Sarkisian Foundation
Sarkisian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $710K in total assets. In 2024, it awarded 12 grants totaling $52K. Net investment income was $70K.
Key facts about Sarkisian Foundation
- EIN
- 20-3983247
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $52,157
- Grants made (2024)
- 12
- Average grant
- $4,346
- Median grant
- $2,479
- New grantees (estimate)
- 8% first-time grantees (1 of 12, 2024)
- Total assets
- $710,324
- Primary geography
- New Jersey (35% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Sarkisian Foundation funds
By grant dollars, the top recipient states for Sarkisian Foundation's 12 itemized 2024 grants were New Jersey (35%), Illinois (23%) and New York (19%). The most frequent recipient cities were Glendale, CA (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is Sarkisian Foundation open to new grantees?
8%
first-time grantees, 2024
In 2024, 1 of 12 grantees (8%) were first-time recipients. First grants averaged $12K; repeat grants $4K. How we count
Medians: $12K first-time, $2K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving fell 38% from 2021 to 2024. Method
- In 2024 it paid out 155% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$710K
+5.0% YoY
Annual Giving
$52K
+30.9% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$4K
+41.8% YoY
Under IRS private-foundation payout rules, Sarkisian Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Sarkisian Foundation
Based on IRS filings
Sarkisian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $710K in total assets. In 2024, it awarded 12 grants totaling $52K. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $710,324 | $676,695 | $686,833 |
| Revenue | $95,320 | $38,635 | $2,015 |
| Expenses | $53,832 | $41,747 | $60,764 |
| Qualifying Distributions | $53,032 | $40,809 | $57,918 |
| Net Investment Income | $69,505 | $13,209 | $9,632 |
| Distributable Amount | $34,176 | $32,522 | $33,594 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Make a Wish Foundation of Illinois ($12,000), Amaa ($12,000), Armenian Diocese of America ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAKE A WISH FOUNDATION OF ILLINOIS CHICAGO, IL | GENERAL FUNDS | $12,000 |
| AMAA PARAMUS, NJ | GENERAL FUNDS | $12,000 |
| ARMENIAN DIOCESE OF AMERICA NEW YORK, NY | GENERAL FUNDS | $10,000 |
| ARMENIAN MUSEUM GLENDALE, CA | GENERAL FUNDS | $4,000 |
| HOLY CROSS ARMENIAN CHURCH UNION CITY, NJ | GENERAL FUNDS | $3,000 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | GENERAL FUNDS | $2,957 |
| MERCY CENTER ASBURY PARK, NJ | GENERAL FUNDS | $2,000 |
| MISSION AVIATION FELLOWSHIP NAMPA, ID | GENERAL FUNDSGENERAL FUNDS | $2,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | GENERAL FUNDSGENERAL FUNDS | $1,200 |
| ARMENIAN EVANGELICAL UNION OF NA GLENDALE, CA | GENERAL FUNDS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ralph Sarkisian | President | 0.5 | — |
| Mike Noble | Vice President | — | — |
| John Hayes | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sarkisian Foundation?
Sarkisian Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. It holds $710K in total assets as of 2024.
How large is Sarkisian Foundation?
As of 2024, Sarkisian Foundation holds $710K in total assets with $95K in annual revenue. It awarded 12 grants totaling $52K in 2024.
Where does Sarkisian Foundation operate?
Sarkisian Foundation has awarded grants in Arizona, California, Colorado, Idaho, Illinois, Massachusetts, New Jersey, New York, South Dakota, Tennessee.
What size grants does Sarkisian Foundation award?
In 2024, Sarkisian Foundation awarded 12 grants totaling $52K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sarkisian Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sarkisian Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sarkisian Foundation's EIN?
Sarkisian Foundation's EIN (Employer Identification Number) is 20-3983247. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.