Afeyan Foundation For Armenia Inc

CAMBRIDGE, MA EIN: 84-2341831

International, Foreign Affairs & National Security

Afeyan Foundation For Armenia Inc is a private foundation focused on International, Foreign Affairs & National Security, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.6M in total assets. In 2024, it awarded 10 grants totaling $4.5M. Net investment income was $7.7M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$20.6M

+16.7% YoY

Annual Giving

$4.5M

+24.4% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$455K

+12.0% YoY

Under IRS private-foundation payout rules, Afeyan Foundation For Armenia Inc reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

About Afeyan Foundation For Armenia Inc

Based on IRS filings

Focus Areas

International, Foreign Affairs & National Security

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $2.7M (77%)

Delaware $600K (17%)

Massachusetts $150K (4%)

Texas $50K (1%)

States

California Delaware Massachusetts Texas

Cities

DallasGlendaleWilmingtonWinchester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$20,629,458	$17,681,786	$16,307,205
Revenue	$7,702,050	$5,037,063	$761,168
Expenses	$4,754,378	$3,662,482	$667,561
Qualifying Distributions	$4,549,064	$3,656,000	$650,000
Net Investment Income	$7,702,050	$4,297,514	$329,391
Distributable Amount	$1,030,927	$1,147,862	$1,121,308

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Armenia Fund Inc ($1,750,000), Armenian Spiritual Revival Foundation ($580,000), Armenia 2041 Charity Foundation ($543,800).

Recipient	Purpose	Amount
Armenia 2041 Charity Foundation	To Support The Project For Strengthening And Revitalizing Diaspora Communities And Administrative Expenditures	$543,800
Armenian Spiritual Revival Foundation	To Foster The Development Of Mental Health Care Services Provided To The Armenian Population	$580,000
Henar Charitable Foundation	To Foster The Development Of Primary Care As The First Point Of Contact To Ensure Accessibility And Quality Of Care, Wellness And Healthy Living.	$500,000
Afeyan Initiatives for Armenia	General operating	$159,654
Armenia Fund Inc GLENDALE, CA	Support The People Of Armenia	$1,750,000
The Future Armenian Development	To Improve And Expand The Mechanism Of The Future Armenian Assemblies With A View To Held Or Support Citizen Assemblies In Diaspora And Armenian Communities, Other Regional Forums, And Similar Projects For Strengthening And Revitalizing Diaspora Communities.	$210,000
Friends of Fast Glendale, CA	Development Of Science And Technology In Armenia, And Thereby Enhancing The Competitiveness Of Armenia. The Foundation For Armenian Science And Technology (Fast) Is A Non-Profit Rganization Established In 2017 With The Mission To Build An Ecosystem That Drives Technological Innovation And Scientific Advancement In Armenia And Beyond. It Has Us Certified Public Charity Status By Ngosource, A Project Of Council On Foundations, And Techsoup.	$250,000
UWC Dilijan International School In Armenia	To Support Education In Armenia	$400,000
Sardarapat Football Club	To Support The Design And Implementation Of The Projects That Improving The Living And Educational Conditions Of The Children In Armenia, Through Innovative Programmes Centred Around Sport, And Football In Particular	$104,834
Tumo Foundation Dallas, TX	General operating	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NOUBAR B AFEYAN	PRESIDENT	5	—
Anna Afeyan	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

International, Foreign Affairs & National Security

Frequently Asked Questions

What is Afeyan Foundation For Armenia Inc?

Afeyan Foundation For Armenia Inc is a private foundation focused on International, Foreign Affairs & National Security, based in CAMBRIDGE, MA. It holds $20.6M in total assets as of 2024.

How large is Afeyan Foundation For Armenia Inc?

As of 2024, Afeyan Foundation For Armenia Inc holds $20.6M in total assets with $7.7M in annual revenue. It awarded 10 grants totaling $4.5M in 2024.

Where does Afeyan Foundation For Armenia Inc operate?

Afeyan Foundation For Armenia Inc has awarded grants in California, Delaware, Massachusetts, Texas.

What size grants does Afeyan Foundation For Armenia Inc award?

In 2024, Afeyan Foundation For Armenia Inc awarded 10 grants totaling $4.5M — an average of about $455K per grant, based on its IRS Form 990 filings.

How much is Afeyan Foundation For Armenia Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Afeyan Foundation For Armenia Inc reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Afeyan Foundation For Armenia Inc's EIN?

Afeyan Foundation For Armenia Inc's EIN (Employer Identification Number) is 84-2341831. IRS Form 990 filing data is available on this page for 2020–2024.