Moayed Family Foundation Inc
- Assets
- $1.5m
- Revenue
- $560.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Gatos, CA
- Founding
- 12/2018
- Data as of
- 12/2022
- EIN
- 83-1724909
Organization Overview
Moayed Family Foundation Inc is located in Los Gatos, CA. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Moayed Family Foundation Inc 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 12/2022, Moayed Family Foundation Inc generated $560.0 in total revenue. All expenses for the organization totaled $34.8k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHORT TERM HOUSING ASSISTANCE AND MEALS PROVIDED TO NEW ARRIVAL IMMIGRANTS UNTIL THEY CAN SUPPORT THEMSELVES.
FINANCIAL ASSISTANCE FOR ENGLISH PROFICIENCY CLASSES, AS WELL AS LEGAL ASSISTANCE, PROVIDED TO GUIDE IMMIGRANTS TO THEIR PATH OF BECOMING UNITED STATES CITIZENS.
THE FOUNDATION PROMOTES DIVERSITY TOLERANCE TO THE COMMUNITY AND ALSO ASSISTS SCHOOL AGE INDIVIDUALS WITH MONETARY SUPPORT AND ENROLLMENT FORMS.
MENTAL HEALTH ASSISTANCE PROVIDED FOR REFUGEES WHO WERE MENTALLY ABUSED PRIOR TO ARRIVING THE COUNTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Moayed President | 15 | $0 | |
Hameed Ahmadi Vice President | 20 | $0 | |
Seied Langrudi Director | 20 | $0 | |
Farzaneh Tabrizi Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $504 |
| Interest on Savings | $56 |
| 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 | $560 |
| 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 | $15,446 |
| Occupancy | $12,606 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $28,828 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $34,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $53,245 |
| 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 | $1,452,853 |
| Other assets | $0 |
| Total assets | $1,506,098 |
| 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, Moayed Family Foundation Inc has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GULNARA JABRAYIOVA PURPOSE: SHORT-TERM HOUSING ASSISTANCE | $3,000 |
HUSEYN ALIYEV PURPOSE: SHORT-TERM HOUSING ASSISTANCE | $1,500 |
FARHAD ALAKBAROV PURPOSE: SHORT-TERM HOUSING ASSISTANCE | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Mission Increase Tigard, OR | $936,883 | $5,775,075 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |
Childrens Legal Services Of San Diego San Diego, CA | $3,320,083 | $4,712,343 |
United Labor Agency Of Nevada Inc Las Vegas, NV | $492,532 | $3,236,061 |
The Conservation Alliance Bend, OR | $7,750,898 | $3,428,997 |
Springboard Social Enterprises Ladera Ranch, CA | $181,465 | $2,640,885 |
The Moonridge Foundation Las Vegas, NV | $1,474,323 | $2,560,150 |
Commission On Eliminating Harassment And Advancing Equality Santa Monica, CA | $1,601,546 | $2,132,862 |