Richard Melik Simonian Charitable Trust is a private foundation focused on Education, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 22 grants totaling $149K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+31.6% YoY
Annual Giving
$149K
-8.8% YoY
Grant Count
22
-12.0% YoY
Avg Grant Size
$7K
+3.6% YoY
Under IRS private-foundation payout rules, Richard Melik Simonian Charitable Trust reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard Melik Simonian Charitable Trust
Based on IRS filings
Richard Melik Simonian Charitable Trust is a private foundation focused on Education, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 22 grants totaling $149K. Net investment income was $40K.
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 | $1,989,864 | $1,511,690 | $951,751 |
| Revenue | $667,871 | $771,569 | $1,157,987 |
| Expenses | $189,697 | $211,630 | $162,945 |
| Qualifying Distributions | $149,100 | $163,500 | $147,000 |
| Net Investment Income | $40,018 | $246,431 | $447,550 |
| Distributable Amount | $100,815 | $57,237 | $33 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Armenian Museum of America ($50,000), Gayane Badalyan ($8,000), Ani Nanor Manjikian ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEXANDRE HANANIAN BELMONT, MA | EDUCATIONAL SCHOLARSHIP | $2,500 |
| ALINA DONOIAN MILLIS, MA | EDUCATIONAL SCHOLARSHIP | $2,000 |
| ANI NANOR MANJIKIAN WATERTOWN, MA | EDUCATIONAL SCHOLARSHIP | $7,000 |
| ANTHONY DEMARCO BELMONT, MA | EDUCATIONAL SCHOLARSHIP | $2,500 |
| ANYA KEOMURJIAN WALTHAM, MA | EDUCATIONAL SCHOLARSHIP | $4,000 |
| ARMENIAN MUSEUM OF AMERICA WATERTOWN, MA | EDUCATIONAL | $50,000 |
| ARSEN MELKUMYAN NASHUA, NH | EDUCATIONAL SCHOLARSHIP | $5,000 |
| CLARK UNIVERSITY - STRASSLER CENTER FOR HOLOCAUST AND GENOCIDE STUDIES WORCESTER, MA | EDUCATIONAL | $5,100 |
| DIANA HAYRAPETYAN WORCESTER, MA | EDUCATIONAL SCHOLARSHIP | $7,000 |
| EMMELIA TAQUOHIE HABIB SOUTHBOROUGH, MA | EDUCATIONAL SCHOLARSHIP | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER R MITCHELL | TRUSTEE | 1 | — |
| MICHAEL B MURRAY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard Melik Simonian Charitable Trust?
Richard Melik Simonian Charitable Trust is a private foundation focused on Education, based in WORCESTER, MA. It holds $2.0M in total assets as of 2024.
How large is Richard Melik Simonian Charitable Trust?
As of 2024, Richard Melik Simonian Charitable Trust holds $2.0M in total assets with $668K in annual revenue. It awarded 22 grants totaling $149K in 2024.
Where does Richard Melik Simonian Charitable Trust operate?
Richard Melik Simonian Charitable Trust has awarded grants in California, Illinois, Indiana, Massachusetts, New Hampshire.
What size grants does Richard Melik Simonian Charitable Trust award?
In 2024, Richard Melik Simonian Charitable Trust awarded 22 grants totaling $149K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Richard Melik Simonian Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Melik Simonian Charitable Trust reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard Melik Simonian Charitable Trust's EIN?
Richard Melik Simonian Charitable Trust's EIN (Employer Identification Number) is 85-1575098. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard Melik Simonian Charitable Trust'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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