Zarabi Family Foundation
- Assets
- $2.1m
- Revenue
- -$107.6k
- Investments
- $952.9k
- Employees
- 0
- Location
- Chatsworth, CA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4359394
Organization Overview
Zarabi Family Foundation is located in Chatsworth, CA. The organization was established in 2017. 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. Zarabi 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 2017, Zarabi Family Foundation has awarded 107 individual grants totaling $1,236,883. 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 |
|---|---|---|---|
Morad Zarabi Director | 1 | $0 | |
Michael Zarabi Director | 1 | $0 | |
Robert Zarabi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,537 |
| Dividends & Interest | $9,656 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$138,750 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$107,557 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $225 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $203 |
| Total operating and administrative expenses | $16,594 |
| Contributions, gifts, grants paid | $322,960 |
| Total expenses and disbursements | $339,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,296 |
| Savings and temporary cash investments | $1,076,736 |
| 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 | $1,832 |
| Total assets | $2,050,776 |
| 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, Zarabi Family Foundation has awarded $322,960 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
NESSAH SYNAGOGUE PURPOSE: GENERAL OPERATING SUPPORT | $84,460 |
RD & M KINDNESS PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
EFRAT-CRIB PURPOSE: EDUCATION | $35,000 |
CHABAD ON 17TH PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: GENERAL OPERATING SUPPORT | $10,500 |