Iran-based charitable foundation controlled by Iranian Supreme Leader Ali Khamenei and responsible for overseeing the Imam Reza Shrine in Mashhad, Iran; has reportedly invested in the production of materials for use in ballistic missile propellant.

According to the U.S. Department of the Treasury, controls large portions of the Iranian economy, including assets expropriated from political dissidents and religious minorities, to the benefit of Khamenei and other senior Iranian officials; has holdings in agriculture, automotive manufacturing, construction, energy, financial services, logistics, mining, telecommunications, and tile manufacturing; reportedly owns over $20 billion in land holdings in Iran.

Between 2008 and 2013, according to Iranian state-owned media, financed a project by experts from Sharif University of Technology (SUT) to develop Iran's first domestic production line for aluminum powder, a substance controlled under the Missile Technology Control Regime (MTCR) for its potential use in liquid and solid propellants for missiles.

According to the U.S. Department of the Treasury, subordinate organizations include:

• Iran Combine Manufacturing Co.
• Quds Razavi Housing and Construction Co.
• Quds Razavi Mines Co.
• Quds Razavi Traditional Tile Co.
• Razavi Brokerage Firm
• Razavi Economic Organization
• Razavi Oil and Gas Development Co.
• Razavi Supply Chain Management Co.
• Shahab Khodro Co.

Other affiliated companies reportedly have included:

• Ghods Niroo Engineering Company
• Mahab Ghods Engineering Consultancy Company
• MAPNA Group
• Razavi International Construction Company
• SABA Water and Power Industries Investment Company

In 2018, concluded a memorandum of understanding on culture and sports with Iran-based al-Mustafa International University, which according to the U.S. Department of the Treasury has assisted the Islamic Revolutionary Guards Corps (IRGC) Quds Force with recruitment and the collection of intelligence; in 2016, became host to a unit of the Basij Resistance Force, a paramilitary organization subordinate to the IRGC; in 2022, signed a memorandum of understanding on Islamic art with the Academic Center for Education, Culture, and Research (ACECR).

Sent a delegation to Syria that included representatives of Khamenei and the IRGC Quds Force; reportedly sent its grand custodian to meet with Hezbollah leader Hassan Nasrallah in Lebanon.

Has hosted scientific delegations from Iraq and Lebanon and honored Iranian-aligned militants from Bahrain, Iraq, Lebanon, Palestine, Syria, and Yemen; has operated a representative office in Lebanon since 1993.

Chief custodian is Ahmad Marvi; other officials include Mohammad Mehdi Baradaran (managing director), Hassan Rangraz Jeddi (head of chief custodian's office), Abdolhamid Talebi (deputy head of chief custodian's office and advisor to chief custodian), Mohammad Reza Mokhber Dezfuli (advisor to the chief custodian), and Reza Khorakian (advisor to chief custodian); Parviz Fattah has been a trustee of the Endowment Steering Council.

Former officials include:

• Ebrahim Raisi (chief custodian), the current president of Iran
• Seyyed Solat Mortazavi (director of Tehran branch), the current vice president of Iran for executive affairs
• Mohammad Mehdi Tehranchi (science deputy), who served as a project supervisor under the Amad Plan, a pre-2004 Iranian program to develop nuclear weapons

Sanctions

Added on January 13, 2021, to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13876, which targets the Supreme Leader of Iran, the Supreme Leader's Office, and their affiliates; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.