Avedisian 575 Foundation Inc

WELLESLEY, MA EIN: 85-4149364

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

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

Cities

CambridgeGlendaleNew YorkParamusSeattleSpokaneWashingtonWatertownWellesley

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

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 CHU…$5.0MAMERICAN UNIVERSITY OF A…$150KTHE MAX FOUNDATION$130KARMENIAN CHURCH ENDOWMEN…$100KDIOCESE OF THE ARMENIAN …$50KARMENIAN AMERICAN MEDICA…$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

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAMELA AVEDISIANPRESIDENT/TREASURER2
ZVART ONANIANDIRECTOR1
LAURIE ONANIANCLERK/DIRECTOR1
CRAIG AVEDISIANDIRECTOR1
SUSAN JERIANDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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