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Jerair Nishanian Foundation Inc. is a private corporation based in VIENNA, VA. The foundation received its IRS ruling in 1994. It holds total assets of $2M. Annual income is reported at $269K. Total assets have grown from $327K in 2011 to $1.9M in 2023. The foundation is governed by 6 officers and trustees. Fund for american relief. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, District of Columbia and Maryland. According to available records, Jerair Nishanian Foundation Inc. has made 16 grants totaling $305K, with a median grant of $10K. The foundation has distributed between $73K and $155K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $155K distributed across 8 grants. Individual grants have ranged from $5K to $61K, with an average award of $19K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Maryland, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$18K
Largest Grant
$48K
Based on 4 grants from the most recent 990-PF filing.
Fund for american relief
Expenses: $53K
St. Mary's armenian church
Expenses: $10K
Soorp khatch armenian church
Expenses: $10K
Scholarship for s. Maghakyan
Expenses: $5K
Fund for american relief. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, DC, MD.
Jerair Nishanian Foundation Inc. has distributed a total of $305K across 16 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $5K to $61K.
Jerair Nishanian Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jerair Nishanian Foundation Inc. is headquartered in VIENNA, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Archbishop V Aykazian | DIRECTOR | $2K | $0 | $2K |
| Zaven Kalayjian | DIRECTOR | $1K | $0 | $1K |
| Anahid Kalayjian | DIRECTOR | $1K | $0 | $1K |
| Anahid A Nishanian | DIR / SEC | $0 | $0 | N/A |
| V Rick Nishanian | BOARD MEMBER | $0 | $0 | N/A |
| Tagvor Nishanian | PRES/TREASUR | $0 | $0 | N/A |
Total Giving
$87K
Total Assets
$1.9M
Fair Market Value
$3.1M
Net Worth
$1.9M
Grants Paid
$77K
Contributions
$95K
Net Investment Income
$81K
Distribution Amount
N/A
Total Grants
16
Total Giving
$305K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fund For Armenian ReliefFUNDS SCHOLARSHIPS, STIPENDS, MGT | New York, NY | $61K | 2023 |
| St Marys Armenian ChurchFUNDS FOR ARMENIAN CHURCH ACTIVITIES | Washington, DC | $5K | 2023 |
| Soorp Khatch Armenian ChurchDONATION & CONTRIBUTION | Bethesda, MD | $5K | 2023 |
| Diocese Armenian ChurchFUNDS FOR ARMENIAN CHURCH ACTIVITIES | New York, NY | $5K | 2023 |
| Simon MaghakyanSCHOLARSHIP | Denver, CO | $5K | 2022 |