BVS Family Foundation
BVS Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $675K in total assets. In 2025, it awarded 2 grants totaling $30K. Net investment income was $10K.
Key facts about BVS Family Foundation
In short: BVS Family Foundation gave $30K across 2 grants in 2025 (avg $15K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 47-5340352
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $30,000
- Grants made (2025)
- 2
- Average grant
- $15,000
- Median grant
- $15,000
- Total assets
- $674,787
- Primary geography
- New York (67% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$675K
+33.7% YoY
Annual Giving
$30K
+200.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$15K
+50.0% YoY
Under IRS private-foundation payout rules, BVS Family Foundation reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.
How BVS Family Foundation gives
- In 2025 it paid out 141% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2024) to $35K (2021). In 2025 it made 2 grants totaling $30K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Armenian General Benevolent Union ($20K). Together the top 2 received $30K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Armenian General Benevolent Union New York, NY | General & Unrestricted | $20,000 |
| Saint Joseph University Foundation Beirut Inc North Andover, MA | General & Unrestricted | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $674,787 | $504,890 | $504,400 |
| Revenue | $210,239 | $22,222 | $44,528 |
| Expenses | $40,342 | $21,732 | $25,628 |
| Qualifying Distributions | $37,958 | $18,553 | $18,400 |
| Net Investment Income | $9,877 | $15,343 | $22,900 |
| Distributable Amount | $26,940 | $25,724 | $22,812 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 19, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 12, 2026)
Leadership & Key People
Officers and directors from IRS filings
BVS Family Foundation is led by Berge Setrakian, President, Director, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Berge Setrakian
President, Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 BVS Family Foundation
How much does BVS Family Foundation give each year?
BVS Family Foundation gave $30K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.
How large is BVS Family Foundation?
BVS Family Foundation reported $675K in total assets on its 2025 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
Where does BVS Family Foundation operate?
BVS Family Foundation has awarded grants in California, Massachusetts, New York.
What is BVS Family Foundation's EIN?
BVS Family Foundation's EIN (Employer Identification Number) is 47-5340352. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching BVS Family Foundation by hand.
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