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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Saint James Armenian Church ($5,000,000), American University of Armenia ($150,000), The Max Foundation ($130,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MAX FOUNDATION SEATTLE, WA | SUPPORT FOR THE TREATMENT OF CRITICAL ILLNESS AND CANCER TREATMENT PROGRAMS | $130,000 |
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA - EASTERN NEW YORK, NY | SUPPORT FOR BISHOP'S ANNUAL APPEAL | $50,000 |
| ARMENIAN CHURCH ENDOWMENT FUND NEW YORK, NY | SUPPORT FOR EDWARD ONANIAN MEMORIAL ENDOWMENT FUND | $100,000 |
| SAINT JAMES ARMENIAN CHURCH WATERTOWN, MA | SUPPORT FOR LAND AND BUILDING PURCHASE AND EXPANSION | $5,000,000 |
| AMERICAN UNIVERSITY OF ARMENIA GLENDALE, CA | COLLEGE STUDENTS SCHOLARSHIP FUNDING AND SUPPORT | $150,000 |
| ARMENIAN AMERICAN MEDICAL ASSOCIATION INC WELLESLEY, MA | SUPPORT FOR ARAM CHOBANIAN LECTURE SERIES | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAMELA AVEDISIAN | PRESIDENT/TREASURER | 2 | — |
| ZVART ONANIAN | DIRECTOR | 1 | — |
| LAURIE ONANIAN | CLERK/DIRECTOR | 1 | — |
| CRAIG AVEDISIAN | DIRECTOR | 1 | — |
| SUSAN JERIAN | DIRECTOR | 1 | — |
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 April 2026. Sourced from IRS Form 990-PF filings.
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