Reza a Khazeni Memorial Foundation

SALT LAKE CITY, UT EIN: 87-0503877

Reza a Khazeni Memorial Foundation is a private foundation, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $311K in total assets. In 2023, it awarded 5 grants totaling $19K. Net investment income was $114.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$311K

+0.4% YoY

Annual Giving

$19K

-27.5% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$4K

-56.5% YoY

Under IRS private-foundation payout rules, Reza a Khazeni Memorial Foundation reported a distributable amount of $21K for 2023 — the minimum it must pay out in qualifying distributions.

About Reza a Khazeni Memorial Foundation

Based on IRS filings

Ready to take the next step with Reza a Khazeni Memorial Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $60K (97%)

California $1K (2%)

New York $1K (2%)

States

California New York Utah

Cities

Los AngelesMidvaleNew YorkSalt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$311,013	$309,691	$268,724
Revenue	$8,038	$74,729	$31,156
Expenses	$26,424	$33,762	$26,820
Qualifying Distributions	$18,500	$25,500	$18,325
Net Investment Income	$114	$66,467	$22,661
Distributable Amount	$20,960	$22,295	$25,105

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 2023

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include University of Utah Orthopedic ($6,000), University of Utah College of Law ($6,000), Baskerville Foundation ($5,000).

Recipient	Purpose	Amount
UNIVERSITY OF UTAH ORTHOPEDIC Salt Lake City, UT	EDUCATION	$6,000
THE ROAD HOME Midvale, UT	GENERAL FUND	$500
BASKERVILLE FOUNDATION Salt Lake City, UT	GENERAL FUND	$5,000
UNIVERSITY OF UTAH COLLEGE OF LAW Salt Lake City, UT	EDUCATION	$6,000
DRS WITHOUT BORDERS New York, NY	GENERAL	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
REZA A KHAZENI	PRESIDENT	1	—
SHIREEN KHAZENI	VICE PRESIDENT	1	—
LINDA FONTENOT	VICE PRESIDENT	1	—

Frequently Asked Questions

How large is Reza a Khazeni Memorial Foundation?

As of 2023, Reza a Khazeni Memorial Foundation holds $311K in total assets with $8K in annual revenue. It awarded 5 grants totaling $19K in 2023.

Where does Reza a Khazeni Memorial Foundation operate?

Reza a Khazeni Memorial Foundation has awarded grants in California, New York, Utah.

What size grants does Reza a Khazeni Memorial Foundation award?

In 2023, Reza a Khazeni Memorial Foundation awarded 5 grants totaling $19K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Reza a Khazeni Memorial Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Reza a Khazeni Memorial Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Reza a Khazeni Memorial Foundation's EIN?

Reza a Khazeni Memorial Foundation's EIN (Employer Identification Number) is 87-0503877. IRS Form 990 filing data is available on this page for 2020–2023.