NonprofitsThe Oasis Initiative Foundation

Religion-Related

The Oasis Initiative Foundation

CHICAGO, IL

Total revenue

$3.1M

Total expenses

$3.0M

Net assets

$821K

Grants received

$1.9M

23 grants

EIN

300780532

Tax year

2024

Mission

Religion classes for muslim americans

Programs

3 programs

The oasis initiative foundation promotes religious literacy and learning by offering trusted scholarship and mentorship on islamic theology, sacred law, and spirituality. The organization provides classes, lectures, and small-group study circles that help members of the muslim community and people of other faith traditions understand the islamic tradition and its application to contemporary life. The oasis initiative foundation also creates opportunities for service by encouraging participants to translate learning into compassionate action for their families, neighborhoods, and wider society.

Expenses: $605K

Zakat is the islamic practice of charitable giving to support local and global communities. Zakat is obligatory for all who are able to give. Within islam, it is considered a personal responsibility to ease others economic hardship and eliminate inequality.

Expenses: $628K

These expenditures relate to the development and production of d. Umar f. Abd-allah's book project.

Expenses: $45K

Financials

FY 2024

Revenue

Contributions & grants$157K
Program service revenue$1.6M
Investment income
Other revenue$1.3M
Total revenue$3.1M

Expenses

Grants paid
Salaries & benefits$90K
Fundraising$11K
Other expenses$2.9M
Total expenses$3.0M
Total assets$859K
Net assets$821K

People

7 listed

NameRoleCompensation

DR UMAR FARUQ ABD-ALLAH

DIRECTOR

Board

$78K

50 hrs/wk

MANSOOR PANAWALA

Chairman

Board

0

FAISAL GHIAS

Executive Director

Board

0

ZACHAREA KATERJI

DIRECTOR

Board

0

NOOR KHAN

Member

Board

0

SAMIRAH ABD-ALLAH

Member

Board

0

SANA SYED

Member

Board

0

Grants received

Showing 23 of 23

FromAmountPurposeYear
$174K
GENERAL PHILANTHROPY
2024
$23K
THE MUSLIM WORLDVIEW, CREATING TOOLS FOR SPIRITUAL DEVELOPMENT AND RENEWAL IN THE SECULAR AGE
2024
$600K
RELIGION RELATED
2023
$23K
For grant recipient's exempt purposes
2023
$10K
General support for programs, operations and other charitable purposes
2023
$8K
GENERAL PHILANTHROPY
2023
$51K
For grant recipient's exempt purposes
2022
$29K
General Philantrophy
2022
$42K
For grant recipient's exempt purposes
2021
$42K
For grant recipient's exempt purposes
2021
$210K
THE MUSLIM WORLDVIEW, CREATING TOOLS FOR SPIRITUAL DEVELOPMENT AND RENEWAL IN THE SECULAR AGE
2020
$74K
For grant recipient's exempt purposes
2020
$12K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
RELIGION RELATED
2020
$26K
For grant recipient's exempt purposes
2019
$12K
UNRESTRICTED GENERAL SUPPORT
2019
$22K
For grant recipient's exempt purposes
2018

Funded by

$1.9M from 8 funders · 23 grants · 2018–2024

Donor Advised Charitable Giving Inc

$610K · 2 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$281K · 7 grants · 2018–2023

John Templeton Foundation

$233K · 2 grants · 2020–2024

American Muslim Community Foundation

$224K · 4 grants · 2020–2024

American Online Giving Foundation Inc

$83K · 4 grants · 2020–2024

Morgan Stanley Global Impact Funding Trust Inc

$24K · 2 grants · 2019–2020

The Chicago Community Trust

$10K · 1 grant · 2023

Details

EIN300780532
NTEE codeX40
Subsection03
Ruling date2014-10
Formed2012
Employees1
THE OASIS INITIATIVE FOUNDATION — Mission, Financials & Grants Received | Grantivo