Shojaee Foundation
Shojaee Foundation is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. Net investment income was $879K.
Shojaee Foundation at a glance
- Total assets
- $2,810,103
- -0.7% vs 2023
- Revenue (2024)
- $1,214,476
- +192.4% vs 2023
- Net investment income (2024)
- $878,812
- +994.3% vs 2023
- Expenses (2024)
- $6,858
- -97.4% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Shojaee Foundation funds
How this funder distributes its grants
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 12 grants of 14 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Shojaee Foundation gives
- In 2023 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $7K (2021) to $252K (2023). In 2023 it made 3 grants totaling $252K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Goldman Sachs Donor Advised Fund San Francisco, CA | General Fund | $106,000 |
| Goldman Sachs Donor Advised Fund San Francisco, CA | General Fund | $106,000 |
| Persian New Year Festival Scottsdale, AZ | General Fund | $40,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,810,103 | $1,214,476 | $6,858 | — | — | — | $878,812 | $178,086 |
| 2023 | $2,831,200 | $415,317 | $265,668 | $252,000 | 3 | $252,000 | $80,311 | $215,919 |
| 2022 | $2,850,982 | $-161,430 | $150,415 | $11,450 | 6 | $124,039 | $31,871 | $215,982 |
| 2021 | $3,187,557 | $973,114 | $109,966 | $6,800 | 5 | $97,342 | $959,635 | $215,134 |
| 2020 | $2,323,191 | $4,106,162 | — | — | — | — | $67 | $774 |
Under IRS private-foundation payout rules, Shojaee Foundation reported a distributable amount of $178K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Shojaee Foundation is led by Hamid R. Shojaee, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Hamid R. Shojaee
Trustee
On filings since 2020
No compensation reported
Former officers (1)
- Former: Lawdan T. Shojaee (2020–2022) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 Shojaee Foundation
How large is Shojaee Foundation?
Shojaee Foundation reported $2.8M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.2M.
Where does Shojaee Foundation operate?
Shojaee Foundation has awarded grants in Arizona, California, Oregon.
How much is Shojaee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shojaee Foundation reported a distributable amount of $178K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shojaee Foundation's EIN?
Shojaee Foundation's EIN (Employer Identification Number) is 85-4225557. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Shojaee Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Shojaee Foundation's focus areas in our free grants database
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Shojaee Foundation down — hundreds of funders to go?