Cherchian Family Foundation Inc
Cherchian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAUWATOSA, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $60K. Net investment income was $197K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+11.5% YoY
Annual Giving
$60K
-69.5% YoY
Grant Count
17
-29.2% YoY
Avg Grant Size
$4K
-57.0% YoY
Under IRS private-foundation payout rules, Cherchian Family Foundation Inc reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.
About Cherchian Family Foundation Inc
Based on IRS filings
Cherchian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAUWATOSA, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $60K. Net investment income was $197K.
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 | $1,298,042 | $1,163,676 | $1,299,031 |
| Revenue | $210,637 | $72,859 | $74,067 |
| Expenses | $76,271 | $208,214 | $170,720 |
| Qualifying Distributions | $61,335 | $199,975 | $162,412 |
| Net Investment Income | $196,501 | $64,620 | $65,759 |
| Distributable Amount | $75,750 | $68,615 | $74,236 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St John the Baptist Armenian Apostolic Church ($34,500), American University of Armenia ($3,000), Diocese of the American Church ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN UNIVERSITY OF ARMENIA GLENDALE, CA | GENERAL FUND | $3,000 |
| ARMENIA TREE PROJECT WOBURN, MA | GENERAL FUND | $1,000 |
| ARMENIAN ASSEMBLY OF AMERICA WASHINGTON, DC | GENERAL FUND | $1,000 |
| ARMENIAN EYE CARE PROJECT SAN DIMAS, CA | GENERAL FUND | $1,000 |
| ARMENIAN NATIONAL COMMITTEE OF AMERICA WASHINGTON, DC | GENERAL FUND | $1,000 |
| DIOCESE OF THE AMERICAN CHURCH NEW YORK, NY | GENERAL FUND | $3,000 |
| MILWAUKEE ART MUSEUM MILWAUKEE, WI | GENERAL FUND | $1,000 |
| RONALD MCDONALD HOUSE CHARITIES - EASTERN WISCONSIN MILWAUKEE, WI | GENERAL FUND | $1,000 |
| RONALD MCDONALD HOUSE CHARITIES OF MADISON MADISON, WI | GENERAL FUND | $1,000 |
| ST HAGOP ARMENIAN CHURCH RACINE, WI | SUMMER PICNIC AND COOKBOOKS | $1,360 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARA CHERCHIAN | PRESIDENT | 0.25 | — |
| PETE CHERCHIAN | SECRETARY | 0.25 | — |
| ALEX CHERCHIAN | DIRECTOR | 0.25 | — |
| ARMEN TCHERTCHIAN | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cherchian Family Foundation Inc?
Cherchian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAUWATOSA, WI. It holds $1.3M in total assets as of 2024.
How large is Cherchian Family Foundation Inc?
As of 2024, Cherchian Family Foundation Inc holds $1.3M in total assets with $211K in annual revenue. It awarded 17 grants totaling $60K in 2024.
Where does Cherchian Family Foundation Inc operate?
Cherchian Family Foundation Inc has awarded grants in Alabama, California, District of Columbia, Georgia, Illinois, Massachusetts, Michigan, New Mexico, Nevada, New York, South Dakota, Tennessee, Wisconsin.
What size grants does Cherchian Family Foundation Inc award?
In 2024, Cherchian Family Foundation Inc awarded 17 grants totaling $60K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Cherchian Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cherchian Family Foundation Inc reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cherchian Family Foundation Inc's EIN?
Cherchian Family Foundation Inc's EIN (Employer Identification Number) is 26-1583157. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cherchian Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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