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Minakyan Foundation Inc. is a private corporation based in MANHASSET, NY. The foundation received its IRS ruling in 2014. The principal officer is Robert J Michel. It holds total assets of $199K. Annual income is reported at $83K. Total assets have grown from $82K in 2013 to $199K in 2024. The foundation is governed by 4 officers and trustees. Contributions to not for profit organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New York and Georgia. According to available records, Minakyan Foundation Inc. has made 9 grants totaling $39K, with a median grant of $5K. Annual giving has grown from $10K in 2020 to $18K in 2023. Individual grants have ranged from $150 to $7K, with an average award of $4K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$1K
Average Grant
$2K
Largest Grant
$7K
Based on 4 grants from the most recent 990-PF filing.
Contributions to not for profit organizations
Expenses: $12K
Contributions to not for profit organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NY, GA.
Minakyan Foundation Inc. has distributed a total of $39K across 9 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $150 to $7K.
Minakyan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Minakyan Foundation Inc. is headquartered in MANHASSET, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nisan Minakyan | Director | $0 | $0 | N/A |
| Anita Minakyan | Director | $0 | $0 | N/A |
| Stephen Minakyan | Director | $0 | $0 | N/A |
| Houry Minakyan | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$199K
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$39K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American University Of ArmeniaCharitable Contribution | Yerevan | $7K | 2023 |
| Holy Martyrs Armenian Day SchoolCharitable Contribution | Oakland Gardens, NY | $6K | 2023 |
| George Pompidou Europena HospitalCharitable contribution | Paris | $5K | 2023 |
| Fuller Center For HousingGENERAL FUND | Americus, GA | $1K | 2020 |
| North Shore Lij Health SystemGENERAL FUND | Great Neck, NY | $1K | 2020 |
| Armenian Church Of Holy MartyrsGENERAL FUND | Bayside, NY | $150 | 2020 |