Organizations Filed Purposes:
ESTABLISH A POOL OF CAPITAL THAT ENSURES THE LONG-TERM SUSTAINABILITY OF IRUSA AND ENABLES THE CHARITY IN ACHIEVING ITS OBJECTIVES.
THE IRUSA WAQF IS MEANT TO ACT AS AN ENDOWMENT FUND TO SUPPORT THE CHARITABLE ACTIVITIES OF ISLAMIC RELIEF USA, A 501(C) (3) ORGANIZATION AND TO SERVE AS A VEHICLE FOR DONORS TO BE ABLE TO DONATE ASSETS THAT WILL GENERATE REVENUE THAT WILL FUND THE CHARITABLE MISSION OF ISLAMIC RELIEF USA. IRUSA WAQF WILL SOLICIT DONATIONS FROM DONORS WHO WISH TO FULFILL THE CHARITABLE GIVING ENCOURAGED BY THE RELIGION OF ISLAM THAT ENCOURAGES ITS FOLLOWERS TO GIVE "SADAQAH JARIA OR CHARITABLE GIFTS THE BENEFITS OF WHICH ARE EXPECTED TO EXTEND PAST THE GIVER'S LIFETIME. IN THE TRADITION OF ISLAM, BENEFACTORS WOULD GRANT OR BEQUEATH PROPERTY FOR THE BENEFIT OF THE WHOLE COMMUNITY IN PERPETUITY. IN MODERN TIMES, THIS TYPE OF GIVING CAN BE FULFILLED BY GIVING TO OTHER VEHICLES, LIKE AN ENDOWMENT FUND, THAT WILL MANAGE THE CHARITABLE INTENT OF THE GIFT IN PERPETUITY.THE SOLE PURPOSE OF THE IRUSA WAQF IS TO HOLD THE ENDOWMENT ASSETS FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATION, ISLAMIC RELIEF USA. IRUSA WAQF WILL MAKE GIFTS, DONATIONS AND OTHER TRANSFERS FROM THE ENDOWMENT ASSETS TO ISLAMIC RELIEF USA AS ITS SUPPORTED ORGANIZATION AS THE IRUSA WAQF'S BOARD OF DIRECTORS DEEM APPROPRIATE IN FURTHERANCE OF THE PURPOSES OF THE ISLAMIC RELIEF USA'S MISSION.IRUSA WAQF WILL MANAGE THE ASSETS INTENDED TO PRESERVE THE PRINCIPAL AND GENERATE REVENUE FOR THE USE OF ISLAMIC RELIEF USA IN ITS PROGRAMS. ONCE A THRESHOLD OF REVENUE IS REACHED THAT WILL ALLOW THE CORPUS OF THE ENDOWMENT FUND TO CONTINUE IN ACCORDANCE WITH PRUDENT INVESTMENT STANDARDS, THE EXCESS REVENUE WILL BE TRANSFERRED TO ISLAMIC RELIEF USA FOR DISBURSEMENT TO ITS BENEFICIARIES IN THE FORM OF GRANTS OR DIRECT ASSISTANCE.ISLAMIC RELIEF USA'S INTERNATIONAL AND DOMESTIC CHARITABLE ACTIVITIES INCLUDE EMERGENCY RESPONSE TO NATURAL AND MAN-MADE DISASTERS, DELIVERY OF HUMANITARIAN AID TO CIVILIANS, DEVELOPMENT PROJECTS INCLUDING WATER, SANITATION, AND HYGIENE PROJECTS, VOCATIONAL AND TECHNICAL EDUCATION, AND MICRO-LOAN POVERTY ALLEVIATION PROGRAMS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Faisal Khan | WAQF DIRECTOR | 40 | $112,200 |
| David Hawa | DIRECTOR OF COMMUNICATIONS OF IRUSA | 3 | $0 |
| Tareq Osman | CONTROLLER OF IRUSA | 3 | $0 |
| Sharif Aly | CEO OF IRUSA | 3 | $0 |
| Anwar Ahmad Khan | PRESIDENT OF IRUSA | 3 | $0 |
| Amir Memon | DIRECTOR | 3 | $0 |
| Saqib Rashid | DIRECTOR | 3 | $0 |
| Sami Shaban | DIRECTOR | 3 | $0 |
| Hamadi Bengabsia | BOARD CHARIMAN | 3 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013039349302366_public.xml