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H G Barsumian Md Memorial Fund is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1999. The principal officer is John W Metzger. It holds total assets of $2.6M. Annual income is reported at $424K. The foundation is governed by 2 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 2018 to 2023. The foundation primarily funds organizations in Pennsylvania, Maryland and Colorado. According to available records, H G Barsumian Md Memorial Fund has made 3 grants totaling $165K, with a median grant of $30K. Individual grants have ranged from $10K to $125K, with an average award of $55K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$50K
Average Grant
$46K
Largest Grant
$68K
Based on 3 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.
H G Barsumian Md Memorial Fund 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 PA.
H G Barsumian Md Memorial Fund has distributed a total of $165K across 3 grants. The median grant size is $30K, with an average of $55K. Individual grants have ranged from $10K to $125K.
H G Barsumian Md Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
H G Barsumian Md Memorial Fund is headquartered in SAINT LOUIS, MO. The foundation primarily funds organizations in Pennsylvania, Maryland, Colorado.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $42K | $0 | $42K |
| John S May | CO-TRUSTEE | $4K | $0 | $4K |
Total Giving
$183K
Total Assets
$2.6M
Fair Market Value
$3.2M
Net Worth
$2.6M
Grants Paid
$135K
Contributions
N/A
Net Investment Income
$73K
Distribution Amount
$147K
Total Grants
3
Total Giving
$165K
Average Grant
$55K
Median Grant
$30K
Unique Recipients
3
Most Common Grant
$125K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pennsylvania State UniversityGENERAL OPERATING | University Park, PA | $125K | 2022 |
| Institute For Cancer ResearchGENERAL OPERATING | Philadelphia, PA | $30K | 2022 |
| Nccn FoundationGENERAL OPERATING | Plymouth Mtng, PA | $10K | 2022 |