George Ignatius Foundation
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.
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
89 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Armenian American Museum Glendale, CA | Charitable Activities | $101,400 |
| United Armenian Congregational Chur Los Angeles, CA | Charitable Activities | $20,000 |
| Western Diocese Stewardship Fund Alhambra, CA | Charitable Activities | $11,200 |
| Holy Martyrs Ferrahian High School Encino, CA | Charitable Activities | $10,000 |
| Merdinian School Sherman Oaks, CA | Charitable Acitivites | $10,000 |
| Armenian Bar Association Los Angeles, CA | Charitable Acitivites | $5,000 |
| Armenian Relief Society of Western Glendale, CA | Charitable Activities | $5,000 |
| Ararat Home of Los Angeles Westside Mission Hills, CA | Charitable Activities | $5,000 |
| Ladies Guild of the Western Diocese Burbank, CA | Charitable Activities | $1,500 |
| USC Alumni Association Los Angeles, CA | Charitable Activities | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George R Phillips Sr | Chairman | — | $8,437 |
| Walter J Karabian | Trustee | — | $8,437 |
| Michael R Amerian | Trustee | — | $8,437 |
Subject Areas
Focus areas based on grantmaking activity
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.