Avedisian 575 Foundation Inc
The entity supports educational and religious programs at recognized section 501(c)(3) exempt entities.
Avedisian 575 Foundation Inc at a glance
In short: Avedisian 575 Foundation Inc gave $6.5M across 7 grants in 2024 (avg $926K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $6,478,665
- +442.1% vs 2023
- Grants made (2024)
- 7
- +75.0% vs 2023
- Average grant
- $925,524
- +209.8% vs 2023
- Median grant
- $130,000
- Total assets
- $6,534,124
- +20210.6% vs 2023
- Primary geography
- Massachusetts (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Avedisian 575 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Saint James Armenian Church ($5.0M). Together the top 7 received $6.5M.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 9 grants of 17 (53%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How Avedisian 575 Foundation Inc gives
- Giving grew 27528% 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 2021 to 2024, annual grant giving ranged from $23K (2021) to $6.5M (2024). In 2024 it made 7 grants totaling $6.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saint James Armenian Church Watertown, MA | Support for Land and Building Purchase and Expansion | $5,000,000 |
| Armenian Missionary Association of America Paramus, NJ | Support for Project Revive-Artsakh Refugees | $1,023,665 |
| American University of Armenia Glendale, CA | College Students Scholarship Funding and Support | $150,000 |
| The Max Foundation Seattle, WA | Support for the treatment of critical illness and cancer treatment programs | $130,000 |
| Armenian Church Endowment Fund New York, NY | Support for Edward Onanian Memorial Endowment Fund | $100,000 |
| Diocese of the Armenian Church of America - Eastern New York, NY | Support for Bishop's Annual Appeal | $50,000 |
| Armenian American Medical Association Inc Wellesley, MA | Support for Aram Chobanian Lecture Series | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $6,534,124 | $13,114,173 | $6,629,210 | $6,478,665 | 7 | $65,307 |
| 2023 | $32,171 | $331,200 | $1,207,510 | $1,195,000 | 4 | $306,200 |
| 2022 | $766,447 | $6,211 | $76,450 | $70,000 | 4 | $6,211 |
| 2021 | $1,373,701 | $1,003,660 | $29,950 | $23,450 | 2 | $3,660 |
About Avedisian 575 Foundation Inc
Based on IRS filings
Avedisian 575 Foundation Inc is a public charity 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 7 grants totaling $6.5M. Net investment income was $65K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Avedisian 575 Foundation Inc is led by Pamela Avedisian, President & Treasurer since 2022 (on filings since 2020); none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Pamela Avedisian
President & Treasurer
Clerk → President & Treasurer, 2022
On filings since 2020
2 hrs/week
No compensation reported
Craig Avedisian
Director
On filings since 2020
1 hr/week
No compensation reported
Laurie Onanian
Clerk & Director
Director → Clerk, 2022
Clerk → Clerk & Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Zvart Onanian
Director
On filings since 2020
1 hr/week
No compensation reported
Susan Jerian
Director
On filings since 2023
1 hr/week
No compensation reported
Former officers (1)
- Former: Edward Avedisian (2020–2021) — President
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 Avedisian 575 Foundation Inc
How much does Avedisian 575 Foundation Inc give each year?
Avedisian 575 Foundation Inc gave $6.5M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.2M across 4 grants.
What is Avedisian 575 Foundation Inc's typical grant size?
Avedisian 575 Foundation Inc's median grant in 2024 was $130,000, and its average grant was $925,524, across 7 grants on its 2024 IRS Form 990.
Where does Avedisian 575 Foundation Inc give grants?
Avedisian 575 Foundation Inc gives mostly in Massachusetts: 78% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New Jersey (16%). The most frequent recipient cities were New York, NY (2 grants).
Does Avedisian 575 Foundation Inc give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on Avedisian 575 Foundation Inc's 2024 IRS Form 990 were described as general or operating support.
Who are Avedisian 575 Foundation Inc's largest grantees?
Avedisian 575 Foundation Inc's largest 2024 grantees include Saint James Armenian Church ($5,000,000), Armenian Missionary Association of America ($1,023,665) and American University of Armenia ($150,000), according to its 2024 IRS Form 990. Together they received 95% of its itemized 2024 grant dollars.
How large is Avedisian 575 Foundation Inc?
Avedisian 575 Foundation Inc reported $6.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $13.1M.
What is Avedisian 575 Foundation Inc?
Avedisian 575 Foundation Inc is a public charity focused on Education, based in Wellesley, MA. It holds $6.5M in total assets as of 2024.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Avedisian 575 Foundation Inc funds
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