Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Zangiabadi And Vossoughi Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $123K. Annual income is reported at $6K. Total assets have decreased from $326K in 2019 to $145K in 2023. The foundation is governed by 2 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 2018 to 2023. The foundation primarily funds organizations in California and Maryland. According to available records, Zangiabadi And Vossoughi Foundation has made 13 grants totaling $206K, with a median grant of $16K. Annual giving has decreased from $66K in 2020 to $29K in 2023. Grantmaking activity was highest in 2022 with $112K distributed across 6 grants. Individual grants have ranged from $4K to $25K, with an average award of $16K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$11K
Average Grant
$13K
Largest Grant
$25K
Based on 5 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.
Zangiabadi And Vossoughi Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CA, MD.
Zangiabadi And Vossoughi Foundation has distributed a total of $206K across 13 grants. The median grant size is $16K, with an average of $16K. Individual grants have ranged from $4K to $25K.
Zangiabadi And Vossoughi Foundation typically selects its grantees rather than accepting unsolicited proposals.
Zangiabadi And Vossoughi Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amir Zangiabadi | Dir, Pres, Sec | $0 | $0 | N/A |
| Mandana Vossoughi | Dir, Treas, VP | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$145K
Fair Market Value
$145K
Net Worth
$145K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$8K
Total Grants
13
Total Giving
$206K
Average Grant
$16K
Median Grant
$16K
Unique Recipients
6
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Isabella FoundationGeneral & Unrestricted | Rockville, MD | $16K | 2020 |
| Meadows Avenue ElementaryGeneral & Unrestricted | Manhattan Beach, CA | $25K | 2023 |
| Rezvan Foundation For ExcellenceGeneral & Unrestricted | Gilroy, CA | $4K | 2023 |
| Manhattan Beach Education FoundationGeneral & Unrestricted | Manhattan Beach, CA | $21K | 2022 |
| Manhattan Beach PreschoolGeneral & Unrestricted | Manhattan Beach, CA | $10K | 2022 |
| Aurelia Pennekamp ElementaryGeneral & Unrestricted | Manhattan Beach, CA | $5K | 2020 |