Alan K And Isabelle Derkazarian Foundation

Organization Overview

Alan K And Isabelle Derkazarian Foundation is located in Belmont, MA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alan K And Isabelle Derkazarian Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Alan K And Isabelle Derkazarian Foundation generated $322.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $223.2k during the year ending 12/2021. While expenses have increased by 24.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Alan K And Isabelle Derkazarian Foundation has awarded 198 individual grants totaling $697,120. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $105,067
Interest on Savings $9
Dividends & Interest $53,831
Net Rental Income$0
Net Gain on Sale of Assets $163,384
Capital Gain Net Income $163,384
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $322,291

Grants Awarded

Over the last fiscal year, Alan K And Isabelle Derkazarian Foundation has awarded $202,068 in support to 37 organizations.

Grant RecipientAmount

ST JAMES ARMENIAN APOSTOLIC CHURCH

PURPOSE: TO HELP FUND ACQUISITION OF WATERTOWN LIBRARY PROPERTY ADJACENT TO THE CHURCH'S PROPERTY.

$45,000

NATL ASSN FOR ARMENIAN STUDIES AND

PURPOSE: UNRESTRICTED

$20,286

MDS FOUNDATION INC

Org PageRecipient Profile

Southborough, MA

PURPOSE: COVID-19 RECOVERY FUND

$20,286

BETH ISRAEL DEACONESS HOSPITAL

PURPOSE: BIDMC CAMPUS TRANSFORMATION FUND

$17,142

BOSTON CHILDRENS HOSPITAL

PURPOSE: EVERY CHILD FUND

$5,059

DANA FARBER CANCER INSTITUTE

PURPOSE: UNRESTRICTED

$5,059
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