Nazem Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $672K in total assets. In 2024, it awarded 5 grants totaling $33K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$672K
+20.6% YoY
Annual Giving
$33K
+24.0% YoY
Grant Count
5
-66.7% YoY
Avg Grant Size
$7K
+272.1% YoY
About Nazem Family Foundation
Based on IRS filings
Nazem Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $672K in total assets. In 2024, it awarded 5 grants totaling $33K. Net investment income was $35K.
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 | $672,090 | $557,394 | $761,945 |
| Revenue | $34,762 | $112,889 | $24,438 |
| Expenses | $39,388 | $29,865 | $25,178 |
| Qualifying Distributions | $32,900 | $26,525 | $22,000 |
| Net Investment Income | $34,762 | $112,889 | $24,438 |
| Distributable Amount | $2,040 | $1,138 | $34,094 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Fred Nazem | President and Director | 1 | — |
| Susie Gharib Nazem | Treasurer and Director | 2 | — |
| Taraneh Nazem | Director | 0.25 | — |
| Alexander Nazem | Director | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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