Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
The Noor Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)6420 Hillcroft 218
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Houston, TX77081
A Employer identification number

76-0626200
B Telephone number (see instructions)

(713) 995-5950
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$31,623,562J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 765,972
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 9,494 9,494 9,494
5a Gross rents............ 1,956,912 1,956,912 1,956,912
b Net rental income or (loss) 195,339
6a Net gain or (loss) from sale of assets not on line 10 41,212
b Gross sales price for all assets on line 6a 335,506
7 Capital gain net income (from Part IV, line 2)... 41,212
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,773,590 2,007,618 1,966,406
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 267,246 162,570 162,570 104,676
15 Pension plans, employee benefits....... 24,028 12,437 12,437 11,591
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
44,867 25,733 25,733 19,133
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
73,382 11,497 11,497 61,885
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
195 195 195 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
544,161 385,760 385,760
20 Occupancy.............. 952,208 744,877 744,877 207,331
21 Travel, conferences, and meetings....... 3,038 0 0 3,038
22 Printing and publications.......... 57,615 30,829 30,829 26,786
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,175,618 637,881 637,881 478,377
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,142,358 2,011,779 2,011,779 912,817
25 Contributions, gifts, grants paid....... 120,200 120,200
26 Total expenses and disbursements. Add lines 24 and 25 3,262,558 2,011,779 2,011,779 1,033,017
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -488,968
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,402,622 1,112,467 1,112,467
2 Savings and temporary cash investments......... 67,181 21,354 21,354
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 150,000    
9 Prepaid expenses and deferred charges.......... 50,475 196,171 196,171
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 585,395 Click to see attachment
List of Attached Documents:
// Content
594,782 		884,199
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow17,450,930
Less: accumulated depreciation (attach schedule) right arrow4,568,311 12,874,056 Click to see attachment
List of Attached Documents:
// Content
12,882,619 		18,544,341
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow10,812,543
Less: accumulated depreciation (attach schedule) right arrow4,443,806 6,481,888 Click to see attachment
List of Attached Documents:
// Content
6,368,737 		10,865,030
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,611,617 21,176,130 31,623,562
Liabilities 17 Accounts payable and accrued expenses.......... 28,349 81,830
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 28,349 81,830
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 21,583,268 21,094,300
29 Total net assets or fund balances (see instructions)..... 21,583,268 21,094,300
30 Total liabilities and net assets/fund balances (see instructions). 21,611,617 21,176,130
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
21,583,268
2
Enter amount from Part I, line 27a .....................
2
-488,968
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
21,094,300
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
21,094,300
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly traded securities      
b Capital gain distributions P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 325,112   294,294 30,818
b 10,394     10,394
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       30,818
b       10,394
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 41,212
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowTX
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowVipul Worah Telephone no.right arrow (713) 995-5950

