Avesta Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $823K in total assets. In 2024, it awarded 4 grants totaling $5K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$823K
+1.4% YoY
Annual Giving
$5K
-50.0% YoY
Grant Count
4
-85.7% YoY
Avg Grant Size
$1K
+250.0% YoY
About Avesta Foundation
Based on IRS filings
Avesta Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $823K in total assets. In 2024, it awarded 4 grants totaling $5K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $823,305 | $811,987 | $796,490 |
| Revenue | $27,931 | $27,173 | $28,058 |
| Expenses | $5,888 | $11,292 | $12,129 |
| Qualifying Distributions | $5,400 | $10,799 | $11,009 |
| Net Investment Income | $27,931 | $27,173 | $28,058 |
| Distributable Amount | — | $10,239 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Michiagn ($2,600), Paralyzed ($1,500), Prion Alliance Inc ($1,170).
| Recipient | Purpose | Amount |
|---|---|---|
| TEMPLE BETH BLOOMFIELD HILLS, MI | CHARITY | $130 |
| UNIVERSITY OF MICHIAGN ANN ARBOR, MI | EDUCATION | $2,600 |
| PRION ALLIANCE INC BOSTON, MA | CHARITY | $1,170 |
| PARALYZED BLOOMFIELD HILLS, MI | CHARITY | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAMBIZ BRAL | PRESIDENT | 1 | — |
| ROXANA HAKIMZADEH | VIC-PRES | — | — |
| ALBORZ BRAL | TREASURY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Avesta Foundation?
Avesta Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTHFIELD, MI. It holds $823K in total assets as of 2024.
How large is Avesta Foundation?
As of 2024, Avesta Foundation holds $823K in total assets with $28K in annual revenue. It awarded 4 grants totaling $5K in 2024.
Where does Avesta Foundation operate?
Avesta Foundation has awarded grants in Arkansas, California, Connecticut, District of Columbia, Georgia, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, New York, Tennessee, Texas.
What size grants does Avesta Foundation award?
In 2024, Avesta Foundation awarded 4 grants totaling $5K — an average of about $1K per grant, based on its IRS Form 990 filings.
What is Avesta Foundation's EIN?
Avesta Foundation's EIN (Employer Identification Number) is 26-3219813. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Avesta Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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