Abbaszadeh Foundation
- Assets
- $1.0m
- Revenue
- $154.7k
- Investments
- $975.6k
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-3738816
Organization Overview
Abbaszadeh Foundation is located in Aspen, CO. The organization was established in 2018. 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. Abbaszadeh Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Abbaszadeh Foundation has awarded 35 individual grants totaling $2,103,745. 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
TO PROVIDE EDUCATIONAL AND TRAINING PROGRAMS AND MATERIALS FOR DISSEMINATION TO PERSONS INTERESTED IN SCIENCE, HEALTH, AND NUTRITION.
TO CREATE EVENTS, PROGRAMS, LITERATURE, WEBSITES, APPLICATIONS, AND WORKSHOPS TO HELP INFORM THE GENERAL PUBLIC ABOUT ISSUES PERTAINING TO SCIENCE, HEALTH, AND NUTRITION.
TO CREATE WEBSITES, APPLICATIONS, AND MATERIALS TO CONNECT INDIVIDUALS AND ORGANIZATIONS FOCUSED ON SCIENCE, HEALTH, AND NUTRITION.
TO PERFORM SUCH OTHER CHARITABLE AND EDUCATIONAL SERVICES AS MAY BE PERMITTED BY LAW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reza Abbaszadeh President And Director | 10 | $0 | |
Debra Abbaszadeh Secretary/ Chairman And Di | 10 | $0 | |
Stephen Kane Treasurer And Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $144 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $154,528 |
| Capital Gain Net Income | $154,528 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $154,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $70,291 |
| Total operating and administrative expenses | $74,876 |
| Contributions, gifts, grants paid | $546,330 |
| Total expenses and disbursements | $621,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,606 |
| 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 | $975,580 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,008,186 |
| 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, Abbaszadeh Foundation has awarded $546,330 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
START SCHOOL LATER PURPOSE: TO INCREASE PUBLIC AWARENESS ABOUT THE RELATIONSHIP BETWEEN SLEEP AND SCHOOL HOURS AND TO ENSURE SCHOOL SART TIMES ARE COMPATIBLE WITH HEALTH, SAFETY, EDUCATION, AND EQUITY. | $25,000 |
MEHR ORGANIZATION PURPOSE: TO PROMOTE HEALTH, COMPASSIONATE, VIBRANT ORGANIZATION WHERE TO BE THE MOST EFFECTIVE SOCIAL SERVICE PROVIDER TO THE IRANIAN-AMERICAN COMMUNITY IN THE GREATER SACRAMENTO AREA. | $5,000 |
CENTER FOR INQUIRY PURPOSE: TO FOSTER A SECULAR SOCIETY BASED ON REASON, SCIENCE, FREEDOM OF INQUIRY, AND HUMANIST VALUES. | $100,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: TO SUPPORT HOSPITAL RECOGNIZED AS A LEADER IN PATIENT CASE, MEDICAL EDUCATION AND RESEARCH. | $50,000 |
ROCKY MOUNTAIN PBS PURPOSE: TO SUPPORT PUBLIC PROGRAMMING. | $300 |
ASPEN EDUCATION FUND FOUNDATION PURPOSE: TO SUPPORT EDUCATION IN THE COMMUNITY. | $100,000 |