Located atright arrow6420 Hillcroft Ste 218HoustonTX ZIP+4right arrow770813103
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowMO, JO, NI
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Hakeem Olajuwon President
1.00 		0 0 0
6420 Hillcroft Suite 218
Houston,TX77081
Abdurrahman Adesokan Director
1.00 		0 0 0
6420 Hillcroft Suite 218
Houston,TX77081
Jamal Asafi Director
1.00 		0 0 0
6420 Hillcroft Suite 218
Houston,TX77081
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
Ameer Abuhalimeh Mosque Mgr
40.00 		95,000 0 0
201 Travis Street
Houston,TX77002
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 Islamic Da'wah Center: The Noor Foundation operates an Islamic Mosque called the Islamic Da'wah Center located in a historic building in downtown Houston. The Mosque was dedicated for religious services November of 2002 and is open daily for prayers and ceremonies. The Center provides services for Muslim and non-Muslim communities. Services provided include Ramadan Iftar (the breaking of the fast meal), tours of the Center, and introductory lectures about Islam for non-Muslims. The Center also offers a library with curbside pick up and drop off for patrons. The Center's Zakat program provides modest hardship assistance and grants-in-aid to indigent individuals to relieve Muslims in financial distress. 433,636
2 African Farmland: The Foundation purchased a modest piece of land in Ibadan, Nigeria to provide farmland to serve the needs of the very poor and indigent people in nearby communities. During 2009, clearing work was done and a road was constructed. Construction also began on a farmhouse for workers. During 2012-2013, extensive crop cultivation occurred. Beginning in 2014, the cultivation was expanded and grain was provided to thousands of poor and indigent people. Feeding programs: Events are sponsored in four different states in Nigeria - Lagos, Ogun, Oyo, and Oshun. The Foundation provides food to the public on a quarterly basis - over 10,000 individuals benefit from this program.BURKINA: The Foundation holds a piece of land to later use to conduct programs to relieve suffering of the poor in Burkina (formerly Upper Volta). Nothing has yet been done to the land, but The Foundation is working on plans to use the land for a community center and feeding program. 248,947
3 Jordan: The Noor Foundation distributes food to families in need, people with disabilities, and orphans in Jordan in cooperation with around thirty official Jordanian charitable societies. Some of the societies that assisted with the food distribution include: Hashemite Commission for Disabled Soldiers, Orphan Care, National Alliance Against Hunger and Malnutrition, and Beerain Charitable Association. 44,797
4 Youth Basketball Gym: A basketball training facility is maintained and staffed by volunteer professional basketball players. During the summer, outstanding basketball players from area high schools recommended to the foundation can participate in practice training and guidance camp. Volunteer NBA professionals share their skills and provide motivational support and guidance for the youth. 59,799
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
853,488
b
Average of monthly cash balances.......................
1b
1,137,288
c
Fair market value of all other assets (see instructions)................
1c
18,573,823
d
Total (add lines 1a, b, and c).........................
1d
20,564,599
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
20,564,599
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
308,469
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
20,256,130
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,012,807
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,033,017
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
45,250
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,078,267
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2000-11-15
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
0 505,371 7,260 0 512,631
b 85% (0.85) of line 2a ......... 0 429,565 6,171 0 435,736
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,078,267 1,354,128 1,082,245 1,238,060 4,752,700
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		2,263 11,928 11,096 9,275 34,562
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		1,076,004 1,342,200 1,071,149 1,228,785 4,718,138
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		675,205 662,744 600,075 602,346 2,540,370
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Hakeem Olajuwon
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

Pure Hands for Mankind Inc

PO Box 941112
Plano,TX75094 		N/A PC General support 30,000

United Hands Relief

1400 N Cooper St
Arlington,TX76011 		N/A PC General support 20,000

ISGH Masjib At Taqwa

10415 Synott Rd
Sugar Land,TX77498 		N/A PC General support 17,500

Masjid Ul Mumineen

8875 Benning Dr
Houston,TX77031 		N/A PC General support 10,000

ISGH Masjib As Sabireen

610 Brand Ln
Stafford,TX77477 		N/A PC General support 10,000

The Righous Foundation

12411 S Garden St
Houston,TX77071 		N/A PC General support 7,500

Houston Quran Academy Inc

1902 Baker Rd
Houston,TX77094 		N/A PC General support 5,000

Texas Arabic Academy Inc

17002 Driver Ln
Houston,TX77498 		N/A PC General support 5,000
Ousseynou Hussein


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 4,000
Amal el Mahmoudi


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 3,000
Abdul Rahman Adesokan


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 2,000
Ernesto Cedillo


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 2,000
Alhassan Umaru


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 1,500
Beksultan Ermekov


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 1,200
Atef Abo Elinour Mohamed Ali


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 1,000
Abas Ahmed


6420 Hillcroft 218
Houston,TX77081 		N/A I Hardship assistance 500
Total .................................right arrow 3a 120,200
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 9,494  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 195,339  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 41,212  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 246,045 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
246,045
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
The Noor Foundation
 
Employer identification number

76-0626200
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
The Noor Foundation
  		Employer identification number
76-0626200
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Hakeem Olajuwon
6420 Hillcroft 218
 
