Turkish Cultural Foundation
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.
Turkish Cultural Foundation at a glance
In short: Turkish Cultural Foundation gave $2.0M across 2 grants in 2020 (avg $1.0M), mostly in New York. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $2,000,000
- Grants made (2020)
- 2
- Average grant
- $1,000,000
- Median grant
- $1,000,000
- Total assets
- $6,986,025
- Primary geography
- New York (50% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated September 2026.
Who Turkish Cultural Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2020
The largest 2020 recipient was Turkish Philantropy Fund ($1.0M). Together the top 2 received $2.0M.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 2 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Distributable Amount |
|---|---|---|---|---|---|---|
| 2020 | $6,986,025 | $1,016,240 | $2,613,254 | $2,000,000 | 2 | $381,288 |
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.
Leadership & Key People
Officers and directors from IRS filings
Turkish Cultural Foundation's 2020 filing lists 2 officers; 1 of 2 officers listed in 2020 is compensated.
Officers on the 2020 filing
Yalcin Ayasli
Trustee
New on the 2020 filing
40 hrs/week
$244K (2020)
Serpil Ayasli
Trustee
New on the 2020 filing
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $244K, to Yalcin Ayasli (Trustee).
Frequently asked questions about Turkish Cultural Foundation
How much does Turkish Cultural Foundation give each year?
Turkish Cultural Foundation gave $2.0M across 2 grants in 2020, according to its 2020 IRS Form 990-PF.
How large is Turkish Cultural Foundation?
Turkish Cultural Foundation reported $7.0M in total assets on its 2020 IRS Form 990-PF. Its revenue that year was $1.0M.
What is Turkish Cultural Foundation?
Turkish Cultural Foundation is a private foundation focused on Arts, Culture & Humanities, based in Concord, MA. It holds $7.0M in total assets as of 2020.
Where does Turkish Cultural Foundation operate?
Turkish Cultural Foundation has awarded grants in Massachusetts, New York.
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.
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 year 2020
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Funders with grantees in common, and similar funders in Massachusetts
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Turkish Cultural Foundation down — hundreds of funders to go?