Y & S Nazarian Family Foundation

Organization Overview

Y & S Nazarian Family Foundation is located in Beverly Hills, CA. The organization was established in 2000. 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. Y & S Nazarian 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 12/2021, Y & S Nazarian Family Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Y & S Nazarian Family Foundation has awarded 65 individual grants totaling $4,997,848. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $614
Dividends & Interest $748,339
Net Rental Income$0
Net Gain on Sale of Assets $797,101
Capital Gain Net Income $1,402,213
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $307
Total Revenue $1,546,361

Grants Awarded

Over the last fiscal year, Y & S Nazarian Family Foundation has awarded $1,822,813 in support to 30 organizations.

Grant RecipientAmount

BEZALEL SCHOOL OF DESIGN

PURPOSE: GENERAL SUPPORT

$600,000

WIZO LOS ANGELES

PURPOSE: GENERAL SUPPORT

$503,800

AMERICAN JEWISH UNIVERSITY

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT

$200,000

IMA FOUNDATION

PURPOSE: GENERAL SUPPORT

$116,013

Champaign, IL

PURPOSE: GENERAL SUPPORT

$101,000

JERUSALEM ACADEMY OF MUSIC AND DANCE

PURPOSE: GENERAL SUPPORT

$60,000
View Grant Profile

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