Overview
What is Farhang Foundation?
The Farhang Foundation, located at 222 Monterey Road 1606, Glendale, CA 91206, is a nonprofit organization dedicated to celebrating and promoting Iranian art and culture. They achieved significant recognition on November 6, 2021, by hosting their 11th annual fundraising gala at the Beverly Wilshire Hotel in Beverly Hills. Over 500 guests and sponsors attended, with musical performances by Kamyar and Tara as the Master of Ceremonies. The proceeds from this event support over 100 annual programs, projects, and initiatives, including the new Iranian Music degree program at UCLA's Herb Alpert School of Music and a partnership with the Getty Villa for the Persia: Ancient Iran and the Classical World exhibition. The organization currently employs a team of 3 individuals.
Official website here: www.farhang.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Farhang Foundation has earned a strong 95% rating from Charity Navigator, indicating high standards in accountability and finance. The foundation boasts a perfect score in leadership and adaptability, reflecting its effective governance and decision-making processes, supported by a fully independent board. Its financial health is commendable, with a program expense ratio of 73.88%, demonstrating a focus on its mission of promoting Iranian art and culture.
The organization prioritizes transparency, as evidenced by its comprehensive financial policies and procedures, including a thorough conflict of interest policy and effective whistleblower protections. Feedback collection and usage are at 100%, showcasing an organizational commitment to hearing from and responding to its community.
While overall metrics are impressive, the foundation does have a minor notation regarding loans to or from officers, which received a lower score. However, this does not significantly detract from its robust financial practices and community engagement efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Farhang Foundation legitimate?
Farhang Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farhang Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $202,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,690
For more financial information, click here
Official website here: www.farhang.org
What is the mission statement of Farhang Foundation?
The Farhang Foundation's mission is centered around celebrating and promoting Iranian art and culture for the benefit of the community at large. This non-profit organization strives to achieve this goal by hosting events, initiatives, and projects that showcase Iranian culture to a wider audience. An example of their efforts is the Historic New Iranian Music Degree Program at UCLA's Herb Alpert School of Music and their partnership with the Getty Villa for the Persia: Ancient Iran and the Classical World exhibition. These endeavors aim to preserve and share Iranian heritage, fostering understanding and appreciation of its rich culture.
Official website here: www.farhang.org
Who is the CEO of Farhang Foundation?
Alireza Ardekani is the Executive Director of Farhang Foundation.
Official website here: www.farhang.org
What is the revenue of Farhang Foundation?
Farhang Foundation's revenue in 2022 was $1,919,260.
Official website here: www.farhang.org
Who are the executives of Farhang Foundation and what are their salaries?
The average compensation at Farhang Foundation during 2022 was $125,730. There are 3 employees and 67 volunteers at Farhang Foundation.
Here are 17 key members and their salaries:
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Official website here: www.farhang.org
Where can I find the form 990 for Farhang Foundation?
Farhang Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.farhang.org
Learn more at the official website: www.farhang.org
Mission Statement of Farhang Foundation
Farhang Foundation, a nonprofit organization, is dedicated to celebrating and promoting Iranian art and culture for the benefit of the community at large. Its mission is to elevate the appreciation and understanding of Iranian heritage, fostering connections and cultivating a sense of unity among individuals who share an interest in this rich cultural heritage. The foundation achieves this goal through various programs, projects, and initiatives, including its annual fundraising gala events, which attract a large number of guests and sponsors. One such event took place on November 6, 2021, at the Historic Beverly Wilshire Hotel in Beverly Hills, featuring musical performances by talented artists and a master of ceremonies, the fabulous actress Tara.
Funds raised during these events support Farhang Foundation's extensive range of annual programs, such as the groundbreaking New Iranian Music Degree Program at UCLA's Herb Alpert School of Music. The organization also partners with renowned institutions like the Getty Villa to present exhibitions that showcase the historical and cultural significance of ancient Iran and its influence on the classical world. By engaging with the community and offering diverse cultural experiences, Farhang Foundation effectively realizes its mission to celebrate and promote Iranian art and culture, thereby enriching the lives of those who partake in these events and initiatives.
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Impact
October, 2024
Farhang Foundation has made a significant impact by celebrating and promoting Iranian art and culture, benefiting the broader community. Its initiatives foster a deeper understanding and appreciation of Iranian heritage through various programs and projects. For instance, the foundation's annual fundraising gala draws substantial attendance, illustrating a strong community interest in cultural engagement.
Among its key contributions, the foundation has established a historic Iranian music degree program at UCLA's Herb Alpert School of Music, enriching academic offerings and creating opportunities for the next generation of musicians. Additionally, its partnership with the Getty Villa for the "Persia: Ancient Iran and the Classical World" exhibition highlights the importance of preserving and showcasing Iranian history.
Through over 100 annual programs, Farhang Foundation enriches the cultural landscape, ensuring that Iranian art and festivities reach diverse audiences. This effort not only promotes cultural awareness but also fosters inclusivity and a sense of community among different demographics, ultimately enhancing the cultural fabric of Southern California and beyond.
This information is meant to be a general summary of Farhang Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,649
- Gross Receipts: $2,193,454
Assets and Liabilities:
- Total Assets: $2,310,744
- Total Liabilities: $256,539
- Net Assets: $2,054,205
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Organization Details
Founding Year
2007
Phone
(310) 666-1546Principal Officer
Alireza Ardekani
Main Address
222 MONTEREY ROAD 1606, GLENDALE, CA, 91206
Website
www.farhang.orgNTEE Category
Code: P84 - Human services
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