Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Nazem Family Foundation, based in New York, is a philanthropic organization with assets totaling $557,394. It focuses on supporting initiatives in arts and culture, education, and human services. In the past year, the foundation reported expenses of $29,865 and revenue of $112,889. The foundation has funded projects in various cities across the United States, including Boston, Bridgewater, Bronx, Brooklyn, Cleveland, Irvine, New York, Sandy Hook, Sarasota, Sherman Oaks, St Paul, and The Bronx, covering states such as California, Connecticut, Florida, Massachusetts, Minnesota, New York, and Ohio. The foundation is led by Fred Nazem, who serves as President and Director, along with Susie Gharib Nazem as Treasurer and Director, and Taraneh Nazem and Alexander Nazem as Directors. None of the directors receive compensation for their roles.
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Financials
+2.6% from previous year
15 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $10,000 | Case Western Reserve Univ | Further education | Cleveland, OH, US | 2022 |
| $10,000 | Case Western Reserve Univ | Further education | Cleveland, OH, US | 2023 |
| $10,000 | Case Western Reserve Univ | Further education | Cleveland, OH, US | 2024 |
| $8,000 | Columbia University | Education | New york, NY, US | 2024 |
| $3,000 | Columbia University | Further Education | New york, NY, US | 2022 |
| $3,000 | Carnegie Hall | Promote the arts | New york, NY, US | 2024 |
| $2,000 | ICE Theatre of New York | Promote the arts | New york, NY, US | 2023 |
| $1,500 | St Paul's College Foundation | Promote education | St paul, MN, US | 2023 |
| $1,000 | The Buckley School | Further Education | Sherman oaks, CA, US | 2022 |
| $1,000 | Iranian American Women Foundation | Empowerment for Iranian American women | Irvine, CA, US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
FN
Fred Nazem
| President and Director | $0 | 2024 |
SG
Susie Gharib Nazem
| Treasurer and Director | $0 | 2024 |
TN
Taraneh Nazem
| Director | $0 | 2024 |
AN
Alexander Nazem
| Director | $0 | 2024 |
Fred Nazem
President and Director
Susie Gharib Nazem
Treasurer and Director
Taraneh Nazem
Director
Alexander Nazem
Director
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025