Akian Foundation

Organization Overview

Akian Foundation is located in Valencia, CA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Akian 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 11/2022, Akian Foundation generated $773.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.3%) each year. All expenses for the organization totaled $401.0k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Akian Foundation has awarded 23 individual grants totaling $739,000. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $409,510
Interest on Savings $6,391
Dividends & Interest $62,442
Net Rental Income$0
Net Gain on Sale of Assets $295,569
Capital Gain Net Income $412,557
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $773,912

Grants Awarded

Over the last fiscal year, Akian Foundation has awarded $363,500 in support to 11 organizations.

Grant RecipientAmount

WESTERN DIOCESE OF THE ARMENIAN CHURCH

Org PageRecipient Profile

Burbank, CA

PURPOSE: GENERAL FUND

$150,000

AMERICAN UNIVERSITY OF ARMENIA

PURPOSE: GENERAL FUND

$55,000

ALDELPHI UNIVERSITY

Org PageRecipient Profile

Garden City, NY

PURPOSE: GENERAL FUND

$30,000

ANCA

PURPOSE: GENERAL FUND

$25,000

VEM USA

PURPOSE: GENERAL FUND

$25,000

Miami Beach, FL

PURPOSE: GENERAL FUND

$25,000
View Grant Profile

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