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Alavi Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Alavi Foundation

650 5th Ave., Ste. 2406

New York City, NY United States 10019-6108

Telephone: (212) 944-8333

URL: www.alavifoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-03-31)

Assets: $107,394,541

Total giving: $372,000

EIN

237345978

BRIDGE Number

4677331466

Background

Incorporated in 1973 in NY - The foundation is the owner of more than 50% of an office building in Manhattan. The foundation obtained a mortgage to finance the purchase of the building. The mortgage is paid off and at present substantially all of the funds used in the foundation's charitable functions are derived from the rental income of that property

Purpose and Activities

A primary aim of the foundation is to promote harmony and understanding among people of different religions. Another of its basic aims is to promote the study of the humanities, arts, and pure and applied sciences. It also gives to organizations that are involved in the teaching of Islamic or Persian culture.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Book Distribution

The foundation established a book distribution program for those unable to purchase these books on their own.

Colleges and Universities

The foundation encourages universities in North America to offer courses on Persian language, Iranian studies and the Islamic culture with a focus on Shi'ite studies.

Disaster Relief

The foundation provides funds to support disaster relief projects.

Grants to Individuals Program

Scholarships to Iranian citizens who are students at, or have been accepted by, a U.S. college or university.

Interfaith Dialogue

The foundation provides funds in support of interfaith and religious pluralism projects.

Islamic Organizations

The foundation supports Islamic centers that are established and used by local Muslim communities throughout the United States.

Persian Schools

The foundation supports weekend Persian Schools throughout the United States that link Iranian-Americans with their Persian heritage.

Program-Related Investment

The foundation has made PRIs, in the form of loans, to Islamic organizations and to Islamic schools.

Scholarly Research

The foundation provides funds supporting scholarly research projects in Iranian and Islamic/Shi'ite studies.

Support for the Arts

The foundation provides funds to support Islamic and Persian arts.

Fields of Interest

Subjects
  • Arts and culture
  • Education
  • Education services
  • Human services
  • Islam
  • Religion
Population Groups
  • Academics
  • Children and youth
  • Students

Financial Data

Year ended 2014-03-31

Assets: $107,394,541 (market value)

Gifts received: $7,160

Expenditures: $5,556,298

Total giving: $372,000

Qualifying distributions: $4,994,330