Jalali Family Foundation
- Assets
- $1.7m
- Revenue
- $722.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- 01/2008
- Data as of
- 12/2021
- 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 60 individual grants totaling $1,163,489. 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 | $306,983 |
| Interest on Savings | $25,159 |
| Dividends & Interest | $12,867 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $376,765 |
| Capital Gain Net Income | $376,765 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $725 |
| Total Revenue | $722,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $40 |
| Taxes | $5,464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $14,498 |
| Contributions, gifts, grants paid | $255,280 |
| Total expenses and disbursements | $269,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,151 |
| 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 | $1,655,707 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,856 |
| Total assets | $1,711,231 |
| 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 $255,280 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY PURPOSE: GENERAL OPERATIONS | $250,000 |
BOSTON UNIVERSITY PURPOSE: GENERAL OPERATIONS | $5,000 |
Culver City, CA PURPOSE: GENERAL OPERATIONS | $250 |
Los Angeles, CA PURPOSE: GENERAL OPERATIONS | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |