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Richard Melik Simonian Charitable Trust is a private trust based in WORCESTER, MA. The foundation received its IRS ruling in 2020. It holds total assets of $2M. Annual income is reported at $1.4M. The foundation operates in the area of education. According to available records, Richard Melik Simonian Charitable Trust has made 85 grants totaling $658K, with a median grant of $6K. The foundation has distributed between $164K and $294K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $294K distributed across 44 grants. Individual grants have ranged from $1K to $47K, with an average award of $8K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in Massachusetts, New Hampshire, Indiana, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Richard Melik Simonian Charitable Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 85 grants. Its grantmaking reaches organizations primarily in MA, NH, IN.
Richard Melik Simonian Charitable Trust has distributed a total of $658K across 85 grants. The median grant size is $6K, with an average of $8K. Individual grants have ranged from $1K to $47K.
The application deadline is APRIL 15. THE RICHARD MELIK SIMONIAN CHARITABLE TRUST SCHOLARSHIP IS A COMPETITIVE SCHOLARSHIP GRANTED EACH YEAR TO STUDENTS OF ARMENIAN DESCENT WHO LIVE IN OR ATTEND SCHOOL IN THE COMMONWEALTH OF MASSACHUSETTS. WHILE CONSIDERATION IS GIVEN TO CHARACTER, ACADEMIC ACHIEVEMENT, AND INVOLVEMENT IN THE ARMENIAN COMMUNITY, AWARDS ARE BASED PRIMARILY ON BOTH THE STUDENT'S AND THE PARENTS' FINANCIAL NEED. AWARDS MAY BE USED TOWARD COLLEGE, GRADUATE SCHOOL OR OTHER EDUCATIONAL PROGRAMS.
Richard Melik Simonian Charitable Trust is headquartered in WORCESTER, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher R Mitchell | TRUSTEE | $0 | $0 | $0 |
| Michael B Murray | TRUSTEE | $0 | $0 | $0 |
Total Giving
$212K
Total Assets
$1.5M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$164K
Contributions
$517K
Net Investment Income
$246K
Distribution Amount
$57K
Total: $1.3M
Total Grants
85
Total Giving
$658K
Average Grant
$8K
Median Grant
$6K
Unique Recipients
36
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian Museum Of AmericaEDUCATIONAL | Watertown, MA | $40K | 2023 |
| Clark University - Strassler Center For Holocaust And Genocide StudiesEDUCATIONAL | Worcester, MA | $15K | 2023 |
| Eliza VardanyanEDUCATIONAL SCHOLARSHIP | Medford, MA | $10K | 2023 |
| Emmelia HabibEDUCATIONAL SCHOLARSHIP | Southborough, MA | $8K | 2023 |
| Lori SahakianEDUCATIONAL SCHOLARSHIP | Worcester, MA | $8K | 2023 |
| Lena KaraguesianEDUCATIONAL SCHOLARSHIP | Watertown, MA | $8K | 2023 |
| Ani Nanor ManjikianEDUCATIONAL SCHOLARSHIP | Watertown, MA | $7K | 2023 |
| Hasmik GrigoryanEDUCATIONAL SCHOLARSHIP | Worcester, MA | $7K | 2023 |
| Diana HayrapetyanEDUCATIONAL SCHOLARSHIP | Worcester, MA | $7K | 2023 |
| Nikolas KojoianEDUCATIONAL SCHOLARSHIP | North Attleboro, MA | $6K | 2023 |
| Eric MigridchianEDUCATIONAL SCHOLARSHIP | Worcester, MA | $5K | 2023 |
| Arsen MelkumyanEDUCATIONAL SCHOLARSHIP | Nashua, NH | $5K | 2023 |
| Anthony MigridichianEDUCATIONAL SCHOLARSHIP | Worcester, MA | $5K | 2023 |
| Nicole TopanianEDUCATIONAL SCHOLARSHIP | Woburn, MA | $4K | 2023 |
| Anya KeomurjianEDUCATIONAL SCHOLARSHIP | Waltham, MA | $4K | 2023 |
| Vardui Izabell TenekedzyhanEDUCATIONAL SCHOLARSHIP | Watertown, MA | $4K | 2023 |
| Mateo DiciccoEDUCATIONAL SCHOLARSHIP | Worcester, MA | $3K | 2023 |
| David DonoianEDUCATIONAL SCHOLARSHIP | Millis, MA | $3K | 2023 |
| Madalene TavarezEDUCATIONAL SCHOLARSHIP | Millis, MA | $3K | 2023 |
| Alina DonoianEDUCATIONAL SCHOLARSHIP | Millis, MA | $3K | 2023 |
| Alexandre HananianEDUCATIONAL SCHOLARSHIP | Belmont, MA | $3K | 2023 |
| Anthony DemarcoEDUCATIONAL SCHOLARSHIP | Belmont, MA | $3K | 2023 |
| Isabella DemarcoEDUCATIONAL SCHOLARSHIP | Belmont, MA | $3K | 2023 |
| Christina ChaglasianEDUCATIONAL SCHOLARSHIP | Waltham, MA | $1K | 2023 |
| Ani Meghri ShaglasianEDUCATIONAL SCHOLARSHIP | Waltham, MA | $1K | 2023 |
| Clark University Strassler Center For Holocaust & Genocide StudiesACADEMIC RESEARCH ON THE GUERGERIAN DOCUMENTS | Worcester, MA | $13K | 2022 |
| Elina TavarezSCHOLARSHIP FOR HIGHER EDUCATION | Millis, MA | $6K | 2022 |
| Shant CimenianSCHOLARSHIP FOR HIGHER EDUCATION | Waltham, MA | $6K | 2022 |
| Eric MigridichianSCHOLARSHIP FOR HIGHER EDUCATION | Worcester, MA | $5K | 2022 |
| Ani ChaglasianSCHOLARSHIP FOR HIGHER EDUCATION | Waltham, MA | $3K | 2022 |
| Charles BalyozianSCHOLARSHIP FOR HIGHER EDUCATION | Arlington, MA | $2K | 2022 |
| Ana ZoubianSCHOLARSHIP | Watertown, MA | $15K | 2021 |
| Atineh MovsesianSCHOLARSHIP | Glendale, CA | $8K | 2021 |
| Berj ChekijianSCHOLARSHIP | Belmont, MA | $3K | 2021 |
| Brian SarkisianSCHOLARSHIP | Auburn, MA | $3K | 2021 |
| Aleena SurenianSCHOLARSHIP | Arlington Heights, IL | $1K | 2021 |
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