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CHARITY REVIEW
Issued: July 2025 Expires: July 2026

Islamic Scholarship Fund

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(650) 995-6782
1935 Addison St Ste A
Berkeley, CA, 94704-1354
https://islamicscholarshipfund.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Islamic Scholarship Fund meets the 20 Standards for Charity Accountability.

Stated Purpose:
The Islamic Scholarship Fund (ISF) empowers American Muslim leaders in policy, law, media, and film to create a world where race, religion, gender, and socioeconomic status are no longer barriers to equity and equality. A registered U.S. nonprofit, ISF increases American Muslim presence in policy/government, law, media/journalism, and film--fields shown to have the highest impact on public policy and public opinion. Since our founding in 2009, ISF’s programs have served as a catalyst for American Muslim undergraduate and post-graduate students, future lawyers and policymakers, and emerging filmmakers to attain professional success and create an equitable world for all marginalized groups.

Year, State Incorporated:
2007, CA

Over the past 12 years, ISF has awarded $2.25 million to 512+ American Muslims through our comprehensive Cycle of Support. This Cycle begins with undergraduate, post-graduate, and law school scholarships, as well as peer-to-peer and professional mentorships, and continues with prestigious internships, fellowships, and film grants to help ISF changemakers launch their careers in their field of study. 

Following this model, its primary programs are:

- Academic Scholarships
- Mentorships
- Judicial Internships
- Congressional Policy Internships
- Congressional Policy Fellowships
- Film Grants

For the year ended December 31, 2024, Islamic Scholarship Fund's program expenses were:

Programs $954,798
Total Program Expenses $954,798

Chief Executive
Somayeh Nikooei, Executive Director

Compensation*
$140,000

Chair of the Board
Dr. Hamid Rezapour, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
6

Paid Staff Size
6

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 10.33%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Islamic Scholarship Fund's IRS Form 990 for the year ended December 31, 2024.

Source of Funds
Contributions and Grants $1,649,733
Investment Income $269,654
Other Revenue $3,500
Total Income $1,922,887

Programs: 72% Fundraising: 13% Administrative: 15%

Total Income $1,922,887
Total expenses: $1,329,513
  Program expenses $954,798
  Fundraising expenses $170,337
  Administrative expenses $204,378
  Other expenses $0
Income in Excess of Expenses $593,374
Beginning Net Assets $2,791,792
Other Changes In Net Assets $-2,863
Ending Net Assets $3,382,303
Total Liabilities $63,533
Total Assets $3,445,836

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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