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 12/2021, Paros Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 13.5% per year over the past 6 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 21 individual grants totaling $4,475,138. 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

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT NOR LUYCE 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
Parseh Abajian
Director
$160,000
Narine Panosian
Deputy Director
$56,333
Roger A Strauch
President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,685,762
Interest on Savings $40
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $881
Capital Gain Net Income $76,870
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,686,683

Grants Awarded

Over the last fiscal year, The Paros Foundation has awarded $1,517,317 in support to 4 organizations.

Grant RecipientAmount

THE PAROS 100 PROJECT

PURPOSE: CHARITABLE CONTRIBUTION

$1,466,257

MANANA

PURPOSE: CHARITABLE CONTRIBUTION

$17,800

NOR LUYCE

PURPOSE: CHARITABLE CONTRIBUTION

$17,152

GHOGHANJ CHILDREN'S CENTER

PURPOSE: CHARITABLE CONTRIBUTION

$16,108
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that The Paros Foundation has recieved totaling $528,673.

Awarding OrganizationAmount
The@mosse Foundation

Berkeley, CA

PURPOSE: CHARITABLE ORGANIZATION - SEE ATTACHED EXPENDITURE REPORT

$329,423
John Mirak Foundation

Arlington, MA

PURPOSE: GENERAL PURPOSE

$50,000
Cherchian Family Foundation Inc

Hartland, WI

PURPOSE: GENERAL FUND

$35,000
United Armenian Charities Inc

New York, NY

PURPOSE: RAISE AWARENESS OF ARMENIAN CULTURE AND PROMITE IT ON THE WORLD STAGE

$35,000
United Armenian Charities Inc

New York, NY

PURPOSE: RAISE AWARENESS OF ARMENIAN CULTURE AND PROMITE IT ON THE WORLD STAGE

$26,000
United Armenian Charities Inc

New York, NY

PURPOSE: RAISE AWARENESS OF ARMENIAN CULTURE AND PROMITE IT ON THE WORLD STAGE

$20,000
View Grant Recipient Profile

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