GrantAuthority

Dr Rustom and Mary Khouri Foundation

Grantmaking foundation in Westlake, Ohio · EIN 34-1904918

Grants itemized on the 990
$930Tax year 2024
Grants made
6Tax year 2024
Total assets
$23KLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

FOUNDATION SERVES THE ROLE OF INTERMEDIARY IN PROVING A HOME TO AN INDIGENT FAMILY. ANY EXPENSES PAID ARE OFFSET BY A REIMBURSEMENT FROM THE CLEVELAND METROPOLITION HOUSING AUTHORITY WHICH IS PROVIDING A BENEFIT TO THE BENEFICIAL OWNER OF THE HOME DIRECTLY TO THE FOUNDATION SINCE IT HOLDS LEGAL TITLE TO THE PROPERTY. THE INCOME IS REPORTED ON A 1099 BY THE CMHA, BUT TRULY REPRESENTS AN EXPENSE OFFSET SINCE THE FOUNDATION OWNS THE HOME IN NAME ONLY ON BEHALF OF THE BENEFICIAL OWNER. THE EXPENSES PAID ARE RELATED TO THE HOME AT 1509 WAGAR AVENUE, LAKEWOOD, OH AND NET TO $0 IN 2023 AFTER REFLECTING THE REIMBURSEMENT.

Quoted from the foundation's IRS filing.

Giving by year

$260K2019
$270K2020
$250K2021
$3.4K2022
$5.9K2023
$9302024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
St Ladislas$5002024
The Turn$1502024
Society of Former Special Agents of the Fbi Inc$1002024
St Marons Church$1002024
St Ann Church$602024

Amounts are rounded. The full grantee list (6 grants in 2024) is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.