Farzaneh Family Foundation

EIN 474903206

Lake Success, NY 11042 |(800) 839-1754

Total Given 2017–2024
$5.6M
71 grants · $696K avg/year
based on 8 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$10K
typical small grants · $5K–$46K
grant size
32%
supporter · 13/40 multi-year
repeat
$3.4M
Assets (2024)
40
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2018, the Foundation made distributions from assets from sources other than current income.Collectively, the distributions in excess of current income totaled $817,000. This amount represents 25% or more of the Foundation's net assets of $1,645,984 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2018. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2017 $920K $1.6M $1.2M 5
2018 $817K $1.8M $1.1M 5
2019 N/A $1.9M $1.2M N/A
2020 $392K $2.8M $1.2M 15
2022 $686K $3.7M $1.0M 17
2023 $1.9M $3.4M $1.2M 16
2024 $814K $3.4M $510K 13

Grant Size Distribution

Based on 71 grants on record

Minimum
$2K
25th Pctl
$5K
Median
$10K
Average
$78K
75th Pctl
$46K
Maximum
$1.1M

Geographic Distribution

US Grant Distribution Map

Officers & Directors

MF
Mohammad Farzaneh 7+ yrs
President, Dir Leadership
JF
Jalal Farzaneh 7+ yrs
Vice President Leadership
VF
Vahid Farzaneh 7+ yrs
Dir, Treasurer Leadership
AF
Azam Farzaneh 7+ yrs
Dir
HF
Hajeh Farzaneh 7+ yrs
Dir
MF
M Ali Farzaneh 7+ yrs
Dir
MF
M Hossein Farzaneh 7+ yrs
Dir, Sec
MF
Mohammed R Farzaneh 7+ yrs
Dir

Grants Awarded (71 total)

Purpose
University of Oklahoma Foundation Inc Norman, OK $1,100,000 Farzaneh Family Endowed Chair in OU Ophthalmology 2023
University of Oklahoma Foundation Inc Norman, OK $880,000 Farzaneh Family Foundation Iranian and Persian Gulf studies Program 2017
University of Oklahoma Foundation Inc Oklahoma City, OK $800,000 Farzaneh Family Foundation Iranian and Persian Gulf studies Program 2018
Dean McGee Eye Institute Foundation Oklahoma City, OK $500,000 For the Institute to acquire specific imaging equipment to provide enhanced patient care, qualify the Institute to... 2023
University of Oklahoma Foundation Inc Norman, OK $400,000 Farzaneh Family Endowed Chair in OU Ophthalmology 2024
University of Oklahoma Foundation Inc Norman, OK $315,139 General & Unrestricted 2024
Northeastern Illinois University Foundation Chicago, IL $165,000 General & Unrestricted 2022
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK $150,000 General & Unrestricted 2022
University of Oklahoma Foundation Inc Norman, OK $120,000 CIS Student Scholarship Fund 2023
Homeless Alliance Oklahoma City, OK $110,000 General & Unrestricted (see general explanation) 2023
Homeless Alliance Oklahoma City, OK $100,000 General & Unrestricted 2022
University of Oklahoma Foundation Inc Oklahoma City, OK $80,000 FARZANEH FAMILY FOUNDATION IRANIAN AND PERSIAN GULF STUDIES PROGRAM 2020
University of Oklahoma Foundation Inc Oklahoma City, OK $80,000 FARZANEH FAMILY FOUNDATION IRANIAN AND PERSIAN GULF STUDIES PROGRAM 2020
Razi Health Foundation Inc Princeton, NJ $75,000 General & Unrestricted 2020
Friends of the Mansion Inc Oklahoma City, OK $50,000 Building Fund 2022
Friends of the Mansion Inc Oklahoma City, OK $50,000 Building Fund 2020
Oklahoma Islamic Academy Llc Edmond, OK $50,000 General & Unrestricted 2023
University of Oklahoma Foundation Inc Oklahoma City, OK $47,000 Development Fund 2020
Oklahoma Islamic Academy Llc Edmond, OK $45,600 General & Unrestricted 2022
Razi Health Foundation Inc Princeton, NJ $35,000 General & Unrestricted 2022
Golestan Foundation Woodinville, WA $32,000 General & Unrestricted 2022
Child Foundation Portland, OR $30,000 General & Unrestricted 2017
Ia-100 Inc Washington, DC $25,000 PAAIA for Educational Purposes 2022
Pennsylvania State University State College, PA $25,000 Sponsored Research Program #256555 2022
American Civil Liberties Union Foundation Inc New York, NY $20,000 General & Unrestricted 2024