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· Private foundation

Hassan Mahvash & Farzad Milani Charitable Trust

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$250k
Granted FY2025still arriving
2
Grants FY2025still arriving
2
States reached
$150k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Health$944kInternational$731kEducation$34kArts & Culture$7kFood & Nutrition$7k
02FY2025 · 2 grants

Where the money goes

Grants by size, and the largest recipients.

$150,000
Median grant
2
States reached
$7.4M
Total assets
Largest grants
RecipientAmount
City of Hope$150,000
Mercy Ships$100,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–17, $7k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%FARHANG FOUNDATION: $7k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

88%of every dollar goes to organizations it has funded before.
$1.5M · 4 repeat orgs$195k to everyone else

Grantees it renews have grown median revenue +136% since the first grant, against +12% for those funded once.

4 repeat relationships: 2 still active in FY2025, 2 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

4
8

Total granted

$1.5M
$195k

Median revenue growth · since first grant

+136%
+12%

Still filing today

50%
63%

New vs renewed · share of each year

In FY2025, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
InternationalHealthHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • Mercy Ships International
    7× · 2019–2025 · $680k · revenue +136%
  • CO
    City of Hope
    2× · 2024–2025 · $354k
  • MS
    MERCY SHIPS
    2× · 2017–2018 · $330k

Funded once

  • IS
    INTERNATIONAL SOCIETY FOR CHILDREN WITH CANCER
    one grant, 2020 · $53k · revenue -9%
  • DH
    DEBORAH HOSPITAL FOUNDATION
    one grant, 2019 · $48k · revenue -68%
  • OS
    OPERATION SMILE INC
    one grant, 2020 · $30k · revenue +14%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Children's Hospital & Research Center At Oakland

The mission of children's hospital & research center at oakland is to protect and advance the health and well-being of children through clinical care, teaching and research.

Health
2
Gift of Life International Inc

To further the cause of world peace and understanding by facilitating free medical services, primarily to children suffering from heart defects and other similar or allied illnesses regardless of race, gender, creed, or national origin,…

Health
3
University of Southern California

The central mission of the university of southern california is the development of human beings and society as a whole through the cultivation and enrichment of the human mind and spirit. the principal means by which our mission is…

Education
4
One World Surgery

One world surgery's mission is to ignite the spirit of service and transform lives by providing access to high-quality surgical care globally.

International
5
Children's Surgery International

Children's surgery international (csi) provides free pediatric medical and surgical services, along with professional education and training to communities in need around the world.

Health
6
Partners in Health a Nonprofit Corporation

Partners In Health (PIH) is a non-profit, global health organization that fights social injustice by bringing the benefits of modern medical science first and foremost to the most vulnerable communities worldwide. In Haiti, Malawi, Rwanda,…

Health
7
University of Minnesota Physicians

University of minnesota physicians serves as the integrated group practice for the university of minnesota medical school full-time faculty to provide the highest quality healthcare to patients and their families.university of minnesota…

Health
8
The Children's Hospital of Philadelphia

The children's hospital of philadelphia, the oldest hospital in the united states dedicated exclusively to pediatrics, strives to be the world leader in the advancement of health care for children by integrating excellent patient care,…

Health
9
New York University

Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes. nyu's primary missions are education, research and scholarship, and patient care.

Education
10
Management Sciences for Health Inc

(msh) saves lives and improves the health of the world's poorest (see schedule o) and most vulnerable people by closing the gap between knowledge and action in public health.

International
11
East Tennessee Children's Hospital Association Inc

East tennessee children's hospital is a free-standing, independent, not-for-profit pediatric health care system which serves the east tennessee region. children's hospital is certified by the state of tennessee as a comprehensive regional…

Health
12
Shriners Hospitals for Children

Shriners children's is committed to compassionate, high-quality care that improves children's lives, in a family-centered and collaborative environment. (continued on schedule o)

Health
How this is measured
The grantee most central to the portfolio’s shape is Deborah Hospital Foundation; the most unlike its peers is Tree of Life Usa Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

8 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 8 of the 13 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
8/8
Grantees still filing
6/8
Grew since first funded

Where the money sits, by cause and then by grantee

Mercy Ships International: $680,074 · InternationalMercy Ships InternationalWORLD PEDIATRICS: $130,000 · InternationalWORLD PEDIATRICSOPERATION SMILE INC: $30,000 · International+1 more: $2,500 · InternationalCity of Hope: $354,074 · OtherCity of HopeMERCY SHIPS: $329,722 · OtherMERCY SHIPSISCC: $25,000 · Other+2 more: $29,000 · OtherINTERNATIONAL SOCIETY FOR CHILDREN WITH CANCER: $53,465 · HealthDEBORAH HOSPITAL FOUNDATION: $48,000 · HealthLOMA LINDA UNIVERSITY: $34,000 · EducationFARHANG FOUNDATION: $7,000 · Human Services
International$842,574Other$737,796Health$101,465Education$34,000Human Services$7,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetMercy Ships International: $680,074 over 7y, 0.1% of budgetWORLD PEDIATRICS: $130,000 over 2y, 1.7% of budgetINTERNATIONAL SOCIETY FOR CHILDREN WITH CANCER: $53,465 over 1y, 3.4% of budgetDEBORAH HOSPITAL FOUNDATION: $48,000 over 1y, 0.3% of budgetLOMA LINDA UNIVERSITY: $34,000 over 1y, 0.0% of budgetOPERATION SMILE INC: $30,000 over 1y, 0.0% of budgetFARHANG FOUNDATION: $7,000 over 1y, 0.3% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

How much its grantees rely on government

Each dot is one organization Hassan Mahvash & Farzad Milani Charitable Trust funds: left to right is the share of its income from government, bottom to top the share from Hassan Mahvash & Farzad Milani Charitable Trust. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 13 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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