FAISAL ALI MUTAWA | TRUSTEE Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASSIM QABAZARD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BASMA RAYESS | EXECUTIVE DIRECTOR Officer | 40 | $103,532 | $28,009 |
| DANIEL Q CALLISTER | TRUSTEE, CONSULTANT Trustee or director | 20 | $10,000 | $0 |
| HASSAN AL-EBRAHEEM PHD | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| FAWZI AL-SULTAN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ISSAM MOHAMMED AL-BAHAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| QUTAYBA AL-GHANIM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ABDULLATIF AL-HAMAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MOHAMMED AL-NAQQI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHEIKH ALI ALKHALIFA AL-SABAH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHEIKH MOHAMMED AL-SABAH PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SOUAD AL-SABAH PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ABDUL HAMID AL-SARRAF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SALEH AL-ZOUMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADNAN SHIHAB ELDDINE PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FAISAL ALI MUTAWA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JASSIM QABAZARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2021 MASSACHUSETTS AVE NW, WASHINGTON, DC 20036-1011
- Principal officer (990 for 2024)
- BASMA RAYESS, 2021 MASSACHUSETTS AVENUE NW, WASHINGTON, DC 20036
- Signed the 990
- BASMA RAYESS, EXECUTIVE DIRECTOR
- Phone
- (202) 293-4740
- Website
- WWW.KUWAITAMERICA.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE KUWAIT-AMERICA FOUNDATION'S (THE FOUNDATION) PRIMARY PURPOSE IS TO INITIATE EDUCATIONAL AND PHILANTHROPIC ACTIVITIES IN AMERICA WHICH RESULT IN A GREATER UNDERSTANDING OF THE CULTURE AND HISTORY OF KUWAIT AND ENHANCE RELATIONSHIPS BETWEEN THE PEOPLE OF THE TWO NATIONS.
Program accomplishments
- REDUCING THE VIOLENCE PROGRAM: THE FOUNDATION WORKS WITH AMERICAN CO-SPONSORS TO DEVELOP AND IMPLEMENT PROGRAMS RELATED TO REDUCING VIOLENCE IN THE UNITED STATES.Expenses $1,393,349 · grants $223,782
- DISADVANTAGED PERSONS: THE FOUNDATION SUPPORTS CERTAIN PROGRAMS AND ORGANIZATIONS, SUCH AS THE UNITED NATIONS, WHEN IT COMES TO ADDRESSING THE NEEDS OF DISADVANTAGED PERSONS, SUCH AS THE HOMELESS, CHILDREN AT RISK, AND WOMEN IN NEED IN AND OUTSIDE OF THE UNITED STATES.Expenses $781,218 · grants $781,218
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1730454
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q200)
- Assets (IRS master file)
- $17,900,040
- Income (IRS master file)
- $3,932,717
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,501,260 | $2,908,140 | $17,900,040 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,274,338 | $2,702,430 | $18,306,940 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,849,894 | $2,670,700 | $18,759,413 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-1730454).
Questions about KUWAIT-AMERICA FOUNDATION
- What is the EIN of KUWAIT-AMERICA FOUNDATION?
- The employer identification number (EIN) of KUWAIT-AMERICA FOUNDATION is 52-1730454.
- Is KUWAIT-AMERICA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to KUWAIT-AMERICA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KUWAIT-AMERICA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KUWAIT-AMERICA 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 KUWAIT-AMERICA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KUWAIT-AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 names BASMA RAYESS.
- Who are the officers and directors of KUWAIT-AMERICA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $108,208 (BASMA RAYESS, EXECUTIVE DIRECTOR).
- How much revenue does KUWAIT-AMERICA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,501,260, expenses of $2,908,140 and total assets of $17,900,040 at year end.
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