Sarkisian Foundation
- Assets
- $792.7k
- Revenue
- $189.6k
- Investments
- $372.8k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-3983247
Organization Overview
Sarkisian Foundation is located in Tucson, AZ. The organization was established in 2007. 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. Sarkisian 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, Sarkisian Foundation generated $189.6k in total revenue. All expenses for the organization totaled $88.5k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 4 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 2020, Sarkisian Foundation has awarded 38 individual grants totaling $170,488. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Noble Vice President | 0 | $0 | |
Ralph Sarkisian President | 0.5 | $0 | |
John Hayes Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $32 |
| Dividends & Interest | $6,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,445 |
| Capital Gain Net Income | $108,445 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $189,607 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $792 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,839 |
| Total operating and administrative expenses | $4,679 |
| Contributions, gifts, grants paid | $83,850 |
| Total expenses and disbursements | $88,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,938 |
| Savings and temporary cash investments | $0 |
| 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 | $372,752 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $792,690 |
| 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, Sarkisian Foundation has awarded $83,850 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Paramus, NJ PURPOSE: GENERAL FUNDS | $12,000 |
Chicago, IL PURPOSE: GENERAL FUNDS | $12,000 |
ARMENIAN DIOCESE OF AMERICA PURPOSE: GENERAL FUNDS | $10,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL FUNDSGENERAL FUNDS | $6,000 |
Union City, NJ PURPOSE: GENERAL FUNDS | $5,000 |
MERCY CENTER PURPOSE: GENERAL FUNDS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James G Boswell Foundation Pasadena, CA | $149,317,114 | $5,540,300 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Dj And T Foundation San Marino, CA | $47,605 | $2,666,565 |
Terasaki Family Foundation Los Angeles, CA | $55,847,762 | $8,456,920 |
The Green Foundation Pasadena, CA | $146,510,073 | $6,369,927 |
Winifred Stevens Foundation Tempe, AZ | $145,980,607 | $5,750,312 |
Smidt Foundation Beverly Hills, CA | $297,009,974 | $102,197,850 |
Arizona Sheet Metal Trade Trust Fund Phoenix, AZ | $16,953,948 | $8,730,285 |
Baker Street Foundation San Francisco, CA | $111,419,700 | $19,294,792 |
Pivotal Foundation Phoenix, AZ | $29,461,930 | $23,938,101 |
Fletcher Jones Foundation Pasadena, CA | $171,018,850 | $2,557,259 |
Angell Foundation Los Angeles, CA | $118,335,921 | $5,741,529 |