Cafesjian Family Foundation Inc
Cafesjian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREVIEW, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.5M in total assets. In 2024, it awarded 1 grants totaling $2.3M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55.5M
+0.2% YoY
Annual Giving
$2.3M
+38.1% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$2.3M
+176.1% YoY
Under IRS private-foundation payout rules, Cafesjian Family Foundation Inc reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
About Cafesjian Family Foundation Inc
Based on IRS filings
Cafesjian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREVIEW, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55.5M in total assets. In 2024, it awarded 1 grants totaling $2.3M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,512,616 | $55,427,076 | $53,286,079 |
| Revenue | $1,442,407 | $939,750 | $146,870 |
| Expenses | $2,615,014 | $2,002,269 | $10,367,090 |
| Qualifying Distributions | $2,375,151 | $1,748,713 | $10,112,630 |
| Net Investment Income | $1,215,673 | $783,495 | $607,060 |
| Distributable Amount | $1,789,384 | $1,709,067 | $1,804,982 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cmf Armenia (the Cafesjian Center for the Arts) ($2,300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CMF ARMENIA (THE CAFESJIAN CENTER FOR THE ARTS) | GENERAL OPERATING EXPENSES | $2,300,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN BARADARAN | CHAIRPERSON, PRESIDENT & SECRETARY | 12.3 | $48,192 |
| THOMAS CAFESJIAN | DIRECTOR | 1 | — |
| CARRIE J MARTINSON | DIRECTOR | 1 | — |
| JAFFAR BARADARAN | DIRECTOR | 1 | — |
| PHIL OMAN | TREASURER (THRU 10/2024) | 14.7 | $52,400 |
| BROOKS WAGGONER | TREASURER (AS OF 10/2024) | 15 | $10,832 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cafesjian Family Foundation Inc?
Cafesjian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREVIEW, MN. It holds $55.5M in total assets as of 2024.
How large is Cafesjian Family Foundation Inc?
As of 2024, Cafesjian Family Foundation Inc holds $55.5M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $2.3M in 2024.
Where does Cafesjian Family Foundation Inc operate?
Cafesjian Family Foundation Inc has awarded grants in California, Minnesota, New York.
What size grants does Cafesjian Family Foundation Inc award?
In 2024, Cafesjian Family Foundation Inc awarded 1 grants totaling $2.3M — an average of about $2.3M per grant, based on its IRS Form 990 filings.
How much is Cafesjian Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cafesjian Family Foundation Inc reported a distributable amount of $1.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cafesjian Family Foundation Inc's EIN?
Cafesjian Family Foundation Inc's EIN (Employer Identification Number) is 81-3442853. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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