Cafesjian Family Foundation Inc. is a private corporation based in SHOREVIEW, MN. The foundation received its IRS ruling in 2016. The principal officer is % Kathleen Baradaran. It holds total assets of $55.5M. Annual income is reported at $12.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cafesjian Family Foundation Inc. has made 10 grants totaling $22.2M, with a median grant of $1.5M. Annual giving has grown from $520K in 2021 to $1.7M in 2023. Grantmaking activity was highest in 2022 with $20M distributed across 6 grants. Individual grants have ranged from $3K to $5M, with an average award of $2.2M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
Cafesjian Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MN.
Cafesjian Family Foundation Inc. has distributed a total of $22.2M across 10 grants. The median grant size is $1.5M, with an average of $2.2M. Individual grants have ranged from $3K to $5M.
Cafesjian Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cafesjian Family Foundation Inc. is headquartered in SHOREVIEW, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Phil Oman | TREASURER | $51K | $11K | $62K |
| Kathleen Baradaran | CHAIRPERSON, PRESIDENT & SECRETARY | $48K | $6K | $54K |
| Jaffar Baradaran | DIRECTOR | $0 | $0 | $0 |
| Thomas Cafesjian | DIRECTOR | $0 | $0 | $0 |
| Carrie J Martinson | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2M
Total Assets
$55.4M
Fair Market Value
$55.4M
Net Worth
$55.4M
Grants Paid
$1.7M
Contributions
$0
Net Investment Income
$783K
Distribution Amount
$1.7M
Total: $34.1M
Total Grants
10
Total Giving
$22.2M
Average Grant
$2.2M
Median Grant
$1.5M
Unique Recipients
4
Most Common Grant
$1.4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cafesjian Art TrustGENERAL SUPPORT | Shoreview, MN | $5M | 2022 |
| Cmf Armenia (The Cafesjian Center For The Arts)GENERAL OPERATING EXPENSES | — | $1.7M | 2023 |
| Our Fair Carousel IncGENERAL OPERATING EXPENSES | St Paul, MN | $3K | 2023 |
| St Sahag Armenian ChurchFELLOWSHIP HALL REMODELING | St Paul, MN | $20K | 2021 |
| 2018 | 990PF | View |
| 2016 | 990PF | View |
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