Davood and Tamara Zar Family Foundation

NEW YORK, NY EIN: 47-2625795

The Davood and Tamara Zar Family Foundation is a private foundation based in New York, NY, established in 2016. The foundation operates as a 501(c)(3) organization with a focus on philanthropic giving across multiple geographic areas.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.1M

+44.7% YoY

Grant Count

11

-31.3% YoY

Avg Grant Size

$96K

+110.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation is primarily funded for general religious purposes, support of children's education, and diverse needs of community members. The foundation does not specify particular subject areas for its funding, indicating a broad philanthropic focus that encompasses education, religious initiatives, and general charitable purposes.

Grantmaking

The foundation demonstrates active grantmaking with recent grant activity showing:

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives across multiple locations including Brooklyn, Great Neck, Jerusalem, Kew Gardens, New York, Petah Tikva, Queens, and Roslyn, with primary focus in New York.

Grant Distribution by State

2states

Cities

BROOKLYNGARDEN CITYGREAT NECKKEW GARDENSNEW YORKPLANTATIONQUEENSROSLYN

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $264,446
  • Total revenues: $1,106,077
  • Total expenses: $1,058,687
  • Total grants awarded: $1,058,442
  • Number of employees: 0
  • Expense ratio: 103.3%

The foundation's assets increased 2.6% from the previous year, and total grants contributions increased 57.1% from 2023 ($700,000) to 2024 ($1,100,000).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$265K$529K$794K$1M13 grants202023 grants202114 grants202216 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UMCJA$674KKEREN YAD SHMUEL VE TAMAR$329KYESHIVA KOL YAAKOV$18KMAGEN ISRAEL$12KCHABAD OF GREAT NECK$11KIAJF OF NY$10KTIFFERENT RAPAEL$2KMAALOT KEDOSHIM$1KTOMCHEI SHABBOS OF QUEENS$1KSHAARE YASHAR$500

Grant Size Distribution

77 grants across all recorded years

66<$50K2$50–100K2$100–250K5$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Umcja ($674,302), Keren Yad Shmuel Ve Tamar ($328,500), Yeshiva Kol Yaakov ($17,700).

RecipientPurposeAmount
AMERICAN FRIENDS OF KOL YEHUDA BROOKLYN, NYFOR GENERAL CHARITABLE PURPOSES$360
CHABAD OF GREAT NECK GREAT NECK, NYFOR GENERAL CHARITABLE PURPOSES$11,200
IAJF OF NY GREAT NECK, NYFOR GENERAL CHARITABLE PURPOSES$10,000
KEREN YAD SHMUEL VE TAMAR GREAT NECK, NYFOR GENERAL CHARITABLE PURPOSES$328,500
MAALOT KEDOSHIM NEW YORK, NYFOR GENERAL CHARITABLE PURPOSES$1,200
MAGEN ISRAEL GREAT NECK, NYFOR EDUCATION DEVELOPMENT$11,680
TIFFERENT RAPAEL NEW YORK, NYFOR GENERAL RELIGIOUS AND CHARITABLE PURPOSES$2,000
TOMCHEI SHABBOS OF QUEENS KEW GARDENS, NYFOR GENERAL CHARITABLE PURPOSES$1,000
UMCJA GREAT NECK, NYFOR GENERAL CHARITABLE PURPOSES$674,302
YESHIVA KOL YAAKOV GREAT NECK, NYFOR GENERAL CHARITABLE PURPOSES$17,700

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by:

  • Jamshid Zar – President
  • Esshagh D Zar – Treasurer
  • Danial Zar – Vice President
  • Korosh Zar – Vice President

All leadership members work without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMSHID ZARPRESIDENT5
ESSHAGH D ZARTREASURER4
DANIAL ZARVICE PRESIDENT2
KOROSH ZARVICE PRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Davood and Tamara Zar Family Foundation fund?

The foundation is primarily funded for general religious purposes, support of children's education, and diverse needs of community members. The foundation does not specify particular subject areas for its funding, indicating a broad philanthropic focus that encompasses education, religious initiatives, and general charitable purposes.

How do I apply for a grant from Davood and Tamara Zar Family Foundation?

The foundation demonstrates active grantmaking with recent grant activity showing: • **2024 grants awarded:** 24 grants • **Total giving (2024):** $1,058,442 • **Typical award range:** $36–$674,302 • **Recent grantees include:** • Yeshiva Kol Yaakov ($17,700 for General Charitable Purposes) • Magen Israel Center ($11,680 for Education Development) • Chabad of Great Neck ($11,200 for General Charitable Purposes) The foundation is open to new applicants, with approximately 12% of new applicants r…

Where does Davood and Tamara Zar Family Foundation make grants?

The foundation funds initiatives across multiple locations including Brooklyn, Great Neck, Jerusalem, Kew Gardens, New York, Petah Tikva, Queens, and Roslyn, with primary focus in New York.

What size grants does Davood and Tamara Zar Family Foundation award?

In 2024, Davood and Tamara Zar Family Foundation awarded 11 grants totaling $1.1M — an average of about $96K per grant, based on its IRS Form 990 filings.

What is Davood and Tamara Zar Family Foundation's EIN?

Davood and Tamara Zar Family Foundation's EIN (Employer Identification Number) is 47-2625795. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Davood and Tamara Zar Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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