Daniel and Ludmila Sahakian Foundation
Daniel and Ludmila Sahakian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $842K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$842K
+5.1% YoY
Annual Giving
$60K
-43.9% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$60K
+124.3% YoY
About Daniel and Ludmila Sahakian Foundation
Based on IRS filings
Daniel and Ludmila Sahakian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $842K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $34K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $841,958 | $801,435 | $881,232 |
| Revenue | $39,207 | $-16,460 | $41,356 |
| Expenses | $69,728 | $115,388 | $115,207 |
| Qualifying Distributions | $63,037 | $109,767 | $110,000 |
| Net Investment Income | $33,998 | $40,448 | $42,536 |
| Distributable Amount | $40,448 | $41,801 | $50,027 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER D SAHAKIAN | TRUSTEE | 1 | — |
| ARMEN D SAHAKIAN | TRUSTEE | 1 | — |
| DANIEL D SAHAKIAN | TRUSTEE | 1 | — |
| LUDMILA K SAHAKIAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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