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Vahe And Lucie Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2021. The principal officer is % Vram Minassian. It holds total assets of $3.4M. Annual income is reported at $471K. NONE - CONTRIBUTES TO CHARITABLE ORGANIZATIONS ONLY. According to available records, Vahe And Lucie Foundation has made 10 grants totaling $474K, with a median grant of $50K. Annual giving has decreased from $292K in 2022 to $182K in 2023. Individual grants have ranged from $8K to $75K, with an average award of $47K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and New York and Texas. Contributions to this foundation are tax-deductible.
NONE - CONTRIBUTES TO CHARITABLE ORGANIZATIONS ONLY
NONE - CONTRIBUTES TO CHARITABLE ORGANIZATIONS ONLY. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CA, NY, TX.
Vahe And Lucie Foundation has distributed a total of $474K across 10 grants. The median grant size is $50K, with an average of $47K. Individual grants have ranged from $8K to $75K.
Vahe And Lucie Foundation typically selects its grantees rather than accepting unsolicited proposals.
Vahe And Lucie Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vram Minassian | DIRECTOR | $0 | $0 | $0 |
Total Giving
$233K
Total Assets
$3.4M
Fair Market Value
$3.3M
Net Worth
$3.4M
Grants Paid
$182K
Contributions
$20K
Net Investment Income
$23K
Distribution Amount
$103K
Total: $2.2M
Total Grants
10
Total Giving
$474K
Average Grant
$47K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tumo FoundationTO SUPPORT TUMO 3D SCANNING PROJECT WHICH WILL CAPTURE CULTURALLY SIGNIFICANT ARCHITECTURE AND ARTIFACTS IN THE REGION. | Dallas, TX | $75K | 2023 |
| Health For ArmeniaAIM TO HELP IN THE ESTABLISHMENT OF THE ART & MEDICINE PROGRAM FOCUSED ON SUPPORTING HEALTHCARE PRACTITIONERS TO DEVELOP THEIR SKILLS. | Burbank, CA | $50K | 2023 |
| Impact Hub Of Armenia IncTO MAKE A POSITIVE IMPACT, TO HELP PAVE THE WAY TO A BETTER FUTURE. | Los Angeles, CA | $50K | 2023 |
| American University In ArmeniaAIM TO HAVE IMPACT ON STUDENTS AND THE COMMUNITY AS A CENTER OF ACADEMIC EXCELLENCE, INNOVATION, INQUIRY AND DIVERSITY. | Glendale, CA | $8K | 2023 |
| Lark Musical Society |
| Glendale, CA |
| $50K |
| 2022 |
| Children Of Armenia Fund IncTo provide education, healthcare and socio-economic initiatives aimed at providing rural communities with resources and tools needed to thrive. | New York, NY | $50K | 2022 |
| Impact Hub Armenia IncTo make a positive impact, to help pave the way to a better future. | Los Angeles, CA | $46K | 2022 |
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