Nazarian Family Foundation

ENGLEWOOD CLIFFS, NJ EIN: 11-2889824 Website

The Nazarian Family Foundation is a private foundation established in 1987 and located in Englewood Cliffs, New Jersey. It is designated as a 501(c)(3) tax-exempt organization and operates as a grantmaking foundation supporting charitable activities and institutions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

-1.1% YoY

Annual Giving

$696K

-16.8% YoY

Grant Count

-8.7% YoY

Avg Grant Size

$33K

-8.9% YoY

Under IRS private-foundation payout rules, Nazarian Family Foundation reported a distributable amount of $544K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include higher education and Armenian organizations. It provides support to help activities of various public charitable institutions that are exempt under 501(c)(3).

Grantmaking

The foundation made 33 grants in 2024. Recent grants include:

Grant Range

is approximately $10,000, with an average grant size of $36,400. Grant amounts typically range from $500 to $270,000.

Average Grant

of $36,400. Grant amounts typically range from $500 to $270,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds activities in the United States, with particular focus on New York, New Jersey, and Virginia.

Grant Distribution by State

New York $2.0M (57%)

Connecticut $812K (23%)

New Jersey $373K (10%)

California $159K (4%)

Massachusetts $133K (4%)

Vermont $37K (1%)

Maryland $25K (1%)

District of Columbia $10K (0%)

+2 more states

States

California Connecticut District of Columbia Indiana Massachusetts Maryland New Jersey New York Pennsylvania Vermont

Cities

AltadenaArlingtonBogotaBristolBurbankCarmelCity Of OrangeCroton FallsEnglewoodFair LawnGlendaleHackensackHartfordHaworthHunt ValleyLos AngelesMiddletownNeedhamNew MilfordNew Rochelle

Financial History

Multi-year comparison from IRS filings

As of November 2024:

Total Assets: $4,949,578
Total Revenue: $708,122
Total Expenses: $761,633
Total Liabilities: $0
Number of Employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,949,578	$5,003,089	$5,521,889
Revenue	$708,122	$387,994	$562,186
Expenses	$761,633	$906,794	$801,438
Qualifying Distributions	$700,000	$843,625	$727,250
Net Investment Income	$646,489	$330,328	$502,424
Distributable Amount	$543,657	$482,152	$527,247

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

131 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 ($286,500), Wesleyan University ($245,000), Fund for Armenian Relief ($35,000).

Recipient	Purpose	Amount
ANDIAMO MOTORCYCLE CHARITY RUN HAWORTH, NJ	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$2,000
ARMENIAN GENERAL BENEVOLENT UNION NEW YORK, NY	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$286,500
CAMPAIGN TO KEEP GUNS OFF CAMPUS CROTON FALLS, NY	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$10,000
CONNECTICUT PUBLIC BROADCASTING INC HARTFORD, CT	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$5,000
DIOCESE OF THE ARMENIAN CHURCH OF AMERICA NEW YORK, NY	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$25,000
FRIENDS OF THE HAWORTH MUNICIPAL LIBRARY HAWORTH, NJ	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$1,000
FUND FOR ARMENIAN RELIEF NEW YORK, NY	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$35,000
HAWORTH ROAD RUNNER'S ASSOCIATION HAWORTH, NJ	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$1,000
HAWORTH VOLUNTEER AMBULANCE CORP HAWORTH, NJ	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$1,000
HOLY MARTYRS ARMENIAN DAY SCHOOL OAKLAND GARDENS, NY	TO HELP ACTIVITIES OF VAR PUBLIC CHAR INST WHICH ARE EXEMPT UNDER 501(C)(3)	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

Nazar Nazarian (Director)
Seta Nazarian (Director)
William Nazarian (Director)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SETA NAZARIAN	DIRECTOR	5	—
WILLIAM NAZARIAN	DIRECTOR	5	—
NICHOLAS NAZARIAN	DIRECTOR	5	—

Contact Information

Address: Co Everest, 720 E Palisade Ave 10, Englewood Cliffs, NJ 07632

Telephone: 201-408-5227

EIN: 11-2889824

Frequently Asked Questions

What does Nazarian Family Foundation fund?

How do I apply for a grant from Nazarian Family Foundation?

The foundation made 33 grants in 2024. Recent grants include: • Psi Chi - Wesleyan University: $245,000 • Fund for Armenian Relief (FAR): $35,000 • Link Education Partners: $30,000 The median grant size is approximately $10,000, with an average grant size of $36,400. Grant amounts typically range from $500 to $270,000.

Where does Nazarian Family Foundation make grants?

The foundation primarily funds activities in the United States, with particular focus on New York, New Jersey, and Virginia.

What size grants does Nazarian Family Foundation award?

In 2024, Nazarian Family Foundation awarded 21 grants totaling $696K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is Nazarian Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nazarian Family Foundation reported a distributable amount of $544K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.