Houston, TX77081

$ 410,038


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Khaled Abunajah
2500 W Loop South Ste 410
 
Houston, TX77027

$ 41,874


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Talal Saklou
3218 Plaza Pines Dr
 
Kingwood, TX77345

$ 27,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
Hossam El Badawy
2020 Eldridge Parkway 808
 
Houston, TX77077

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
Mahmoud Othman
6031 Cerrites
 
Houston, TX77035

$ 14,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
Andrew Rogers
1618 Arlington St
 
Houston, TX77027

$ 14,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
The Noor Foundation
  		Employer identification number
76-0626200
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
AmanAllah Zemzoum
6031 Cerrites
 
Houston, TX77035

$ 12,750


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
Big Builders
 
1301 Parker St
 
Houston, TX77007

$ 11,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
Otto Othman
2815 San Jacinto
 
Houston, TX77004

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
Fred Southerland
PO Box 613
 
Houston, TX77001

$ 7,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
Ayman A Halawah
10202 Westheimer
 
Houston, TX77042

$ 5,800


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
Salman Patoli
3707 Spring Hill Ln
 
Sugarland, TX77479

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
The Noor Foundation
  		Employer identification number
76-0626200
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
Faruqui Tahir
6468 Brompton Rd
 
Houston, TX77005

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
Shahmeer Halepota
777 Preston St
 
Houston, TX77002

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
Khaled Sharafeldin
5687 Doliver Dr
 
Houston, TX77056

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
The Noor Foundation
  		Employer identification number

76-0626200
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 Securities $ 179,888 2024-02-20
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
The Noor Foundation
  		Employer identification number

76-0626200
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting & bookkeeping services 38,267 19,133 19,133 19,133
Accounting - Fannin Street Garage 6,600 6,600 6,600 0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Fannin St. Parking Garage 2007-06-30 8,106,925 3,603,080 SL 39.000000000000 207,870 207,870 207,870  
Improvements - Fannin St. 2018-06-30 10,078 5,544 SL 10.000000000000 1,008 1,008 1,008  
Software - Fannin St. 2015-06-30 27,000 27,000 SL 5.000000000000 0 0 0  
Fixtures - Fannin St. 2015-06-30 16,090 16,090 SL 7.000000000000 0 0 0  
Land - Parking Garage 2007-06-30 3,100,000   L   0 0 0  
Islamic Da'wah Center 2004-06-30 2,993,451 1,535,100 SL 39.000000000000 76,755 0 0  
Improvements - Gym House 2018-06-30 259,740 166,243 SL 10.000000000000 25,974 0 0  
Improvements - Mosque 2013-06-30 613,996 613,996 SL 10.000000000000 0 0 0  
Improvements - Tang City 2014-06-30 42,382 40,304 SL 10.000000000000 2,078 2,078 2,078  
Mosque - Mezzanine 2014-06-30 1,072,871 1,020,318 SL 10.000000000000 52,553 0 0  
Equipment - General 2016-06-30 549,369 549,369 SL 5.000000000000 0 0 0  
Equipment - Mosque 2016-06-30 65,086 65,086 SL 5.000000000000 0 0 0  
Equipment - Nigeria 2016-06-30 2,688 2,688 SL 5.000000000000 0 0 0  
Furniture - General 2014-06-30 262,392 262,392 SL 7.000000000000 0 0 0  
Furniture - Jordan 2014-06-30 22,844 22,844 SL 7.000000000000 0 0 0  
Furniture - Mosque 2014-06-30 38,443 38,443 SL 7.000000000000 0 0 0  
Furniture - Nigeria 2014-06-30 6,270 6,270 SL 7.000000000000 0 0 0  
Land - Burkina 2016-06-30 25,000   L   0 0 0  
Land - Islamic Da'wah Ctr 2004-06-30 3,000,000   L   0 0 0  
Land - Jordan 2016-06-30 28,912   L   0 0 0  
Land - Nigeria 2016-06-30 215,042   L   0 0 0  
Land - Tang City 2014-06-30 4,203,259   SL 0 % 0 0 0  
Land - Youth Center 2018-06-30 1,603,971   L   0 0 0  
Improvements - Tang City (2019) 2019-06-30 369,810 184,905 SL 10.000000000000 36,981 36,981 36,981  
Improvements - Gym House (2020) 2019-06-30 4,821 1,928 SL 10.000000000000 482 0 0  
Improvements - Tang City (2020) 2020-06-30 535,089 214,036 SL 10.000000000000 53,509 53,509 53,509  
Improvements - Tang City (2021) 2021-06-30 185,496 46,375 SL 10.000000000000 18,550 18,550 18,550  
Equipment - Nigeria (2021) 2021-01-01 555 333 SL 5.000000000000 111 0 0  
Improvements - Tang City (2022) 2022-06-30 221,925 33,289 SL 10.000000000000 22,193 22,193 22,193  
Furniture - Nigeria (2022) 2022-06-30 1,842 395 SL 7.000000000000 263 0 0  
Improvements - Tang City (2022) 2023-06-30 238,553 11,928 SL 10.000000000000 23,855 23,855 23,855  
Improvements - Tang City (2024) 2024-06-30 394,323   SL 10.000000000000 19,716 19,716 19,716  
Improvements - Gym House (2024) 2024-06-30 45,250   SL 10.000000000000 2,263 0 0  

