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Nonprofit · EIN 20-8540050

ISLAMIC SCHOLARSHIP FUND

Tax-exempt · BERKELEY, CA 94704

Financials

$1M$1.1M2023$1.9M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of ISLAMIC SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,922,887$1,329,513$593,374$3,445,836$63,533$3,382,303
December 31, 2023990$1,014,133$1,108,803-$94,670$2,825,181$33,389$2,791,792
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,649,733
Program service revenue
$0
Investment income
$269,654
Other revenue
$3,500

Expenses

Grants and similar amounts paid
$557,550
Compensation of officers, directors and key employees
$140,000
Other salaries and wages
$249,476
Salaries, compensation and benefits (total)
$442,990
Professional fundraising fees
$0
Accounting fees
$24,638
Occupancy
$7,162
Travel
$11,392
Program services (functional)
$954,798
Management and general (functional)
$204,378
Fundraising (functional)
$170,337

Balance sheet and other

Total assets, start of year
$2,825,181
Total assets, end of year
$3,445,836
Total liabilities, end of year
$63,533
Net assets, end of year
$3,382,303
Publicly traded securities
$1,647,744
Net assets without donor restrictions
$1,027,802
Net assets with donor restrictions
$2,354,501
Gross receipts
$1,991,961
Employees
6
Volunteers
100
Year formed
2007
State of legal domicile
CA

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.

NameTitleHours / weekCompensation
Somayeh NikooeiExecutive Dir.
Officer
40$140,000
Dr Hamid RezapourChairman
Trustee or director, Officer
2$0
Ismail MahomedSecretary
Trustee or director, Officer
1$0
Dr Dalia FahmyDirector
Trustee or director
1$0
Mazen Asbahi EsqTreasurer
Trustee or director, Officer
1$0
Shahed AmanullahDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Somayeh NikooeiExecutive Director40$130,000
Dr Hamid RezapourChairman
Trustee or director, Officer
2$0
Ismail MahomedSecretary
Trustee or director, Officer
1$0
Dr Dalia FahmyDirector
Trustee or director
1$0
Mazen Asbahi EsqTreasurer
Trustee or director, Officer
1$0
Ghada AlkiekDirector
Trustee or director
1$0
Shahed AmanullahDirector
Trustee or director
1$0
Rhonda RoumaniDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1935 ADDISON ST STE A, BERKELEY, CA 94704-1354
In care of
% HAMID REZAPOUR
Principal officer (990 for 2024)
Dr Hamid Rezapour, 1935A Addison St, Berkeley, CA 94704
Signed the 990
Dr Hamid Rezapour, President
Phone
(650) 995-6782
Return prepared by
Abacus Hive

California records

California keeps its own records of charities and corporations. Search them by EIN 20-8540050 or by the name ISLAMIC SCHOLARSHIP FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Islamic Scholarship Fund's mission is to support American Muslim storytelling & increase representation in fields & occupations that make public policy & influence public opinion by providing scholarships, internships, fellowships, film grants, & mentorship opportunities.

990 for the year ended December 31, 2024

Program accomplishments

  • Islamic Scholarship Fund has provided critical access and opportunities to over 661 individuals, with 746 prestigious awards since our launch in 2009, including over $3.67 million in funding. In 2024 alone, we awarded over $557,550 to our latest cohort. ISF awarded 58 scholarships to students totaling $259,500; awarded film grants totaling $118,250 to support Muslim storytelling; provided 14 screenwriters the opportunity to have their scripts produced, acted, and directed; advanced the ISF Artist Support program that provides filmmakers with unique script writing and production support; placed and funded thirteen trailblazing emerging leaders as congressional interns on Capitol Hill; placed four judicial interns with judges to give them access to the judicial system, and provided 6 bar scholarships.
    Expenses $954,798 · grants $557,550

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

IRS record

EIN
20-8540050
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$3,445,836
Income (IRS master file)
$1,991,961

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,922,887$1,329,513$3,445,836XML
990December 2023$1,014,133$1,108,803$2,825,181XML
990December 2022$1,032,317$1,220,332$2,600,559IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 20-8540050).

Questions about ISLAMIC SCHOLARSHIP FUND

What is the EIN of ISLAMIC SCHOLARSHIP FUND?
The employer identification number (EIN) of ISLAMIC SCHOLARSHIP FUND is 20-8540050.
Is ISLAMIC SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to ISLAMIC SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ISLAMIC SCHOLARSHIP FUND 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 ISLAMIC SCHOLARSHIP FUND 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 ISLAMIC SCHOLARSHIP FUND 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 ISLAMIC SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 names Dr Hamid Rezapour.
Who are the officers and directors of ISLAMIC SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $140,000 (Somayeh Nikooei, Executive Dir.).
How much revenue does ISLAMIC SCHOLARSHIP FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,922,887, expenses of $1,329,513 and total assets of $3,445,836 at year end.

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