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Daniel And Ludmila Sahakian Foundation is a private corporation based in STATE COLLEGE, PA. The foundation received its IRS ruling in 2021. The principal officer is Daniel D Sahakian. It holds total assets of $842K. Annual income is reported at $219K. The foundation is governed by 4 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 2020 to 2023. According to available records, Daniel And Ludmila Sahakian Foundation has made 24 grants totaling $443K, with a median grant of $10K. The foundation has distributed between $107K and $220K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $220K distributed across 12 grants. Individual grants have ranged from $5K to $60K, with an average award of $18K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, California, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. 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.
Daniel And Ludmila Sahakian Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, CA, DC.
Daniel And Ludmila Sahakian Foundation has distributed a total of $443K across 24 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $5K to $60K.
Daniel And Ludmila Sahakian Foundation typically selects its grantees rather than accepting unsolicited proposals.
Daniel And Ludmila Sahakian Foundation is headquartered in STATE COLLEGE, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ludmila K Sahakian | TRUSTEE | $0 | $0 | N/A |
| Alexander D Sahakian | TRUSTEE | $0 | $0 | N/A |
| Armen D Sahakian | TRUSTEE | $0 | $0 | N/A |
| Daniel D Sahakian | TRUSTEE | $0 | $0 | N/A |
Total Giving
$115K
Total Assets
$801K
Fair Market Value
$801K
Net Worth
$801K
Grants Paid
$107K
Contributions
N/A
Net Investment Income
$40K
Distribution Amount
$42K
Total: $330K
Total Grants
24
Total Giving
$443K
Average Grant
$18K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children Of Armenia FundEDUCATION OF CHILDREN IN ARMENIAN VILLAGES | New York, NY | $60K | 2023 |
| Armenian Educational FoundationEDUCATIONAL SCHOLARSHIPS AND RENOVATION OF SCHOOLS FOR ARMENIAN YOUTH | Glendale, CA | $27K | 2023 |
| American University Of ArmeniaDANIEL & LUDMILA SAHAKIAN ENDOWED SCHOLARSHIP FOR VETERANS AND STUDENTS OF THE AUA | Glendale, CA | $10K | 2023 |
| Armenian General Benevelont UnionSUPPORT OF AGBU PROGRAMS IN EDUCATION AND HUMANITARIAN RELIEF | New York, NY | $10K | 2023 |
| Research On Armenian ArchitectureRAA BUILDING FUND FOR NEW OFFICE FOR RESEARCHERS AND WORKFORCE IN ARMENIA | Tujunga, CA | $20K | 2022 |
| Armenian Assembly Of AmericaRAISE AWARENESS OF ARMENIAN ISSUES | Washington, DC | $6K | 2021 |
| National Association For Armenian Studies And ResearchARMENIAN HISTORY/CULTURE STUDIES | Belmont, MA | $5K | 2021 |
| Anca Endowment FundSUPPORT FOR SAFE RETURN OF ARMENIAN REFUGEES FROM ARTSASH CONFLICT | Washington, DC | $5K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA