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Vafa Foundation Inc. is a private corporation based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 2014. The principal officer is % Zia Loghmani. It holds total assets of $135K. Annual income is reported at $12K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Vafa Foundation Inc. has made 6 grants totaling $42K, with a median grant of $5K. Annual giving has grown from $12K in 2020 to $15K in 2022. Grantmaking activity was highest in 2021 with $15K distributed across 1 grants. Individual grants have ranged from $3K to $15K, with an average award of $7K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Washington and District of Columbia. Contributions to this foundation are tax-deductible.
Vafa Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in WA, DC.
Vafa Foundation Inc. has distributed a total of $42K across 6 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $15K.
The application deadline is ONGOING. WITH RESPECT TO SCHOLARSHIPS AWARDED FOR REGULAR STUDY AT AN EDUCATIONAL INSTITUTION, EACH SUCH SCHOLARSHIP GENERALLY WILL CONTINUE FOR THE DESIGNATED TERM OF THE SCHOLARSHIP DURING THE RECIPIENT'S COURSE OF STUDY AT SUCH INSTITUTION, SO LONG AS THE RECIPIENT MAINTAINS SATISFACTORY PROGRESS TOWARD COMPLETION OF HIS OR HER COURSE OF STUDY AND OTHERWISE CONFORMS TO THE TERMS AND CONDITIONS OF THIS PROCEDURE. WITH RESPECT TO SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS USED TO ACHIEVE A SPECIFIC; OBJECTIVE OR TO ENHANCE RECIPIENTS' CAPACITIES OR SKILLS, THE FOUNDATION WILL USE THE SUPERVISION PROCEDURES DESCRIBED BELOW TO ENSURE THAT RECIPIENTS USE SUCH SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS ONLY FOR THE PURPOSE OF DEVELOPING FULLY AND PRODUCTIVELY THEIR EXCEPTIONAL TALENTS.
Vafa Foundation Inc. is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nathan T Loghmani | DIRECTOR | $0 | $0 | $0 |
| Sarah B Tabesh | TREASURER | $0 | $0 | $0 |
| Zia Loghmani | CHAIR | $0 | $0 | $0 |
| Mary T Loghmani | SECRETARY | $0 | $0 | $0 |
Total Giving
$3K
Total Assets
$126K
Fair Market Value
$152K
Net Worth
$126K
Grants Paid
$0
Contributions
$500
Net Investment Income
$6K
Distribution Amount
$7K
Total: $123K
Total Grants
6
Total Giving
$42K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Badi FoundationCONTRIBUTION TO THE GENERAL OPERATING FUND FOR THE PURPOSE OF SCHOLARSHIP- GIVEN TO AN ORGANIZATION IN CHINA RECOGNIZED AS A CHARITY BY CHINESE LAW | Taipa | $10K | 2022 |
| Mona FoundationCONTRIBUTION TO THE GENERAL OPERATING FUND FOR THE PURPOSE OF SCHOLARSHIP. | Kirklan, WA | $5K | 2022 |
| Thurgood Marshall College Fund Co Ladonna MorganCONTRIBUTION TO THE GENERAL OPERATING FUND FOR THE PURPOSE OF SCHOLARSHIP. | Washington, DC | $5K | 2020 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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