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The Vahik And Alice@Petrossian Foundation is a private trust based in GLENDALE, CA. The foundation received its IRS ruling in 2017. The principal officer is % Vahak Petrossian. It holds total assets of $182K. Annual income is reported at $337K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Vahik And Alice@Petrossian Foundation has made 46 grants totaling $246K, with a median grant of $500. The foundation has distributed between $36K and $112K annually from 2020 to 2022. Individual grants have ranged from $50 to $72K, with an average award of $5K. The foundation has supported 36 unique organizations. The foundation primarily supports organizations in California, New Jersey, District of Columbia, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Vahik And Alice@Petrossian Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in CA, NJ, DC.
The Vahik And Alice@Petrossian Foundation has distributed a total of $246K across 46 grants. The median grant size is $500, with an average of $5K. Individual grants have ranged from $50 to $72K.
The Vahik And Alice@Petrossian Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Vahik And Alice@Petrossian Foundation is headquartered in GLENDALE, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shant Petrossian | Trustee | $0 | $0 | $0 |
| Vahak Petrossian | President | $0 | $0 | $0 |
| Alice Petrossian | Vice President | $0 | $0 | $0 |
| Chris Petrossian | Trustee | $0 | $0 | $0 |
Total Giving
$107K
Total Assets
$197K
Fair Market Value
$954K
Net Worth
$197K
Grants Paid
$93K
Contributions
$245K
Net Investment Income
$10K
Distribution Amount
$40K
Total: $137K
Total Grants
46
Total Giving
$246K
Average Grant
$5K
Median Grant
$500
Unique Recipients
36
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Armenian Wounded Heroes FundSOCIAL SERVICES | La Canada, CA | $72K | 2022 |
| Armenian Cultural FoundationSOCIAL SERVICES | Glendale, CA | $1K | 2022 |
| Tufenkian FoundationSOCIAL SERVICES | Moonachi, NJ | $5K | 2020 |
| Childrens HospitalSOCIAL SERVICES | Los Angeles, CA | $50 | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Aurora Humanitarian FdnGRANT |
| Washington, DC |
| $10K |
| 2022 |
| Armenian American Missionary AssociSOCIAL SERVICES | Paramus, NJ | $5K | 2022 |
| Armenia Media NetworkSOCIAL SERVICES | Little Armenia, CA | $2K | 2022 |
| Armenian Education FoundationSOCIAL SERVICES | Glendale, CA | $2K | 2022 |
| Tufenkian PreschoolSOCIAL SERVICES | Glendale, CA | $1K | 2022 |
| Armenian National Committee Of AmerSOCIAL SERVICES | Glendale, CA | $1K | 2022 |
| Our Lady Of ArmeniaSOCIAL SERVICES | Springfield, PA | $500 | 2022 |
| Armenian Mesrobian SchoolSOCIAL SERVICES | Pico Rivera, CA | $500 | 2022 |
| American University Of ArmeniaSOCIAL SERVICES | Glendale, CA | $500 | 2022 |
| Evn ReportsSOCIAL SERVICES | Tarzana, CA | $500 | 2022 |
| Kong Sui Lum Pai Kang Fu SchoolSOCIAL SERVICES | Monterey Park, CA | $300 | 2022 |
| Ucla FoundationSOCIAL SERVICES | Los Angeles, CA | $250 | 2022 |
| Homenetmen Glendale ChapterSOCIAL SERVICES | Los Angeles, CA | $250 | 2022 |
| American Armenian Medical SocietySOCIAL SERVICES | Glendale, CA | $200 | 2022 |
| Armenian International Women'S AssoSOCIAL SERVICES | Watertown, MA | $150 | 2022 |
| La Canada Hs School FundraiserSOCIAL SERVICES | La Canada, CA | $150 | 2022 |
| Armenian Relief SocietySOCIAL SERVICES | Glendale, CA | $100 | 2022 |
| Loyola High School FundSOCIAL SERVICES | Los Angeles, CA | $100 | 2022 |
| Armenian Educational FoundationSOCIAL SERVICES | Glendale, CA | $18K | 2021 |
| Chamlian Armenian SchoolSOCIAL SERVICES | Glendale, CA | $8K | 2021 |
| Orran Benevolent OrganizationSOCIAL SERVICES | Los Angeles, CA | $2K | 2021 |
| American Armenian Medical AssociationSOCIAL SERVICES | Glendale, CA | $1K | 2021 |
| The Tufenkian Foundation IncSOCIAL SERVICES | Moonachie, NJ | $1K | 2021 |
| Edward Hosharian FoundationSOCIAL SERVICES | Montebello, CA | $1K | 2021 |
| St Mary'S Armenian Apostolic ChurchSOCIAL SERVICES | Glendale, CA | $250 | 2021 |
| Code3 AngelsSOCIAL SERVICES | Sierra Madre, CA | $200 | 2021 |
| Armenian International Women'S AssociationSOCIAL SERVICES | Watertown, MA | $100 | 2021 |
| Chamlian Armenian SchSOCIAL SERVICES | Glendale, CA | $10K | 2020 |
| Armenian National Committee Wester RegionSOCIAL SERVICES | Glendale, CA | $1K | 2020 |
| Armenia Fund IncSOCIAL SERVICES | Glendale, CA | $500 | 2020 |
| La County Commission On WomenSOCIAL SERVICES | Los Angeles, CA | $500 | 2020 |
| American Heart AssociationSOCIAL SERVICES | Los Angeles, CA | $75 | 2020 |
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