TY 2024 InvestmentsCorpStockSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Name of Stock End of Year Book Value End of Year Fair Market Value
52 shs Abbvie Inc com 9,070 9,240
30 shs Adobe Inc 15,359 13,340
76 shs Advanced Micro Devices 9,096 9,180
48 shs Agilent Technologies 2,557 6,448
246 shs Alphabet Inc CL A 26,035 46,568
344 shs Ambarella Inc 17,015 25,023
207 shs Apple Inc 20,088 51,837
82 shs Biogen Inc com 13,148 12,539
45 shs Cadence Design Systems 11,674 13,521
30 shs Carlisle Co Inc 3,902 11,065
111 shs Cisco Sys Inc 3,777 6,571
24 shs Clorox Co 4,688 3,898
203 shs Colgate Palmolive Co 15,821 18,455
341 shs Corteva Inc 16,151 19,423
50 shs Eli Lilly & Co 12,752 38,600
152 shs EOG Resources Inc 13,636 18,632
129 shs Exxon Mobile Corp 14,315 13,877
308 shs Freeport-McMoran CL-B 10,736 11,729
62 shs Johnson & Johnson 9,214 8,966
131 shs Kimberly Clark Corp 16,252 17,166
8 shs KLA Corporation 3,611 5,041
53 shs Linde PLC 13,464 22,190
28 shs Martin Marietta Materials 9,703 14,462
54 shs McCormick and Co 4,601 4,117
8 shs McKesson Corp 3,496 4,559
56 shs Merck & Co Inc New Com 4,063 5,571
141 shs Microsoft Corp 36,067 59,432
35 shs Novartis AG ADR 3,416 3,406
142 shs Novo Nordisk A/S ADR 2,695 12,215
69 shs Nvidia Corp 9,080 9,266
164 shs Palo Alto Networks Inc 22,461 29,841
21 shs Parker Hannifin Corp 5,368 13,357
57 shs Pepsico Inc 8,382 8,667
38 shs PPG Industries Inc 5,070 4,539
73 shs Procter & Gamble 11,027 12,238
160 shs Qualcomm Inc 21,010 24,579
203 shs Taiwam SMCNDCTR MFG Co Ltd ADR (TSM) 18,993 40,090
156 shs Unilever PLC (New) ADS 7,671 8,845
1,595 shs Amana Growth Inst 69,370 127,736
1,864 shs Amana Income Inst 89,948 117,970

