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EIN 46-2236659

Egyptian-American Enterprise Fund (EAEF)

IRS 501(c) type
501(c)(3)
Num. employees
4
City
New York
State
New York
Year formed
2012
Most recent tax filings
2017-12-01
NTEE code, primary
Q20: International Exchanges, Cultural Understanding
Description
The Egyptian-American Enterprise Fund will identify and address gaps in financing markets for entrepreneurs and small businesses and demonstrate to investors the potential for profit by creating opportunity for the private sector to flourish.
Total revenues
$41,150,119
2017
Total expenses
$8,154,014
2017
Total assets
$169,845,703
2017
Num. employees
4
2017

Program areas at EAEF

2017 accomplishments include the following: the Fund invested in an egyptian optometry company and committed to 2 more venture capital and private equity funds. The Fund achieved an irr of 16% per annum since the Fund's inception in 2013. We are negotiating exits from some of our investments after creating value and jobs for egyptian citizens while providing substantial returns for the american government. We continue to deploy capital to talented entrepreneurs and hope to repeat the success that we have already had.

Personnel at EAEF

NameTitleCompensation
Hythem T. El-NazerVice Chairman$0
James HarmonChairman / Board Member$0
Nishan SealSenior Financial Controller$26,250
Amal EnanExecutive Director$285,000
Denver ChengSenior Finance Controller$41,667
...and 1 more key personnel

Financials for EAEF

RevenuesFYE 12/2017
Total grants, contributions, etc.$41,150,119
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$41,150,119

Form 990s for EAEF

Fiscal year endingDate received by IRSFormPDF link
2017-122019-02-21990View PDF
2016-122017-12-12990View PDF
2015-122017-03-07990View PDF
2014-122016-02-16990View PDF
2013-122015-12-14990View PDF
...and 1 more Form 990
Data update history
June 30, 2022
Used new vendors
Identified 1 new vendor, including
September 2, 2021
Updated personnel
Identified 2 new personnel
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
May 29, 2020
Updated personnel
Identified 4 new personnel
January 3, 2020
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
International-focused organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Operates internationallyReceives government fundingTax deductible donationsAccepts online donations
General information
Address
888 Seventh Ave 16th Floor
New York, NY 10106
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
eaefund.org/ 
Phone
(212) 994-9819
IRS details
EIN
46-2236659
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q20: International Exchanges, Cultural Understanding
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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