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Alan K And Isabelle Derkazarian Foundation is a private corporation based in BELMONT, MA. The foundation received its IRS ruling in 2006. The principal officer is Alan And Isabelle Derkazarian. It holds total assets of $1.4M. Annual income is reported at $491K. Total assets have grown from $602K in 2011 to $1.3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Alan K And Isabelle Derkazarian Foundation has made 111 grants totaling $775K, with a median grant of $3K. Annual giving has grown from $202K in 2021 to $573K in 2022. Individual grants have ranged from $1K to $65K, with an average award of $7K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Virginia, which account for 90% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$35K
Based on 37 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alan K And Isabelle Derkazarian Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 111 grants. Its grantmaking reaches organizations primarily in MA, NY, VA.
Alan K And Isabelle Derkazarian Foundation has distributed a total of $775K across 111 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $1K to $65K.
The application deadline is November 30 of the current year. To be determined on a case by case basis.
Alan K And Isabelle Derkazarian Foundation is headquartered in BELMONT, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan H Derkazarian | Trustee | $12K | $0 | $12K |
| Susan Derkazarian | Trustee | $0 | $0 | N/A |
| Mark C Derkazarian | Trustee | $0 | $0 | N/A |
| Isabelle Derkazarian | Trustee | $0 | $0 | N/A |
Total Giving
$253K
Total Assets
$1.3M
Fair Market Value
$8.6M
Net Worth
$1.3M
Grants Paid
$210K
Contributions
$249K
Net Investment Income
$202K
Distribution Amount
$355K
Total: $1.2M
Total Grants
111
Total Giving
$775K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
44
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian Intl Dental AssociationUnrestricted | Brookline, MA | $65K | 2022 |
| Belmont Public LibraryUnrestricted | Belmont, MA | $50K | 2022 |
| St James Armenian Apostolic ChurchTo help fund acquisition of Watertown Library property adjacent to the Church's property. | Watertown, MA | $50K | 2022 |
| Beth Israel Deaconess HospitalBIDMC Campus Transformation Fund | Boston, MA | $16K | 2022 |
| Mds Foundation IncUnrestricted | Southborough, MA | $9K | 2022 |
| Natl Assn For Armenian Studies AndUnrestricted | Belmont, MA | $9K | 2022 |
| The College Light Opera CompanyUnrestricted | Falmouth, MA | $5K | 2022 |
| Falmouth CommodoresUnrestricted | Falmouth, MA | $5K | 2022 |
| Project Save ArchivesUnrestricted | Watertown, MA | $5K | 2022 |
| Friends Of Mt Auburn CemeteryUnrestricted | Cambridge, MA | $5K | 2022 |
| Dana Farber Cancer InstituteUnrestricted | Boston, MA | $5K | 2022 |
| Belmont Hill SchoolAnnual Fund | Belmont, MA | $5K | 2022 |
| Ma Audobon SocietyUnrestricted | Lincoln, MA | $5K | 2022 |
| Boston Childrens HospitalEvery Child Fund | Boston, MA | $5K | 2022 |
| Mount Auburn HospitalUnrestricted | Cambridge, MA | $5K | 2022 |
| Union CollegeUnrestricted | Schnectady, NY | $5K | 2022 |
| Ma General Hospital FundThe MGH Fund | Boston, MA | $4K | 2022 |
| Cradles To CrayonsAnnual Ready for Learning Initiative ($2,200) and Gear Up for Winter Initiative ($1,038) | Newton, MA | $3K | 2022 |
| Belmont BoostersUnrestricted | Belmont, MA | $3K | 2022 |
| The Salvation ArmyUnrestricted | Alexandria, VA | $3K | 2022 |
| Belmont After School Enrichment ColUnrestricted | Belmont, MA | $3K | 2022 |
| Cherney Middle School PtoUnrestricted | Belmont, MA | $3K | 2022 |
| Belmont Food PantryUnrestricted | Belmont, MA | $3K | 2022 |
| Foundation For Belmont EducationUnrestricted | Belmont, MA | $2K | 2022 |
| Armenian Museum Of AmericaUnrestricted | Watertown, MA | $2K | 2022 |