Daniel and Ludmila Sahakian Foundation

STATE COLLEGE, PA EIN: 85-4348434

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

-75.0% YoY

Avg Grant Size

$60K

+124.3% YoY

Under IRS private-foundation payout rules, Daniel and Ludmila Sahakian Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Daniel and Ludmila Sahakian Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $210K (53%)

California $167K (42%)

District of Columbia $11K (3%)

Massachusetts $5K (1%)

States

California District of Columbia Massachusetts New York

Cities

BelmontGlendaleNew YorkTujungaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include American University of Armenia ($60,000).

Recipient	Purpose	Amount
AMERICAN UNIVERSITY OF ARMENIA GLENDALE, CA	DANIEL & LUDMILA SAHAKIAN ENDOWED SCHOLARSHIP FOR VETERANS AND STUDENTS OF THE AUA	$60,000

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Daniel and Ludmila Sahakian Foundation?

Daniel and Ludmila Sahakian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. It holds $842K in total assets as of 2024.

How large is Daniel and Ludmila Sahakian Foundation?

As of 2024, Daniel and Ludmila Sahakian Foundation holds $842K in total assets with $39K in annual revenue. It awarded 1 grants totaling $60K in 2024.

Where does Daniel and Ludmila Sahakian Foundation operate?

Daniel and Ludmila Sahakian Foundation has awarded grants in California, District of Columbia, Massachusetts, New York.

What size grants does Daniel and Ludmila Sahakian Foundation award?

In 2024, Daniel and Ludmila Sahakian Foundation awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is Daniel and Ludmila Sahakian Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Daniel and Ludmila Sahakian Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Daniel and Ludmila Sahakian Foundation's EIN?

Daniel and Ludmila Sahakian Foundation's EIN (Employer Identification Number) is 85-4348434. IRS Form 990 filing data is available on this page for 2020–2024.