Private Foundation

INOVENT FOUNDATION FORMERLY JALALI FAMILY FOUNDATION

Based in NEWPORT BEACH, CA, INOVENT FOUNDATION FORMERLY JALALI FAMILY FOUNDATION operates as a Private Foundation. The organization reported $464K in revenue, $75K in expenses, $1.3M in total assets for fiscal year 2024. Imperigo tracks 70 reported grants from this foundation totaling approximately $1.6M.

EIN: 260729549 NEWPORT BEACH, CA Latest filing: 2024

Total Revenue$464K

Total Expenses$75K

Total Assets$1.3M

Grants Given70

Grant Total$1.6M

Filing Years2019–2024

Sample Grants Given

FARHANG FOUNDATION

LOS ANGELES, CA · 2024

GENERAL OPERATIONS

$18,000

LA PHILHARMONIC

LOS ANGELES, CA · 2024

GENERAL OPERATIONS

$15,000

COLUMBIA UNIVERSITY

NEW YORK, NY · 2024

GENERAL OPERATIONS

$15,000

COLUMBIA UNIVERSITY

NEW YORK, NY · 2024

GENERAL OPERATIONS

$5,000

PASADENA CITY COLLEGE FOUNDATION

PASADENA, CA · 2024

GENERAL OPERATIONS

$3,500

Showing up to 5 of 70 total records — full history available with membership.

Officers & Directors

PRESIDENT Bahram Jalali

CHIEF FINANCIAL OFFICER Darren Youngman

SECRETARY Mojgan Raygan

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATIONS

$1,438,532 65 grants

JALALI TRANSLATION FELLOWS FUND

$100,000 1 grant

CAPITAL CAMPAIGN

$50,000 1 grant

ANNUAL FUNDRAISER

$15,000 1 grant

ENGINEERING SCHOOL ANNUAL FUND GIFT

$5,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$464K	$75K	$1.3M
2023	$48K	$288K	$1.1M
2022	$169K	$567K	$1.3M
2020	$488K	$227K	$1.4M
2019	$793K	$175K	$1.4M

Between 2019 and 2024, reported annual revenue declined from $793K to $464K (-41%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, DC, MA, NE, NJ, and 1 other state.

AZCADCMANENJNY

Full geographic grant map with state-by-state breakdown available with membership.

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