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Karam Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371548241 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Karam Foundation?

Karam Foundation is a nonprofit organization based in Chicago, Illinois, with a mission to aid individuals affected by conflict. They strive to eliminate barriers to success by providing innovative education, entrepreneurial development, and community-driven aid. Their programs, such as education initiatives for refugee youth and awareness programs for parents, aim to empower refugees to create multiple pathways to leadership. Additionally, Karam Foundation invests in the health and resilience of refugee families globally, providing targeted support and emergency relief during crises, ensuring they can thrive and become active members of their communities. With a workforce of ten dedicated individuals, Karam Foundation is committed to restoring the dignity and quality of life for those impacted by conflict.


Official website here: www.karamfoundation.org

Is Karam Foundation legitimate?

Karam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karam Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $117,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $851,810

For more financial information, click here


Official website here: www.karamfoundation.org

What is the mission statement of Karam Foundation?

The Karam Foundation is committed to assisting individuals affected by conflict in regaining their dignity and improving their quality of life. This is accomplished by eliminating barriers to success through innovative education, entrepreneurial development, and community-driven aid. The organization's mission is to empower refugee youth and parents, providing them with various pathways to leadership through initiatives like innovative education programs for teenagers and awareness programs for parents. The Karam Foundation also responds to the challenges faced by Syrian refugees by alleviating current burdens and creating opportunities for future growth. In addition, the foundation invests in the health and resilience of Syrian refugee families worldwide, enabling them to thrive and become active members of their communities, offering support during both stable and crisis periods.


Official website here: www.karamfoundation.org

Who is the CEO of Karam Foundation?

Lina Sergie Attar is the Ceo & Founder of Karam Foundation. The CEO's salary of Karam Foundation is $117,802 and their total compensation is $117,802.


Official website here: www.karamfoundation.org

What is the revenue of Karam Foundation?

Karam Foundation's revenue in 2022 was $2,411,217.


Official website here: www.karamfoundation.org

Who are the executives of Karam Foundation and what are their salaries?

The average compensation at Karam Foundation during 2022 was $96,961. There are 10 employees and 10 volunteers at Karam Foundation.

Here are 11 key members and their salaries (Karam Foundation's CEO's salary is $117,802 and their total compensation is $117,802):

    Lina Sergie Attar (Ceo & Founder) [Trustee/Director]
  • Compensation: $117,802
  • Related: $0
  • Other: $0

    • Rasha Mansouri (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mamak Shahbazi (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Razan Massarani (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aya Samman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sana Mustafa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John O'Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharad Samy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Omar Salem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Rahman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.karamfoundation.org

    Where can I find the form 990 for Karam Foundation?

    The Karam Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.karamfoundation.org

    Learn more at the official website: www.karamfoundation.org

    Mission Statement of Karam Foundation

    Karam Foundation, a dedicated organization, is committed to helping individuals affected by conflict regain their dignity and improve the quality of their lives. They achieve this by eliminating barriers to success through innovative education, entrepreneurial development, and community-driven aid. The foundation's mission is to empower refugees, specifically those from Syria, by providing all-encompassing support. Their programs cater to both refugee youth and parents, offering innovative education initiatives and awareness programs.

    By addressing the challenges that Syrian refugees face, Karam Foundation aims to alleviate burdens in the present and create opportunities for a brighter future. Their approach to community development is holistic, investing in the health and resilience of refugee families worldwide. This allows these families to not only survive but also thrive and become proactive members of their communities. Karam Foundation offers targeted support to newly settled refugees, as well as emergency relief during times of crisis, ensuring that no families are left to suffer due to their circumstances.

    Impact

    This information is meant to be a general summary of Karam Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Karam Foundation's impact is clear in its dedication to helping people help themselves, particularly those affected by conflict. Through innovative education, entrepreneurial development, and community-driven aid, Karam Foundation seeks to restore dignity and quality of life for individuals facing challenging circumstances. By building leaders among refugee youth and parents, providing support for Syrian refugees, and transforming communities through targeted assistance and emergency relief, Karam Foundation ensures that those in need are not left to suffer the consequences of their circumstances. This organization's commitment to empowering individuals and fostering resilience creates a ripple effect of positive change in communities impacted by conflict.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,426,246

    • Assets and Liabilities:
  • Total Assets: $4,151,416
  • Total Liabilities: $66,166
  • Net Assets: $4,085,250
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Lina Sergie Attar

    Main Address

    2045 W GRAND AVE STE B PMB 88293, CHICAGO, IL, 606121577

    NTEE Category

    Code: T12 - Philanthropy

    If you are a representative of Karam Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.