The Razi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 10 grants totaling $200K. Net investment income was $174K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-1.2% YoY
Annual Giving
$200K
-54.8% YoY
Grant Count
10
-52.4% YoY
Avg Grant Size
$20K
-5.1% YoY
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.
About The Razi Family Foundation
Based on IRS filings
The Razi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 10 grants totaling $200K. Net investment income was $174K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,681,079 | $2,712,928 | $3,071,699 |
| Revenue | $197,409 | $112,397 | $104,477 |
| Expenses | $229,258 | $471,168 | $432,489 |
| Qualifying Distributions | $205,490 | $447,807 | $395,781 |
| Net Investment Income | $173,641 | $89,036 | $76,024 |
| Distributable Amount | $149,419 | $140,727 | $165,169 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Farhang Foundation ($72,500), The Museum of Contemporary Art ($44,416), Smithsonian Institution ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FARHANG FOUNDATION TORRANCE, CA | TO PROMOTE THE ART AND CULTURE OF IRANIAN AMERICANS. | $72,500 |
| NAPA VALLEY FESTIVAL ASSOCIATION NAPA, CA | TO SUPPORT ARTS EDUCATION INITIATIVES AND THE ANNUAL FESTIVAL IN NAPA VALLEY. | $4,400 |
| CALIFORNIA STATE UNIVERSITY FOUNDATION LONG BEACH, CA | TO PROMOTE EDUCATION. | $10,000 |
| 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 |
| 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 |
| TIDES CENTER SAN FRANCISCO, CA | TO ACCELERATE THE PACE OF SOCIAL CHANGE. | $15,000 |
| SMITHSONIAN INSTITUTION WASHINGTON, DC | TO SUPPORT THE HIRSHHORN MUSEUM AND SCULPTURE GARDEN. | $20,000 |
| THE MUSEUM OF CONTEMPORARY ART LOS ANGELES, CA | IN SUPPORT OF THE MUSEUM'S ART PROGRAMS. | $44,416 |
| LOS ANGELES OPERA COMPANY LOS ANGELES, CA | TO SUPPORT PRODUCING WORLD CLASS OPERA. | $10,000 |
| PERFORMING ARTS CENTER OF LOS ANGELES COUNTY LOS ANGELES, CA | TO SUPPORT MUSICAL EDUCATION IN SCHOOLS AND IN THE COMMUNITY. | $800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALI CYRUS RAZI | CHAIRMAN | 2 | — |
| BABAK CYRUS RAZI | VICE PRESIDENT/CFO | 2 | — |
| NILOOFAR RAZI HOWE | PRESIDENT | 2 | — |
| KEYVAN CYRUS RAZI | VICE PRESIDENT/SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Razi Family Foundation?
The Razi Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINE, CA. It holds $2.7M in total assets as of 2024.
How large is The Razi Family Foundation?
As of 2024, The Razi Family Foundation holds $2.7M in total assets with $197K in annual revenue. It awarded 10 grants totaling $200K in 2024.
Where does The Razi Family Foundation operate?
The Razi Family Foundation has awarded grants in California, Colorado, District of Columbia, New York, Texas.
What size grants does The Razi Family Foundation award?
In 2024, The Razi Family Foundation awarded 10 grants totaling $200K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Razi Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Razi Family Foundation reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Razi Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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