Saremi Health & Wellness Foundation Inc

SPRINGFIELD, MA EIN: 81-1714397

Saremi Health & Wellness Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELD, MA. IRS filing data is available for 2020. In 2020, it awarded 1 grants totaling $24K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$24K

Grant Count

1

Avg Grant Size

$24K

Under IRS private-foundation payout rules, Saremi Health & Wellness Foundation Inc reported a distributable amount of $582 for 2020 — the minimum it must pay out in qualifying distributions.

About Saremi Health & Wellness Foundation Inc

Based on IRS filings

Saremi Health & Wellness Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELD, MA. IRS filing data is available for 2020. In 2020, it awarded 1 grants totaling $24K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Springfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$27K2020
Metric2020
Total Assets
Revenue
Expenses$24,912
Qualifying Distributions
Net Investment Income
Distributable Amount$582

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$24K1 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2020

American International C…$24K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include American International College ($23,631).

RecipientPurposeAmount
American International College Springfield, MAPromote and enhance the overall health and wellness of young adults by supporting activities and initiatives including educational programs.$23,631

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
K Kevin SaremiPresident1
Deborah SaremiSecretary1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Saremi Health & Wellness Foundation Inc?

Saremi Health & Wellness Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELD, MA. It holds — in total assets as of 2020.

Where does Saremi Health & Wellness Foundation Inc operate?

Saremi Health & Wellness Foundation Inc has awarded grants in Massachusetts.

What size grants does Saremi Health & Wellness Foundation Inc award?

In 2020, Saremi Health & Wellness Foundation Inc awarded 1 grants totaling $24K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Saremi Health & Wellness Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Saremi Health & Wellness Foundation Inc reported a distributable amount of $582 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Saremi Health & Wellness Foundation Inc's EIN?

Saremi Health & Wellness Foundation Inc's EIN (Employer Identification Number) is 81-1714397. IRS Form 990 filing data is available on this page for 2020.

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

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