Dr Abdolmajid and Homa Bayat Foundation
Dr Abdolmajid and Homa Bayat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $362K in total assets. In 2023, it awarded 4 grants totaling $6K. Net investment income was $7K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$362K
+36.3% YoY
Annual Giving
$6K
+10.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1K
+10.0% YoY
Under IRS private-foundation payout rules, Dr Abdolmajid and Homa Bayat Foundation reported a distributable amount of $13K for 2023 — the minimum it must pay out in qualifying distributions.
About Dr Abdolmajid and Homa Bayat Foundation
Based on IRS filings
Dr Abdolmajid and Homa Bayat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $362K in total assets. In 2023, it awarded 4 grants totaling $6K. Net investment income was $7K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $362,135 | $265,751 | $276,994 |
| Revenue | $106,884 | — | $100,000 |
| Expenses | $10,596 | $11,243 | $7,500 |
| Qualifying Distributions | $10,500 | $11,243 | $7,500 |
| Net Investment Income | $6,884 | — | — |
| Distributable Amount | $13,075 | $13,552 | $9,143 |
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 2023
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Child Foundation ($2,000), City of Hope ($2,000), UW Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILD FOUNDATION PORTLAND, OR | To support sponsorship for Iranian Children Food Packages | $2,000 |
| Cascade Public Media SEATTLE, WA | To provide support for Crosscut | $500 |
| City of Hope Duarte, CA | To provide support for cancer research | $2,000 |
| UW Foundation SEATTLE, WA | To provide support for the Friends of Persian Studies Fund in the Dept. of Middle Eastern Languages and Cultures | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR ABDOLMAJID BAYAT | PRESIDENT/DIRECTOR | 2 | — |
| DR ALI AFRASSIABI | TREASURER/DIRECTOR | 2 | — |
| VAROUJ TOTLIAN CPA | DIRECTOR | 2 | — |
| DANIEL M ASHER | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dr Abdolmajid and Homa Bayat Foundation?
Dr Abdolmajid and Homa Bayat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds $362K in total assets as of 2023.
How large is Dr Abdolmajid and Homa Bayat Foundation?
As of 2023, Dr Abdolmajid and Homa Bayat Foundation holds $362K in total assets with $107K in annual revenue. It awarded 4 grants totaling $6K in 2023.
Where does Dr Abdolmajid and Homa Bayat Foundation operate?
Dr Abdolmajid and Homa Bayat Foundation has awarded grants in California, Oregon, Washington.
What size grants does Dr Abdolmajid and Homa Bayat Foundation award?
In 2023, Dr Abdolmajid and Homa Bayat Foundation awarded 4 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Dr Abdolmajid and Homa Bayat Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Dr Abdolmajid and Homa Bayat Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dr Abdolmajid and Homa Bayat Foundation's EIN?
Dr Abdolmajid and Homa Bayat Foundation's EIN (Employer Identification Number) is 83-1741220. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.