Galadjian Family Foundation
- Assets
- $3.0m
- Revenue
- -$30.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- La Canada, CA
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 81-0857451
Organization Overview
Galadjian Family Foundation is located in La Canada, CA. The organization was established in 2017. 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. Galadjian Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Galadjian Family Foundation has awarded 47 individual grants totaling $668,858. 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 | $20,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $21,993 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$72,218 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$30,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,539 |
| Total operating and administrative expenses | $23,750 |
| Contributions, gifts, grants paid | $157,700 |
| Total expenses and disbursements | $181,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,744 |
| Savings and temporary cash investments | $0 |
| 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 | $2,944,290 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,006,034 |
| 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, Galadjian Family Foundation has awarded $157,700 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AGBU MANOOGIAN - DEMIRDJIAN SCHOOL PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
ALEX & ROSE PILIBOS ARMENIAN SCHOOL PURPOSE: EDUCATIONAL PURPOSES | $5,700 |
AMERICAN ARMENIAN BASKETBALL ASSOCIATION PURPOSE: ATHLETES AND SCOUTS PROGRAMS | $40,000 |
ARMENIAN WOUNDED HEROS FUND PURPOSE: CHARITABLE PURPOSES | $10,000 |
HOLY MARTYRS FERRAHIAN HIGH SCHOOL PURPOSE: EDUCATIONAL PURPOSES | $5,000 |
HOMENETMEN PURPOSE: TO PROVIDE KIDS OF ARMENIAN COMMUNITY WITH A SAFE AND SOUND ENVIRONMENT | $20,000 |