Gabrellian Family Foundation Inc

FRANKLIN LAKES, NJ EIN: 22-3837793

Gabrellian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $83K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+66.3% YoY

Annual Giving

$35K

-91.3% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$18K

-95.6% YoY

Under IRS private-foundation payout rules, Gabrellian Family Foundation Inc reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

About Gabrellian Family Foundation Inc

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 $739K (100%)

States

New York

Cities

IthacaNew YorkRochester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,623,332	$1,577,407	$1,954,561
Revenue	$1,103,451	$45,339	$-40,827
Expenses	$57,526	$422,493	$37,970
Qualifying Distributions	$35,556	$400,556	$13,056
Net Investment Income	$83,055	$21,065	$18,819
Distributable Amount	$87,186	$87,325	$100,567

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Armenian General Benevolent Union ($25,000), Diocese of the Armenian Church of Armerica ($10,000).

Recipient	Purpose	Amount
ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NY	UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.	$25,000
DIOCESE OF THE ARMENIAN CHURCH OF ARMERICA NEW YORK, NY	UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARK GABRELLIAN	PRESIDENT	5	—
ANI GABRELLIAN	VICE-PRESIDENT	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Gabrellian Family Foundation Inc?

Gabrellian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FRANKLIN LAKES, NJ. It holds $2.6M in total assets as of 2024.

How large is Gabrellian Family Foundation Inc?

As of 2024, Gabrellian Family Foundation Inc holds $2.6M in total assets with $1.1M in annual revenue. It awarded 2 grants totaling $35K in 2024.

Where does Gabrellian Family Foundation Inc operate?

Gabrellian Family Foundation Inc has awarded grants in New York.

What size grants does Gabrellian Family Foundation Inc award?

In 2024, Gabrellian Family Foundation Inc awarded 2 grants totaling $35K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Gabrellian Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gabrellian Family Foundation Inc reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gabrellian Family Foundation Inc's EIN?

Gabrellian Family Foundation Inc's EIN (Employer Identification Number) is 22-3837793. IRS Form 990 filing data is available on this page for 2020–2024.