Erkiletian Family Foundation
- Assets
- $5.7m
- Revenue
- $213.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 13-4238878
Organization Overview
Erkiletian Family Foundation is located in Arlington, VA. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Erkiletian Family 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 12/2023, Erkiletian Family Foundation generated $213.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $329.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Erkiletian Family Foundation has awarded 165 individual grants totaling $2,094,376. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGING SCHOLARS PROGRAM - PROVIDING LEADERSHIP AND EDUCATIONAL OPPORTUNITY AND SUPPORT FOR YOUNG STUDENTS.
THE SHAKESPEARE THEATRE COMPANY - TO CREATE WORLD-CLASS SHAKESPEARE PRODUCTIONS AND INNOVATIVE CONTEMPORARY WORK, ADDRESSING THE MOST URGENT QUESTIONS WITH SCALE AND AUDACITY.
CHESAPEAKE BAY FOUNDATION - TO FIGHT FOR EFFECTIVE, SCIENCE-BASED SOLUTIONS TO THE POLLUTION DEGRADING THE CHESAPEAKE BAY AND ITS RIVERS AND STREAMS.
WORLD CENTRAL KITCHEN - DEVOTED TO PROVIDING MEALS IN THE WAKE OF NATURAL DISASTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefanie S Erkiletian President | 0.5 | $0 | |
Michael P Erkiletian Vice President | 1.5 | $0 | |
Alexander T Erkiletian Vice President | 0.25 | $0 | |
Mihran C Erkiletian Vice President | 0.25 | $0 | |
Samuel A Erkiletian Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $178,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,155 |
| Capital Gain Net Income | $29,155 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,600 |
| Total Revenue | $213,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,389 |
| Total operating and administrative expenses | $21,937 |
| Contributions, gifts, grants paid | $308,000 |
| Total expenses and disbursements | $329,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,157 |
| Savings and temporary cash investments | $19,036 |
| 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 | $4,233,921 |
| 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 | $5,688,222 |
| Accounts payable and accrued expenses | $2,304 |
| 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 | $2,304 |
Grants Awarded
Over the last fiscal year, Erkiletian Family Foundation has awarded $308,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER CREST FOUNDATION PURPOSE: MISSION IS TO FACILITATE POSTTRAUMATIC GROWTH (PTG) THROUGH TRANSFORMATIVE PROGRAMS, WORLD-CLASS TRAINING AND EDUCATION INITIATIVES, RESEARCH, AND ADVOCACY. | $5,000 |
CALIFORNIA FIRE FOUNDATION PURPOSE: A RANGE OF PROGRAMS THAT SUPPORT FIREFIGHTERS, THEIR FAMILIES, AND THE COMMUNITIES THEY SERVE. | $1,000 |
CHILDREN'S NATIONAL HOSPITAL FOUNDATION PURPOSE: PROVIDE WORLD-CLASS CARE AND RESEARCH FOR KIDS IN THE WASHINGTON, D.C. REGION AND BEYOND. | $5,500 |
CHESAPEAKE BAY FOUNDATION PURPOSE: FIGHT FOR EFFECTIVE, SCIENCE-BASED SOLUTIONS TO THE POLLUTION DEGRADING THE CHESAPEAKE BAY AND ITS RIVERS AND STREAMS. | $20,000 |
EMERGING SCHOLARS PURPOSE: PROVIDING LEADERSHIP AND EDUCATIONAL OPPORTUNITY AND SUPPORT FOR YOUNG STUDENTS. | $115,000 |
EASTER ISLAND FOUNDATION PURPOSE: SUPPORTS THE PRESERVATION OF THE RAPA NUI HERITAGE AND CULTURE THROUGH EDUCATION. | $2,000 |