2025-10-17T08:00:17-05:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 453218399 HABIB UNIVERSITY FOUNDATION US INC HABI 2034442692 113 LINDEN STREET NEW HAVEN CT 06511 ARVID NELSON SECRETARY/TREASURER 2034442692 2025-10-16 1 0 CHRIS BELLANDO P00541714 2126972299 2024 2025-03-06 01:10:19Z ARVID NELSON 113 LINDEN STREET NEW HAVEN CT 06511 2088757 0 X HUFUS.ORG X 2011 CT HUFUS' MISSION IS TO SUPPORT HIGHER EDUCATION IN PAKISTAN THROUGH SUPPORT OF HABIB UNIVERSITY, PAKISTAN'S FIRST NOT-FOR-PROFIT, LIBERAL ARTS AND SCIENCES UNIVERSITY AND A UNIQUE EXAMPLE OF AMERICAN EDUCATION TRADITION AND QUALITY IN PAKISTAN. HABIB UNIVERSITY ALSO FOLLOWS U.S. PRACTICE IN OFFERING OPPORTUNITIES TO YOUNG MEN AND WOMEN OF EXCEPTIONAL PROMISE FROM DISADVANTAGED ECONOMIC BACKGROUNDS: SCHOLARSHIPS AND FINANCIAL AID ARE GRANTED TO 90% OF ITS STUDENTS.HUFUS BELIEVES THE EDUCATION OF YOUNG MEN AND WOMEN, PARTICULARLY THOSE FOR WHOM OPPORTUNITY AND HOPE HAVE TRADITIONALLY BEEN DENIED, IS ESSENTIAL TO BUILDING A STABLE AND LIBERAL SOCIETY IN PAKISTAN AND CRUCIAL TO PAKISTAN'S EMERGENCE AS A RELIABLE MEMBER OF THE INTERNATIONAL COMMUNITY. 8 8 0 8 0 0 1703395 1651042 0 0 277718 437715 0 0 1981113 2088757 322506 1073003 0 0 0 0 0 0 32389 104059 103473 426565 1176476 1554548 912281 7797233 8733258 15946 39690 7781287 8693568 X HUFUS' MISSION IS TO SUPPORT HIGHER EDUCATION IN PAKISTAN THROUGH SUPPORT OF HABIB UNIVERSITY, PAKISTAN'S FIRST NOT-FOR-PROFIT, LIBERAL ARTS AND SCIENCES UNIVERSITY AND A UNIQUE EXAMPLE OF AMERICAN EDUCATION TRADITION AND QUALITY IN PAKISTAN. (CONTINUED ON SCHEDULE O) HABIB UNIVERSITY ALSO FOLLOWS U.S. PRACTICE IN OFFERING OPPORTUNITIES TO YOUNG MEN AND WOMEN OF EXCEPTIONAL PROMISE FROM DISADVANTAGED ECONOMIC BACKGROUNDS: SCHOLARSHIPS AND FINANCIAL AID ARE GRANTED TO 90% OF ITS STUDENTS.HUFUS BELIEVES THE EDUCATION OF YOUNG MEN AND WOMEN, PARTICULARLY THOSE FOR WHOM OPPORTUNITY AND HOPE HAVE TRADITIONALLY BEEN DENIED, IS ESSENTIAL TO BUILDING A STABLE AND LIBERAL SOCIETY IN PAKISTAN AND CRUCIAL TO PAKISTAN'S EMERGENCE AS A RELIABLE MEMBER OF THE INTERNATIONAL COMMUNITY. 0 0 1073003 1073003 HABIB UNIVERSITY FOUNDATION U.S. INC. ORGANIZES AND DEVELOPS PROGRAMS IN THE UNITED STATES OF AMERICA AND PAKISTAN CONCERNING EDUCATION AND RESEARCH IN PAKISTAN, INCLUDING ASSISTING IN THE DESIGN OF THE ACADEMIC STRUCTURE AND PROGRAMS OF HABIB UNIVERSITY AND FUNDING THE ENGAGEMENT OF HIGH QUALITY PROFESSORS AND LECTURERS FOR THE UNIVERSITY AND IN THIS REGARD WORKING TOGETHER WITH HABIB UNIVERSITY FOUNDATION IN PAKISTAN AND UNIVERSITIES IN THE UNITED STATES OF AMERICA. HUFUS CONTRIBUTES FINANCIALLY TOWARDS HELPING THE HABIB UNIVERSITY IN MEETING ITS OBJECTIVE OF PROVIDING SCHOLARSHIP AND FINANCIAL AID TO STUDENTS OF THE UNIVERSITY AS WELL AS TO HELP WITH THE OPERATING DEFICITS OF THE UNIVERSITY. 