Farzaneh Family Foundation

WILMINGTON, DE EIN: 47-4903206

The Farzaneh Family Foundation is a private grantmaking foundation based in Wilmington, Delaware. Established in 2006 and granted tax-exempt status in 2017, the foundation operates as a 501(c)(3) organization focused on philanthropic giving across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

-12.9% YoY

Annual Giving

$814K

-58.1% YoY

Grant Count

13

-18.8% YoY

Avg Grant Size

$63K

-48.4% YoY

Under IRS private-foundation payout rules, Farzaneh Family Foundation reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation is primarily focused on higher education and basic human needs. Its grantmaking priorities include education, human services, and medical research, with particular emphasis on ophthalmology and healthcare initiatives.

Grantmaking

The foundation makes grants to preselected charitable organizations. Recent grant activity shows:

Grant Range

** $5,000 to $1,100,000

Average Grant

Amount:** $36,000

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple U.S. states, with primary concentration in:

  • Oklahoma (primary focus)
  • Illinois
  • New Jersey
  • Washington
  • California
  • Connecticut
  • District of Columbia
  • Maryland
  • Massachusetts
  • North Carolina
  • Pennsylvania
  • Texas

Recent grant recipients are located in Oklahoma City, Edmond, Chicago, Princeton, and Woodinville.

Grant Distribution by State

13states
+5 more states

Cities

BrooklynCambridgeChicagoEdmondIrvineLittle ElmMiddle HaddamNew YorkNormanOklahoma CityPrincetonRaleighRockvilleRoslyn HtsState CollegeStevenson RanchStillwaterWashingtonWoodinville

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $2,560,116
  • Total Revenue: $510,000
  • Total Expenses: $888,000
  • Total Liabilities: $0

Historical Growth:

  • Total assets have grown from $1.1 million in 2015 to $2.56 million in 2024
  • Annual giving has ranged from $392,000 (2020) to $1.4 million (2022)
  • Giving rate: 58.8%
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$553K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$2,560,116$2,937,610$3,781,552
Revenue$510,376$1,164,941$1,026,975
Expenses$887,870$2,009,261$744,506
Qualifying Distributions$850,714$1,975,681$720,041
Net Investment Income$63,008$80,949$55,697
Distributable Amount$150,334$141,900$150,797

Giving Over Time

Total grant dollars and number of grants per year

$0$486K$972K$1M$2M15 grants202019 grants202117 grants202216 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF OKLAHOMA F…$400KUNIVERSITY OF OKLAHOMA F…$315KAMERICAN CIVIL LIBERTIES…$20KOKLAHOMA ISLAMIC ACADEMY…$20KNORMAN ALCOHOL INFORMATI…$10KNORMAN REGIONAL HEALTH F…$10KRAZI HEALTH FOUNDATION INC$10KROTARY CLUB 29 FOUNDATION$10KM Moazeni$5KOKLAHOMA CITY NATIONAL M…$5K

Grant Size Distribution

80 grants across all recorded years

62<$50K8$50–100K6$100–250K2$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Oklahoma Foundation Inc ($400,000), University of Oklahoma Foundation Inc ($315,139), American Civil Liberties Union Foundation Inc ($20,000).

RecipientPurposeAmount
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC NEW YORK, NYGeneral & Unrestricted$20,000
D Nematollahi Norman, OKHardship Assistance Grant$3,000
F Azinmoghaddam Stillwater, OKHardship Assistance Grant$3,000
M Moazeni Little Elm, TXHardship Assistance Grant$5,000
M Taleghani Norman, OKHardship Assistance Grant$3,000
NORMAN ALCOHOL INFORMATION CENTER INC NORMAN, OKThe Virtue Center$10,000
NORMAN REGIONAL HEALTH FOUNDATION NORMAN, OKEquipped for Tomorrow campaign$10,000
OKLAHOMA CITY NATIONAL MEMORIAL FOUNDATION OKLAHOMA CITY, OKGeneral & Unrestricted$5,000
OKLAHOMA ISLAMIC ACADEMY LLC EDMOND, OKGeneral & Unrestricted$20,000
RAZI HEALTH FOUNDATION INC PRINCETON, NJCancer patients fund$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by a board of eight directors and officers, all serving without compensation:

  • Mohammad Farzaneh (President, Director)
  • Jalal Farzaneh (Vice President)
  • M Hossein Farzaneh (Director, Secretary)
  • Vahid Farzaneh (Director, Treasurer)
  • Azam Farzaneh (Director)
  • Hajeh Farzaneh (Director)
  • M Ali Farzaneh (Director)
  • Mohammed R Farzaneh (Director)

The foundation is administered by Foundation Source.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Azam FarzanehDir1
Hajeh FarzanehDir1
Jalal FarzanehVP1
M Ali FarzanehDir1
M Hossein FarzanehDir, Sec1
Mohammad FarzanehPres, Dir1
Mohammed R FarzanehDir1
Vahid FarzanehDir, Treas1

Recent News & Activity

Recent developments and announcements

The foundation established a significant endowed chair position at the University of Oklahoma:

2023

**Farzaneh Family Endowed Chair in OU Ophthalmology:** A $1,100,000 commitment announced in 2023 to support medical research and education in ophthalmology.

Farzaneh family establishes new OU Chair in Ophthalmology | Community | citynewsokc.com
2022

Recent grant recipients (2022-2023) include:

Homeless Alliance (Oklahoma City)

Oklahoma Contemporary Arts Center

Oklahoma Islamic Academy

Infant Crisis Services

Razi Health Foundation

Oklahoma City National Memorial Foundation

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Farzaneh Family Foundation fund?

The foundation is primarily focused on higher education and basic human needs. Its grantmaking priorities include education, human services, and medical research, with particular emphasis on ophthalmology and healthcare initiatives.

How do I apply for a grant from Farzaneh Family Foundation?

The foundation makes grants to preselected charitable organizations. Recent grant activity shows: • **Grant Range:** $5,000 to $1,100,000 • **Median Grant Amount:** $37,500 • **Average Grant Amount:** $36,000 • **Total Grants Awarded:** 49 grants totaling $1.8 million (historical) • **Recent Annual Giving:** $814,139 (2024) The foundation has supported 21 unique organizations across its grantmaking history. Notable grant programs include: • **General & Unrestricted:** Average $55,236 across mul…

Where does Farzaneh Family Foundation make grants?

The foundation funds projects across multiple U.S. states, with primary concentration in: • Oklahoma (primary focus) • Illinois • New Jersey • Washington • California • Connecticut • District of Columbia • Maryland • Massachusetts • North Carolina • Pennsylvania • Texas Recent grant recipients are located in Oklahoma City, Edmond, Chicago, Princeton, and Woodinville.

What size grants does Farzaneh Family Foundation award?

In 2024, Farzaneh Family Foundation awarded 13 grants totaling $814K — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Farzaneh Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Farzaneh Family Foundation reported a distributable amount of $150K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Farzaneh Family Foundation's EIN?

Farzaneh Family Foundation's EIN (Employer Identification Number) is 47-4903206. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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