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Masoud Shirazi Family Foundation is a private corporation based in LOVELAND, CO. The foundation received its IRS ruling in 2017. It holds total assets of $8.7M. Annual income is reported at $1.2M. Total assets have grown from $227K in 2019 to $315K 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 2016 to 2023. According to available records, Masoud Shirazi Family Foundation has made 7 grants totaling $12K, with a median grant of $3K. Annual giving has decreased from $8K in 2021 to $4K in 2023. Individual grants have ranged from $500 to $3K, with an average award of $2K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
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.
Masoud Shirazi Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in CO.
Masoud Shirazi Family Foundation has distributed a total of $12K across 7 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $500 to $3K.
Masoud Shirazi Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Masoud Shirazi Family Foundation is headquartered in LOVELAND, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew R Shirazi | Director | $0 | $0 | N/A |
| Vonda Lea Shirazi | Director | $0 | $0 | N/A |
| Masoud S Shirazi | VP, Sec, Tre | $0 | $0 | N/A |
| Michael A Shirazi | President | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$315K
Fair Market Value
$315K
Net Worth
$315K
Grants Paid
$4K
Contributions
$10K
Net Investment Income
$11K
Distribution Amount
$14K
Total: $303K
Total Grants
7
Total Giving
$12K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
4
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGENERAL OPERATING EXPENSES FOR A 501(C)(3) ORGANIZATION | Denver, CO | $500 | 2022 |
| University Of Northern ColoradoGENERAL OPERATING EXPENSES FOR A 501(C)(3) ORGANIZATION | Greeley, CO | $3K | 2023 |
| Frank Gale Faith Not FearGENERAL OPERATING EXPENSES FOR A 501(C)(3) ORGANIZATION | Greeley, CO | $1K | 2023 |
| Monfort College Of BusinessGENERAL OPERATING EXPENSES FOR A 501(C)(3) ORGANIZATION | Greeley, CO | $3K | 2021 |