Persian Heritage Foundation
- Assets
- $10.4m
- Revenue
- $2.6m
- Investments
- $9.5m
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 06/1984
- Data as of
- 06/2022
- EIN
- 13-3201819
Organization Overview
Persian Heritage Foundation is located in Fresno, CA. The organization was established in 1984. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persian Heritage 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, Persian Heritage Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $625.4k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Persian Heritage Foundation has awarded 110 individual grants totaling $13,609,772. 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 |
|---|---|---|---|
Dr Elton Daniel Board Member | 20 | $33,334 | |
Dr Rudy Matthee Board Member | 20 | $33,333 | |
Dr Ali Gheissari Board Member | 20 | $33,333 | |
Dr Elton Daniel Board Member | 20 | $33,334 | |
Dr Rudy Matthee Board Member | 20 | $33,333 | |
Dr Ali Gheissari Board Member | 20 | $33,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $70,796 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,459,598 |
| Capital Gain Net Income | $2,459,597 |
| Net ST Capital Gain | $2,459,597 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,031 |
| Total Revenue | $2,587,425 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,087 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,815 |
| Printing and publications | $300 |
| Other expenses | $138,984 |
| Total operating and administrative expenses | $368,529 |
| Contributions, gifts, grants paid | $256,850 |
| Total expenses and disbursements | $625,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,201 |
| Savings and temporary cash investments | $589,807 |
| 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 | $154,609 |
| Total assets | $10,365,571 |
| 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, Persian Heritage Foundation has awarded $513,700 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
BRILL PROJECT PURPOSE: GENERAL SUPPORT | $150,000 |
MARYANN SEPEHRI PURPOSE: GENERAL SUPPORT | $6,000 |
PAOLA ORSATTI PURPOSE: GENERAL SUPPORT | $5,200 |
AMER SUNDAS PURPOSE: GENERAL SUPPORT | $4,000 |
ALI SADR PURPOSE: GENERAL SUPPORT | $7,000 |
PARVIN MALEK PURPOSE: GENERAL SUPPORT | $4,000 |