Hosseini Family Foundation
- Assets
- $2.3m
- Revenue
- $3.3m
- Investments
- $2.3m
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- Data as of
- 06/2022
- EIN
- 84-1947963
Organization Overview
Hosseini Family Foundation is located in Daytona Beach, FL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hosseini 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 06/2022, Hosseini Family Foundation generated $3.3m in total revenue. All expenses for the organization totaled $251.3k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 3 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 2020, Hosseini Family Foundation has awarded 25 individual grants totaling $213,266. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FBH COMMUNITY INC-A 501C3 ORGANIZATION
UGANDA - PROVIDE BASIC IMMEDIATE NEEDS FOR FOOD, WATER,
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Forough Hosseini Chair | 3 | $0 | |
Nellie Lupoli Director | 1 | $0 | |
Nina Hosseini Director | 1 | $0 | |
Nika Hosseini Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,307,449 |
| Interest on Savings | $10 |
| Dividends & Interest | $7,743 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,324 |
| Capital Gain Net Income | $185,383 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,332,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,764 |
| Depreciation | $0 |
| Occupancy | $15,474 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,466 |
| Total operating and administrative expenses | $193,802 |
| Contributions, gifts, grants paid | $57,536 |
| Total expenses and disbursements | $251,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,474 |
| Savings and temporary cash investments | $12,441 |
| 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 | $2,307,750 |
| Accounts payable and accrued expenses | $3,250 |
| 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 | $3,250 |
Grants Awarded
Over the last fiscal year, Hosseini Family Foundation has awarded $53,136 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GLOBAL EDUCATIO | $37,000 |
Jacksonville, FL PURPOSE: VETERAN REHAB | $5,000 |
ST JUDES CHILDRENS RESE PURPOSE: MEDICAL RESEARC | $5,000 |
Daytona Beach, FL PURPOSE: SCHOLARSHIPS | $2,500 |
SPRUCE CREEK PRESBYTERI PURPOSE: YOUTH | $1,000 |
DSC FOUNDATION PURPOSE: SCHOLARSHIPS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |