Bertha And John Garabedian Charit Foundation 022-2531560
- Assets
- $1.5m
- Revenue
- $402.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1993
- Data as of
- 07/2024
- EIN
- 94-3188321
Organization Overview
Bertha And John Garabedian Charit Foundation 022-2531560 is located in Dallas, TX. The organization was established in 1993. 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. Bertha And John Garabedian Charit Foundation 022-2531560 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 07/2024, Bertha And John Garabedian Charit Foundation 022-2531560 generated $402.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $761.9k during the year ending 07/2024. While expenses have increased by 5.9% per year over the past 5 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 2020, Bertha And John Garabedian Charit Foundation 022-2531560 has awarded 402 individual grants totaling $1,741,750. 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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 1 | $32,986 | |
Malcolm H Stewart Co-Trustee | 1 | $22,262 | |
Silvestre Arias Co-Trustee | 1 | $22,262 | |
Dr H Tookoian Co-Trustee | 1 | $3,654 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,376 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $335,117 |
| Capital Gain Net Income | $335,117 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $923 |
| Total Revenue | $402,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $81,164 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75 |
| Total operating and administrative expenses | $190,668 |
| Contributions, gifts, grants paid | $571,250 |
| Total expenses and disbursements | $761,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,469 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $1,506,245 |
| 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, Bertha And John Garabedian Charit Foundation 022-2531560 has awarded $571,250 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
ALFRED UNIVERSITY PURPOSE: MIRACLE AT MERRILL ENDOWED | $1,500 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED GENERAL | $1,500 |
ARMENIAN TECHNOLOGY GROUP INC PURPOSE: CENTRAL DIAGNOSTIC LAB FOR | $8,750 |
ARMENIAN HERITAGE MUSEUM PURPOSE: ESTABLISH PERMANENT | $2,500 |
BALLET FOLKLORICO Y MARIMBA DE FRESNO PURPOSE: UNRESTRICTED GENERAL | $2,000 |
BIG BROTHERS BIG SISTERS OF CENTRAL CA PURPOSE: SUPPORT 'KIDS WITH | $5,000 |