Kevork and Sirwart Hovnanian Foundation
Kevork and Sirwart Hovnanian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATAWAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 11 grants totaling $114K. Net investment income was $128K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+1.0% YoY
Annual Giving
$114K
+13.4% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$10K
+13.4% YoY
Under IRS private-foundation payout rules, Kevork and Sirwart Hovnanian Foundation reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.
About Kevork and Sirwart Hovnanian Foundation
Based on IRS filings
Kevork and Sirwart Hovnanian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATAWAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 11 grants totaling $114K. Net investment income was $128K.
Focus Areas
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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 | $1,448,047 | $1,433,848 | $1,243,124 |
| Revenue | $169,856 | $335,141 | $161,510 |
| Expenses | $155,657 | $144,417 | $167,377 |
| Qualifying Distributions | $114,000 | $100,500 | $125,500 |
| Net Investment Income | $128,199 | $297,224 | $122,137 |
| Distributable Amount | $106,387 | $81,051 | $84,385 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia University ($50,000), Riverview Medical Center Foundation Inc ($25,000), Trustees of Tufts College ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLUMBIA UNIVERSITY NEW YORK, NY | TO PROMOTE THE WORK OF THE ORGANIZATION | $50,000 |
| RIVERVIEW MEDICAL CENTER FOUNDATION INC EDISON, NJ | TO PROMOTE THE WORK OF THE ORGANIZATION | $25,000 |
| TRUSTEES OF TUFTS COLLEGE SOMERVILLE, MA | TO PROMOTE THE WORK OF THE ORGANIZATION | $10,000 |
| NEW ARTS PUBICATION INC BROOKLYN, NY | TO PROMOTE THE WORK OF THE ORGANIZATION | $10,000 |
| MONMOUTH UNIVERSITY WEST LONG BRANCH, NJ | TO PROMOTE THE WORK OF THE ORGANIZATION | $5,000 |
| ST STEPANOS ARMENIAN CHURCH LONG BRANCH, NJ | TO PROMOTE THE WORK OF THE ORGANIZATION | $3,000 |
| CLEAN OCEAN ACTION INC LONG BRANCH, NJ | TO PROMOTE THE WORK OF THE ORGANIZATION | $3,000 |
| ARMENIAN RADIO HOUR OF NJ SOUTH ORANGE, NJ | TO PROMOTE THE WORK OF THE ORGANIZATION | $2,000 |
| LANKENAU MEDICAL CENTER FOUNDATION WYNNEWOOD, PA | TO PROMOTE THE WORK OF THE ORGANIZATION | $2,000 |
| ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NY | TO PROMOTE THE WORK OF THE ORGANIZATION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIRWART K HOVNANIAN | TRUSTEE | — | — |
| ARA K HOVNANIAN | TRUSTEE | — | — |
| SOSSIE K NAJARIAN | TRUSTEE | — | — |
| ESTHER K HOVNANIAN | TRUSTEE | — | — |
| LUCY K KALIAN | TRUSTEE | — | — |
| NADIA K RODRIGUEZ | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kevork and Sirwart Hovnanian Foundation?
Kevork and Sirwart Hovnanian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MATAWAN, NJ. It holds $1.4M in total assets as of 2024.
How large is Kevork and Sirwart Hovnanian Foundation?
As of 2024, Kevork and Sirwart Hovnanian Foundation holds $1.4M in total assets with $170K in annual revenue. It awarded 11 grants totaling $114K in 2024.
Where does Kevork and Sirwart Hovnanian Foundation operate?
Kevork and Sirwart Hovnanian Foundation has awarded grants in California, Massachusetts, Maine, North Carolina, New Jersey, New York, Pennsylvania, Tennessee.
What size grants does Kevork and Sirwart Hovnanian Foundation award?
In 2024, Kevork and Sirwart Hovnanian Foundation awarded 11 grants totaling $114K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Kevork and Sirwart Hovnanian Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kevork and Sirwart Hovnanian Foundation reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kevork and Sirwart Hovnanian Foundation's EIN?
Kevork and Sirwart Hovnanian Foundation's EIN (Employer Identification Number) is 05-0562489. 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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