Rav Izi Azi Foundation
- Assets
- $195.8k
- Revenue
- $203.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 04/2011
- Data as of
- 09/2023
- EIN
- 26-3758954
Organization Overview
Rav Izi Azi Foundation is located in Tucson, AZ. The organization was established in 2011. 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. Rav Izi Azi 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 09/2023, Rav Izi Azi Foundation generated $203.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $66.4k during the year ending 09/2023. While expenses have increased by 8.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rav Izi Azi Foundation has awarded 55 individual grants totaling $506,061. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION WILL ORGANIZE AND OPERATE A PROGRAM WHICH PROVIDES JEWISH SOCIAL WELFARE.
FOUNDATION WILL DONATE RELIGIOUS SUPPLIES TO CONGREGATIONS.
FOUNDATION WILL AWARD SCHOLARSHIP GRANTS TO THE INDIGENT.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $203,400 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $439 |
| Total operating and administrative expenses | $7,939 |
| Contributions, gifts, grants paid | $58,428 |
| Total expenses and disbursements | $66,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,941 |
| Savings and temporary cash investments | $0 |
| 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 | $14,900 |
| 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 | $0 |
| Total assets | $195,841 |
| 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, Rav Izi Azi Foundation has awarded $58,428 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AARON SEBBANE PURPOSE: CHARITABLE CONTRIBUTION | $24,192 |
TZEDAKA LADIES PURPOSE: JEWISH SOCIAL WELFARE | $4,536 |
TUCSON COMMUNITY KOLLEL FOUNDATION PURPOSE: JEWISH EDUCATION | $29,700 |