Richard Dermenjian Charitable Trust
Richard Dermenjian Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Media, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 11 grants totaling $38K. Net investment income was $55K.
Key facts about Richard Dermenjian Charitable Trust
In short: Richard Dermenjian Charitable Trust gave $38K across 11 grants in 2025 (avg $3K), top state Pennsylvania. Source: 2025 IRS Form 990-PF.
- EIN
- 26-6607162
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $38,000
- Grants made (2025)
- 11
- Average grant
- $3,455
- Median grant
- $3,000
- Total assets
- $1,491,092
- Primary geography
- Pennsylvania (30% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.5M
+10.7% YoY
Annual Giving
$38K
-8.4% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$3K
+8.2% YoY
Under IRS private-foundation payout rules, Richard Dermenjian Charitable Trust reported a distributable amount of $68K for 2025 — the minimum it must pay out in qualifying distributions.
How Richard Dermenjian Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ANI MKRTCHYAN Chevy Chase, MD | COLLEGE SCHOLARSHIP | $6,500 |
| ANNA TEKEYAN Suffern, NY | COLLEGE SCHOLARSHIP | $6,000 |
| PHILIP TORIKIAN Broomall, PA | COLLEGE SCHOLARSHIP | $5,000 |
| SAREEN MINASIAN Newtown Square, PA | COLLEGE SCHOLARSHIP | $4,000 |
| VALERIE KILICYAN Paramus, NJ | COLLEGE SCHOLARSHIP | $4,000 |
| ANDRE KAZANCI Paramus, NJ | COLLEGE SCHOLARSHIP | $3,000 |
| GABRIELLE SICKLER Cinnaminson, NJ | COLLEGE SCHOLARSHIP | $3,000 |
| ANNA LEHTOLA Webster, MA | COLLEGE SCHOLARSHIP | $2,500 |
| NARE MINASIAN Newtown Square, PA | COLLEGE SCHOLARSHIP | $2,500 |
| MAYA PORTER Franklin, MA | COLLEGE SCHOLARSHIP | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,491,092 | $1,346,459 | $1,247,899 |
| Revenue | $75,301 | $100,596 | $33,495 |
| Expenses | $71,237 | $73,627 | $80,967 |
| Qualifying Distributions | $49,800 | $53,140 | $61,960 |
| Net Investment Income | $55,264 | $82,260 | $36,438 |
| Distributable Amount | $68,388 | $63,248 | $58,045 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Richard Dermenjian Charitable Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
K. Kirk Karagelian
Trustee
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
Reverend Nerses Manoogian
Trustee
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about Richard Dermenjian Charitable Trust
How much does Richard Dermenjian Charitable Trust give each year?
Richard Dermenjian Charitable Trust gave $38K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 13 grants.
What is Richard Dermenjian Charitable Trust's typical grant size?
Richard Dermenjian Charitable Trust's median grant in 2025 was $3,000, and its average grant was $3,455, across 11 grants on its 2025 IRS Form 990-PF.
Where does Richard Dermenjian Charitable Trust give grants?
Richard Dermenjian Charitable Trust's top state is Pennsylvania, with 30% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (28%) and Maryland (17%). The most frequent recipient cities were Paramus, NJ (3 grants) and Newtown Square, PA (2 grants).
Does Richard Dermenjian Charitable Trust give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on Richard Dermenjian Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarship" (11 grants).
Who are Richard Dermenjian Charitable Trust's largest grantees?
Richard Dermenjian Charitable Trust's largest 2025 grantees include Ani Mkrtchyan ($6,500), Anna Tekeyan ($6,000) and Philip Torikian ($5,000), according to its 2025 IRS Form 990-PF. Together they received 46% of its itemized 2025 grant dollars.
How large is Richard Dermenjian Charitable Trust?
Richard Dermenjian Charitable Trust reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).
What is Richard Dermenjian Charitable Trust?
Richard Dermenjian Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Media, PA. It holds $1.5M in total assets as of 2025.
What is Richard Dermenjian Charitable Trust's EIN?
Richard Dermenjian Charitable Trust's EIN (Employer Identification Number) is 26-6607162. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Richard Dermenjian Charitable Trust by hand.
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