Daniel and Ludmila Sahakian Foundation
Daniel and Ludmila Sahakian Foundation is a private foundation, 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 grant totaling $60K. Net investment income was $34K.
Daniel and Ludmila Sahakian Foundation at a glance
In short: Daniel and Ludmila Sahakian Foundation gave $60K across 1 grant in 2024 (avg $60K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $60,000
- -43.9% vs 2023
- Grants made (2024)
- 1
- -75.0% vs 2023
- Average grant
- $60,000
- +124.3% vs 2023
- Median grant
- $60,000
- Total assets
- $841,958
- +5.1% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Daniel and Ludmila Sahakian Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was American University of Armenia ($60K).
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 15 grants of 19 (79%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Daniel and Ludmila Sahakian Foundation gives
- Giving fell 48% from 2021 to 2024. Method
- In 2024 it paid out 156% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $60K (2024) to $116K (2021). In 2024 it made 1 grant totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American University of Armenia Glendale, CA | Daniel & ludmila sahakian endowed scholarship for veterans and students of the aua | $60,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $841,958 | $39,207 | $69,728 | $60,000 | 1 | $63,037 | $33,998 | $40,448 |
| 2023 | $801,435 | $-16,460 | $115,388 | $107,000 | 4 | $109,767 | $40,448 | $41,801 |
| 2022 | $881,232 | $41,356 | $115,207 | $110,000 | 6 | $110,000 | $42,536 | $50,027 |
| 2021 | $1,154,867 | $251,979 | $122,465 | $116,000 | 8 | $117,019 | $53,613 | $52,988 |
| 2020 | $1,000,001 | $1,000,001 | — | — | — | — | $1 | $405 |
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.
Leadership & Key People
Officers and directors from IRS filings
Daniel and Ludmila Sahakian Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alexander D. Sahakian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Armen D. Sahakian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Daniel D. Sahakian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Ludmila K. Sahakian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Daniel and Ludmila Sahakian Foundation
How much does Daniel and Ludmila Sahakian Foundation give each year?
Daniel and Ludmila Sahakian Foundation gave $60K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $107K across 4 grants.
How large is Daniel and Ludmila Sahakian Foundation?
Daniel and Ludmila Sahakian Foundation reported $842K in total assets on its 2024 IRS Form 990-PF. It paid out $63K in qualifying distributions that year, against a required minimum of $40K (roughly 5% of its investment assets).
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 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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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