Afeyan Foundation For Armenia Inc
Afeyan Foundation For Armenia Inc is a private foundation based in Cambridge, Massachusetts. Its 2024 filing lists grants supporting organizations and projects connected to Armenia, including humanitarian assistance, health care, education, science and technology, sport, and diaspora communities.
Afeyan Foundation For Armenia Inc at a glance
In short: Afeyan Foundation For Armenia Inc gave $4.5M across 10 grants in 2024 (avg $455K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $4,548,288
- +24.4% vs 2023
- Grants made (2024)
- 10
- +11.1% vs 2023
- Average grant
- $454,829
- +12.0% vs 2023
- Median grant
- $325,000
- Total assets
- $20,629,458
- +16.7% vs 2023
- Primary geography
- California (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Afeyan Foundation For Armenia Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 55 Cambridge Parkway Suite 800E, Cambridge, MA 02142
Phone: (617) 218-1600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Afeyan Foundation For Armenia Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Armenia Fund Inc ($1.8M). Together the top 10 received $4.5M.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was in the $500K–1M range: 8 grants of 23 (35%).
Geographic Focus
Where this funder awards grants
The filing lists grant recipients in California and Texas, as well as recipients whose state is not specified. The grants directly show support for organizations and projects related to Armenia.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
How Afeyan Foundation For Armenia Inc gives
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 313% from 2021 to 2024. Method
- In 2024 it paid out 441% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $650K (2022) to $4.5M (2024). In 2024 it made 10 grants totaling $4.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Armenia Fund Inc Glendale, CA | Support The People Of Armenia | $1,750,000 |
| Armenian Spiritual Revival Foundation | To Foster The Development Of Mental Health Care Services Provided To The Armenian Population | $580,000 |
| Armenia 2041 Charity Foundation | To Support The Project For Strengthening And Revitalizing Diaspora Communities And Administrative Expenditures | $543,800 |
| 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 |
| UWC Dilijan International School In Armenia | To Support Education In Armenia | $400,000 |
| 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 |
| 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 |
| Afeyan Initiatives for Armenia | General operating | $159,654 |
| 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 |
Ready to take the next step with Afeyan Foundation For Armenia Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $20,629,458 | $7,702,050 | $4,754,378 | $4,548,288 | 10 | $4,549,064 | $7,702,050 | $1,030,927 |
| 2023 | $17,681,786 | $5,037,063 | $3,662,482 | $3,656,000 | 9 | $3,656,000 | $4,297,514 | $1,147,862 |
| 2022 | $16,307,205 | $761,168 | $667,561 | $650,000 | 2 | $650,000 | $329,391 | $1,121,308 |
| 2021 | $16,213,598 | $1,106,998 | $1,100,000 | $1,100,000 | 2 | $1,100,000 | $421,593 | $945,232 |
| 2020 | $16,206,600 | $16,206,600 | — | — | — | — | — | $665,146 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for the people of Armenia, mental health care, primary care, education, science and technology, and projects focused on diaspora communities and children’s living and educational conditions.
Among its grantees, Friends of FAST describes its mission as fostering scientific advancement in Armenia and beyond and contributing to Armenia’s future in science and technology. Tumo Foundation describes its mission as providing free after-school educational programming to teens at the intersection of design and technology.
Grantmaking
In filing year 2024, the foundation reported 10 grants totaling $4,548,288. Grants ranged from $50,000 to $1,750,000, with a median of $325,000.
Notable grants included $1,750,000 to Armenia Fund Inc to support the people of Armenia; $580,000 to Armenian Spiritual Revival Foundation for mental health care services; $543,800 to Armenia 2041 Charity Foundation for a project strengthening and revitalizing diaspora communities and administrative expenses; $500,000 to Henar Charitable Foundation for primary care; and $400,000 to UWC Dilijan International School in Armenia for education. Other grants included $250,000 to Friends of FAST for science and technology development, $210,000 to The Future Armenian Development for assemblies and related community projects, $159,654 to Afeyan Initiatives for Armenia for general operating support, $104,834 to Sardarapat Football Club for projects improving children’s living and educational conditions through sport, and $50,000 to Tumo Foundation for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Noubar B Afeyan as president and Anna Afeyan as a director.
Afeyan Foundation For Armenia Inc is led by Noubar B. Afeyan, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Noubar B. Afeyan
President
On filings since 2020
5 hrs/week
No compensation reported
Anna Afeyan
Director
New on the 2024 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Afeyan Foundation For Armenia Inc
How much does Afeyan Foundation For Armenia Inc give each year?
Afeyan Foundation For Armenia Inc gave $4.5M across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.7M across 9 grants.
What is Afeyan Foundation For Armenia Inc's typical grant size?
Afeyan Foundation For Armenia Inc's median grant in 2024 was $325,000, and its average grant was $454,829, across 10 grants on its 2024 IRS Form 990-PF.
Where does Afeyan Foundation For Armenia Inc give grants?
Afeyan Foundation For Armenia Inc's top state is California, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The most frequent recipient cities were Glendale, CA (2 grants).
Does Afeyan Foundation For Armenia Inc give general operating support?
Yes: 20% of Afeyan Foundation For Armenia Inc's 2024 grants with a stated purpose (2 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Afeyan Foundation For Armenia Inc's largest grantees?
Afeyan Foundation For Armenia Inc's largest 2024 grantees include Armenia Fund Inc ($1,750,000), Armenian Spiritual Revival Foundation ($580,000) and Armenia 2041 Charity Foundation ($543,800), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.
How large is Afeyan Foundation For Armenia Inc?
Afeyan Foundation For Armenia Inc reported $20.6M in total assets on its 2024 IRS Form 990-PF. It paid out $4.5M in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets).
What does Afeyan Foundation For Armenia Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for the people of Armenia, mental health care, primary care, education, science and technology, and projects focused on diaspora communities and children’s living and educational conditions. See mission & focus areas ↑
How do I apply for a grant from Afeyan Foundation For Armenia Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Afeyan Foundation For Armenia Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Afeyan Foundation For Armenia Inc funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/afeyan-foundation-for-armenia-inc-morg_7115a8e914ea4db7966ac7a59fc09b60
BibTeX
@misc{grantable_842341831_2026,
author = {{Grantable}},
title = {{Afeyan Foundation For Armenia Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/afeyan-foundation-for-armenia-inc-morg_7115a8e914ea4db7966ac7a59fc09b60},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Afeyan Foundation For Armenia Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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