1073003 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT X ARVID NELSON 2034442692 113 LINDEN STREET NEW HAVEN CT 06511 X DR AZRA RAZA CHAIR 1.00 X X 0 0 0 IMRAN HABIB VICE CHAIR 1.00 X X 0 0 0 ARVID NELSON SECRETARY/ TREASURER 1.00 X X 0 0 0 SHOUKAT ALI DHANANI DIRECTOR 1.00 X 0 0 0 TALIB DHANJI DIRECTOR 1.00 X 0 0 0 SALEM IQBAL DIRECTOR 1.00 X 0 0 0 RIZWAN QURESHI DIRECTOR 1.00 X 0 0 0 IMRAN SHARIH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1651042 1651042 437715 437715 2088757 0 0 437715 1073003 1073003 8192 8192 51968 51968 EVENT CANCELLATION FEE 25000 25000 DONOR CULTIVATION EXPEN 7389 7389 10924 10924 1176476 1073003 71084 32389 55087 320356 7742146 8412902 7797233 8733258 30780 15946 8910 15946 39690 X 1359396 2081704 6421891 6611864 7781287 8693568 7797233 8733258 912281 0 X 0 1 X 1 0 X 877172 373537 1877133 1703395 1651042 6482279 877172 373537 1877133 1703395 1651042 6482279 4119535 2362744 62621 20716 23588 277718 437715 822358 7304637 0.32350 0.25910 X HUFUS WAS ESTABLISHED TO SUPPORT HIGHER EDUCATION IN PAKISTAN THROUGH THE SUPPORT OF HABIB UNIVERSITY. HUFUS QUALIFIES AS A PUBLICLY SUPPORTED CHARITY DESCRIBED IN INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) BECAUSE IT MEETS THE 10% FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATION SECTION 1.170A-9(F)(3) FOR THE 2024 TAX YEAR.PUBLIC SUPPORT: THE PERCENTAGE OF SUPPORT NORMALLY RECEIVED BY HUFUS FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, INCLUDING CONTRIBUTIONS BY OTHER PUBLICLY SUPPORTED ORGANIZATIONS, EQUALS AT LEAST 10% OF THE TOTAL SUPPORT RECEIVED BY HUFUS. FOR OUR 2023 TAXABLE YEAR, HUFUS HAS A PUBLIC SUPPORT PERCENTAGE OF 32.35%.HUFUS HAS INSTITUTED A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. HUFUS SEEKS FUNDING FROM A WIDE RANGE OF SOURCES, FOCUSING ON THOSE MOST INTERESTED IN SUPPORTING THE GOAL OF SUPPORTING HIGHER EDUCATION IN PAKISTAN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 509820 450000 36007 995827 250000 250000 9820 509820 250000 250000 0.95400 0.04600 0 0 0 2088757 0 2088757 0 2088757 1176476 0 1176476 0 1176476 PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE DONOR RESTRICTED ENDOWMENTS TO SUPPORT VARIOUS PURPOSES OF HABIB UNIVERSITY. 0 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. 1040875 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. 32128 0 0 0 0 0 0 1073003 0 1073003 SOUTH ASIA TO SUPPORT FACULTY, ACADEMIC DEVELOPMENT, AND STUDY ABROAD PROGRAMS 1040875 WIRE 0 NORTH AMERICA GENERAL SUPPORT 32128 WIRE 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ARVID NELSON AND SALEEM IQBAL ARE ON THE BOARD OF HAB BANK, NEW YORK. IMRAN HABIB HAS A FAMILIAL RELATIONSHIP WITH THE FOUNDERS OF HABIB UNIVERSITY, AND IS AN OFFICER OF HAB BANK, NEW YORK. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS ANNUAL STATEMENTS AND TAKES OTHER SUCH ACTIONS AS NECESSARY FOR EFFECTIVE OVERSIGHT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.