Armenian Heritage Tribute And Genocide Memorial Foundation Inc

Organization Overview

Armenian Heritage Tribute And Genocide Memorial Foundation Inc, operating under the name Armenian Heritage Foundation, is located in Watertown, MA. The organization was established in 2005. According to its NTEE Classification (A84) the organization is classified as: Commemorative Events, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Heritage 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, Armenian Heritage Foundation generated $214.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $153.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT, CONSTRUCTION AND MAINTENANCE OF THE ARMENIAN HERITAGE GENOCIDE MEMORIAL PARK ON THE ROSE KENNEDY GREENWAY IN BOSTON, MASSACHUSETTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENDITURES ARE FOR THE ONGOING MAINTENANCE OF THE MEMORIAL PARK ON THE GREENWAY IN BOSTON, MA. THE PARK OFFERS HOPE AND REFUGE FOR IMMIGRANTS LOOKING TO BEGIN NEW LIVES.


MISCELLANEOUS PROGRAMS


DONATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Lucy Hoosian
Secretary
$0
James Kalustian
President
$0
Karen Dederyan
Treasurer
$0
Bruce Bagdasarian
Vice President/director
$0
Walter Nahabedian
Director/vice Pres.
$0
Aram Arkun
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$94,605
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$94,605
Total Program Service Revenue$0
Investment income $85,425
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,457
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $214,487

Grants Awarded

Over the last fiscal year, Armenian Heritage Tribute And Genocide Memorial Foundation Inc has awarded $25,000 in support to 5 organizations.

Grant RecipientAmount

GREATER BOSTON IMMIGRANT DEFENSE FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: SUPPORT OPERATIONS

$5,000

IRISH INTERNATIONAL IMMIGRANT CENTER

Org PageRecipient Profile

Boston, MA

PURPOSE: SUPPORT OPERATIONS

$5,000

REFUGEPOINT

PURPOSE: SUPPORT OPERATIONS

$5,000

INTERNATIONAL INSTITUTE OF NEW ENGLAND

Org PageRecipient Profile

Boston, MA

PURPOSE: SUPPORT OPERATIONS

$5,000

MASSACHUSETTS IMMIGRANT & REFUGEE ADVOCACY COALITION

Org PageRecipient Profile

Boston, MA

PURPOSE: SUPPORT OPERATIONS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Armenian Heritage Tribute And Genocide Memorial Foundation Inc has recieved totaling $82,100.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$33,550
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$33,550
Boston Foundation Inc

Boston, MA

PURPOSE: Operating Support/Annual Fund

$7,500
Boston Foundation Inc

Boston, MA

PURPOSE: Operating Support/Annual Fund

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,513,953
Earnings$362,132
Admin Expense$25,032
Other Expense$81,870
Ending Balance$3,769,183

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