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John O Ounjian Foundation Inc. is a private corporation based in BOCA RATON, FL. The foundation received its IRS ruling in 1999. The principal officer is Simon Balian. It holds total assets of $8.6M. Annual income is reported at $695K. Total assets have grown from $929K in 2011 to $6.7M in 2023. The foundation is governed by 1 officer or trustee. Support and furtherance of the armenian culture-various expenses. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Massachusetts, New Jersey, Florida. According to available records, John O Ounjian Foundation Inc. has made 14 grants totaling $920K, with a median grant of $9K. Annual giving has decreased from $699K in 2022 to $221K in 2023. Individual grants have ranged from $750 to $304K, with an average award of $66K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New Jersey, which account for 57% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$9K
Average Grant
$70K
Largest Grant
$304K
Based on 5 grants from the most recent 990-PF filing.
Support and furtherance of the armenian culture-various expenses
Support and furtherance of the armenian culture-various expenses. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in FL, MA, NJ.
John O Ounjian Foundation Inc. has distributed a total of $920K across 14 grants. The median grant size is $9K, with an average of $66K. Individual grants have ranged from $750 to $304K.
The application deadline is OPEN-ENDED.
John O Ounjian Foundation Inc. is headquartered in BOCA RATON, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Simon Y Balian | DIRECTOR | $0 | $0 | N/A |
Total Giving
$233K
Total Assets
$6.7M
Fair Market Value
$5.5M
Net Worth
$6.7M
Grants Paid
$221K
Contributions
$2K
Net Investment Income
N/A
Distribution Amount
$263K
Total: $5.5M
Total Grants
14
Total Giving
$920K
Average Grant
$66K
Median Grant
$9K
Unique Recipients
7
Most Common Grant
$9K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John Ounjian Educational NgoEDUCATION AND COMMUNITY PROGRAMS | Yerevan | $201K | 2023 |
| Wentworth UniversitySCHOLARSHIPS | Boston, MA | $10K | 2023 |
| Rutgers UniversitySCHOLARSHIPS | Newark, NJ | $9K | 2023 |
| Holy Martyrs ChurchCHARITABLE | Oakland Gardens, NY | $750 | 2023 |
| Nova Se UniversitySTUDENT SCHOLARSHIPS | Fort Lauderdale, FL | $26K | 2022 |
| Arizona State UniversitySTUDENT SCHOLARSHIPS | Mesa, AZ | $9K | 2022 |
| Rutgers Medical SchoolSTUDENT SCHOLARSHIPS | Newark, NJ | $5K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL