The Persepolis Foundation

Foundation · Grantmaker New York, NY EIN: 13-4093707

The Persepolis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.4M in total assets. In 2024, it awarded 4 grants totaling $328K. Net investment income was $501K.

Key facts about The Persepolis Foundation

EIN: 13-4093707
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $327,500
Grants made (2024): 4
Average grant: $81,875
Median grant: $10,000
Total assets: $11,388,665
Primary geography: New York (99% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Persepolis Foundation funds

By grant dollars, the top recipient states for The Persepolis Foundation's 4 itemized 2024 grants were New York (99%). The most frequent recipient cities were New York, NY (3 grants). 100% of grants with a stated purpose were for general or operating support.

How The Persepolis Foundation gives

Giving grew 173% from 2021 to 2024. Method
In 2024 it paid out 33% 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.

Next steps with The Persepolis Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.4M

+1.2% YoY

Annual Giving

$328K

+59.8% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$82K

-20.1% YoY

Under IRS private-foundation payout rules, The Persepolis Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

About The Persepolis Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $325K (99%)

New Jersey $3K (1%)

Share of all 4 itemized 2024 grant dollars.

States

Massachusetts New Jersey New York

Cities

New YorkAlbanyCambridgeMontclair

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$11,388,665	$11,255,192	$10,987,198
Revenue	$500,552	$481,463	$218,769
Expenses	$367,079	$213,469	$157,250
Qualifying Distributions	$353,917	$213,469	$153,250
Net Investment Income	$500,552	$480,950	$218,769
Distributable Amount	$1,063,281	$893,452	$856,455

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The Metropolitan Museum of Art ($305,000), Daniel's Music Foundation ($10,000), Myriad USA ($10,000).

Recipient	Purpose	Amount
The Metropolitan Museum of Art New York, NY	GENERAL	$305,000
Daniel's Music Foundation New York, NY	GENERAL	$10,000
Myriad USA New York, NY	GENERAL	$10,000
Montclair Shared Housing Association Inc Montclair, NJ	GENERAL	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Sharmin Mossavar-Rahmani	Trustee	1	—
Bijan Mossavar-Rahmani	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Persepolis Foundation?

The Persepolis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $11.4M in total assets as of 2024.

How large is The Persepolis Foundation?

As of 2024, The Persepolis Foundation holds $11.4M in total assets with $501K in annual revenue. It awarded 4 grants totaling $328K in 2024.

Where does The Persepolis Foundation operate?

The Persepolis Foundation has awarded grants in Massachusetts, New Jersey, New York.

What size grants does The Persepolis Foundation award?

In 2024, The Persepolis Foundation awarded 4 grants totaling $328K — an average of about $82K per grant, based on its IRS Form 990 filings.

How much is The Persepolis Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Persepolis Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.