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Simonian Family Foundation is a private corporation based in BEVERLY HILLS, CA. The foundation received its IRS ruling in 2022. It holds total assets of $14.9M. Annual income is reported at $17.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Simonian Family Foundation has made 14 grants totaling $15.2M, with a median grant of $18K. Annual giving has grown from $1.4M in 2022 to $13.7M in 2023. Individual grants have ranged from $3K to $12.4M, with an average award of $1.1M. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and California and Wisconsin. Contributions to this foundation are tax-deductible.
Simonian Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, CA, WI.
Simonian Family Foundation has distributed a total of $15.2M across 14 grants. The median grant size is $18K, with an average of $1.1M. Individual grants have ranged from $3K to $12.4M.
Simonian Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Simonian Family Foundation is headquartered in BEVERLY HILLS, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jean Simonian | CEO | $0 | $0 | $0 |
| Mikael Cohen | Secretary | $0 | $0 | $0 |
| Gregory Simonian | CFO Treasurer | $0 | $0 | $0 |
Total Giving
$13.8M
Total Assets
$10M
Fair Market Value
$10M
Net Worth
$10M
Grants Paid
$13.7M
Contributions
$10M
Net Investment Income
$368K
Distribution Amount
$483K
Total Grants
14
Total Giving
$15.2M
Average Grant
$1.1M
Median Grant
$18K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Myriad Usa-Fka King Baudouin FoundaMedical Research | New York, NY | $12.4M | 2023 |
| After School All StarsSchool Programs | Los Angeles, CA | $1.1M | 2023 |
| Baby2babyGeneral Operations | Los Angeles, CA | $75K | 2023 |
| Paris Brain Institute AmericaGENERAL OPERATIONS | New York, NY | $35K | 2023 |
| Neimus Moshe UsaGENERAL OPERATIONS | Flushing, NY | $25K | 2023 |
| Armenian American MuseumGENERAL OPERATIONS | Glendale, CA | $10K | 2023 |
| United Friends Of The ChildrenGENERAL OPERATIONS | Los Angeles, CA | $10K | 2023 |
| Armenia Hearing Aid ProjectGENERAL OPERATIONS | Glendale, CA | $3K | 2023 |
| King Baudouin FoundationMedical Research | New York, NY | $11K | 2022 |
| Zeru Zeru IncGeneral Operations | Milwaukee, WI | $5K | 2022 |
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