Turkish Cultural Foundation is a private foundation focused on Arts, Culture & Humanities, based in CONCORD, MA. IRS filing data is available for 2020. As of 2020, the organization holds $7.0M in total assets. In 2020, it awarded 2 grants totaling $2.0M.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
$7.0M
Annual Giving
$2.0M
Grant Count
2
Avg Grant Size
$1.0M
Under IRS private-foundation payout rules, Turkish Cultural Foundation reported a distributable amount of $381K for 2020 — the minimum it must pay out in qualifying distributions.
About Turkish Cultural Foundation
Based on IRS filings
Turkish Cultural Foundation is a private foundation focused on Arts, Culture & Humanities, based in CONCORD, MA. IRS filing data is available for 2020. As of 2020, the organization holds $7.0M in total assets. In 2020, it awarded 2 grants totaling $2.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | $6,986,025 |
| Revenue | $1,016,240 |
| Expenses | $2,613,254 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | $381,288 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2020
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Turkish Philantropy Fund ($1,000,000), Turkish Coalition of America ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TURKISH PHILANTROPY FUND NEW YORK, NY | PHILANTHROPIC GRANT | $1,000,000 |
| TURKISH COALITION OF AMERICA CONCORD, MA | PHILANTHROPIC GRANT | $1,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YALCIN AYASLI | TRUSTEE | 40 | $244,200 |
| DR SERPIL AYASLI | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Turkish Cultural Foundation?
Turkish Cultural Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in CONCORD, MA. It holds $7.0M in total assets as of 2020.
How large is Turkish Cultural Foundation?
As of 2020, Turkish Cultural Foundation holds $7.0M in total assets with $1.0M in annual revenue. It awarded 2 grants totaling $2.0M in 2020.
Where does Turkish Cultural Foundation operate?
Turkish Cultural Foundation has awarded grants in Massachusetts, New York.
What size grants does Turkish Cultural Foundation award?
In 2020, Turkish Cultural Foundation awarded 2 grants totaling $2.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.
How much is Turkish Cultural Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Turkish Cultural Foundation reported a distributable amount of $381K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Turkish Cultural Foundation's EIN?
Turkish Cultural Foundation's EIN (Employer Identification Number) is 04-3484459. IRS Form 990 filing data is available on this page for 2020.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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