Avedisian 575 Foundation Inc

Foundation · Grantmaker Wellesley, MA EIN: 85-4149364

THE ENTITY SUPPORTS EDUCATIONAL AND RELIGIOUS PROGRAMS AT RECOGNIZED SECTION 501(C)(3) EXEMPT ENTITIES.

Key facts about Avedisian 575 Foundation Inc

EIN
85-4149364
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,455,000
Grants made (2024)
6
Average grant
$909,167
Median grant
$115,000
Total assets
$6,534,124
Primary geography
Massachusetts (92% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Avedisian 575 Foundation Inc funds

By grant dollars, the top recipient states for Avedisian 575 Foundation Inc's 6 itemized 2024 grants were Massachusetts (92%). The most frequent recipient cities were New York, NY (2 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How Avedisian 575 Foundation Inc gives

  • Giving grew 23162% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.5M

+20210.6% YoY

Annual Giving

$5.5M

+356.5% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$909K

+204.3% YoY

About Avedisian 575 Foundation Inc

Based on IRS filings

Avedisian 575 Foundation Inc is a nonprofit organization focused on Education, based in Wellesley, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 6 grants totaling $5.5M. Net investment income was $65K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 6 itemized 2024 grant dollars.

Cities

New YorkCambridgeParamusWashingtonGlendaleSeattleSpokaneWatertownWellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M20202021202220232024
Metric202420232022
Total Assets$6,534,124$32,171$766,447
Revenue$13,114,173$331,200$6,211
Expenses$6,629,210$1,207,510$76,450
Qualifying Distributions———
Net Investment Income$65,307$306,200$6,211
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M0 grants20202 grants20214 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Saint James Armenian Church: $5.0MSaint James Armenian Church$5.0MAmerican University of Armenia: $150KAmerican University of Armenia$150KThe Max Foundation: $130KThe Max Foundation$130KArmenian Church Endowment Fund: $100KArmenian Church Endowment Fund$100KDiocese of the Armenian Church of America - Eastern: $50KDiocese of the Armenian Churchof America - Eastern$50KArmenian American Medical Association Inc: $25KArmenian American MedicalAssociation Inc$25K

Grant Size Distribution

16 grants across all recorded years

9<$50K1$50–100K4$100–250K$250–500K$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Saint James Armenian Church ($5,000,000), American University of Armenia ($150,000), The Max Foundation ($130,000).

RecipientPurposeAmount
SAINT JAMES ARMENIAN CHURCH Watertown, MASUPPORT FOR LAND AND BUILDING PURCHASE AND EXPANSION$5,000,000
AMERICAN UNIVERSITY OF ARMENIA Glendale, CACOLLEGE STUDENTS SCHOLARSHIP FUNDING AND SUPPORT$150,000
THE MAX FOUNDATION Seattle, WASUPPORT FOR THE TREATMENT OF CRITICAL ILLNESS AND CANCER TREATMENT PROGRAMS$130,000
ARMENIAN CHURCH ENDOWMENT FUND New York, NYSUPPORT FOR EDWARD ONANIAN MEMORIAL ENDOWMENT FUND$100,000
DIOCESE OF THE ARMENIAN CHURCH OF AMERICA - EASTERN New York, NYSUPPORT FOR BISHOP'S ANNUAL APPEAL$50,000
ARMENIAN AMERICAN MEDICAL ASSOCIATION INC Wellesley, MASUPPORT FOR ARAM CHOBANIAN LECTURE SERIES$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Pamela AvedisianPresident/Treasurer2—
Zvart OnanianDirector1—
Laurie OnanianClerk/Director1—
Craig AvedisianDirector1—
Susan JerianDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Avedisian 575 Foundation Inc?

Avedisian 575 Foundation Inc is a nonprofit organization focused on Education, based in Wellesley, MA. It holds $6.5M in total assets as of 2024.

How large is Avedisian 575 Foundation Inc?

As of 2024, Avedisian 575 Foundation Inc holds $6.5M in total assets with $13.1M in annual revenue. It awarded 6 grants totaling $5.5M in 2024.

Where does Avedisian 575 Foundation Inc operate?

Avedisian 575 Foundation Inc has awarded grants in California, District of Columbia, Massachusetts, New Jersey, New York, Washington.

What size grants does Avedisian 575 Foundation Inc award?

In 2024, Avedisian 575 Foundation Inc awarded 6 grants totaling $5.5M — an average of about $909K per grant, based on its IRS Form 990 filings.

What is Avedisian 575 Foundation Inc's EIN?

Avedisian 575 Foundation Inc's EIN (Employer Identification Number) is 85-4149364. IRS Form 990 filing data is available on this page for 2020–2024.

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

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