Lazarian Foundation Inc
- Assets
- $1.1m
- Revenue
- $59.4k
- Investments
- $1.1m
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 10/1999
- Data as of
- 12/2021
- EIN
- 95-4740552
Organization Overview
Lazarian Foundation Inc is located in Pasadena, CA. The organization was established in 1999. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Lazarian 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, Lazarian Foundation Inc generated $59.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.8% each year . All expenses for the organization totaled $106.5k during the year ending 12/2021. While expenses have increased by 33.0% 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.
Since 2015, Lazarian Foundation Inc has awarded 73 individual grants totaling $387,900. 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 |
|---|---|---|---|
Stephen H Lazarian Jr VP / Director | 2 | $0 | |
Darlene Lazarian Ward Secretary / Dir | 2 | $0 | |
Kristen Lazarian CFO / Director | 2 | $0 | |
Stan Lazarian CEO / Director | 10 | $0 | |
Sean Lazarian Director | 1 | $0 | |
Jeremy Rose Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,480 |
| Interest on Savings | $1 |
| Dividends & Interest | $37,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,671 |
| Capital Gain Net Income | $2,671 |
| Net ST Capital Gain | $2,671 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,433 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $502 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,904 |
| Contributions, gifts, grants paid | $94,600 |
| Total expenses and disbursements | $106,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,846 |
| 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 | $1,060,824 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,070,670 |
| 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, Lazarian Foundation Inc has awarded $94,600 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ARMENIAN RELIEF AND DEVELOPMENT ASS PURPOSE: GENERAL SUPPORT | $29,000 |
Pasadena, CA PURPOSE: GENERAL SUPPORT | $26,000 |
HOPE LUTHERAN CHURCH AND SCHOOL PURPOSE: GENERAL SUPPORT | $7,000 |
MOSAIC PURPOSE: GENERAL SUPPORT | $5,000 |
YOUNG LIFE PURPOSE: GENERAL SUPPORT | $3,000 |
Murrieta, CA PURPOSE: GENERAL SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bright Funds Foundation San Jose, CA | $23,418,833 | $59,277,249 |
Monterey Peninsula Foundation Monterey, CA | $50,385,331 | $28,291,060 |
Tiger Woods Charity Event Corp Irvine, CA | $9,536,474 | $23,227,782 |
Pledgeling Foundation Venice, CA | $2,856,994 | $17,411,331 |
Social Impact Fund Los Angeles, CA | $12,584,440 | $14,562,924 |
Solidaire Network Inc Oakland, CA | $12,776,145 | $7,898,596 |
Century Club Of San Diego La Jolla, CA | $2,243,411 | $13,615,886 |
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |