Lucy Garjian Charitable Trust is a private trust based in LOS ANGELES, CA. The foundation received its IRS ruling in 2002. The principal officer is % Astor & Phillips. It holds total assets of $558K. Annual income is reported at $78K. INITIALLY SCHOLARSHIPS ARE TO BE MADE TO 501(C)(3) SCHOOLS WITH THE PRIMARY RECIPIENTS BEING NEEDY STUDENTS OF ARMENIAN DESCENT.IF SUFFICIENT FUNDS ARE AVAILABLE, THE TRUST MAY MAKE DIRECT SCHOLARSHIPS TO NEEDY STUDENTS OF ARMENIAN DESCENT AS PER IRS REGULATIONS APPROVED AS TO THIS TRUST. According to available records, Lucy Garjian Charitable Trust has made 3 grants totaling $120K, with a median grant of $40K. The foundation has distributed between $40K and $40K annually from 2020 to 2022. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
INITIALLY SCHOLARSHIPS ARE TO BE MADE TO 501(C)(3) SCHOOLS WITH THE PRIMARY RECIPIENTS BEING NEEDY STUDENTS OF ARMENIAN DESCENT.IF SUFFICIENT FUNDS ARE AVAILABLE, THE TRUST MAY MAKE DIRECT SCHOLARSHIPS TO NEEDY STUDENTS OF ARMENIAN DESCENT AS PER IRS REGULATIONS APPROVED AS TO THIS TRUST.
INITIALLY SCHOLARSHIPS ARE TO BE MADE TO 501(C)(3) SCHOOLS WITH THE PRIMARY RECIPIENTS BEING NEEDY STUDENTS OF ARMENIAN DESCENT.IF SUFFICIENT FUNDS ARE AVAILABLE, THE TRUST MAY MAKE DIRECT SCHOLARSHIPS TO NEEDY STUDENTS OF ARMENIAN DESCENT AS PER IRS REGULATIONS APPROVED AS TO THIS TRUST. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Lucy Garjian Charitable Trust has distributed a total of $120K across 3 grants. The median grant size is $40K, with an average of $40K. Individual grants have ranged from $40K to $40K.
Lucy Garjian Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Lucy Garjian Charitable Trust is headquartered in LOS ANGELES, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George R Phillips Jr | TRUSTEE | $15K | $0 | $15K |
Total Giving
$98K
Total Assets
$575K
Fair Market Value
$1.4M
Net Worth
$566K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$50K
Distribution Amount
$70K
Total Grants
3
Total Giving
$120K
Average Grant
$40K
Median Grant
$40K
Unique Recipients
1
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian Evangelical Schools Of California IncFOR SCHOLARSHIPS TO STUDENTS OF ARMENIAN DESCENT | Sherman Oaks, CA | $40K | 2022 |
MEDIA, PA
VIENNA, VA
DALLAS, TX
HANOVER, MA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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