Farzaneh Family Foundation
The Farzaneh Family Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing reports grants to charitable organizations, including support for the University of Oklahoma Foundation, Oklahoma-based community organizations, and organizations in New York and New Jersey.
Key facts about Farzaneh Family Foundation
In short: Farzaneh Family Foundation gave $814K across 13 grants in 2024 (avg $63K), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.
- EIN
- 47-4903206
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $814,139
- Grants made (2024)
- 13
- Average grant
- $62,626
- Median grant
- $10,000
- Total assets
- $2,560,116
- Primary geography
- Oklahoma (96% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
How Farzaneh Family Foundation gives
- Giving grew 119% from 2021 to 2024. Method
- In 2024 it paid out 566% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s own mission is not stated in the available information. Its 2024 grants included support for an endowed chair in ophthalmology at the University of Oklahoma, as well as general and unrestricted support and gifts for health, education, community, and hardship-assistance purposes.
The grantees describe their work in varied ways. The University of Oklahoma Foundation says it facilitates and manages philanthropic gifts supporting the University of Oklahoma. Oklahoma Islamic Academy says it seeks to foster Muslim Americans connected to the Quran. Norman Regional Health Foundation says it raises and distributes funds to support Norman Regional Health System and promote community health and wellness. The Virtue Center describes itself as helping people facing addiction and mental health challenges.
Grantmaking
In 2024, the foundation made 13 grants totaling $814,139. Grant amounts ranged from $3,000 to $400,000, with a median of $10,000. The largest grants were $400,000 for the Farzaneh Family Endowed Chair in OU Ophthalmology and $315,139 for general and unrestricted purposes, both to the University of Oklahoma Foundation in Norman, Oklahoma. Other grants included $20,000 each to the American Civil Liberties Union Foundation and Oklahoma Islamic Academy, and $10,000 each to Norman Alcohol Information Center, Norman Regional Health Foundation, Razi Health Foundation, and Rotary Club 29 Foundation.
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Geographic Focus
Where this funder awards grants
In 2024, 96% of grant dollars went to recipients in Oklahoma. Recipients in New York received 2%, while recipients in New Jersey and Texas each received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $372K (2021) to $1.9M (2023). In 2024 it made 13 grants totaling $814K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University of Oklahoma Foundation Inc ($715K across 2 grants). Together the top 10 received $808K.
Grant Size Distribution
80 grants across all recorded years
The most common grant size was under $50K: 62 grants of 80 (78%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Oklahoma Foundation Inc Norman, OK | Farzaneh Family Endowed Chair in OU Ophthalmology | $400,000 |
| University of Oklahoma Foundation Inc Norman, OK | General & Unrestricted | $315,139 |
| American Civil Liberties Union Foundation Inc New York, NY | General & Unrestricted | $20,000 |
| Oklahoma Islamic Academy LLC Edmond, OK | General & Unrestricted | $20,000 |
| Norman Alcohol Information Center Inc Norman, OK | The Virtue Center | $10,000 |
| Norman Regional Health Foundation Norman, OK | Equipped for Tomorrow campaign | $10,000 |
| Razi Health Foundation Inc Princeton, NJ | Cancer patients fund | $10,000 |
| Rotary Club 29 Foundation Oklahoma City, OK | Impact Endowment fund | $10,000 |
| M Moazeni Little Elm, TX | Hardship Assistance Grant | $5,000 |
| Oklahoma City National Memorial Foundation Oklahoma City, OK | General & Unrestricted | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2024 | $2,560,116 | $510,376 | $887,870 | $814,139 | 13 |
| 2023 | $2,937,610 | $1,164,941 | $2,009,261 | $1,943,000 | 16 |
| 2022 | $3,781,552 | $1,026,975 | $744,506 | $685,600 | 17 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Azam Farzaneh, Hajeh Farzaneh, M Ali Farzaneh, and Mohammed R Farzaneh as directors; Jalal Farzaneh as vice president; M Hossein Farzaneh as director and secretary; Mohammad Farzaneh as president and director; and Vahid Farzaneh as director and treasurer.
Farzaneh Family Foundation is led by Mohammad Farzaneh, President & Director on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mohammad Farzaneh
President & Director
On filings since 2020
1 hr/week
No compensation reported
Azam Farzaneh
Director
On filings since 2020
1 hr/week
No compensation reported
Hajeh Farzaneh
Director
On filings since 2020
1 hr/week
No compensation reported
M Hossein Farzaneh
Director, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Mohammed R Farzaneh
Director
On filings since 2020
1 hr/week
No compensation reported
Vahid Farzaneh
Director & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jalal Farzaneh
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Frequently asked questions about Farzaneh Family Foundation
How much does Farzaneh Family Foundation give each year?
Farzaneh Family Foundation gave $814K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.9M across 16 grants.
What is Farzaneh Family Foundation's typical grant size?
Farzaneh Family Foundation's median grant in 2024 was $10,000, and its average grant was $62,626, across 13 grants on its 2024 IRS Form 990-PF.
Where does Farzaneh Family Foundation give grants?
Farzaneh Family Foundation gives mostly in Oklahoma: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Norman, OK (6 grants) and Oklahoma City, OK (2 grants).
Does Farzaneh Family Foundation give general operating support?
Yes: 31% of Farzaneh Family Foundation's 2024 grants with a stated purpose (4 of 13) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Hardship Assistance Grant" (4 grants).
Who are Farzaneh Family Foundation's largest grantees?
Farzaneh Family Foundation's largest 2024 grantees include University of Oklahoma Foundation Inc ($715,139 across 2 grants), American Civil Liberties Union Foundation Inc ($20,000) and Oklahoma Islamic Academy LLC ($20,000), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is Farzaneh Family Foundation?
Farzaneh Family Foundation reported $2.6M in total assets on its 2024 IRS Form 990-PF. It paid out $851K in qualifying distributions that year, against a required minimum of $150K (roughly 5% of its investment assets).
What does Farzaneh Family Foundation fund?
The foundation’s own mission is not stated in the available information. Its 2024 grants included support for an endowed chair in ophthalmology at the University of Oklahoma, as well as general and unrestricted support and gifts for health, education, community, and hardship-assistance purposes. See mission & focus areas ↑
How do I apply for a grant from Farzaneh Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Farzaneh Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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