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Gabrellian Family Foundation Inc. is a private corporation based in FRANKLIN LKS, NJ. The foundation received its IRS ruling in 2008. The principal officer is % Gabrellian Associates. It holds total assets of $2.6M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Gabrellian Family Foundation Inc. has made 3 grants totaling $413K, with a median grant of $10K. Annual giving has grown from $13K in 2022 to $400K in 2023. Individual grants have ranged from $3K to $400K, with an average award of $138K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Gabrellian Family Foundation Inc. 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.
Gabrellian Family Foundation Inc. has distributed a total of $413K across 3 grants. The median grant size is $10K, with an average of $138K. Individual grants have ranged from $3K to $400K.
GRANTS ARE INTENDED FOR CHARITBALE PURPOSES WITHIN THE MEANING OF CODE SECTION 501(1)(C)(3) OF THE INTERNAL REVENUE CODE.
Gabrellian Family Foundation Inc. is headquartered in FRANKLIN LKS, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Gabrellian | PRESIDENT | $0 | $0 | $0 |
| Ani Gabrellian | VICE-PRESIDENT | $0 | $0 | $0 |
Total Giving
$422K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$400K
Contributions
$0
Net Investment Income
$21K
Distribution Amount
$87K
Total: $1.5M
Total Grants
3
Total Giving
$413K
Average Grant
$138K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of RochesterARTS, SCIENCES & ENGINEERING. | Rochester, NY | $400K | 2023 |
| Cornell UniversityANNUAL FUND | Ithaca, NY | $10K | 2022 |
| Bard Graduate CenterANNUAL FUND | New York, NY | $3K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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