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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. Total assets have grown from $93K in 2019 to $197K in 2023. The foundation is governed by 4 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 2017 to 2023. 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 N/A 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.
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.
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 N/A 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 | N/A |
| Vahak Petrossian | President | $0 | $0 | N/A |
| Alice Petrossian | Vice President | $0 | $0 | N/A |
| Chris Petrossian | Trustee | $0 | $0 | N/A |
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 | N/A | 2020 |
| 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 |
| American University Of ArmeniaSOCIAL SERVICES | Glendale, CA | $500 | 2022 |
| Armenian Mesrobian SchoolSOCIAL SERVICES | Pico Rivera, CA | $500 | 2022 |
| Evn ReportsSOCIAL SERVICES | Tarzana, CA | $500 | 2022 |
| Our Lady Of ArmeniaSOCIAL SERVICES | Springfield, PA | $500 | 2022 |
| Kong Sui Lum Pai Kang Fu SchoolSOCIAL SERVICES | Monterey Park, CA | $300 | 2022 |
| Homenetmen Glendale ChapterSOCIAL SERVICES | Los Angeles, CA | $250 | 2022 |
| Ucla FoundationSOCIAL SERVICES | Los Angeles, CA | $250 | 2022 |
| American Armenian Medical SocietySOCIAL SERVICES | Glendale, CA | $200 | 2022 |
| La Canada Hs School FundraiserSOCIAL SERVICES | La Canada, CA | $150 | 2022 |
| Armenian International Women'S AssoSOCIAL SERVICES | Watertown, MA | $150 | 2022 |
| Loyola High School FundSOCIAL SERVICES | Los Angeles, CA | $100 | 2022 |
| Armenian Relief SocietySOCIAL SERVICES | Glendale, 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 |
| Edward Hosharian FoundationSOCIAL SERVICES | Montebello, CA | $1K | 2021 |
| The Tufenkian Foundation IncSOCIAL SERVICES | Moonachie, NJ | $1K | 2021 |
| American Armenian Medical AssociationSOCIAL SERVICES | Glendale, 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 |
| La County Commission On WomenSOCIAL SERVICES | Los Angeles, CA | $500 | 2020 |
| Armenia Fund IncSOCIAL SERVICES | Glendale, CA | $500 | 2020 |
| American Heart AssociationSOCIAL SERVICES | Los Angeles, CA | N/A | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA