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Also known as: FOUNDATION INC
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Harry & Suzanne Toufayan Foundation Inc. is a private corporation based in ORLANDO, FL. The foundation received its IRS ruling in 2010. It holds total assets of $8.8M. Annual income is reported at $7.1M. Total assets have grown from $4M in 2011 to $7.5M in 2023. The foundation is governed by 5 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 2015 to 2023. According to available records, Harry & Suzanne Toufayan Foundation Inc. has made 2 grants totaling $900K, with a median grant of $450K. Annual giving has grown from $400K in 2021 to $500K in 2022. Individual grants have ranged from $400K to $500K, with an average award of $450K. Grant recipients are concentrated in New York. 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.
Harry & Suzanne Toufayan Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
Harry & Suzanne Toufayan Foundation Inc. has distributed a total of $900K across 2 grants. The median grant size is $450K, with an average of $450K. Individual grants have ranged from $400K to $500K.
Harry & Suzanne Toufayan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Harry & Suzanne Toufayan Foundation Inc. is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregory Toufayan | DIRECTOR-V | $0 | $0 | N/A |
| Harry Toufayan | DIRECTOR | $0 | $0 | N/A |
| Karen Nargizian | DIRECTOR | $0 | $0 | N/A |
| Suzanne Toufayan | DIRECTOR | $0 | $0 | N/A |
| Kristine Casali | DIRECTOR | $0 | $0 | N/A |
Total Giving
$304K
Total Assets
$7.5M
Fair Market Value
$7.3M
Net Worth
$7.5M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$339K
Distribution Amount
$345K
Total: $6.9M
Total Grants
2
Total Giving
$900K
Average Grant
$450K
Median Grant
$450K
Unique Recipients
1
Most Common Grant
$500K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian General Benevolent UnionGENERAL BENEVOLENCE | New York, NY | $500K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL