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Bvs Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2016. The principal officer is % Foundation Source. It holds total assets of $505K. Annual income is reported at $137K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bvs Family Foundation has made 3 grants totaling $40K, with a median grant of $10K. Annual giving has decreased from $25K in 2020 to $15K in 2023. Individual grants have ranged from $5K to $25K, with an average award of $13K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Bvs Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Bvs Family Foundation has distributed a total of $40K across 3 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $5K to $25K.
Bvs Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bvs Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Berge Setrakian | Pres, Dir, Sec, Treas | $0 | $0 | $0 |
Total Giving
$26K
Total Assets
$504K
Fair Market Value
$500K
Net Worth
$504K
Grants Paid
$15K
Contributions
$20K
Net Investment Income
$23K
Distribution Amount
$23K
Total Grants
3
Total Giving
$40K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian General Benevolent UnionGeneral Purpose Grant | New York, NY | $10K | 2023 |
| Beiteddine Art FestivalGeneral & Unrestricted | Beirut | $5K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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