Homa Safaii Charitable Operating Foundation Inc

Private foundation · Grantmaker Newton, MA EIN: 87-4060057

Homa Safaii Charitable Operating Foundation Inc is a private foundation, based in Newton, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 5 grants totaling $63K.

Homa Safaii Charitable Operating Foundation Inc at a glance

In short: Homa Safaii Charitable Operating Foundation Inc gave $63K across 5 grants in 2024 (avg $13K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$62,925
+244.8% vs 2023
Grants made (2024)
5
+150.0% vs 2023
Average grant
$12,585
+37.9% vs 2023
Median grant
$10,000
Total assets
$883,779
-5.3% vs 2023
Primary geography
Massachusetts (68% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Homa Safaii Charitable Operating Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Bigsisterbigbrother: $30KBigsisterbigbrother$30KMachik: $12KMachik$12KBarakat: $10KBarakat$10KPartner for Surgery: $8KPartner for Surgery$8KAsia America Civil Association: $3KAsia America Civil Association$3K

The largest 2024 recipient was Bigsisterbigbrother ($30K). Together the top 5 received $63K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

BostonMcleanCambridgeChamberlainNw

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2021 3 grants2022 2 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $15K (2022) to $63K (2024). In 2024 it made 5 grants totaling $63K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bigsisterbigbrother Boston, MAEducation$30,000
Machik NW, DCEducation$12,000
Barakat Cambridge, MAEducation$10,000
Partner for Surgery McLean, VAEducation$8,125
Asia America Civil Association Boston, MAEducation$2,800
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2024$883,779$38,306$87,714$62,9255$87,525
2023$933,187$24,907$32,025$18,2502$32,025
2022$940,323$1,067$20,744$15,0003$20,000
2021$960,000$960,000————

Leadership & Key People

Officers and directors from IRS filings

Homa Safaii Charitable Operating Foundation Inc is led by Homa Safaii, Founder & President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Homa Safaii

    Founder & President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Edward Scribner

    Trustee & Manager

    Director → Trustee & Manager, 2022

    On filings since 2021

    5 hrs/week

    $5K (2022) → $0 (2024)

  • Amir Shahsavari

    Treasurer

    On filings since 2021

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Bruce Cohen (2021) — Clerk

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Edward Scribner — Trustee: $5KEdward ScribnerTrustee$5K

The highest reported compensation on the 2022 filing was $5K, to Edward Scribner (Trustee).

Frequently asked questions about Homa Safaii Charitable Operating Foundation Inc

How much does Homa Safaii Charitable Operating Foundation Inc give each year?

Homa Safaii Charitable Operating Foundation Inc gave $63K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 2 grants.

What is Homa Safaii Charitable Operating Foundation Inc's typical grant size?

Homa Safaii Charitable Operating Foundation Inc's median grant in 2024 was $10,000, and its average grant was $12,585, across 5 grants on its 2024 IRS Form 990-PF.

Where does Homa Safaii Charitable Operating Foundation Inc give grants?

Homa Safaii Charitable Operating Foundation Inc gives mostly in Massachusetts: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (19%) and Virginia (13%). The most frequent recipient cities were Boston, MA (2 grants).

Does Homa Safaii Charitable Operating Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Homa Safaii Charitable Operating Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (5 grants).

Who are Homa Safaii Charitable Operating Foundation Inc's largest grantees?

Homa Safaii Charitable Operating Foundation Inc's largest 2024 grantees include Bigsisterbigbrother ($30,000), Machik ($12,000) and Barakat ($10,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Homa Safaii Charitable Operating Foundation Inc?

Homa Safaii Charitable Operating Foundation Inc reported $884K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $38K.

What is Homa Safaii Charitable Operating Foundation Inc's EIN?

Homa Safaii Charitable Operating Foundation Inc's EIN (Employer Identification Number) is 87-4060057. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Homa Safaii Charitable Operating Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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