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Afeyan Foundation For Armenia Inc. is a private corporation based in CAMBRIDGE, MA. The foundation received its IRS ruling in 2020. The principal officer is % Noubar Afeyan. It holds total assets of $20.6M. Annual income is reported at $23.9M. The foundation operates in the area of international. According to available records, Afeyan Foundation For Armenia Inc. has made 13 grants totaling $5M, with a median grant of $325K. Annual giving has grown from $1.3M in 2022 to $3.7M in 2023. Individual grants have ranged from $150K to $1M, with an average award of $381K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in California and Massachusetts. Contributions to this foundation are tax-deductible.
Afeyan Foundation For Armenia Inc. primarily funds organizations in the area of international. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CA, MA.
Afeyan Foundation For Armenia Inc. has distributed a total of $5M across 13 grants. The median grant size is $325K, with an average of $381K. Individual grants have ranged from $150K to $1M.
Afeyan Foundation For Armenia Inc. typically selects its grantees rather than accepting unsolicited proposals.
Afeyan Foundation For Armenia Inc. is headquartered in CAMBRIDGE, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Noubar B Afeyan | PRESIDENT | $0 | $0 | $0 |
Total Giving
$3.7M
Total Assets
$17.7M
Fair Market Value
$23.9M
Net Worth
$17.7M
Grants Paid
$3.7M
Contributions
$1M
Net Investment Income
$4.3M
Distribution Amount
$1.1M
Total Grants
13
Total Giving
$5M
Average Grant
$381K
Median Grant
$325K
Unique Recipients
11
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Idea Charitable FoundationTO SUPPORT THE CHARITABLE PROJECT OF CONSTRUCTION OF THE CHURCH IN DILIJAN | Yerevan | $1M | 2023 |
| Henar Charitable FoundationTO FOSTER THE DEVELOPMENT OF PRIMARY CARE AS THE FIRST POINT OF CONTACT TO ENSURE ACCESSIBILITY AND QUALITY OF CARE, WELLNESS AND HEALTHY LIVING | Yerevan | $525K | 2023 |
| Armenia Fund Inc - Aurora Humanitarian Initiative FoundationSUPPORT THE PEOPLE OF ARMENIA | Glendale, CA | $516K | 2023 |
| The Future Armenian DevelopmentTO IMPROVE AND EXPAND THE MECHANISM OF THE FUTURE ARMENIAN ASSEMBLIES WITH A VIEW TO HELD OR SUPPORT CITIZEN ASSEMBLIES IN DIASPORA AND ARMENIAN COMMUNITIES, OTHER REGIONAL FORUMS, AND SIMILAR PROJECTS FOR STRENGTHENING AND REVITALIZING DIASPORA COMMUNITIES | Yerevan | $400K | 2023 |
| Uwc Dilijan International School In Armenia (Armand Hammer United)TO SUPPORT EDUCATION IN ARMENIA |
| Dilijan |
| $325K |
| 2023 |
| Armenia 2041 Charity FoundationTO SUPPORT THE PROJECT FOR STRENGTHENING AND REVITALIZING DIASPORA COMMUNITIES AND ADMINISTRATIVE EXPENDITURES | Yerevan | $270K | 2023 |
| Armenian Spiritual Revival FoundationTO FOSTER THE DEVELOPMENT OF MENTAL HEALTH CARE SERVICES PROVIDED TO THE ARMENIAN POPULATION | Yerevan | $240K | 2023 |
| Sardarapat Football ClubTO SUPPORT THE DESIGN AND IMPLEMENTATION OF THE PROJECTS THAT IMPROVING THE LIVING AND EDUCATIONAL CONDITIONS OF THE CHILDREN IN ARMENIA, THROUGH INNOVATIVE PROGRAMMES CENTRED AROUND SPORT, AND FOOTBALL IN PARTICULAR | Armavir | $220K | 2023 |
| Friends Of FastDEVELOPMENT OF SCIENCE AND TECHNOLOGY IN ARMENIA, AND THEREBY ENHANCING THE COMPETITIVENESS OF ARMENIA. THE FOUNDATION FOR ARMENIAN SCIENCE AND TECHNOLOGY (FAST) IS A NON-PROFIT ORGANIZATION ESTABLISHED IN 2017 WITH THE MISSION TO BUILD AN ECOSYSTEM THAT DRIVES TECHNOLOGICAL INNOVATION AND SCIENTIFIC ADVANCEMENT IN ARMENIA AND BEYOND. IT HAS US CERTIFIED PUBLIC CHARITY STATUS BY NGOSOURCE, A PROJECT OF COUNCIL ON FOUNDATIONS, AND TECHSOUP. | Glendale, CA | $160K | 2023 |
| Foundation For Armenian Science And Technology (Fast)DEVELOPMENT OF SCIENCE AND TECHNOLOGY IN ARMENIA, AND THEREBY ENHANCING THE COMPETITIVENESS OF ARMENIA. THE FOUNDATION FOR ARMENIAN SCIENCE AND TECHNOLOGY (FAST) IS A NON-PROFIT ORGANIZATION ESTABLISHED IN 2017 WITH THE MISSION TO BUILD AN ECOSYSTEM THAT DRIVES TECHNOLOGICAL INNOVATION AND SCIENTIFIC ADVANCEMENT IN ARMENIA AND BEYOND. IT HAS US CERTIFIED PUBLIC CHARITY STATUS BY NGOSOURCE, A PROJECT OF COUNCIL ON FOUNDATIONS, AND TECHSOUP. | Yerevan | $500K | 2022 |
| Armenia 2020 IncTO SUPPORT ARMENIA 2041 | Winchester, MA | $150K | 2022 |
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