Mary Sarian Foundation
Mary Sarian Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 4 grants totaling $90K. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
+1.4% YoY
Annual Giving
$90K
+350.0% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$23K
+12.5% YoY
Under IRS private-foundation payout rules, Mary Sarian Foundation reported a distributable amount of $219K for 2024 — the minimum it must pay out in qualifying distributions.
About Mary Sarian Foundation
Based on IRS filings
Mary Sarian Foundation is a private foundation, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 4 grants totaling $90K. Net investment income was $153K.
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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 | $3,944,013 | $3,889,233 | $464,798 |
| Revenue | $159,722 | $3,454,721 | $125,344 |
| Expenses | $104,942 | $30,286 | $84,387 |
| Qualifying Distributions | $94,147 | $23,009 | $79,713 |
| Net Investment Income | $153,491 | $88,759 | $45,670 |
| Distributable Amount | $219,307 | $155,324 | $26,578 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Armenian Evangelical Union of North America-camp Arev ($25,000), Armenian Missionary Association of America Inc ($25,000), Armenian Evangelical Schools of California Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARMENIAN EVANGELICAL SCHOOLS OF CALIFORNIA INC SHERMAN OAKS, CA | GENERAL SUPPORT | $20,000 |
| ARMENIAN EVANGELICAL UNION OF NORTH AMERICA-CAMP AREV GLENDALE, CA | PHASE 2 BUILDING PROJECT | $25,000 |
| UNITED ARMENIAN CONGREGATIONAL CHURCH LOS ANGELES, CA | ANNUAL BANQUET SPONSORSHIP | $20,000 |
| ARMENIAN MISSIONARY ASSOCIATION OF AMERICA INC PARAMUS, NJ | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE R PHILLIPS SR | TRUSTEE/PRESIDENT | 0.1 | — |
| GARY R PHILLIPS | TRUSTEE/SECRETARY/VICE PRE | 0.2 | — |
| GEORGE R PHILLIPS JR | TRUSTEE/TREASURER | 0.2 | — |
| ALBERT J PHILLIPS MD | TRUSTEE/ASST. TREASURER | 0.1 | — |
Frequently Asked Questions
How large is Mary Sarian Foundation?
As of 2024, Mary Sarian Foundation holds $3.9M in total assets with $160K in annual revenue. It awarded 4 grants totaling $90K in 2024.
Where does Mary Sarian Foundation operate?
Mary Sarian Foundation has awarded grants in California, Colorado, New Jersey.
What size grants does Mary Sarian Foundation award?
In 2024, Mary Sarian Foundation awarded 4 grants totaling $90K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Mary Sarian Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary Sarian Foundation reported a distributable amount of $219K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mary Sarian Foundation's EIN?
Mary Sarian Foundation's EIN (Employer Identification Number) is 23-7004804. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mary Sarian Foundation'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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