The Razi Family Foundation
The Razi Family Foundation is a private foundation based in Irvine, California. Its 2024 filing reports 10 grants totaling $199,616, supporting organizations with activities that include Iranian American arts and culture, museums, opera, education, and other causes.
The Razi Family Foundation at a glance
In short: The Razi Family Foundation gave $200K across 10 grants in 2024 (avg $20K), mostly in California. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $199,616
- -54.8% vs 2023
- Grants made (2024)
- 10
- -52.4% vs 2023
- Average grant
- $19,962
- -5.1% vs 2023
- Median grant
- $11,250
- Total assets
- $2,681,079
- -1.2% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 10, 2024; small sample)
- Primary geography
- California (85% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Razi Family Foundation
- How to Apply
-
The 2024 filing says to see the application instructions attached for the required form and materials and for award restrictions. It lists no application deadline.
- Contact
Application contact: Ali C Razi
Mailing address: 2201 Dupont Drive Suite 300, Irvine, CA 92612
Phone: (949) 833-1554
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Razi Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Farhang Foundation ($73K). Together the top 10 received $200K.
Grant Size Distribution
84 grants across all recorded years
The most common grant size was under $50K: 78 grants of 84 (93%).
Geographic Focus
Where this funder awards grants
In 2024, 85% of grant dollars went to recipients in California, 10% to recipients in Washington, DC, and 5% to recipients in Colorado.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Is The Razi Family Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 10 grantees (0%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving fell 54% from 2021 to 2024. Method
- In 2024 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $200K (2024) to $442K (2023). In 2024 it made 10 grants totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Farhang Foundation Torrance, CA | To promote the art and culture of iranian americans. | $72,500 |
| The Museum of Contemporary Art Los Angeles, CA | In Support of the Museum's Art Programs. | $44,416 |
| Smithsonian Institution Washington, DC | To Support the Hirshhorn Museum and Sculpture Garden. | $20,000 |
| Tides Center San Francisco, CA | To Accelerate the Pace of Social Change. | $15,000 |
| Visionary Women Beverly Hills, CA | To unite and inspire a community of visionary female leaders in support of causes that lift up women and girls. | $12,500 |
| California State University Foundation Long Beach, CA | To Promote Education. | $10,000 |
| Living with Harmony Inc Boulder, CO | To educate and inspire individuals and groups to lead a compassionate, healthful way of life to include care and respect for oneself, the environment and all living beings. | $10,000 |
| Los Angeles Opera Company Los Angeles, CA | To Support Producing World Class Opera. | $10,000 |
| Napa Valley Festival Association Napa, CA | To support arts education initiatives and the annual festival in napa valley. | $4,400 |
| Performing Arts Center of Los Angeles County Los Angeles, CA | To support musical education in schools and in the community. | $800 |
Ready to take the next step with The Razi Family Foundation?
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 | $2,681,079 | $197,409 | $229,258 | $199,616 | 10 | $205,490 | $173,641 | $149,419 |
| 2023 | $2,712,928 | $112,397 | $471,168 | $441,726 | 21 | $447,807 | $89,036 | $140,727 |
| 2022 | $3,071,699 | $104,477 | $432,489 | $389,275 | 19 | $395,781 | $76,024 | $165,169 |
| 2021 | $3,399,736 | $368,011 | $476,639 | $431,505 | 19 | $437,669 | $335,230 | $202,744 |
| 2020 | $3,508,339 | $46,939 | $287,236 | $235,875 | 15 | — | $43,017 | $190,403 |
Under IRS private-foundation payout rules, The Razi Family Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for organizations in the arts and culture, education, and other areas. For example, Farhang Foundation describes its mission as celebrating and promoting Iranian art and culture for the benefit of the community at large. The Museum of Contemporary Art says it is dedicated to collecting and exhibiting contemporary art, while the Los Angeles Opera Company describes its mission as producing world-class opera. The California State University Foundation says it supports excellence in teaching and learning.
Grantmaking
In 2024, the foundation awarded 10 grants totaling $199,616. Grant amounts ranged from $800 to $72,500, with a median of $11,250.
The largest awards were $72,500 to Farhang Foundation, for promoting Iranian American art and culture; $44,416 to The Museum of Contemporary Art, in support of its art programs; $20,000 to the Smithsonian Institution, to support the Hirshhorn Museum and Sculpture Garden; and $15,000 to Tides Center, to accelerate social change. Other recipients included Visionary Women ($12,500), California State University Foundation ($10,000), Living with Harmony Inc ($10,000), Los Angeles Opera Company ($10,000), Napa Valley Festival Association ($4,400), and Performing Arts Center of Los Angeles County ($800).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ali Cyrus Razi as chairman; Babak Cyrus Razi as vice president/CFO; Niloofar Razi Howe as president; and Keyvan Cyrus Razi as vice president/secretary.
The Razi Family Foundation is led by Niloofar Razi Howe, President since 2022 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Niloofar Razi Howe
President
Family Director → President, 2022
On filings since 2020
2 hrs/week
No compensation reported
Ali Cyrus Razi
Chairman
President → Chairman, 2022
On filings since 2020
2 hrs/week
No compensation reported
Babak Cyrus Razi
Vice President & CFO
Family Director → Vice President & CFO, 2022
On filings since 2020
2 hrs/week
No compensation reported
Keyvan Cyrus Razi
Vice President & Secretary
Family Director → Vice President & Secretary, 2022
On filings since 2020
2 hrs/week
No compensation reported
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 The Razi Family Foundation
How much does The Razi Family Foundation give each year?
The Razi Family Foundation gave $200K across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $442K across 21 grants.
What is The Razi Family Foundation's typical grant size?
The Razi Family Foundation's median grant in 2024 was $11,250, and its average grant was $19,962, across 10 grants on its 2024 IRS Form 990-PF.
Where does The Razi Family Foundation give grants?
The Razi Family Foundation gives mostly in California: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (10%) and Colorado (5%). The most frequent recipient cities were Los Angeles, CA (3 grants).
Does The Razi Family Foundation give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on The Razi Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are The Razi Family Foundation's largest grantees?
The Razi Family Foundation's largest 2024 grantees include Farhang Foundation ($72,500), The Museum of Contemporary Art ($44,416) and Smithsonian Institution ($20,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is The Razi Family Foundation?
The Razi Family Foundation reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $205K in qualifying distributions that year, against a required minimum of $149K (roughly 5% of its investment assets).
What does The Razi Family Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations in the arts and culture, education, and other areas. See mission & focus areas ↑
How do I apply for a grant from The Razi Family Foundation?
The 2024 filing says to see the application instructions attached for the required form and materials and for award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Razi Family Foundation's EIN?
The Razi Family Foundation's EIN (Employer Identification Number) is 91-2169259. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Razi Family Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-razi-family-foundation-morg_19127334e8c34fbcb979ff2c56398a94
BibTeX
@misc{grantable_912169259_2026,
author = {{Grantable}},
title = {{The Razi Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-razi-family-foundation-morg_19127334e8c34fbcb979ff2c56398a94},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Razi Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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