Armenia Empyrean Foundation

WILMINGTON, DE EIN: 20-8038153

Armenia Empyrean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 17 grants totaling $286K. Net investment income was $190K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

+108.4% YoY

Annual Giving

$286K

+100.4% YoY

Grant Count

17

+70.0% YoY

Avg Grant Size

$17K

+17.9% YoY

Under IRS private-foundation payout rules, Armenia Empyrean Foundation reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About Armenia Empyrean Foundation

Based on IRS filings

Armenia Empyrean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 17 grants totaling $286K. Net investment income was $190K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BelmontBostonCambridgeGlendaleNew YorkNorth HollywoodParamusPasadenaS PortlandUnion CityWashingtonWatertownWellesleyWinona

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$783K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$4,904,164$2,352,819$2,392,748
Revenue$2,847,471$112,501$78,269
Expenses$296,126$152,430$221,645
Qualifying Distributions$293,428$150,175$211,275
Net Investment Income$190,385$111,646$313,258
Distributable Amount$115,787$112,242$114,866

Giving Over Time

Total grant dollars and number of grants per year

$0$71K$143K$214K$286K4 grants20207 grants20219 grants202210 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

VEM USA INC$110KFRIENDS OF FAST$35KVEM USA INC$30KARMENIAN GENERAL BENEVOL…$25KYERAZART INC$25KARMENIAN INTERNATIONAL W…$10KAMERICAN UNIVERSITY OF A…$10KARMENIAN ASSEMBLY OF AME…$10KARMENIAN ASSEMBLY OF AME…$10KST MARYS UNIVERSITY OF M…$10K

Grant Size Distribution

47 grants across all recorded years

45<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vem Usa Inc ($110,000), Friends of Fast ($35,000), Vem Usa Inc ($30,000).

RecipientPurposeAmount
AMERICAN UNIVERSITY OF ARMENIA CORPORATION GLENDALE, CAGeneral & Unrestricted$10,000
ARMENIAN ASSEMBLY OF AMERICA INC WASHINGTON, DCGeneral & Unrestricted$10,000
ARMENIAN ASSEMBLY OF AMERICA INC WASHINGTON, DCCharitable Event$10,000
ARMENIAN BONE MARROW DONOR REGISTRY CORP GLENDALE, CAGeneral & Unrestricted$1,000
ARMENIAN GENERAL BENEVOLENT UNION PASADENA, CAGeneral & Unrestricted$25,000
ARMENIAN INTERNATIONAL WOMENS ASSOCIATION INC WATERTOWN, MAGeneral & Unrestricted$10,150
ARMENIAN MISSIONARY ASSOC OF AMER INC PARAMUS, NJGeneral & Unrestricted$3,600
FRIENDS OF FAST NORTH HOLLYWOOD, CAAI Education Fund$35,000
GOALS FOR GIRLS INC WASHINGTON, DCGeneral & Unrestricted$1,100
HOLY CROSS ARMENIAN CHURCH UNION CITY, NJGeneral & Unrestricted$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Raffi FestekjianPres, Dir, Sec1
Nina MetrebianDir1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Armenia Empyrean Foundation?

Armenia Empyrean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.9M in total assets as of 2024.

How large is Armenia Empyrean Foundation?

As of 2024, Armenia Empyrean Foundation holds $4.9M in total assets with $2.8M in annual revenue. It awarded 17 grants totaling $286K in 2024.

Where does Armenia Empyrean Foundation operate?

Armenia Empyrean Foundation has awarded grants in California, District of Columbia, Massachusetts, Maine, Minnesota, New Jersey, New York.

What size grants does Armenia Empyrean Foundation award?

In 2024, Armenia Empyrean Foundation awarded 17 grants totaling $286K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Armenia Empyrean Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Armenia Empyrean Foundation reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Armenia Empyrean Foundation's EIN?

Armenia Empyrean Foundation's EIN (Employer Identification Number) is 20-8038153. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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