Balakian Family Foundation is a private foundation focused on Human Services, based in TENAFLY, NJ. IRS filing data is available for 2020. In 2020, it awarded 7 grants totaling $597K. Net investment income was $25K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$597K
Grant Count
7
Avg Grant Size
$85K
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.
About Balakian Family Foundation
Based on IRS filings
Balakian Family Foundation is a private foundation focused on Human Services, based in TENAFLY, NJ. IRS filing data is available for 2020. In 2020, it awarded 7 grants totaling $597K. Net investment income was $25K.
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 | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $-1,634 |
| Expenses | $601,895 |
| Qualifying Distributions | — |
| Net Investment Income | $25,221 |
| Distributable Amount | $39,078 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2020
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Fidelity Charitable ($538,118), Children of Armenia ($25,000), Aebu ($16,031).
| Recipient | Purpose | Amount |
|---|---|---|
| DWIGHT ENGLEWOOD SCHOOL ENGLEWOOD, NJ | CHARITABLE | $5,151 |
| ST NERSESS ARMENIAN SEMINARY ARMONK, NY | CHARITABLE | $500 |
| CHILDREN OF ARMENIA NEW YORK, NY | CHARITABLE | $25,000 |
| TENAFLY NATURE CENTER TENAFLY, NJ | CHARITABLE | $2,500 |
| UNIVERSITY OF NOTRE DAME NOTRE DAME, IN | CHARITABLE | $10,000 |
| FIDELITY CHARITABLE BOSTON, MA | CHARITABLE | $538,118 |
| AEBU PASADENA, CA | CHARITABLE | $16,031 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES D BALAKIAN | TRUSTEE | 1 | — |
| JANET D BALAKIAN | TRUSTEE | 1 | — |
| PETER BALAKIAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Balakian Family Foundation?
Balakian Family Foundation is a nonprofit organization focused on Human Services, based in TENAFLY, NJ. It holds — in total assets as of 2020.
Where does Balakian Family Foundation operate?
Balakian Family Foundation has awarded grants in California, Indiana, Massachusetts, New Jersey, New York.
What size grants does Balakian Family Foundation award?
In 2020, Balakian Family Foundation awarded 7 grants totaling $597K — an average of about $85K per grant, based on its IRS Form 990 filings.
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 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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