Nezhat Family Foundation
- Assets
- $3.7m
- Revenue
- $468.8k
- Investments
- $2.2m
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 46-1617356
Organization Overview
Nezhat Family Foundation is located in Redwood City, CA. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Nezhat 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.
For the year ending 12/2022, Nezhat Family Foundation generated $468.8k in total revenue. All expenses for the organization totaled $299.9k during the year ending 12/2022. While expenses have increased by 58.9% per year over the past 8 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 2017, Nezhat Family Foundation has awarded 72 individual grants totaling $1,008,897. 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 |
|---|---|---|---|
Camran Nezhat President | 0 | $0 | |
Farr Nezhat Director | 0 | $0 | |
Ceana Nezhat Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $342,152 |
| Interest on Savings | $13,989 |
| Dividends & Interest | $36,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $76,567 |
| Capital Gain Net Income | $76,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $468,777 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $326 |
| Total operating and administrative expenses | $335 |
| Contributions, gifts, grants paid | $299,600 |
| Total expenses and disbursements | $299,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,516,685 |
| 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 | $0 |
| Total assets | $3,667,255 |
| 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, Nezhat Family Foundation has awarded $299,600 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
SOCIETY OF LAPAROENDOSCOPIC SURGEON PURPOSE: TO PROMOTE SURGEONS AND OTHER HEALTH CARE PROFESSIONALS INTERESTED IN MINIMALLY INVASIVE SURGERY & THERAPY. | $6,000 |
AMERICAN SOCIETY OF REPRODUCTIVE ME PURPOSE: PROVIDE HEALTHCARE RESEARCH | $25,000 |
COLLEGE OF STATEN ISLAND PURPOSE: HELP PROVIDE HEALTHCARE EDUCATION | $7,500 |
ST LOUIS UNIVERSITY PURPOSE: HELP PROVIDE HEALTHCARE EDUCATION | $20,000 |
NATIONAL MEDICAL FELLOWSHIPS INC PURPOSE: SUPPORT MINORITY STUDENT EDUCATION IN MEDICINE | $10,000 |
STANFORD UNIVERSITY PURPOSE: HELP PROVIDE HEALTHCARE EDUCATION | $30,000 |