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.
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
States
Cities
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%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC NEW YORK, NY | General & Unrestricted | $20,000 |
| D Nematollahi Norman, OK | Hardship Assistance Grant | $3,000 |
| F Azinmoghaddam Stillwater, OK | Hardship Assistance Grant | $3,000 |
| M Moazeni Little Elm, TX | Hardship Assistance Grant | $5,000 |
| M Taleghani Norman, OK | Hardship Assistance Grant | $3,000 |
| NORMAN ALCOHOL INFORMATION CENTER INC NORMAN, OK | The Virtue Center | $10,000 |
| NORMAN REGIONAL HEALTH FOUNDATION NORMAN, OK | Equipped for Tomorrow campaign | $10,000 |
| OKLAHOMA CITY NATIONAL MEMORIAL FOUNDATION OKLAHOMA CITY, OK | General & Unrestricted | $5,000 |
| OKLAHOMA ISLAMIC ACADEMY LLC EDMOND, OK | General & Unrestricted | $20,000 |
| RAZI HEALTH FOUNDATION INC PRINCETON, NJ | Cancer 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Azam Farzaneh | Dir | 1 | — |
| Hajeh Farzaneh | Dir | 1 | — |
| Jalal Farzaneh | VP | 1 | — |
| M Ali Farzaneh | Dir | 1 | — |
| M Hossein Farzaneh | Dir, Sec | 1 | — |
| Mohammad Farzaneh | Pres, Dir | 1 | — |
| Mohammed R Farzaneh | Dir | 1 | — |
| Vahid Farzaneh | Dir, Treas | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation established a significant endowed chair position at the University of Oklahoma:
**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.comRecent grant recipients (2022-2023) include:
Homeless Alliance (Oklahoma City)
Oklahoma Contemporary Arts Center
Northeastern Illinois University Foundation
2024 President's Report by Northeastern Illinois University MarketingOklahoma 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.
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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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