Homa Safaii Charitable Operating Foundation Inc

NEWTON, MA EIN: 87-4060057

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

+150.0% YoY

Avg Grant Size

$13K

+37.9% YoY

About Homa Safaii Charitable Operating Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $50K (52%)

Virginia $29K (31%)

District of Columbia $12K (12%)

South Dakota $5K (5%)

States

District of Columbia Massachusetts South Dakota Virginia

Cities

BostonCambridgeChamberlainMcleanNw

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.