The Ladah Foundation was formed on April 20, 1999
as a Trust granted by Michael S. Ladah and Khatoun (Hilda) Ladah.
The primary objective of the Ladah Foundation has
been to provide charitable support and assistance in the form of scholarships to needy and
deserving students. The Ladah Foundation will also provide humanitarian assistance
in the form of food and shelter to homeless and needy individuals and families, and
medical assistance to individuals and families in need of assistance judged essential to
their needs and the absence of which will be detrimental to their welfare. The Ladah
Foundation may also provide contributions in the form of monetary assistance and other
support to charitable, non-profit institutions such as orphanages, homes for the
handicapped and institutions assisting battered women or abused children.
The intended beneficiaries of the charity provided
by the Ladah Foundation will be refugees of war, victims of civil strife, and victims of
present and past state and/or other discrimination. This includes individuals or
families who are suffering the consequences of such victimization and meet the criteria
for need described above. The specific population which is the target of the charity
provided by the Ladah Foundation may change from time to time, while the criteria for need
of assistance will remain as specified in the Trust document and briefly described above.
The Ladah Foundation will announce the availability
of its charitable assistance, and solicit applications from beneficiaries who can meet its
criteria for need, among populations specifically targeted for assistance as intended by
the Foundation. Certain Non-Government Organizations (NGOs) operating in various
areas will also be contacted and requested to advertise the charity of the Ladah
Foundation through the NGOs' field offices. Certain colleges and universities will
also be contacted to assist in the identification of prospective scholarship award
recipients. The Ladah Foundation also plans to describe its mission, charities and
its targeted beneficiary population through this web site.
The Grantors of the Trust, Michael S. Ladah and
Hilda Ladah, have allocated an interim contribution with the intent to fund the
organizing, planning and controlling of the activities of the Ladah Foundation and start
the implementation of its objectives. The purpose of the interim phase is to
insure that the funds will be used by the Trustees to meet the objectives of the
Foundation as they are now intended and will have been intended by the Grantors for years
The activities of the Ladah Foundation will be
conducted in the United States and will be managed by the Trustees. However,
beneficiaries of the charitable assistance may be located anywhere in the world. The
Ladah Foundation's bank accounts, securities and/or other investments will normally be
held in and through United States financial institutions. Foreign sub-accounts may
be established from time to time, but only if necessary for the conduct of the
Foundation's operations (distribution of its charities) outside the United States.
It is not intended nor foreseen that the Ladah
Foundation will conduct any public campaign for the solicitation of funds from the public.
However, the Ladah Foundation accepts, and may solicit, donations from friends and
family members who subscribe to the objectives of the Foundation.
Donations may be sent to:
8807 Big Bluff Ave.
Las Vegas, Nevada 89148-1419
The Foundation will
acknowledge all donations by formal written receipts which the donors can use for their
respective income tax deductions.
The Foundation has filed form 1023, Application for
Recognition of Exemption Under Section 501 (c) (3) of the Internal Revenue Code. The
Internal Revenue Service has determined that the Ladah Foundation is exempt from Federal
income tax under section 501 (a) of the Internal Revenue Code as an organization described
in section 501 (c) (3). If you would like to see the letter of determination from
the IRS, click here. Additional information about the
Foundation may be provided upon request.
The Ladah Foundation may be
contacted by email at: