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Dr Abdolmajid And Homa Bayat Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 2020. The principal officer is Foundation Management Group. It holds total assets of $362K. Annual income is reported at $107K. Total assets have grown from $190K in 2019 to $362K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. The foundation primarily funds organizations in California, Oregon and Washington. According to available records, Dr Abdolmajid And Homa Bayat Foundation has made 13 grants totaling $18K, with a median grant of $1K. Annual giving has grown from $3K in 2021 to $6K in 2023. Grantmaking activity was highest in 2022 with $10K distributed across 8 grants. Individual grants have ranged from $500 to $3K, with an average award of $1K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Oregon and California and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Dr Abdolmajid And Homa Bayat Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in OR, CA, WA.
Dr Abdolmajid And Homa Bayat Foundation has distributed a total of $18K across 13 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $3K.
Dr Abdolmajid And Homa Bayat Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dr Abdolmajid And Homa Bayat Foundation is headquartered in SEATTLE, WA. While based in WA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Abdolmajid Bayat | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Dr Ali Afrassiabi | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Varouj Totlian Cpa | DIRECTOR | $0 | $0 | N/A |
| Daniel M Asher | SECRETARY | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$362K
Fair Market Value
$362K
Net Worth
$362K
Grants Paid
$6K
Contributions
$100K
Net Investment Income
$7K
Distribution Amount
$13K
Total Grants
13
Total Giving
$18K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of HopeTo provide support for cancer research | Duarte, CA | $2K | 2023 |
| Child FoundationTo support sponsorship for Iranian Children Food Packages | Portland, OR | $2K | 2023 |
| Uw FoundationTo provide support for the Friends of Persian Studies Fund in the Dept. of Middle Eastern Languages and Cultures | Seattle, WA | $1K | 2023 |
| Cascade Public MediaTo provide support for Crosscut | Seattle, WA | $500 | 2023 |
| Keck Medicine Of UscTo provide support for Norris Comprehensive Cancer Center | Los Angeles, CA | $1K | 2022 |
| Fred Hutchinson Cancer CenterTo provide support for cancer research | Seattle, WA | $500 | 2022 |