Rastegar Foundation Inc
Preselected recipients only
Rastegar Foundation Inc is a private foundation in Beverly Hills, California. In tax year 2024 it gave $70,030 in 10 grants; the typical grant was $3,765 and the largest $25,000. 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$70,030
- Number of grants10
- Typical grant$3,765
- Largest grant$25,000
- Assets$41,080
- New grantees50%
Giving in 2024 was up from $52,510 the year before.
50% 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 |
|---|---|---|---|
| 2022 | $135,898 | 22 | $88,530 |
| 2023 | $52,510 | 11 | $62,904 |
| 2024 | $70,030 | 10 | $41,080 |
How to apply
Rastegar Foundation Inc 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.
Foundation website IRS filings on ProPublica
What Rastegar Foundation Inc funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 10 | $70,030 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Magbit Foundation | Support for widowed and orphaned individuals | $25,000 |
| Individual | Rental assistance | $13,000 |
| Hope Foundation of Iranian-American | Support for persian american jewish in need of basics | $10,000 |
| Helping Hands Charitable Foundation | Support for children with disabilities | $10,000 |
| One Lev Org | Aid for needy families and students | $5,760 |
| Individual | Medical assistance | $1,770 |
| Individual | Rent assistance | $1,500 |
| Individual | Medical financial aid | $1,500 |
| Chabad of Beverly Grove | Meals for the elderly | $1,000 |
| Chabad of Brentwood | Medical expenses for disabled children | $500 |
Officers and trustees
- Jacob Rastegar
- Jasmine Kahen
- Mikel Rastegar
- Trixy Castro
Questions people ask
Does Rastegar Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Rastegar Foundation Inc give?
$70,030 in tax year 2024, across 10 grants, with a typical grant of $3,765.
Who runs Rastegar Foundation Inc?
Its 2024 filing lists Jacob Rastegar (President), Jasmine Kahen (Treasurer), Mikel Rastegar (Secretary) and Trixy Castro (Board Member).
What does Rastegar Foundation Inc fund?
Based on its grants, mainly faith communities, disability and youth programs.