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Hassan Mahvash Farzad Milani Charitable Trust is a private trust based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2014. The principal officer is Hassan M Milani. It holds total assets of $5.6M. Annual income is reported at $2.3M. Total assets have grown from $414K in 2013 to $4.6M in 2023. The foundation is governed by 1 officer or trustee. 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 2015 to 2023. Funding is distributed across 4 states, including California, Virginia, Ohio. According to available records, Hassan Mahvash Farzad Milani Charitable Trust has made 9 grants totaling $448K, with a median grant of $30K. The foundation has distributed between $145K and $153K annually from 2020 to 2023. Individual grants have ranged from $3K to $145K, with an average award of $50K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Texas, Virginia, California, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$30K
Average Grant
$25K
Largest Grant
$53K
Based on 6 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.
Hassan Mahvash Farzad Milani Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TX, VA, CA.
Hassan Mahvash Farzad Milani Charitable Trust has distributed a total of $448K across 9 grants. The median grant size is $30K, with an average of $50K. Individual grants have ranged from $3K to $145K.
Hassan Mahvash Farzad Milani Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Hassan Mahvash Farzad Milani Charitable Trust is headquartered in NEWPORT BEACH, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hassan M Milani Trustee | PRESIDENT | $0 | $0 | N/A |
Total Giving
$2K
Total Assets
$4.6M
Fair Market Value
$4.8M
Net Worth
$4.6M
Grants Paid
N/A
Contributions
$429K
Net Investment Income
$446K
Distribution Amount
$145K
Total: N/A
Total Grants
9
Total Giving
$448K
Average Grant
$50K
Median Grant
$30K
Unique Recipients
6
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mercy ShipsCure of Children | Lindale, TX | $145K | 2023 |
| World Pediatric ProjectCure of Children | Richmond, VA | $100K | 2022 |
| International Society For ChildrenCURE OF CHILDREN | Irvine, CA | $53K | 2020 |
| Operation SmileCure of Children | Virginia Beach, VA | $30K | 2020 |
| Second Harvest Food BankCure of Children | Irvine, CA | $7K | 2020 |
| Tree Of Life UsaCure of Children | Alpha, OH | $3K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA