Asher Center for Innovation and Entrepreneurship Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To ensure that Lebanese youth receive the education support and mentoring to become the leading entrepreneurs of their generation by providing funding for their wellbeing during their youth and educational scholarships as well as supporting entrepreneurial centers so that they receiving the guidance to develop their business ideas.
- Income
- $108,063
- Spending
- $182,327
- Reserves
- 2.4 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $98,350 spent. The Asher Center for Innovation and Entrepreneurship at the Holy Spirit University of Kaslik advanced innovation and entrepreneurship through multiple initiatives including hosting workshop and coaching to assist students in developing their ideas into business plans for startups. The PowerUp program supported 18 tech-oriented startups with a six-month incubation delivering 216 hours of coaching 40+ technical assistance sessions $36,000 in grants and access to 600+ digital perks. Startups refined prototypes into market-ready products and prepared for acceleration and investment opportunities.
- $65,000 spent. Funds granted to SOS Childrens Villages Lebanon were used to support the emergency relocation of children and staff from the Bekaa region to Batroun-Kfarhay following the escalation of conflict in Lebanon. The site previously closed due to lack of funding required extensive cleaning repairs and re-equipping to provide a safe and nurturing environment. Our contribution helped restore the village ensuring childrens safety and access to education psychological support and recreational spaces. This effort provided stability and care for vulnerable children promoting their well-being and long-term development.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.