Fund for Armenian Relief Inc logo

Fund for Armenian Relief Inc

Public charity · Grantmaker New York, NY EIN: 13-3706646 Website

Far is dedicated to honoring the past, empowering the present andensuring the future for people in armenia. Far gives hope, guidance and opportunity to those in need, empowering them to create a betterpresent and helping them pave the way to a stronger future. Far's vision is to develop an equitable, sustainable, and resilient armenian homeland, where people are thriving: leading dignified lives with universal access to opportunities to realize their full potential through education, healthcare and decent work. They are proud members of a progressive nation making indispensable contributions to the betterment of their local communities and the world at large. Far provides short term emergency relief and implements long-term programs for the economic growth and social development of armenia.it helps the most vulnerable segments of the population - children and the elderly - and prepares professionals to lead their newly independent country. Headquartered in New York, far has three offic

Key facts about Fund for Armenian Relief Inc

In short: Fund for Armenian Relief Inc gave $14K across 1 grant in 2024 (avg $14K), mostly in California. Source: 2024 IRS Form 990.

EIN
13-3706646
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$13,600
Grants made (2024)
1
Average grant
$13,600
Median grant
$13,600
Total assets
$30,851,623
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$30.9M

+10.4% YoY

Annual Giving

$14K

-15.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$14K

+70.0% YoY

About Fund for Armenian Relief Inc

Based on IRS filings

Fund for Armenian Relief Inc is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $30.9M in total assets. In 2024, it awarded 1 grant totaling $14K. Net investment income was $774K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

New YorkGlendalePasadenaSouthfield

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2019 1 grant2020 Total only2021 Total only2022 2 grants2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $6K (2020) to $2.5M (2021). In 2024 it made 1 grant totaling $14K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

the Armenian Society of Fellows: $14Kthe Armenian Society ofFellows$14K

The largest 2024 recipient was the Armenian Society of Fellows ($14K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
the Armenian Society of Fellows Pasadena, CAProgram support$13,600

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$30,851,623$27,945,385$25,112,155
Revenue$9,019,793$8,556,205$11,857,339
Expenses$6,681,172$5,884,833$6,112,784
Net Investment Income$774,483$1,043,334$150,200

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 24, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 27, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS September 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS June 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 12, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fund for Armenian Relief Inc is led by Garnik Nanagoulian, Executive Director - since 2024 (on filings since 2019); 4 of 20 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Garnik Nanagoulian

    Executive Director -

    Executive Director → Executive Director -, 2024

    On filings since 2019

    40 hrs/week

    $135K (2019) → $166K (2024)

  • Bree Perlman

    Executive Director -

    Director of Development → Executive Director -, 2024

    On filings since 2023

    40 hrs/week

    $58K (2023) → $148K (2024)

  • Bishop Mesrop Parsamyan

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Randy Sapah-Gulian

    Chairman

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bagrat Sargsyan

    Country Director

    On filings since 2019

    40 hrs/week

    $49K (2019) → $92K (2024)

  • Margarit Piliposyan

    Country Director

    New on the 2024 filing

    40 hrs/week

    $77K (2024)

  • Abp Khajag Barsamian

    Vice Chairman

    On filings since 2019

    1 hr/week

    No compensation reported

  • Armen Avanessians

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bonnie A Barsamian Dunn

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dennis Tarzian

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Edward S Mardigian

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Greg Toufayan

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Marta Batmasian

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Pontish Yeramyan

    Assistant Secretary

    Assistant Secretary → Board Member, 2023

    Board Member → Assistant Secretary, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Sandra Shaninian

    Board Member

    On filings since 2019

    1 hr/week

    No compensation reported

  • Carl Bazarian

    Vice Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lynn D Barsamian

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Yeprem Kelegian

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Zara Ingilizian

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Richard Babain

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Nishan Atinizian (2019–2023) — Board Member
  • Former: Oscar Tatosian (2019–2023) — Board Member
  • Former: Richard Babayan (2020–2023) — Board Member
  • Former: Richard H Papalian (2023) — Board Member
  • Former: Krikor Sabounjian (2020–2022) — Board Member
  • Former: Very Rev Fr Mesrop Parsamyan (2022) — President
  • Former: Bishop Daniel Findikyan (2021) — President
  • Former: Rt Rev Bishop Daniel Findikyan (2020) — President
  • Former: Aram Chobanian (2019) — Board Member
  • Former: James Kalusian (2019) — Board Member
  • Former: V Rev Fr Daniel Fin (2019) — President
  • Former: Yeprem Kelegi (2019) — Board Member

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Garnik Nanagoulian — EXECUTIVE DIR - thru 9/30/24: $166KGarnik NanagoulianEXECUTIVE DIR - thru 9/30/24$166KBree Perlman — Executive Dir - eff 10/1/24: $148KBree PerlmanExecutive Dir - eff 10/1/24$148KBagrat Sargsyan — Country Director: $92KBagrat SargsyanCountry Director$92KMargarit Piliposyan — Country Director: $77KMargarit PiliposyanCountry Director$77K

The highest reported compensation on the 2024 filing was $166K, to Garnik Nanagoulian (EXECUTIVE DIR - thru 9/30/24). 4 officers or directors reported compensation on that filing.

Frequently asked questions about Fund for Armenian Relief Inc

How much does Fund for Armenian Relief Inc give each year?

Fund for Armenian Relief Inc gave $14K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $16K across 2 grants.

How large is Fund for Armenian Relief Inc?

Fund for Armenian Relief Inc reported $30.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $9.0M.

What is Fund for Armenian Relief Inc?

Fund for Armenian Relief Inc is a public charity focused on International, Foreign Affairs & National Security, based in New York, NY. It holds $30.9M in total assets as of 2024.

Where does Fund for Armenian Relief Inc operate?

Fund for Armenian Relief Inc has awarded grants in California, Michigan, New York.

What is Fund for Armenian Relief Inc's EIN?

Fund for Armenian Relief Inc's EIN (Employer Identification Number) is 13-3706646. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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