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Illinois · Nonprofit

THAAKAT FOUNDATION

THAAKAT FOUNDATION (Illinois) receives grants from 26 organizations whose IRS filings report $1,006,656 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($455,250). 16 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$2.3M
Funders on record
26
Grants received
$1.0M
Net assets
$270k
16/26 repeat funderspeak grant-dependency 12%
01What it does

What Thaakat Foundation does

Mission

Thaakat Foundation promotes a collaborative, people and planet friendly approach to fighting global poverty. Working in remote and underserved communities around the world, we rebuild broken health and education infrastructures to help transform the futures of those in need.

As stated on its FY2024 Form 990.

Programs

  1. In the 2025 year, the organization made significant strides in advancing its mission to combat poverty through education, healthcare, and food security. Key accomplishments include: - Meal Distribution: Reached a major milestone by serving over 1 million meals to students across our campuses, supporting child nutrition and enhancing educational outcomes. Additionally, our central kitchen model streamlined food preparation and distribution, promoting operational efficiency and consistent nutritional standards. - Education Initiatives: Delivered education to over 4,000 students across six campuses in Pakistan and established the Abdul Shukar Ilm Academy and Crimson School in Sierra Leone. Construction began on a new IT institute to expand vocational training opportunities in Pakistan. - Healthcare Access: Provided medical care to more than 20,000 patients through our health facilities, including treatment for 4,000 cases of malaria and the safe delivery of over 380 babies. Construction commenced on a city hospital to further increase healthcare capacity. - Infrastructure Development: Invested over $80,000 in campus infrastructure upgrades, including the installation of sports…

    $2,504,382 spent
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,504,382.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($387k) Expenses 100 ($366k) Net assets 100 ($82k)2020 Revenue 113 ($439k) Expenses 114 ($415k) Net assets 129 ($106k)2021 Revenue 127 ($494k) Expenses 131 ($478k) Net assets 148 ($122k)2022 Revenue 254 ($983k) Expenses 226 ($826k) Net assets 338 ($278k)2023 Revenue 212 ($822k) Expenses 274 ($1.0M) Net assets 119 ($98k)2024 Revenue 589 ($2.3M) Expenses 577 ($2.1M) Net assets 328 ($270k)
201920202021202220232024
Revenue (589)Expenses (577)Net assets (328)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $278k to $98k (−65%).

$82k
$106k
$122k
$278k
$98k
$270k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of THAAKAT FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 1,680 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$22k
’19
$24k
’20
$16k
’21
$156k
’22
−$180k
’23
$172k
’24
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Uzma Bawany

Executive Director

As listed on its FY2025 Form 990.

201920202021202220232024
Listed4444118
Joined·+2+0+0+8+2
No longer listed·20015
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 9 funders, grant income rose $25k → $95k.

11 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 89% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THAAKAT FOUNDATION’s funders (the co-funder graph). Top 25 of 26 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THAAKAT FOUNDATION leans on a few funders — its largest provides 45% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THAAKAT FOUNDATION.

45%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 54% · 2018 67% · 2019 64% · 2020 54% · 2021 54% · 2022 42% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

23% of THAAKAT FOUNDATION's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

89% of THAAKAT FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $112k that is directly attributable, 77% of it comes from funders outside Illinois, across 8 states.

IL
WI
NY
MA
CT
CA
DE
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $894k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THAAKAT FOUNDATION has grown faster than three-quarters of the 1,608 international nonprofits its size.

Operating margin8% · above the median
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)43% · top quartile

this organization peer median middle 50% of peers· 1,608 international nonprofits $1M–$10M, FY2024

Organizations like THAAKAT FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 3%Fundraising 2%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for THAAKAT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THAAKAT FOUNDATION?
THAAKAT FOUNDATION (Illinois) receives grants from 26 organizations whose IRS filings report $1,006,656 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($455,250). 16 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THAAKAT FOUNDATION have?
IRS filings report 26 organizations giving $1,006,656 in grants to THAAKAT FOUNDATION, 16 of which have funded it in more than one year.
Who is the largest funder of THAAKAT FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $455,250 in grants. The full list of funders is on this page.
How can an organization like THAAKAT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Thaakat →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing