Howard Karagheusian Commemorative
Howard Karagheusian Commemorative is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.2M in total assets. In 2024, it awarded 5 grants totaling $3.1M. Net investment income was $3.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.2M
+1.3% YoY
Annual Giving
$3.1M
+27.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$624K
+1.6% YoY
Under IRS private-foundation payout rules, Howard Karagheusian Commemorative reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.
About Howard Karagheusian Commemorative
Based on IRS filings
Howard Karagheusian Commemorative is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.2M in total assets. In 2024, it awarded 5 grants totaling $3.1M. Net investment income was $3.9M.
Ready to take the next step with Howard Karagheusian Commemorative?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,244,128 | $29,870,448 | $31,876,025 |
| Revenue | $4,223,724 | $1,151,031 | $834,266 |
| Expenses | $3,850,044 | $3,156,608 | $3,144,289 |
| Qualifying Distributions | $3,630,747 | $2,933,240 | $2,958,016 |
| Net Investment Income | $3,923,841 | $1,255,093 | $1,053,826 |
| Distributable Amount | $3,377,283 | $2,974,411 | $2,961,243 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Howard Karagheusian Mbpo Armenia ($1,944,005), Karagheusian Association for Children Welfare ($818,652), Armenian Heritage Foundation ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARMENIA ARTSAKH FUND NORTHRIDGE, CA | GENERAL | $7,800 |
| JINISHIAN MEMORIAL PROGRAM LOUISVILLE, KY | POVERTY REDUCTION | $100,000 |
| KARAGHEUSIAN ASSOCIATION FOR CHILDREN WELFARE | CHARITABLE PROGRAMS FOR CHILDREN | $818,652 |
| THE HOWARD KARAGHEUSIAN MBPO ARMENIA | CHARITABLE PROGRAMS FOR CHILDREN | $1,944,005 |
| ARMENIAN HERITAGE FOUNDATION WATERTOWN, MA | GENERAL | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRY S CHERKEN JR ESQ | PRESIDENT | 3 | — |
| RICHARD J VARADIAN | TREASURER/SECRETARY | 3 | $39,000 |
| DENNIS R TARZIAN | VICE PRESIDENT | 3 | — |
| SUZANNE AKIAN | TRUSTEE | 3 | — |
| ANN GIRAGOSIAN DAW | TRUSTEE | 3 | — |
| RAFFI CHARLES TOKATLIAN | TRUSTEE | 3 | — |
| HAIG NAJARIAN | TRUSTEE | 3 | — |
| IRINA LAZARIAN | MANAGING DIRECTOR | 60 | $230,020 |
Frequently Asked Questions
How large is Howard Karagheusian Commemorative?
As of 2024, Howard Karagheusian Commemorative holds $30.2M in total assets with $4.2M in annual revenue. It awarded 5 grants totaling $3.1M in 2024.
Where does Howard Karagheusian Commemorative operate?
Howard Karagheusian Commemorative has awarded grants in California, Kentucky, Massachusetts.
What size grants does Howard Karagheusian Commemorative award?
In 2024, Howard Karagheusian Commemorative awarded 5 grants totaling $3.1M — an average of about $624K per grant, based on its IRS Form 990 filings.
How much is Howard Karagheusian Commemorative required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Howard Karagheusian Commemorative reported a distributable amount of $3.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Howard Karagheusian Commemorative's EIN?
Howard Karagheusian Commemorative's EIN (Employer Identification Number) is 13-6149578. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Howard Karagheusian Commemorative's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Our Blessed Mother
RESTON, VA
Assets
$1.7M
Grants
15
Total Given
$78K
The Jedra Charitable Foundation Inc
LEXINGTON, KY
Assets
$1.4M
Grants
34
Total Given
$50K
Charles Mosesian Family Foundation
WESTON, MA
Assets
$2.7M
Grants
17
Total Given
$135K
Paul Marciano Foundation
BEVERLY HILLS, CA
Assets
—
Grants
27
Total Given
$4.0M
Afeyan Family Foundation
WILMINGTON, DE
Assets
$10.3M
Grants
40
Total Given
$3.0M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Jhm Charitable Foundation
MANHATTAN BEACH, CA
Assets
—
Grants
40
Total Given
$8.5M
California Community Foundation
LOS ANGELES, CA
Assets
$2.2B
Grants
2,025
Total Given
$272.6M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Sami & Annie Totah Family Foundation
BETHESDA, MD
Assets
$3.6M
Grants
99
Total Given
$156K
The James H and Marta T Batmasian
BOCA RATON, FL
Assets
$16.7M
Grants
62
Total Given
$1.2M
More Funders in New York
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Howard Karagheusian Commemorative on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities