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Vasseghi Family Foundation Inc. is a private corporation based in MILPITAS, CA. The foundation received its IRS ruling in 2021. The principal officer is Koorosh Vasseghi. It holds total assets of $36K. Annual income is reported at $5K. Total assets have decreased from $159K in 2020 to $60K in 2023. The foundation is governed by 3 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 2020 to 2023. According to available records, Vasseghi Family Foundation Inc. has made 8 grants totaling $281K, with a median grant of $31K. Annual giving has decreased from $271K in 2022 to $10K in 2023. Individual grants have ranged from $396 to $83K, with an average award of $35K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New York and Virginia. 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.
Vasseghi Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, VA.
Vasseghi Family Foundation Inc. has distributed a total of $281K across 8 grants. The median grant size is $31K, with an average of $35K. Individual grants have ranged from $396 to $83K.
Vasseghi Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Vasseghi Family Foundation Inc. is headquartered in MILPITAS, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roya Huang Vasseghi | DIRECTOR | $0 | $0 | N/A |
| Koorosh Vasseghi | PRESIDENT/ SECRETARY | $0 | $0 | N/A |
| Jing Huang Vasseghi | DIRECTOR | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$60K
Fair Market Value
$65K
Net Worth
$60K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$2K
Total: $43K
Total Grants
8
Total Giving
$281K
Average Grant
$35K
Median Grant
$31K
Unique Recipients
3
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Terence-Beth Martin Giving Hope IncTO BRING POSITIVE CHANGE TO THE SURROUNDING COMMUNITY | Talibon | $10K | 2023 |
| Childfund InternationalGENERAL PURPOSE GRANT | Richmond, VA | $396 | 2023 |
| Pratt InstituteGENERAL PURPOSE GRANT | Brooklyn, NY | $53K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA