Jack Munushian Charitable Trust
Jack Munushian Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 2 grants totaling $750K. Net investment income was $1.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+1.4% YoY
Annual Giving
$750K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$375K
+0.0% YoY
Under IRS private-foundation payout rules, Jack Munushian Charitable Trust reported a distributable amount of $746K for 2024 — the minimum it must pay out in qualifying distributions.
About Jack Munushian Charitable Trust
Based on IRS filings
Jack Munushian Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 2 grants totaling $750K. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,572,554 | $7,465,772 | $7,622,963 |
| Revenue | $1,093,441 | $851,393 | $1,242,967 |
| Expenses | $908,542 | $901,379 | $901,477 |
| Qualifying Distributions | $819,844 | $833,593 | $840,948 |
| Net Investment Income | $1,026,945 | $799,009 | $1,192,038 |
| Distributable Amount | $745,817 | $704,222 | $723,276 |
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
10 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 ($500,000), American University of Armenia Corporation ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN UNIVERSITY OF ARMENIA CORPORATION OAKLAND, CA | TO SUPPORT GENERAL OPERATIONS, SCHOLARSHIPS FOR VETERANS AND WOMEN IN TECH | $250,000 |
| ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NY | TO SUPPORT GENERAL EDUCATION AND ARMENIAN PROGRAMS | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY R PHILLIPS | CO-TRUSTEE | 3 | $60,533 |
| ZOUHRAB BASSMAJIAN | CO-TRUSTEE | 1 | $32,680 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jack Munushian Charitable Trust?
Jack Munushian Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $7.6M in total assets as of 2024.
How large is Jack Munushian Charitable Trust?
As of 2024, Jack Munushian Charitable Trust holds $7.6M in total assets with $1.1M in annual revenue. It awarded 2 grants totaling $750K in 2024.
Where does Jack Munushian Charitable Trust operate?
Jack Munushian Charitable Trust has awarded grants in California, New York.
What size grants does Jack Munushian Charitable Trust award?
In 2024, Jack Munushian Charitable Trust awarded 2 grants totaling $750K — an average of about $375K per grant, based on its IRS Form 990 filings.
How much is Jack Munushian Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jack Munushian Charitable Trust reported a distributable amount of $746K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jack Munushian Charitable Trust's EIN?
Jack Munushian Charitable Trust's EIN (Employer Identification Number) is 20-6601987. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jack Munushian Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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