George Ignatius Foundation

Foundation · Grantmaker COVINA, CA EIN: 51-0198566
Arts and cultureEducationGraduate and professional educationLaw educationPhilanthropy

George Ignatius Foundation is a private foundation focused on Arts and culture, based in COVINA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 10 grants totaling $170K. Net investment income was $266K.

Key facts about George Ignatius Foundation

EIN
51-0198566
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$170,100
Grants made (2024)
10
Average grant
$17,010
Median grant
$7,500
New grantees (estimate)
40% first-time grantees (4 of 10, 2024)
Total assets
$3,219,078
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who George Ignatius Foundation funds

By grant dollars, the top recipient states for George Ignatius Foundation's 10 itemized 2024 grants were California (100%). The most frequent recipient cities were Los Angeles, CA (3 grants) and Glendale, CA (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Activities" (8 grants).

Is George Ignatius Foundation open to new grantees?

40%

first-time grantees, 2024

In 2024, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $29K; repeat grants $9K. How we count

Medians: $6K first-time, $8K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving grew 48% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+3.1% YoY

Annual Giving

$170K

-0.5% YoY

Grant Count

10

-41.2% YoY

Avg Grant Size

$17K

+69.1% YoY

About George Ignatius Foundation

Based on IRS filings

George Ignatius Foundation is a private foundation focused on Arts and culture, based in COVINA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 10 grants totaling $170K. Net investment income was $266K.

Focus Areas

Arts and cultureEducationGraduate and professional educationLaw educationPhilanthropy
Your AI grants department

Ready to take the next step with George Ignatius Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 10 itemized 2024 grant dollars.

Cities

Los AngelesGlendaleEncinoBurbankFresnoMission HillsMontroseSherman OaksCalabasasHudsonvilleSan DimasWinnetkaAlhambraBelmontCharlotteFair LawnLa CanadaMaxwell AfbMontebelloOakland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$114K$228K$342K$456K20202021202220232024
Metric202420232022
Total Assets$3,219,078$3,123,153$3,362,364
Revenue$343,745$2,705$286,960
Expenses$247,561$241,606$297,118
Qualifying Distributions$247,561$241,606$223,000
Net Investment Income$266,284$16,121$213,147
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$112K$167K$223K20 grants202018 grants202124 grants202217 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Armenian American Museum: $101KArmenian American Museum$101KUnited Armenian Congregational Chur: $20KUnited Armenian CongregationalChur$20KWestern Diocese Stewardship Fund: $11KWestern Diocese StewardshipFund$11KHoly Martyrs Ferrahian High School: $10KHoly Martyrs Ferrahian HighSchool$10KMerdinian School: $10KMerdinian School$10KArmenian Bar Association: $5KArmenian Bar Association$5KArmenian Relief Society of Western: $5KArmenian Relief Society ofWestern$5KArarat Home of Los Angeles Westside: $5KArarat Home of Los AngelesWestside$5KLadies Guild of the Western Diocese: $2KLadies Guild of the WesternDiocese$2KUSC Alumni Association: $1KUSC Alumni Association$1K

Grant Size Distribution

89 grants across all recorded years

87<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Armenian American Museum ($101,400), United Armenian Congregational Chur ($20,000), Western Diocese Stewardship Fund ($11,200).

RecipientPurposeAmount
Armenian American Museum Glendale, CACharitable Activities$101,400
United Armenian Congregational Chur Los Angeles, CACharitable Activities$20,000
Western Diocese Stewardship Fund Alhambra, CACharitable Activities$11,200
Holy Martyrs Ferrahian High School Encino, CACharitable Activities$10,000
Merdinian School Sherman Oaks, CACharitable Acitivites$10,000
Armenian Bar Association Los Angeles, CACharitable Acitivites$5,000
Armenian Relief Society of Western Glendale, CACharitable Activities$5,000
Ararat Home of Los Angeles Westside Mission Hills, CACharitable Activities$5,000
Ladies Guild of the Western Diocese Burbank, CACharitable Activities$1,500
USC Alumni Association Los Angeles, CACharitable Activities$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

George R Phillips Sr — Chairman: $8KGeorge R Phillips SrChairman$8KWalter J Karabian — Trustee: $8KWalter J KarabianTrustee$8KMichael R Amerian — Trustee: $8KMichael R AmerianTrustee$8K

From 2024 IRS filing

NameTitleHoursCompensation
George R Phillips SrChairman—$8,437
Walter J KarabianTrustee—$8,437
Michael R AmerianTrustee—$8,437

Subject Areas

Focus areas based on grantmaking activity

Arts and cultureEducationGraduate and professional educationLaw educationPhilanthropy

Frequently Asked Questions

What is George Ignatius Foundation?

George Ignatius Foundation is a private foundation focused on Arts and culture, based in COVINA, CA. It holds $3.2M in total assets as of 2024.

How large is George Ignatius Foundation?

As of 2024, George Ignatius Foundation holds $3.2M in total assets with $344K in annual revenue. It awarded 10 grants totaling $170K in 2024.

Where does George Ignatius Foundation operate?

George Ignatius Foundation has awarded grants in Alabama, California, District of Columbia, Massachusetts, Michigan, North Carolina, New Jersey.

What size grants does George Ignatius Foundation award?

In 2024, George Ignatius Foundation awarded 10 grants totaling $170K — an average of about $17K per grant, based on its IRS Form 990 filings.

What is George Ignatius Foundation's EIN?

George Ignatius Foundation's EIN (Employer Identification Number) is 51-0198566. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in George Ignatius Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in California

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching George Ignatius Foundation by hand.