Levon & Claudia Nazarian Family
The Levon & Claudia Nazarian Family Foundation is a private foundation established in 2002 and based in Cherry Hill, New Jersey. As a 501(c)(3) organization, it operates as a grantmaking foundation dedicated to supporting various public charitable institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+0.2% YoY
Annual Giving
$368K
+20.5% YoY
Grant Count
20
-4.8% YoY
Avg Grant Size
$18K
+26.5% YoY
Mission & Focus Areas
The foundation's primary purpose is to support the activities of various public charitable institutions that are exempt under 501(c)(3) status. Its funding priorities include education, philanthropy and grantmaking, and human services.
Grantmaking
The foundation maintains a modest but active grantmaking program. Recent grant activity includes:
Grant Range
**: Awards typically range from $500 to $270,000
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on New York, New Jersey, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $5,281,697 (2024)
- Total Revenues: $429,282 (2024)
- Total Expenses: $417,914 (2024)
- Total Liabilities: $0 (2024)
- Staff: 0 employees
The foundation maintains a healthy financial position with assets significantly exceeding annual expenses, indicating a long-term commitment to sustained grantmaking.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,281,697 | $5,270,329 | $5,442,123 |
| Revenue | $429,282 | $180,689 | $272,220 |
| Expenses | $417,914 | $352,483 | $353,568 |
| Qualifying Distributions | $372,500 | $310,400 | $307,000 |
| Net Investment Income | $383,868 | $138,606 | $238,368 |
| Distributable Amount | $297,147 | $280,996 | $296,578 |
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
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEVON NAZARIAN | DIRECTOR | 5 | — |
| CLAUDIA NAZARIAN | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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