Michigan · Nonprofit
THE MAINSTAY FOUNDATION
THE MAINSTAY FOUNDATION (Michigan) receives grants from 7 organizations whose IRS filings report $26,036 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($10,615). 3 of them have funded it in more than one year.
- Revenue FY2025
- $1.0M
- Funders on record
- 7
- Grants received
- $26k
- Net assets
- $585k
What The Mainstay Foundation does
Mission
To advance the muslim communities, organizations, and individuals in the united states of america by developing their intellectual, spiritual, social, and financial aspects, utilizing the most advanced methodologies and technologies.
As stated on its FY2025 Form 990.
Programs
The focus of the organizational development initiative was twofold: create a platform for centers and organizations to connect, communicate, and collaborate; and provide tangible services and resources to organizations and centers. The major platform was the engage conference held in dearborn, mi. A web platform called the hub was developed to provide essential services to served organization, including a speaker's bureau, consultants and digital content.
$77,122 spentof which $63,500 as grants12% of program spendingThe focus of the human development initiative was threefold: providing educational content to our community through classes and religious programming, capacity building through workshops and retreats, and publications. With classes and religious programming presenters from the foundation's speaker's bureau delivered educational content through programs conducted in partnership with other religious organizations and centers. In terms of capacity building, the foundation's focus was on the religious, personal, and professional development of its served community, with a special focus on university students. The foundation also published translated and original works for a wide audience.
$432,451 spent68% of program spendingOur economic development and humanitarian aid programs help provide clean water, food, medical aid, clothing, housing, educational support, and more. Whether it is digging wells in africa or providing uniforms and books in india, we have partnered with local and international organizations around the world to uplift as many communities as we can and help alleviate the suffering from the impoverished and worldwide.
$123,476 spentof which $123,476 as grants20% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $633,049.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $218k to $465k (+114%).
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.
Government-grant reliance: 2021 10%. Grants only. Government contracts and fees sit inside program revenue.
53% of THE MAINSTAY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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.
Board chair
Haj Khodr Hamka
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base held at 2 funders, grant income fell $3k → $94.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% 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 THE MAINSTAY FOUNDATION’s funders (the co-funder graph). 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
THE MAINSTAY FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
88% 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 THE MAINSTAY FOUNDATION.
Largest funder’s share by year: 2019 80% · 2020 83% · 2021 100% · 2022 97% · 2023 100% — growing more concentrated.
“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.
Where its funders are
80% of THE MAINSTAY FOUNDATION's grant income comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 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.
Against its field
THE MAINSTAY FOUNDATION runs a healthier operating margin than half of the 543 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 543 public benefit nonprofits $1M–$10M, FY2025
Organizations like THE MAINSTAY 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 Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for THE MAINSTAY 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.
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 THE MAINSTAY FOUNDATION?
- THE MAINSTAY FOUNDATION (Michigan) receives grants from 7 organizations whose IRS filings report $26,036 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($10,615). 3 of them have funded it in more than one year.
- How many funders does THE MAINSTAY FOUNDATION have?
- IRS filings report 7 organizations giving $26,036 in grants to THE MAINSTAY FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of THE MAINSTAY FOUNDATION?
- PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $10,615 in grants. The full list of funders is on this page.
- How can an organization like THE MAINSTAY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 7 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