An Afterfund Case Study

Continuous income for Masjids

IOST, a masjid in upstate New York, established continuous income for their library with Afterfund.
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A pin indicating the location of Johnson City, NY on the map
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Johnson City, NY

About IOST

Islamic Organisation of Southern Tier is a mosque that nurtures a vibrant and inclusive Muslim community in Greater Binghamton by fostering spiritual growth, providing enriching education, and serving our neighbors with compassion. Learn more

February 2024

Joined Afterfund

~88

Books provided from Afterfund profits every year

15%

Average donation growth

IOST on Afterfund

"I recommend Afterfund to many masaajid and any institutions that are looking to find an investment platform for their organization."

— Anas Shaikh, Imam and Executive Director of IOST

How IOST Words of Wisdom Afterfund provides new books for the library, ensuring continuous benefits for the community.

Screenshot of a card showing the Afterfund for the Words of Wisdom library.

February 2024

IOST creates their first Afterfund

IOST creates their first Afterfund, focusing on providing new books for their Words of Wisdom library, which features over 5,000 titles available to borrow.

The funds will be used to hire young adults to manage the library, and to purchase books.

Afterfund co-founder Dzanan speaking to IOST community, with Anas Shaikh next to him.
Afterfund co-founders Dzanan and Omar, speaking to IOST community.

February 2024

New fund is presented to the community

The Afterfund team joins IOST’s imam Anas Shaikh for a presentation of the new fund to the IOST community, explaining the concept of how a single donation creates continuous good deeds while it provides new books for the library.

November 2024

Invested donations grow 15%

In 9 months, donations grow 15% on average, and the first profits get distributed to buy new books for the library.
Screenshot of a card showing the first distribution of Afterfund profits to buy new books for the Words of Wisdom library.

Into the future

Fund grows and continues to provide new books for the library

Donations stay invested to continue growing, sustaining the library, and providing new books every year.

Afterfund for Masjids

With Afterfund, Masjids can create funds that provide continuous income for their projects.

Like all other nonprofit organizations, most Masjids face the problem of depending on ad hoc fundraising every year.

Example Afterfund dashboard showing donations growth and investment profits ready to be distributed

With Afterfund, they can create funds for projects like electricity bills and imam salary, creating sustainable income and removing the dependency on having to fundraise every year.

When announcing these funds to communities, the Afterfund team can help with the best way to present and explain the new concept to existing donors.

Into the future

Afterfund's legacy continues on 4 continents and 10+ countries around the world

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What do you want to be remembered for?

As Afterfund legacy continues, you can join our journey in two ways:

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