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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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