Mobedshahi Family Foundation
- Assets
- $50.9k
- Revenue
- $207.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Martin, CA
- Founding
- 12/2001
- Data as of
- 10/2022
- EIN
- 94-3381081
Organization Overview
Mobedshahi Family Foundation is located in San Martin, CA. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Mobedshahi 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 10/2022, Mobedshahi Family Foundation generated $207.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (52.3%) each year. All expenses for the organization totaled $128.6k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mobedshahi Family Foundation has awarded 42 individual grants totaling $634,210. 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
THE ACTIVITIES OF THE FOUNDATION ARE LIMITED TO GRANT MAKING
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $207 |
| 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 | $207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,983 |
| Total operating and administrative expenses | $3,035 |
| Contributions, gifts, grants paid | $125,560 |
| Total expenses and disbursements | $128,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,920 |
| 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 | $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 | $50,920 |
| 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, Mobedshahi Family Foundation has awarded $125,560 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF DIAMOND HEART PURPOSE: CASH GRANT | $50,000 |
RIDHWAN FOUNDATION PURPOSE: CASH GRANT | $75,000 |
AMBER'S ANGELS PURPOSE: CASH GRANT | $500 |
ST CATHERINE'S CATHOLIC SCHOOL PURPOSE: CASH GRANT | $60 |