Shojaee Foundation
- Assets
- $2.9m
- Revenue
- -$161.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 85-4225557
Organization Overview
Shojaee Foundation is located in Scottsdale, AZ. 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. Shojaee Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hamid R Shojaee Trustee | 0 | $0 | |
Lawdan T Shojaee Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $61,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$228,987 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,614 |
| Total Revenue | -$161,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $63,430 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,203 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,218 |
| Printing and publications | $0 |
| Other expenses | $40,882 |
| Total operating and administrative expenses | $138,965 |
| Contributions, gifts, grants paid | $11,450 |
| Total expenses and disbursements | $150,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,214,536 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,913 |
| 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 | $443,236 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,850,982 |
| Accounts payable and accrued expenses | $126 |
| 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 | $126 |
Grants Awarded
Over the last fiscal year, Shojaee Foundation has awarded $11,450 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JDRF DESERT SOUTHWEST PURPOSE: GENERAL FUND | $10,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL FUND | $250 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL FUND | $250 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL FUND | $250 |
CLIMB YOUR EVEREST PURPOSE: GENERAL FUND | $500 |
ASU FOUNDATION - KERR CULTURAL CENTER PURPOSE: GENERAL FUND | $200 |