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Also known as: ZAKARIAN CHARITABLE FOUNDATION
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Asbed B Zakarian & Margaret Zakarian Charitable Foundation is a private corporation based in MEREDITH, NH. The foundation received its IRS ruling in 2003. The principal officer is Aaf. It holds total assets of $2.9M. Annual income is reported at $1.3M. Total assets have grown from $616K in 2011 to $2.9M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Massachusetts, New York and Connecticut. According to available records, Asbed B Zakarian & Margaret Zakarian Charitable Foundation has made 16 grants totaling $389K, with a median grant of $6K. Annual giving has decreased from $250K in 2022 to $140K in 2023. Individual grants have ranged from $1K to $130K, with an average award of $24K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, District of Columbia, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$6K
Average Grant
$13K
Largest Grant
$49K
Based on 7 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.
Asbed B Zakarian & Margaret Zakarian Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MA, NY, DC.
Asbed B Zakarian & Margaret Zakarian Charitable Foundation has distributed a total of $389K across 16 grants. The median grant size is $6K, with an average of $24K. Individual grants have ranged from $1K to $130K.
Asbed B Zakarian & Margaret Zakarian Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Asbed B Zakarian & Margaret Zakarian Charitable Foundation is headquartered in MEREDITH, NH. While based in NH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Herbert S Alexander | TRUSTEE | $0 | $0 | N/A |
| Edward Atamian | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.9M
Fair Market Value
N/A
Net Worth
$2.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$389K
Average Grant
$24K
Median Grant
$6K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Diocese Of The Armenian Church Of America (Eastern)CONTINUED SUPPORT OF ARMENIAN CAUSES. | New York, NY | $114K | 2023 |
| Armenian Tree ProjectCONTINUED SUPPORT OF ARMENIAN CAUSES. | Woburn, MA | $10K | 2023 |
| Armenian Church Of Our SaviorTO SUPPORT THE CHURCH'S NONPROFIT RELIGIOUS MISSION. | Worcester, MA | $6K | 2023 |
| Tca Friends Of The ArmenianCONTINUED SUPPORT OF ARMENIAN CAUSES. | Watertown, MA | $5K | 2023 |
| Armenian Church Of The Holy AscensionCONTINUED SUPPORT OF ARMENIAN CAUSES. | Trumbull, CT | $3K | 2023 |
| Holy Trinity Armenian Church Of Greater BostonCONTINUED SUPPORT OF ARMENIAN CAUSES. | Cambridge, MA | $2K | 2023 |
| Armenian Heritage ParkCONTINUED SUPPORT OF ARMENIAN CAUSES. | Boston, MA | $50K | 2022 |
| Armenian Museum Of AmericaCONTINUED SUPPORT OF ARMENIAN CAUSES. | Watertown, MA | $20K | 2022 |
| Armenian Assembly Of AmericaCONTINUED SUPPORT OF ARMENIAN CAUSES. | Washington, DC | $15K | 2022 |
| Fund For Armenian ReliefCONTINUED SUPPORT OF ARMENIAN CAUSES. | New York, NY | $2K | 2022 |
| Council Of Armenian ExecutivesCONTINUED SUPPORT OF ARMENIAN CAUSES. | Belmont, MA | $1K | 2022 |