Ayvazian Family Foundation
Ayvazian Family Foundation is a private foundation focused on Education, based in Los Angeles, CA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $551K in total assets. In 2021, it awarded 4 grants totaling $5K.
Ayvazian Family Foundation at a glance
In short: Ayvazian Family Foundation gave $5K across 4 grants in 2021 (avg $1K), top state Massachusetts. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $5,200
- -74.0% vs 2020
- Grants made (2021)
- 4
- +100.0% vs 2020
- Average grant
- $1,300
- -87.0% vs 2020
- Median grant
- $1,500
- Total assets
- $550,588
- -1.6% vs 2020
- Primary geography
- Massachusetts (38% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who Ayvazian Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2021
The largest 2021 recipient was Armenia Tree Project ($2K). Together the top 4 received $5K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 4 itemized grants.
Cities
How Ayvazian Family Foundation gives
- In 2021 it paid out 30% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $5K (2021) to $20K (2020). In 2021 it made 4 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Armenia Tree Project Woburn, MA | General Fund | $2,000 |
| The Armenian Eyecare Project San Dimas, CA | General Fund | $2,000 |
| Anca Endowment Fund Washington, DC | General Fund | $1,000 |
| Armenian Missionary Association of America Paramus, NJ | General Fund | $200 |
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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 | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2021 | $550,588 | $2,033 | $11,169 | $5,200 | 4 | $8,225 | — | $27,437 |
| 2020 | $559,724 | $212,779 | $24,877 | $20,000 | 2 | — | $1,182 | $19,702 |
Under IRS private-foundation payout rules, Ayvazian Family Foundation reported a distributable amount of $27K for 2021 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ayvazian Family Foundation is led by Lucy G. Ayvazian, President on every filing since 2020; none of the 2 officers listed in 2021 report compensation.
Officers on the 2021 filing
Lucy G. Ayvazian
President
On filings since 2020
1 hr/week
No compensation reported
Anne A. Ayvazian
Chief Financial Officer & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "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 Ayvazian Family Foundation
How much does Ayvazian Family Foundation give each year?
Ayvazian Family Foundation gave $5K across 4 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $20K across 2 grants.
What is Ayvazian Family Foundation's typical grant size?
Ayvazian Family Foundation's median grant in 2021 was $1,500, and its average grant was $1,300, across 4 grants on its 2021 IRS Form 990-PF.
Where does Ayvazian Family Foundation give grants?
Ayvazian Family Foundation's top state is Massachusetts, with 38% of the grant dollars itemized on its 2021 IRS Form 990-PF. The next largest states were California (38%) and District of Columbia (19%).
Does Ayvazian Family Foundation give general operating support?
Yes: 100% of Ayvazian Family Foundation's 2021 grants with a stated purpose (4 of 4) were for general or operating support, per its 2021 IRS Form 990-PF.
How large is Ayvazian Family Foundation?
Ayvazian Family Foundation reported $551K in total assets on its 2021 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ayvazian Family Foundation?
Ayvazian Family Foundation is a private foundation focused on Education, based in Los Angeles, CA. It holds $551K in total assets as of 2021.
What is Ayvazian Family Foundation's EIN?
Ayvazian Family Foundation's EIN (Employer Identification Number) is 47-4395115. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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