Inovent Foundation Formerly Jalali Family Foundation
Preselected recipients only
Inovent Foundation Formerly Jalali Family Foundation is a private foundation in Newport Beach, California. In tax year 2024 it gave $68,000 in 12 grants; the typical grant was $2,750 and the largest $18,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$68,000
- Number of grants12
- Typical grant$2,750
- Largest grant$18,000
- Assets$1.4 million
- New grantees43%
Giving in 2024 was down from $280,635 the year before.
43% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $280,635 | 9 | $1.2 million |
| 2024 | $68,000 | 12 | $1.4 million |
How to apply
Inovent Foundation Formerly Jalali Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Inovent Foundation Formerly Jalali Family Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 10 | $48,000 |
| New York | 2 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Farhang Foundation | General operations | $18,000 |
| La Philharmonic | General operations | $15,000 |
| Columbia University | General operations | $15,000 |
| Columbia University | General operations | $5,000 |
| Pasadena City College Foundation | General operations | $3,500 |
| Iranian American Women Foundation | General operations | $3,000 |
| Pacific Resident Theatre | General operations | $2,500 |
| Iranian American Women Foundation | General operations | $2,000 |
| Laguna Hills High School | General operations | $1,000 |
| Iranian American Women Foundation | General operations | $1,000 |
| Iranian American Women Foundation | General operations | $1,000 |
| Laguna Hills High School | General operations | $1,000 |
Officers and trustees
- Bahram Jalali
- Mojgan Raygan
- Darren Youngman
Questions people ask
Does Inovent Foundation Formerly Jalali Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Inovent Foundation Formerly Jalali Family Foundation give?
$68,000 in tax year 2024, across 12 grants, with a typical grant of $2,750.
Who runs Inovent Foundation Formerly Jalali Family Foundation?
Its 2024 filing lists Bahram Jalali (President), Mojgan Raygan (Secretary) and Darren Youngman (Chief Financial Officer).
What does Inovent Foundation Formerly Jalali Family Foundation fund?
Based on its grants, mainly education and arts and culture.