Panosian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMIRA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 42 grants totaling $96K. Net investment income was $226K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+9.7% YoY
Annual Giving
$96K
+9.8% YoY
Grant Count
42
+5.0% YoY
Avg Grant Size
$2K
+4.5% YoY
Under IRS private-foundation payout rules, Panosian Family Foundation Inc reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.
About Panosian Family Foundation Inc
Based on IRS filings
Panosian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMIRA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 42 grants totaling $96K. Net investment income was $226K.
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 | $1,474,233 | $1,344,240 | $1,426,197 |
| Revenue | $234,958 | $13,495 | $440,884 |
| Expenses | $104,965 | $95,452 | $82,061 |
| Qualifying Distributions | $95,500 | $87,000 | $70,500 |
| Net Investment Income | $225,743 | $29,250 | $35,296 |
| Distributable Amount | $69,936 | $68,724 | $62,941 |
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
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First United Methodist Church ($6,000), Catholic Charities of Chemungschuyler ($5,000), Community Foundation of Elmira-corning and the Finger Lakes Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABMEN NYS ROCHESTER, NY | GIFT FOR OPERATIONS | $1,000 |
| ACTS TWIN TIERS ELMIRA, NY | GIFT FOR SPIRITUAL CARE TODAY EVENT & OPERATIONS | $1,000 |
| ARMENIAN MISSIONARY ASSOCIATION INC PARAMUS, NJ | GIFT FOR OPERATIONS | $500 |
| ARNOT HEALTH FOUNDATION - CHAPLAINCY SPIRITUAL CARE PROGRAM ELMIRA, NY | GIFT FOR CHAPLAINCY SPIRITUAL CARE PROGRAM | $2,000 |
| ARNOT OGDEN MEDICAL CENTER ELMIRA, NY | GIFT FOR SPIRITUAL CARE TODAY EVENT | $1,000 |
| BETHANY LUTHERAN CHURCH ELMIRA, NY | GIFT FOR OPERATIONS | $1,500 |
| BETHANY VILLAGE CHAPLAINCY PROGRAM HORSEHEADS, NY | GIFT FOR OPERATIONS | $500 |
| BORDER BUDDIES MINISTRIES INC SAN ANTONIO, TX | GIFT FOR OPERATIONS | $1,500 |
| CATHOLIC CHARITIES OF CHEMUNGSCHUYLER ELMIRA, NY | GIFTS FOR SPIRITUAL CARE TODAY EVENT & OPERATIONS | $5,000 |
| CHRISTIAN FAITH FELLOWSHIP ELMIRA, NY | GIFT FOR OPERATIONS | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN P FRISBIE | PRESIDENT | — | — |
| DANIEL P PANOSIAN | SCTRY/TREAS | — | — |
| DAVID M PANOSIAN | DIRECTOR | — | — |
| RONALD N PANOSIAN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Panosian Family Foundation Inc?
Panosian Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELMIRA, NY. It holds $1.5M in total assets as of 2024.
How large is Panosian Family Foundation Inc?
As of 2024, Panosian Family Foundation Inc holds $1.5M in total assets with $235K in annual revenue. It awarded 42 grants totaling $96K in 2024.
Where does Panosian Family Foundation Inc operate?
Panosian Family Foundation Inc has awarded grants in California, New Jersey, New York, Pennsylvania, Texas.
What size grants does Panosian Family Foundation Inc award?
In 2024, Panosian Family Foundation Inc awarded 42 grants totaling $96K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Panosian Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Panosian Family Foundation Inc reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Panosian Family Foundation Inc's EIN?
Panosian Family Foundation Inc's EIN (Employer Identification Number) is 16-1487436. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Panosian Family Foundation Inc'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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