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Studenica Foundation is a private corporation based in WOODINVILLE, WA. The foundation received its IRS ruling in 1993. The principal officer is Michael Djordjevich. It holds total assets of $2.9M. Annual income is reported at $900K. Total assets have decreased from $3.6M in 2011 to $2.9M in 2024. The foundation is governed by 4 officers and trustees. Provided Scholarships for needy students. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in California. According to available records, Studenica Foundation has made 9 grants totaling $218K, with a median grant of $14K. The foundation has distributed between $101K and $117K annually from 2022 to 2023. Individual grants have ranged from $576 to $101K, with an average award of $27K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Studenica Foundation reported 8 individual grants totaling $218,076 between 2022 and 2023 across its IRS Form 990-PF filings, with a median grant of $14,000. Half of those grants fell between $5,000 and $39,500. Its largest single grant in the record was $100,500. Its most recent available filing, for fiscal year 2023, reports $146,067 in total giving.
Grantmaking is concentrated in CA, which received 8 of the 8 grants on record (100 percent). Of its 3 distinct grantees, 100 percent received funding more than once, so repeat relationships are the norm rather than the exception.
Computed from 8 individual grant records (2022–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$24K
Largest Grant
$64K
Based on 3 grants from the most recent 990-PF filing.
Provided Scholarships for needy students
Expenses: $40K
Provided Grants
Expenses: $19K
Provided Scholarships for needy students. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CA.
Studenica Foundation has distributed a total of $218K across 9 grants. The median grant size is $14K, with an average of $27K. Individual grants have ranged from $576 to $101K.
Studenica Foundation typically selects its grantees rather than accepting unsolicited proposals.
Studenica Foundation is headquartered in WOODINVILLE, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Djordjevich | President | $0 | $0 | N/A |
| Pamela Gavura | Secretary | $0 | $0 | N/A |
| Peter Chelovic | Vice President | $0 | $0 | N/A |
| Alex Djordjevich | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.9M
Fair Market Value
N/A
Net Worth
$2.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$218K
Average Grant
$27K
Median Grant
$14K
Unique Recipients
3
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| StudenicaContribution | San Rafael, CA | — | 2023 |
| Serbian Philanthropic IncScholarships | San Rafael, CA | $101K | 2023 |
| Various GrantsContribution | San Rafael, CA | $576 | 2023 |