Ovissi Foundation is a private foundation focused on Health, based in RESTON, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 3 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52K
+7.9% YoY
Annual Giving
$12K
Grant Count
3
Avg Grant Size
$4K
Under IRS private-foundation payout rules, Ovissi Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Ovissi Foundation
Based on IRS filings
Ovissi Foundation is a private foundation focused on Health, based in RESTON, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it awarded 3 grants totaling $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $52,119 | $48,294 | — |
| Revenue | $62,066 | $50,565 | — |
| Expenses | $58,241 | $2,271 | — |
| Qualifying Distributions | $46,915 | $2,271 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,173 | $558 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jalal Kimia ($5,000), Parisa Faghih ($5,000), Minoo Emadi ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| JALAL KIMIA RESTON, VA | ARTISTIC AWARD RECIPIENT - FOR PRODUCTION OF CONCERT ON MUSIC FROM VARYING REGIONS IN IRAN | $5,000 |
| MINOO EMADI RESTON, VA | MFA SCHOLARSHIP RECIPIENT | $1,500 |
| PARISA FAGHIH RESTON, VA | ARTISTIC AWARD RECIPIENT - FOR PRODUCTION OF AN EXHIBITION AND BOOK ON THE WOMEN OF THE SHAHNAMEH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARYAM OVISSI | TRUSTEE | 1 | — |
| NASSER OVISSI | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ovissi Foundation?
Ovissi Foundation is a private foundation focused on Health, based in RESTON, VA. It holds $52K in total assets as of 2024.
How large is Ovissi Foundation?
As of 2024, Ovissi Foundation holds $52K in total assets with $62K in annual revenue. It awarded 3 grants totaling $12K in 2024.
Where does Ovissi Foundation operate?
Ovissi Foundation has awarded grants in Virginia.
What size grants does Ovissi Foundation award?
In 2024, Ovissi Foundation awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Ovissi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ovissi Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ovissi Foundation's EIN?
Ovissi Foundation's EIN (Employer Identification Number) is 88-6339773. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.