George Holopigian Memorial Fund
- Assets
- $474.8k
- Revenue
- $18.0k
- Investments
- $455.4k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 04/1974
- Data as of
- 06/2024
- EIN
- 05-6044531
Organization Overview
George Holopigian Memorial Fund is located in Dallas, TX. The organization was established in 1974. 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. George Holopigian Memorial Fund 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 06/2024, George Holopigian Memorial Fund generated $18.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $26.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, George Holopigian Memorial Fund has awarded 49 individual grants totaling $109,400. 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 | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,602 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,853 |
| Capital Gain Net Income | $2,853 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,539 |
| Total Revenue | $17,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,815 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $349 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $366 |
| Total operating and administrative expenses | $8,120 |
| Contributions, gifts, grants paid | $18,000 |
| Total expenses and disbursements | $26,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,360 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $474,760 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, George Holopigian Memorial Fund has awarded $18,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE PURPOSE: SCHOLARSHIPS | $1,000 |
VILLANOVA UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |
NORTHWESTERN UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |
UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIPS | $6,000 |
UNIVERSITY OF DETROIT MERCY PURPOSE: SCHOLARSHIPS | $3,500 |
UC REGENTS COLLEGE PURPOSE: SCHOLARSHIPS | $3,500 |