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Panosian Family Foundation Inc. is a private corporation based in ELMIRA, NY. The foundation received its IRS ruling in 1995. It holds total assets of $1.5M. Annual income is reported at $1.7M. Total assets have grown from $347K in 2011 to $1.3M 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. Grantmaking is concentrated in New York. According to available records, Panosian Family Foundation Inc. has made 108 grants totaling $228K, with a median grant of $2K. Annual giving has decreased from $141K in 2022 to $87K in 2023. Individual grants have ranged from $500 to $11K, with an average award of $2K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in New York, Texas, Pennsylvania, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$8K
Based on 32 grants from the most recent 990-PF filing.
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.
Panosian Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 108 grants. Its grantmaking reaches organizations primarily in NY, TX, PA.
Panosian Family Foundation Inc. has distributed a total of $228K across 108 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $11K.
Panosian Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Panosian Family Foundation Inc. is headquartered in ELMIRA, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Panosian | DIRECTOR | $0 | $0 | N/A |
| Susan P Frisbie | DIRECTOR | $0 | $0 | N/A |
| Ronald N Panosian | DIRECTOR | $0 | $0 | N/A |
| Lucille A Panosian | PRESIDENT | $0 | $0 | N/A |
| Daniel P Panosian | SCTRY/TREAS | $0 | $0 | N/A |
Total Giving
$95K
Total Assets
$1.3M
Fair Market Value
$1.4M
Net Worth
$1.3M
Grants Paid
$87K
Contributions
N/A
Net Investment Income
$29K
Distribution Amount
$69K
Total Grants
108
Total Giving
$228K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
42
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGIFT FOR OPERATIONS | Horseheads, NY | $4K | 2023 |
| Salvation ArmyGIFT FOR OPERATIONS | Elmira, NY | $3K | 2023 |
| City Of LightsGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Bethany Lutheran ChurchGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Community Foundation Of Elmira-Corning And The Finger Lakes IncGIFTS FOR SPIRITUAL CARE TODAY EVENT & CHRISTAIN SERVICE FUND | Horseheads, NY | $11K | 2023 |
| Victory Highway ChurchGIFT FOR OPERATIONS | Painted Post, NY | $5K | 2023 |
| Family Life NetworkGIFT FOR SPIRITUAL CARE TODAY EVENT & RADIO OPERATIONS | Bath, NY | $4K | 2023 |
| United Baptist ChurchGIFT FOR OPERATIONS | Elmira, NY | $4K | 2023 |
| St Mary Our Mother SchoolGIFT FOR OPERATIONS | Horseheads, NY | $4K | 2023 |
| Notre Dame High SchoolGIFT FOR OPERATIONS | Elmira, NY | $4K | 2023 |
| Most Holy Name Of Jesus ParishGIFT FOR OPERATIONS | Elmira, NY | $3K | 2023 |
| Pine City United Methodist ChurchGIFT FOR OPERATIONS | Pine City, NY | $3K | 2023 |
| Guthrie Robert Packer HospitalGIFT FOR SPIRITUAL CARE TODAY EVENT & CHAPLAIN SERVICES | Sayre, PA | $3K | 2023 |
| St Mary Our Mother ChurchGIFT FOR OPERATIONS | Horseheads, NY | $2K | 2023 |
| First Presbyterian Church Of ElmiraGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Southern Tier Pregnancy Resource CenterGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Golden Key Prison MinistryGIFT FOR OPERATIONS | Newark Valley, NY | $2K | 2023 |
| Catholic Charities Of ChemungschuylerGIFTS FOR SPIRITUAL CARE TODAY EVENT & OPERATIONS | Elmira, NY | $2K | 2023 |
| Arnot Health Foundation - Chaplaincy Spiritual Care ProgramGIFT FOR CHAPLAINCY SPIRITUAL CARE PROGRAM | Elmira, NY | $2K | 2023 |
| North Presbyterian ChurchGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Monumental Baptist ChurchGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| The Potter'S Hands Foundation IncGIFT FOR OPERATIONS | Corning, NY | $2K | 2023 |
| Mount Savior MonasteryGIFT FOR OPERATIONS | Pine City, NY | $2K | 2023 |
| Christian Faith FellowshipGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Horseheads First Presbyterian ChurchGIFT FOR OPERATIONS | Horseheads, NY | $2K | 2023 |
| New Beginnings United Methodist ChurchGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| His United Body Community ChurchGIFT FOR OPERATIONS | Elmira, NY | $2K | 2023 |
| Border Buddies Ministries IncGIFT FOR OPERATIONS | San Antonio, TX | $2K | 2023 |
| Higher Hope ChurchGIFT FOR OPERATIONS | Big Flats, NY | $1K | 2023 |
| Gideons International Elmira CorpGIFT FOR OPERATIONS | Elmira, NY | $1K | 2023 |
| Acts Twin TiersGIFT FOR OPERATIONS | Elmira, NY | $1K | 2023 |
| Abmen NysGIFT FOR OPERATIONS | Rochester, NY | $1K | 2023 |
| Neighborhood Transformation CenterGIFT FOR OPERATIONS | Elmira, NY | $1K | 2023 |
| Lake Erie College Of Osteopathic Medicine - ElmiraGIFT FOR SPIRITUAL CARE TODAY EVENT | Elmira, NY | $1K | 2023 |
| Arnot Ogden Medical CenterGIFT FOR SPIRITUAL CARE TODAY EVENT | Elmira, NY | $1K | 2023 |
| American Baptist Churches UsaGIFT FOR OPERATIONS | Philadelphia, PA | $500 | 2023 |
| Timothy Long Mexicali MissionsGIFT FOR OPERATIONS | Chula Vista, CA | $500 | 2023 |
| Living Waters AssociationGIFT FOR OPERATIONS | Elmira, NY | $500 | 2023 |
| Delta Lake Bible ConferenceGIFT FOR OPERATIONS | Rome, NY | $500 | 2023 |
| Armenian Missionary Association IncGIFT FOR OPERATIONS | Paramus, NJ | $500 | 2023 |