Armenian Youth Foundation Inc
To acquaint and educate young people with armenian culture, history, and literature
Armenian Youth Foundation Inc at a glance
In short: Armenian Youth Foundation Inc gave $31K across 3 grants in 2024 (avg $10K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,571
- -11.1% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $10,190
- -11.1% vs 2023
- Median grant
- $10,150
- Total assets
- $904,592
- +8.4% vs 2023
- Primary geography
- Massachusetts (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Armenian Youth Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Armenian Sister Academy ($17K). Together the top 3 received $31K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Armenian Youth Foundation Inc gives
- Giving grew 55% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $9K (2019) to $40K (2020). In 2024 it made 3 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Armenian Sister Academy Medway, MA | Education | $17,349 |
| American Youth Foundation Watertown, MA | Education | $10,150 |
| Armenian Engineer Scientists of Ame Glendale, CA | Education | $3,072 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $904,592 | $90,451 | $62,043 | $30,571 | 3 | $30,571 | $38,326 |
| 2023 | $834,204 | $48,151 | $35,991 | $34,375 | 3 | — | $20,446 |
| 2022 | $759,470 | $46,398 | $31,979 | $29,288 | 3 | — | $24,401 |
| 2021 | $852,340 | $68,452 | $24,346 | $19,752 | 2 | — | $48,652 |
| 2020 | $763,908 | $26,200 | $53,101 | $40,000 | 1 | — | $26,200 |
| 2019 | $738,198 | $70,726 | $18,589 | $9,130 | 1 | — | $55,120 |
About Armenian Youth Foundation Inc
Based on IRS filings
Armenian Youth Foundation Inc is a private foundation focused on Youth Development, based in Watertown, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $905K in total assets. In 2024, it awarded 3 grants totaling $31K. Net investment income was $38K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Armenian Youth Foundation Inc is led by Stepan Kanarian, President on every filing since 2021; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stepan Kanarian
President
On filings since 2021
No compensation reported
Ara Krafian
Director
Drector → Director, 2024
On filings since 2021
No compensation reported
Daron Topouzian
Director
On filings since 2021
No compensation reported
Hagop Antranigian
Director
On filings since 2021
No compensation reported
Haig Altoonian
Director
On filings since 2021
No compensation reported
Lucy Hoosian
Director
On filings since 2021
No compensation reported
Michael Gostanian
Director
On filings since 2021
No compensation reported
Michael Guzelian
Director
Diurector → Director, 2024
On filings since 2021
No compensation reported
Nora Kzirian
Director
On filings since 2021
No compensation reported
Gary V Aprahamian
Treasurer
On filings since 2019
No compensation reported
Robert S Tutunjian
Vice President
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Armenian Youth Foundation Inc
How much does Armenian Youth Foundation Inc give each year?
Armenian Youth Foundation Inc gave $31K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $34K across 3 grants.
What is Armenian Youth Foundation Inc's typical grant size?
Armenian Youth Foundation Inc's median grant in 2024 was $10,150, and its average grant was $10,190, across 3 grants on its 2024 IRS Form 990-PF.
Where does Armenian Youth Foundation Inc give grants?
Armenian Youth Foundation Inc gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (10%).
Does Armenian Youth Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Armenian Youth Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (3 grants).
How large is Armenian Youth Foundation Inc?
Armenian Youth Foundation Inc reported $905K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $90K.
What is Armenian Youth Foundation Inc?
Armenian Youth Foundation Inc is a private foundation focused on Youth Development, based in Watertown, MA. It holds $905K in total assets as of 2024.
What is Armenian Youth Foundation Inc's EIN?
Armenian Youth Foundation Inc's EIN (Employer Identification Number) is 23-7319850. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 17, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 15, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Added Form 990-PF for fiscal year 2024 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2023
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