The Paros Foundation

Organization Overview

The Paros Foundation is located in Berkeley, CA. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations 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. Paros 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, Paros Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 8 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, Paros Foundation has awarded 30 individual grants totaling $7,426,702. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT DR. GARBIS APELIAN GARBIS,MD AND ITS CHARITABLE ACTIVITIES


TO SUPPORT THE MANANA YOUTH EDUCATIONAL CULTURAL CENTER AND ITS CHARITABLE ACTIVITIES


TO SUPPORT THE PAROS PROJECT AND ITS CHARITABLE ACTIVITIES


TO SUPPORT GHOGHANJ AND ITS CHARITABLE ACTIVITIES


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Board, Officers & Key Employees

Name (title)Compensation
Roger A Strauch
President
$0
Parseh Abajian
Director
$175,000
Narine Panosian
Deputy Director
$56,333

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,308,553
Interest on Savings $543
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets -$4,256
Capital Gain Net Income $193,689
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,304,840

Grants Awarded

Over the last fiscal year, The Paros Foundation has awarded $1,366,086 in support to 4 organizations.

Grant RecipientAmount

MANANA

PURPOSE: CHARITABLE CONTRIBUTION

$1,005

GHOGHANJ CHILDREN'S CENTER

PURPOSE: CHARITABLE CONTRIBUTION

$45,927

GENERAL DONATIONSDENTAL CLINIC

PURPOSE: CHARITABLE CONTRIBUTION

$13,973

THE PAROS 100 PROJECT

PURPOSE: CHARITABLE CONTRIBUTION

$1,305,181
View Grant Profile

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