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Vartabedian Family Foundation Inc. is a private corporation based in FRANKLIN LKS, NJ. The foundation received its IRS ruling in 2008. The principal officer is Nishan G Vartabedian. It holds total assets of $236K. Annual income is reported at $267K. Total assets have decreased from $351K in 2011 to $236K in 2024. The foundation is governed by 7 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 2016 to 2024. Funding is distributed across 7 states, including New Jersey, New York, Tennessee. According to available records, Vartabedian Family Foundation Inc. has made 30 grants totaling $227K, with a median grant of $5K. Annual giving has decreased from $139K in 2022 to $88K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $8K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New Jersey, Tennessee, New York, which account for 70% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$10K
Based on 9 grants from the most recent 990-PF filing.
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.
Vartabedian Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in NJ, TN, NY.
Vartabedian Family Foundation Inc. has distributed a total of $227K across 30 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $50K.
Vartabedian Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Vartabedian Family Foundation Inc. is headquartered in FRANKLIN LKS, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diana Vartbedian | President | $0 | $0 | N/A |
| Damon Vartabedian | Treasurer | $0 | $0 | N/A |
| Dana Nentin | Trustee | $0 | $0 | N/A |
| Adam Vartabedian | Trustee | $0 | $0 | N/A |
| Sarosh Nentin | Trustee | $0 | $0 | N/A |
| Allison Vartbedian | Trustee | $0 | $0 | N/A |
| Nishan Vartabedian | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$236K
Fair Market Value
N/A
Net Worth
$236K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
30
Total Giving
$227K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of PittsburghCOMMUNITY SUPPORT | Memphis, TN | $50K | 2023 |
| Families For FamiliesCOMMUNITY SUPPORT | Wyckoff, NJ | $10K | 2023 |
| Bergen County Horse RescueCOMMUNITY SUPPORT | Mahwah, NJ | $10K | 2023 |
| Holy Cross Church Of ArmeniaCOMMUNITY SUPPORT | New York, NY | $5K | 2023 |
| One Simple WishCOMMUNITY SUPPORT | Trenton, NJ | $5K | 2023 |
| Programs For Exceptional PeopleCOMMUNITY SUPPORT | Hilton Head, SC | $3K | 2023 |
| OasisCOMMUNITY SUPPORT | Paterson, NJ | $3K | 2023 |
| Franklin Lakes Lions ClubCOMMUNITY SUPPORT | Franklin Lakes, NJ | $3K | 2023 |
| Moms Helping MomsCOMMUNITY SUPPORT | Warren, NJ | $10K | 2022 |
| Charlie Landers FoundationCOMMUNITY SUPPORT | Franklin Lakes, NJ | $10K | 2022 |
| Cancer ClimberCOMMUNITY SUPPORT | Littleton, CO | $6K | 2022 |
| Independence FundCOMMUNITY SUPPORT | Charlotte, NC | $5K | 2022 |
| Hope FutureCOMMUNITY SUPPORT | Union City, NJ | $4K | 2022 |
| Balmoral School Of PipingCOMMUNITY SUPPORT | Pittsburgh, PA | $1K | 2022 |