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Reza Ali Khazeni Memorial Foundation is a private corporation based in SALT LAKE CTY, UT. The foundation received its IRS ruling in 1993. The principal officer is Reza H Khazeni. It holds total assets of $311K. Annual income is reported at $229K. Total assets have grown from $248K in 2011 to $311K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Utah. According to available records, Reza Ali Khazeni Memorial Foundation has made 8 grants totaling $43K, with a median grant of $3K. Annual giving has grown from $18K in 2021 to $26K in 2022. Individual grants have ranged from $500 to $20K, with an average award of $5K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Utah and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$9K
Largest Grant
$20K
Based on 3 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.
Reza Ali Khazeni Memorial Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in UT, CA.
Reza Ali Khazeni Memorial Foundation has distributed a total of $43K across 8 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $20K.
Reza Ali Khazeni Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reza Ali Khazeni Memorial Foundation is headquartered in SALT LAKE CTY, UT. While based in UT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shireen Khazeni | VICE PRESIDENT | $0 | $0 | N/A |
| Linda Fontenot | VICE PRESIDENT | $0 | $0 | N/A |
| Reza A Khazeni | PRESIDENT | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$311K
Fair Market Value
$468K
Net Worth
$311K
Grants Paid
$19K
Contributions
N/A
Net Investment Income
$114
Distribution Amount
$21K
Total Grants
8
Total Giving
$43K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of UtahEDUCATION | Salt Lake City, UT | $20K | 2022 |
| Baskerville FoundationGENERAL FUND | Salt Lake City, UT | $5K | 2022 |
| The Road HomeGENERAL FUND | Midvale, UT | $500 | 2022 |
| Utah Afghan CommunityGENERAL FUND | Salt Lake City, UT | $5K | 2021 |
| Southwestern Law SchoolEDUCATION | Los Angeles, CA | $1K | 2021 |