Homa Safaii Charitable Operating Foundation Inc
Homa Safaii Charitable Operating Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$884K
-5.3% YoY
Annual Giving
$63K
+244.8% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$13K
+37.9% YoY
About Homa Safaii Charitable Operating Foundation Inc
Based on IRS filings
Homa Safaii Charitable Operating Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $883,779 | $933,187 | $940,323 |
| Revenue | $38,306 | $24,907 | $1,067 |
| Expenses | $87,714 | $32,025 | $20,744 |
| Qualifying Distributions | $87,525 | $32,025 | $20,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bigsisterbigbrother ($30,000), Machik ($12,000), Barakat ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PARTNER FOR SURGERY MCLEAN, VA | EDUCATION | $8,125 |
| ASIA AMERICA CIVIL ASSOCIATION BOSTON, MA | EDUCATION | $2,800 |
| MACHIK NW, DC | EDUCATION | $12,000 |
| BARAKAT CAMBRIDGE, MA | EDUCATION | $10,000 |
| BIGSISTERBIGBROTHER BOSTON, MA | EDUCATION | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOMA SAFAII | FOUNDER/PRES. | 1 | — |
| AMIR SHAHSAVARI | TREASURER | 5 | — |
| EDWARD SCRIBNER | TRUSTEE | 5 | — |
| EDWARD SCRIBNER | MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Homa Safaii Charitable Operating Foundation Inc?
Homa Safaii Charitable Operating Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWTON, MA. It holds $884K in total assets as of 2024.
How large is Homa Safaii Charitable Operating Foundation Inc?
As of 2024, Homa Safaii Charitable Operating Foundation Inc holds $884K in total assets with $38K in annual revenue. It awarded 5 grants totaling $63K in 2024.
Where does Homa Safaii Charitable Operating Foundation Inc operate?
Homa Safaii Charitable Operating Foundation Inc has awarded grants in District of Columbia, Massachusetts, South Dakota, Virginia.
What size grants does Homa Safaii Charitable Operating Foundation Inc award?
In 2024, Homa Safaii Charitable Operating Foundation Inc awarded 5 grants totaling $63K — an average of about $13K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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