Z Victor Paparigian And Marion V Paparigian Charitable Foundation
- Assets
- $1.6m
- Revenue
- $15.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Big Bear Lake, CA
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 77-0468904
Organization Overview
Z Victor Paparigian And Marion V Paparigian Charitable Foundation is located in Big Bear Lake, CA. The organization was established in 1998. 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. Z Victor Paparigian And Marion V Paparigian Charitable 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 12/2022, Z Victor Paparigian And Marion V Paparigian Charitable Foundation generated $15.8k 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 (28.1%) each year. All expenses for the organization totaled $84.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Z Victor Paparigian And Marion V Paparigian Charitable Foundation has awarded 14 individual grants totaling $101,000. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zari Semerdjian Vice President | 8 | $10,000 | |
Vivian Moutafian Secretary | 8 | $10,000 | |
Zaven V Paparigian President | 8 | $10,000 | |
Zabelle L Crosson Treasurer | 8 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $22,367 |
| Dividends & Interest | $26,428 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,019 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,776 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,775 |
| Total operating and administrative expenses | $56,285 |
| Contributions, gifts, grants paid | $27,700 |
| Total expenses and disbursements | $83,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,763 |
| 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 | $828,890 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,551,065 |
| 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, Z Victor Paparigian And Marion V Paparigian Charitable Foundation has awarded $27,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST ANDREW ARMENIAN CHURCH PURPOSE: SUPPORT OF VARIOUS RELIGIOUS ACTIVITIES | $5,000 |
ST GREGORY ARMENIAN CHURCH PURPOSE: SUPPORT OF VARIOUS RELIGIOUS ACTIVITIES | $500 |
ARMENIAN EYECARE PROJECT PURPOSE: NON PROFIT ORGANIZATION | $3,000 |
AMERICAN UNIVERSITY OF ARMENIA PURPOSE: NON PROFIT ORGANIZATION | $3,000 |
WESTERN DIOCESE OF ARMENIAN CHURCH PURPOSE: NON PROFIT ORGANIZATION | $16,200 |