Dr Abdolmajid and Homa Bayat Foundation

SEATTLE, WA EIN: 83-1741220

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

DuarteLos AngelesPortlandSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$59K$88K$118K2020202120222023
Metric202320222021
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

$0$1K$3K$4K$6K0 grants20201 grants20214 grants20224 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

CHILD FOUNDATION$2KCity of Hope$2KUW Foundation$1KCascade Public Media$500

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
CHILD FOUNDATION PORTLAND, ORTo support sponsorship for Iranian Children Food Packages$2,000
Cascade Public Media SEATTLE, WATo provide support for Crosscut$500
City of Hope Duarte, CATo provide support for cancer research$2,000
UW Foundation SEATTLE, WATo 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

NameTitleHoursCompensation
DR ABDOLMAJID BAYATPRESIDENT/DIRECTOR2
DR ALI AFRASSIABITREASURER/DIRECTOR2
VAROUJ TOTLIAN CPADIRECTOR2
DANIEL M ASHERSECRETARY2

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.

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