Armenian Educational Foundation Inc

Organization Overview

Armenian Educational Foundation Inc is located in Glendale, CA. The organization was established in 1995. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Armenian Educational 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 12/2021, Armenian Educational Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 19.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING GRANTS THAT CONTRIBUTE TO THE GOALS OF ARMENIAN EDUCATION AND HERITAGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANT RECEIPIENTS ARE ORGANIZATIONS, SCHOOLS, CHURCHES AND INDIVIDUALS, THATINSEMINATE AND PROMOTE THE ARMENIAN HERITAGE, ITS RELIGIOUS BELEIFS, HISTORYAND LANGUAGE


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Board, Officers & Key Employees

Name (title)Compensation
Al Cabraloff
President
$0
Peter Baghdassarian ESQ
Vice President
$0
Teny Haroutunian MD
Asst Secretary
$0
Melody Petrossian ESQ
Secretary
$0
Vahe Hacopian
Treasurer
$0
Hermineh Pakhanians
Asst Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,952,008
Noncash contributions included in lines 1a–1f $144,464
Total Revenue from Contributions, Gifts, Grants & Similar$1,952,008
Total Program Service Revenue$0
Investment income $142,284
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,130,869

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Armenian Educational Foundation Inc has recieved totaling $145,698.

Awarding OrganizationAmount
Armenian Wounded Heroes Fund Inc

Ridgewood, NJ

PURPOSE: CHARITY DONATION SUPPORT STUDENT SCHOLARSHIPS FOR VETERANS IN ARMENIA

$50,000
Armen & Gloria Hampar Family Foundation

Toluca Lake, CA

PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO ARMENIAN EDUCATIONAL INSTITUTIONS AND TO ASSIST STUDENTS OF ARMENIAN HERITAGE.

$40,000
Hagop J & Sonia L Koujakian Foundation

San Francisco, CA

PURPOSE: FOR EDUCATIONAL PURPOSES

$27,100
Bright Funds Foundation

San Jose, CA

PURPOSE: GENERAL PURPOSE

$13,100
Daniel And Ludmila Sahakian Foundation

State College, PA

PURPOSE: 10 STUDENT SCHOLARSHIPS 21-22 ACADEMIC YEAR

$10,000
Tf Educational Foundation

Rancho Palos Verdes, CA

PURPOSE: FOR GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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