Persian Heritage Foundation
- Assets
- $8.4m
- Revenue
- $1.2m
- Investments
- $8.1m
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 06/1984
- Data as of
- 06/2021
- EIN
- 13-3201819
Organization Overview
Persian Heritage Foundation is located in Fresno, CA. The organization was established in 1984. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persian Heritage Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Persian Heritage Foundation generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $619.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Persian Heritage Foundation has awarded 80 individual grants totaling $13,096,072. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ali Gheissari Board Member | 20 | $33,416 | |
Dr Elton Daniel Board Member | 20 | $33,334 | |
Dr Rudy Matthee Board Member | 20 | $33,167 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $80,596 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,152,787 |
| Capital Gain Net Income | $1,152,787 |
| Net ST Capital Gain | $750,182 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,723 |
| Total Revenue | $1,235,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $99,917 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,873 |
| Printing and publications | $600 |
| Other expenses | $106,744 |
| Total operating and administrative expenses | $329,071 |
| Contributions, gifts, grants paid | $289,900 |
| Total expenses and disbursements | $618,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,856 |
| Savings and temporary cash investments | $68,129 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,609 |
| Total assets | $8,415,894 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Persian Heritage Foundation has awarded $289,900 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
New Haven, CT PURPOSE: GENERAL SUPPORT | $107,470 |
LYNN GUMPERT PURPOSE: GENERAL SUPPORT | $70,000 |
SAID ARJOMAND PURPOSE: GENERAL SUPPORT | $20,000 |
BANUAZIZI PURPOSE: GENERAL SUPPORT | $17,500 |
ALI SADR PURPOSE: GENERAL SUPPORT | $10,000 |
NIMA FARANAH PURPOSE: GENERAL SUPPORT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Polynesian Cultural Center Laie, HI | $116,249,000 | $62,645,558 |
Skirball Cultural Center Los Angeles, CA | $394,099,522 | $16,429,571 |
Cultura Y Arte Nativa De Las Americas San Francisco, CA | $2,055,522 | $13,827,231 |
American Indian Health & Services Corporation Santa Barbara, CA | $10,365,655 | $13,137,792 |
River Of Life Foundation Santa Clara, CA | $1,212,027 | $11,599,827 |
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Kanu O Ka Aina Learning Ohana Kamuela, HI | $16,258,612 | $5,026,413 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |