Cherchian Family Foundation Inc

Organization Overview

Cherchian Family Foundation Inc is located in Wauwatosa, WI. The organization was established in 2008. 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. Cherchian Family Foundation Inc 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, Cherchian Family Foundation Inc generated $72.9k 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 (5.6%) each year. All expenses for the organization totaled $208.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Cherchian Family Foundation Inc has awarded 296 individual grants totaling $1,053,892. 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)Compensation
Ara Cherchian
President
$0
Pete Cherchian
Secretary
$0
Alex Cherchian
Director
$0
Armen Tchertchian
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $26,454
Net Rental Income$0
Net Gain on Sale of Assets $46,405
Capital Gain Net Income $46,405
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $72,859

Grants Awarded

Over the last fiscal year, Cherchian Family Foundation Inc has awarded $198,200 in support to 24 organizations.

Grant RecipientAmount

ARMENIA TREE PROJECT

PURPOSE: GENERAL FUND

$1,000

ARMENIAN ASSEMBLY OF AMERICA

PURPOSE: GENERAL FUND

$1,000

AMERICAN UNIVERSITY OF ARMENIA

PURPOSE: GENERAL FUND

$3,000

ARMENIAN EYE CARE PROJ

PURPOSE: GENERAL FUND

$1,000

ARMENIAN NATIONAL COMMITTEE OF AMERICA

PURPOSE: GENERAL FUND

$1,000

BUGLES ACROSS AMERICA NFP

PURPOSE: GENERAL FUND

$200
View Grant Profile

Peer Organizations

Organization NameAssets
The Robert D And Patricia E Kern Family Foundation Inc
Waukesha, WI
$170,205,304
Fulk Family Foundation Inc
Chicago, IL
$5,187,231
Fred C And Katherine B Andersen Foundation
Bayport, MN
$55,268,450
The Richard M Schulze Family Foundation
Minneapolis, MN
$68,904,176
Dunard Fund Ltd
Northbrook, IL
$70,889,532
Grainger Foundation Inc
Lake Forest, IL
$7,146,048
Caterpillar Foundation
Peoria, IL
$77,740,833
Negaunee Foundation Ltd
Northbrook, IL
$111,485,176
Pritzker Foundation
Chicago, IL
$36,193,620
William R Kenan Jr Charitable Trust
Chicago, IL
$81,478,601
John Deere Foundation
Moline, IL
$17,667,361
Ford Motor Co Fund
Dearborn, MI
$53,071,640
Circle Of Service Foundation
Chicago, IL
$55,153,209
Alsam Foundation
Po Box Chica, IL
$9,030,574
Bader Philanthropies Inc
Milwaukee, WI
$41,185,717
Abbvie Foundation
North Chicago, IL
$12,199,592
Allstate Foundation
Northbrook, IL
$1,423,477
Polk Bros Foundation Inc
Chicago, IL
$57,050,478
Ace Hardware Foundation
Oak Brook, IL
$22,144,186
Kiewit Companies Foundation
Milwaukee, WI
$36,875,183
Northwest Area Foundation
St Paul, MN
$54,713,221
Trott Family Foundation
Chicago, IL
$2,395,873
U S Bancorp Foundation
Milwaukee, WI
$567,434
The Samuel And Jean Frankel Jewish Heritage Foundation
Troy, MI
$36,498,415
The Irving Harris Foundation
Chicago, IL
$21,579,671

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