TY 2024 InvestmentsLandSchedule2
Name:
The Noor Foundation
EIN:
76-0626200
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Fannin St. Parking Garage 8,106,925 3,810,950 4,295,975 14,443,654
Improvements - Fannin St. 10,078 6,552 3,526 3,526
Software - Fannin St. 27,000 27,000 0 0
Fixtures - Fannin St. 16,090 16,090 0 0
Land - Parking Garage 3,100,000 0 3,100,000 1,943,798
Improvements - Tang City 42,382 42,382 0 0
Land - Tang City 4,203,259 0 4,203,259 873,504
Improvements - Tang City (2019) 369,810 221,886 147,924 147,924
Improvements - Tang City (2020) 535,089 267,545 267,544 267,544
Improvements - Tang City (2021) 185,496 64,925 120,571 120,571
Improvements - Tang City (2022) 221,925 55,482 166,443 166,443
Improvements - Tang City (2022) 238,553 35,783 202,770 202,770
Improvements - Tang City (2024) 394,323 19,716 374,607 374,607

TY 2024 LandEtcSchedule2
Name:
The Noor Foundation
EIN:
76-0626200
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Islamic Da'wah Center 2,993,451 1,611,855 1,381,596 5,374,088
Improvements - Gym House 259,740 192,217 67,523 67,523
Improvements - Mosque 613,996 613,996 0 0
Mosque - Mezzanine 1,072,871 1,072,871 0 0
Equipment - General 549,369 549,369 0 0
Equipment - Mosque 65,086 65,086 0 0
Equipment - Nigeria 2,688 2,688 0 0
Furniture - General 262,392 262,392 0 0
Furniture - Jordan 22,844 22,844 0 0
Furniture - Mosque 38,443 38,443 0 0
Furniture - Nigeria 6,270 6,270 0 0
Land - Burkina 25,000 0 25,000 25,000
Land - Islamic Da'wah Ctr 3,000,000 0 3,000,000 4,101,900
Land - Jordan 28,912 0 28,912 28,912
Land - Nigeria 215,042 0 215,042 215,042
Land - Youth Center 1,603,971 0 1,603,971 1,005,872
Improvements - Gym House (2020) 4,821 2,410 2,411 2,411
Equipment - Nigeria (2021) 555 444 111 111
Furniture - Nigeria (2022) 1,842 658 1,184 1,184
Improvements - Gym House (2024) 45,250 2,263 42,987 42,987


TY 2024 OtherExpensesSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Telephone 8,438 0 0 8,438
Bank fees 8,355 0 0 8,355
Amman Jordan projects 27,495 0 0 27,495
Nigerian Farm projects 243,000 0 0 243,000
Licenses and fees 1,967 0 0 1,967
Maintenance and repairs 148,511 47,243 47,243 101,268
Office expenses 78,654 0 0 19,294
Postage and delivery 237 0 0 237
Ramadan expenses 56,598 0 0 56,598
Library expenses 248 0 0 248
Insurance - D&O 2,642 0 0 2,642
Web hosting fees 1,865 0 0 1,865
Dues and subscriptions 3,322 0 0 3,322
Utilities 634 0 0 634
Fundraising and catering expense 3,014 0 0 3,014
Licenses and fees - Fannin Street Garage 869 869 869 0
Insurance - D&O - Fannin Street Garage 10,895 10,895 10,895 0
Office supplies - Fannin Street Garage 15,852 15,852 15,852 0
Telephone - Fannin Street Garage 6,517 6,517 6,517 0
Bank fees - Fannin Street Garage 37,725 37,725 37,725 0
Maintenance and repairs - Fannin Street Garage 65,780 65,780 65,780 0
Land lease - Fannin Street Garage 453,000 453,000 453,000 0


TY 2024 OtherProfessionalFeesSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Consultation fees 24,363 0 0 26,030
Management and administration 26,350 0 0 26,350
Security services 10,525 0 0 9,505
Investment management fees 6,516 6,516 6,516 0
Payroll processing fees 884 237 237 0
Consulting fees - Fannin Street Garage 4,744 4,744 4,744 0


TY 2024 TaxesSchedule
Name:
The Noor Foundation
EIN:
76-0626200
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign tax 195 195 195 0