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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. Total assets have grown from $210K in 2015 to $504K in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. 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.
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.
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 | N/A |
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
$25K
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 |