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Edward & Helen Mardigian Foundation is a private corporation based in BLOOMFIELD HILLS, MI. The foundation received its IRS ruling in 1956. The principal officer is Comerica Bank Agent. It holds total assets of $40.7M. Annual income is reported at $14.6M. Total assets have grown from $13.4M in 2011 to $43.1M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Michigan and New York. According to available records, Edward & Helen Mardigian Foundation has made 107 grants totaling $10.1M, with a median grant of $6K. The foundation has distributed between $2.1M and $3.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.3M distributed across 26 grants. Individual grants have ranged from $1K to $1.4M, with an average award of $94K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in New York, Michigan, Minnesota, which account for 90% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$69K
Largest Grant
$1.3M
Based on 30 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.
Edward & Helen Mardigian Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 107 grants. Its grantmaking reaches organizations primarily in NY, MI, MN.
Edward & Helen Mardigian Foundation has distributed a total of $10.1M across 107 grants. The median grant size is $6K, with an average of $94K. Individual grants have ranged from $1K to $1.4M.
All charitable, educational, religious, scientific and public welfare organization's located within the united states are eligible.
Edward & Helen Mardigian Foundation is headquartered in BLOOMFIELD HILLS, MI. While based in MI, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Grant Mardigian | Secretary | $0 | $0 | N/A |
| Matthew Mardigian | Treasurer | $0 | $0 | N/A |
| Janet Mardigian | Vice President | $0 | $0 | N/A |
| Edward Mardigian | President | $0 | $0 | N/A |
Total Giving
$2.5M
Total Assets
$43.1M
Fair Market Value
$46.9M
Net Worth
$43.1M
Grants Paid
$2.2M
Contributions
N/A
Net Investment Income
$31.7M
Distribution Amount
$1.7M
Total: $42.5M
Total Grants
107
Total Giving
$10.1M
Average Grant
$94K
Median Grant
$6K
Unique Recipients
40
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fund For Armenian ReliefSUPPORT OF DAILY OPERATIONS | New York, NY | $1.4M | 2023 |
| Michigan Animal Rescue LeagueGENERAL DONATION | Pontiac, MI | $350K | 2023 |
| Eastern Diocese Of The Armenian EasGENERAL DONATION | New York, NY | $100K | 2023 |
| Mayo ClinicGENERAL DONATION | Rochester, MN | $100K | 2023 |
| Armenian General BenevolentGENERAL DONATION | Bloomfield Hills, MI | $62K | 2023 |
| Armenian Apostolic SocietyGENERAL DONATION | Southfield, MI | $38K | 2023 |
| Gift Of Life Transplant HouseGENERAL DONATION | Rochester, MN | $35K | 2023 |
| St Johns Armenian ChurchGENERAL DONATION | Southfield, MI | $22K | 2023 |
| Fuller Center For HousingGENERAL DONATION | West Bloomfield, MI | $20K | 2023 |
| Detroit Zoological SocietyGENERAL DONATION | Royal Oak, MI | $20K | 2023 |
| Children Of Armenia Fund IncGENERAL DONATION | New York, NY | $15K | 2023 |
| St Nersess Armenian SeminaryGENERAL DONATION | New Rochelle, NY | $15K | 2023 |
| Child Safe MichiganGENERAL DONATION | Royal Oak, MI | $10K | 2023 |
| Ntl Assoc For Arm Studies ResearchGENERAL DONATION | Belmont, MA | $10K | 2023 |
| Knights Of The Vartan IncGENERAL DONATION | Birmingham, MI | $5K | 2023 |
| Armenian Eye Care ProjectGENERAL DONATION | San Dimas, CA | $5K | 2023 |
| Little Traverse Bay Humane SocietyGENERAL DONATION | Harbor Springs, MI | $5K | 2023 |
| Forgotten HarvestGENERAL DONATION | Oak Park, MI | $5K | 2023 |
| Michigan Humane SocietyGENERAL DONATION | Bingham Farms, MI | $5K | 2023 |
| Paws With A CauseGENERAL DONATION | Wayland, MI | $3K | 2023 |
| Tip Of The Mitt Watershed CouncilGENERAL DONATION | Petoskey, MI | $3K | 2023 |
| Armenian Tree ProjectGENERAL DONATION | Woburn, MA | $3K | 2023 |
| Boys And Girls Club Of TroyGENERAL DONATION | Troy, MI | $2K | 2023 |
| Walloon Lake AssociationGENERAL DONATION | Petoskey, MI | $2K | 2023 |
| Little Traverse ConservancyGENERAL DONATION | Harbor Springs, MI | $1K | 2023 |
| Eastern Diocese Of The Arm Eastern-SUPPORT OF DAILY OPERATIONS | New York, NY | $1M | 2022 |
| Unverisity Of MichiganSUPPORT DAILY OPERATIONS | Ann Arbor, MI | $500K | 2022 |
| National Association For ArmenianSUPPORT OF DAILY OPERATIONS | Belmont, MA | $10K | 2022 |
| Make A Wish Foundation Of MichiganSUPPORT OF DAILY OPERATIONS | Brighton, MI | $6K | 2022 |
| Leader Dogs For The BlindSUPPORT OF DAILY OPERATIONS | Rochester Hills, MI | $3K | 2022 |
| Armenian Church Of The Holy TranslatorsACHT GOLD TOURNAMENT | Framingham, MA | $2K | 2022 |
| Armenian Missionary Association OfSUPPORT DAILY OPERATIONS | Paramus, NJ | $1K | 2022 |
| Walloon Lake Trust And ConservancySUPPORT OF DAILY OPERATIONS | Petoskey, MI | $1K | 2022 |