Ardeshir Falaki Foundation

Foundation · Grantmaker Lynnfield, MA EIN: 77-0552975

Ardeshir Falaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lynnfield, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $12K.

Key facts about Ardeshir Falaki Foundation

EIN: 77-0552975
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $10,000
Grants made (2024): 1
Average grant: $10,000
Median grant: $10,000
Total assets: $149,005
Primary geography: Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Ardeshir Falaki Foundation gives

Giving grew 186% from 2021 to 2024. Method
In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Ardeshir Falaki Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$149K

+1.4% YoY

Annual Giving

$10K

Grant Count

Avg Grant Size

$10K

Under IRS private-foundation payout rules, Ardeshir Falaki Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Ardeshir Falaki Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $10K (100%)

Share of all 1 itemized 2024 grant dollars.

States

California Massachusetts New York Virginia

Cities

New YorkLos AngelesSan DiegoCambridgeCentral IslipFredericksburgLexington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$149,005	$146,911	$145,039
Revenue	$12,999	$3,361	$49,050
Expenses	$10,905	$1,489	$19,628
Qualifying Distributions	$10,000	—	$19,116
Net Investment Income	$12,094	$2,709	$48,634
Distributable Amount	$8,118	$7,248	$6,493

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include IgG4ward Foundation ($10,000).

Recipient	Purpose	Amount
IgG4ward Foundation Lexington, MA	Improving the lives of those living with IgG4-RD	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Ardeshir Falaki	PresidentDirector	—	—
Joseph Mercurio	Treasurer	—	—
Joseph Mercurio	Secretary	—	—
Bambi Savage	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ardeshir Falaki Foundation?

Ardeshir Falaki Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lynnfield, MA. It holds $149K in total assets as of 2024.

How large is Ardeshir Falaki Foundation?

As of 2024, Ardeshir Falaki Foundation holds $149K in total assets with $13K in annual revenue. It awarded 1 grant totaling $10K in 2024.

Where does Ardeshir Falaki Foundation operate?

Ardeshir Falaki Foundation has awarded grants in California, Massachusetts, New York, Virginia.

What size grants does Ardeshir Falaki Foundation award?

In 2024, Ardeshir Falaki Foundation awarded 1 grant totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Ardeshir Falaki Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ardeshir Falaki Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.