Reza a Khazeni Memorial Foundation

Foundation · Grantmaker 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.

Key facts about Reza a Khazeni Memorial Foundation

In short: Reza a Khazeni Memorial Foundation gave $19K across 5 grants in 2023 (avg $4K), mostly in Utah. Source: 2023 IRS Form 990-PF.

EIN
87-0503877
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$18,500
Grants made (2023)
5
Average grant
$3,700
Median grant
$5,000
Total assets
$311,013
Primary geography
Utah (95% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$311K

+0.4% YoY

Annual Giving

$19K

-27.5% YoY

Grant Count

5

+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.

How Reza a Khazeni Memorial Foundation gives

  • Giving grew 3600% from 2020 to 2023. Method
  • In 2023 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 5 itemized 2023 grant dollars.

Cities

Salt Lake CityMidvaleLos AngelesNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grants20205 grants20213 grants20225 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2023

University of Utah Orthopedic: $6KUniversity of Utah Orthopedic$6KUniversity of Utah College of Law: $6KUniversity of Utah College ofLaw$6KBaskerville Foundation: $5KBaskerville Foundation$5KDRS Without Borders: $1KDRS Without Borders$1KThe Road Home: $500The Road Home$500

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UNIVERSITY OF UTAH ORTHOPEDIC Salt Lake City, UTEDUCATION$6,000
UNIVERSITY OF UTAH COLLEGE OF LAW Salt Lake City, UTEDUCATION$6,000
BASKERVILLE FOUNDATION Salt Lake City, UTGENERAL FUND$5,000
DRS WITHOUT BORDERS New York, NYGENERAL$1,000
THE ROAD HOME Midvale, UTGENERAL FUND$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020202120222023
Metric202320222021
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Reza a Khazeni Memorial Foundation is led by Reza A. Khazeni, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Reza A. Khazeni

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Linda Fontenot

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Shireen Khazeni

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Reza a Khazeni Memorial Foundation

How much does Reza a Khazeni Memorial Foundation give each year?

Reza a Khazeni Memorial Foundation gave $19K across 5 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $26K across 3 grants.

What is Reza a Khazeni Memorial Foundation's typical grant size?

Reza a Khazeni Memorial Foundation's median grant in 2023 was $5,000, and its average grant was $3,700, across 5 grants on its 2023 IRS Form 990-PF.

Where does Reza a Khazeni Memorial Foundation give grants?

Reza a Khazeni Memorial Foundation gives mostly in Utah: 95% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was New York (5%). The most frequent recipient cities were Salt Lake City, UT (3 grants).

Does Reza a Khazeni Memorial Foundation give general operating support?

Yes: 60% of Reza a Khazeni Memorial Foundation's 2023 grants with a stated purpose (3 of 5) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are Reza a Khazeni Memorial Foundation's largest grantees?

Reza a Khazeni Memorial Foundation's largest 2023 grantees include University of Utah Orthopedic ($6,000), University of Utah College of Law ($6,000) and Baskerville Foundation ($5,000), according to its 2023 IRS Form 990-PF. Together they received 92% of its itemized 2023 grant dollars.

How large is Reza a Khazeni Memorial Foundation?

Reza a Khazeni Memorial Foundation reported $311K in total assets on its 2023 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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