Balakian Family Foundation
Balakian Family Foundation is a private foundation focused on Human Services, based in Tenafly, NJ. IRS filing data is available from 2019 through 2020. In 2020, it awarded 7 grants totaling $597K. Net investment income was $25K.
Balakian Family Foundation at a glance
In short: Balakian Family Foundation gave $597K across 7 grants in 2020 (avg $85K), mostly in Massachusetts. Source: 2020 IRS Form 990-PF.
- Annual giving (2020)
- $597,300
- +1184.7% vs 2019
- Grants made (2020)
- 7
- -12.5% vs 2019
- Average grant
- $85,329
- +1368.3% vs 2019
- Median grant
- $10,000
- Primary geography
- Massachusetts (90% of itemized 2020 grant dollars)
- Latest 990 filing
- Form 990-PF, 2020 View filing
Data from IRS Form 990-PF, 2020; updated September 2026.
Who Balakian Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2020
The largest 2020 recipient was Fidelity Charitable ($538K). Together the top 7 received $597K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2020 grant dollars across all 7 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $46K (2019) to $597K (2020). In 2020 it made 7 grants totaling $597K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Boston, MA | Charitable | $538,118 |
| Children of Armenia New York, NY | Charitable | $25,000 |
| Aebu Pasadena, CA | Charitable | $16,031 |
| University of Notre Dame Notre Dame, IN | Charitable | $10,000 |
| Dwight Englewood School Englewood, NJ | Charitable | $5,151 |
| Tenafly Nature Center Tenafly, NJ | Charitable | $2,500 |
| St Nersess Armenian Seminary Armonk, NY | Charitable | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2020 | — | $-1,634 | $601,895 | $597,300 | 7 | $25,221 | $39,078 |
| 2019 | $604,760 | $23,934 | $47,768 | $46,492 | 8 | $23,924 | $41,089 |
Under IRS private-foundation payout rules, Balakian Family Foundation reported a distributable amount of $39K for 2020 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Balakian Family Foundation's 2020 filing lists 3 officers; none of the 3 officers listed in 2020 report compensation.
Officers on the 2020 filing
James D. Balakian
Trustee
On filings since 2019
1 hr/week
No compensation reported
Janet D. Balakian
Trustee
On filings since 2019
1 hr/week
No compensation reported
Peter Balakian
Trustee
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2020. "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 Balakian Family Foundation
How much does Balakian Family Foundation give each year?
Balakian Family Foundation gave $597K across 7 grants in 2020, according to its 2020 IRS Form 990-PF. In 2019 it gave $46K across 8 grants.
What is Balakian Family Foundation's typical grant size?
Balakian Family Foundation's median grant in 2020 was $10,000, and its average grant was $85,329, across 7 grants on its 2020 IRS Form 990-PF.
Where does Balakian Family Foundation give grants?
Balakian Family Foundation gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there.
Does Balakian Family Foundation give general operating support?
Not in 2020: none of the 7 grants with a stated purpose on Balakian Family Foundation's 2020 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).
Who are Balakian Family Foundation's largest grantees?
Balakian Family Foundation's largest 2020 grantees include Fidelity Charitable ($538,118), Children of Armenia ($25,000) and Aebu ($16,031), according to its 2020 IRS Form 990-PF. Together they received 97% of its itemized 2020 grant dollars.
What is Balakian Family Foundation?
Balakian Family Foundation is a private foundation focused on Human Services, based in Tenafly, NJ.
How much is Balakian Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Balakian Family Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Balakian Family Foundation's EIN?
Balakian Family Foundation's EIN (Employer Identification Number) is 27-0907832. IRS Form 990 filing data is available on this page for 2019–2020.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
- IRS filings on file for fiscal year 2020
Live grants for the work Balakian Family Foundation funds
Human Services Open opportunities, soonest deadline first.
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Browse active grant opportunities in Balakian Family Foundation's focus areas in our free grants database
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