Jalali Family Foundation
- Assets
- $1.3m
- Revenue
- $169.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 01/2008
- Data as of
- 12/2022
- EIN
- 26-0729549
Organization Overview
Jalali Family Foundation is located in Newport Beach, CA. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jalali Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Jalali Family Foundation has awarded 73 individual grants totaling $1,715,292. 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 |
|---|---|---|---|
Bahram Jalali President | 8 | $0 | |
Mojgan Raygan Secretary | 8 | $0 | |
Darren Youngman Chief Financial Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,400 |
| Dividends & Interest | $14,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $87,744 |
| Capital Gain Net Income | $87,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42,560 |
| Total Revenue | $169,425 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,956 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $210 |
| Total operating and administrative expenses | $14,766 |
| Contributions, gifts, grants paid | $551,803 |
| Total expenses and disbursements | $566,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,201 |
| 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 | $1,178,433 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,420 |
| Total assets | $1,314,087 |
| 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 | $160 |
| Total liabilities | $160 |
Grants Awarded
Over the last fiscal year, Jalali Family Foundation has awarded $551,803 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL BRAIN MAPPING FOUNDATION PURPOSE: GENERAL OPERATIONS | $10,000 |
UNIVERSITY OF ARIZONA FOUNDATION PURPOSE: GENERAL OPERATIONS | $250,000 |
LAGUNA HILLS HIGH SCHOOL PURPOSE: GENERAL OPERATIONS | $2,000 |
COLUMBIA UNIVERSITY PURPOSE: GENERAL OPERATIONS | $250,000 |
FARHANG FOUNDATION PURPOSE: GENERAL OPERATIONS | $15,000 |
NATIONAL CHILDRENS CHORUS PURPOSE: GENERAL OPERATIONS | $500 |