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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AlhambraBelmontBurbankCalabasasCharlotteEncinoFair LawnFresnoGlendaleHudsonvilleLa CanadaLos AngelesMaxwell AfbMission HillsMontebelloMontroseOaklandPalos Verdes EstatesSan DiegoSan Dimas

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

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$101KUnited Armenian Congrega…$20KWestern Diocese Stewards…$11KHoly Martyrs Ferrahian H…$10KMerdinian School$10KArmenian Bar Association$5KArmenian Relief Society …$5KArarat Home of Los Angel…$5KLadies Guild of the West…$2KUSC 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 include Armenian American Museum ($101,400), United Armenian Congregational Chur ($20,000), Western Diocese Stewardship Fund ($11,200).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

George R Phillips SrChairman$8KWalter J KarabianTrustee$8KMichael R AmerianTrustee$8K

From 2024 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

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.

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

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