The Alan K and Isabelle DerKazarian Fdn
The Alan K and Isabelle DerKazarian Fdn is a private foundation based in Belmont, Massachusetts. Its website says it supports the an individual recipient community, including organizations close to the family’s heart, and creates opportunities for students, particularly in Massachusetts.
The Alan K and Isabelle DerKazarian Fdn at a glance
In short: The Alan K and Isabelle DerKazarian Fdn gave $279K across 49 grants in 2024 (avg $6K), mostly in Massachusetts. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $278,500
- +32.6% vs 2023
- Grants made (2024)
- 49
- +4.3% vs 2023
- Average grant
- $5,684
- +27.2% vs 2023
- Median grant
- $2,000
- Total assets
- $1,399,985
- +7.4% vs 2023
- New grantees (estimate)
- 14% first-time grantees (6 of 43, 2024)
- Primary geography
- Massachusetts (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Alan K and Isabelle DerKazarian Fdn
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests. Its website invites eligible 501(c)(3) organizations to submit a grant request form by email, together with supporting documents: an IRS 501(c)(3) determination letter, current W-9, project or program budget, organization operating budget, and most recent Form 990, if filed. The foundation’s filing says applications should describe the requesting organization’s charitable purpose and the purpose of the requested contribution, and include the organization’s most recent Form 990 or equivalent. Organizations seeking support for more than one distinct project or program should submit a separate application for each. Applying does not guarantee funding, and award restrictions are determined case by case.
- Review Cycle
- The filing lists November 30 of the current year.
- Deadline
- The filing lists November 30 of the current year.
- Contact
Application contact: The Alan K And Isabelle Derkazarian
Mailing address: 63 Hamilton Road, Belmont, MA 02478-4038
Phone: (617) 489-3215
Website: https://derkazarianfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Alan K and Isabelle DerKazarian Fdn funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was St James Armenian Apostolic Church ($60K). Together the top 10 received $167K.
Organizations only. It also paid 6 individual scholarships ($35,000), which are not listed by name.
Grant Size Distribution
207 grants across all recorded years
The most common grant size was under $50K: 203 grants of 207 (98%).
Geographic Focus
Where this funder awards grants
The foundation says it focuses on the an individual recipient community and creates opportunities for students around Massachusetts. Its 2024 grant dollars were concentrated in Massachusetts: the filing reports 90% going to recipients in the state. The listed remaining recipient-state shares were California, Connecticut, and Iowa at 2% each, and the District of Columbia at 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 49 itemized grants.
States
Cities
Is The Alan K and Isabelle DerKazarian Fdn open to new grantees?
14%
first-time grantees, 2024
In 2024, 6 of 43 grantees (14%) were first-time recipients. First grants averaged $1K; repeat grants $6K. How we count
Medians: $1K first-time, $2K repeat.
- 81% of 2024 grantees were also funded in 2023. Method
- Giving grew 38% from 2021 to 2024. Method
- In 2024 it paid out 74% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $135K (2020) to $287K (2022). In 2024 it made 49 grants totaling $279K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St James Armenian Apostolic Church Watertown, MA | To help fund acquisition of Watertown Library property adjacent to the Church's property. | $60,000 |
| MDS Foundation Inc Southborough, MA | Unrestricted | $30,000 |
| Natl Assn for Armenian Studies and Belmont, MA | Unrestricted | $20,000 |
| Beth Israel Deaconess Hospital Boston, MA | BIDMC DerKazarian Foundation NICU Support Fund | $20,000 |
| Ethnic Arts Center of Somerville In Somerville, MA | Expansion of Armenian folktale puppet shows | $10,000 |
| 6 individual scholarships Recipients not named | — | $35,000 |
| Belmont Hill School Belmont, MA | Annual fund and Washington DC field trip | $7,000 |
| Boston Childrens Hospital Boston, MA | Every Child Fund | $5,000 |
| Friends of Mt Auburn Cemetery Cambridge, MA | Unrestricted | $5,000 |
| Falmouth Commodores Falmouth, MA | Unrestricted | $5,000 |
Ready to take the next step with The Alan K and Isabelle DerKazarian Fdn?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,399,985 | $436,710 | $339,861 | $278,500 | 49 | $339,701 | $436,710 | $456,326 |
| 2023 | $1,302,933 | $451,621 | $252,657 | $210,011 | 47 | $252,497 | $202,196 | $355,186 |
| 2022 | $1,103,258 | $396,388 | $308,725 | $286,617 | 37 | $308,459 | $275,488 | $303,341 |
| 2021 | $1,015,595 | $322,291 | $223,197 | $202,068 | 37 | $222,753 | $217,224 | $310,236 |
| 2020 | $916,501 | $241,053 | $146,306 | $134,500 | 37 | — | $139,960 | $219,323 |
Under IRS private-foundation payout rules, The Alan K and Isabelle DerKazarian Fdn reported a distributable amount of $456K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to support the an individual recipient community by aiding organizations close to the family’s heart and creating opportunities for people, specifically students, around Massachusetts. Its website identifies students, healthcare organizations, Armenian cultural organizations, and local charities among its beneficiaries.
Grantee descriptions illustrate the range of organizations it supports. MDS Foundation says it directs charitable resources toward improving Massachusetts residents’ oral health. Belmont Hill School says it educates boys and encourages them to develop character, pursue their interests, and build skills including critical thinking and teamwork. Other 2024 recipients include food assistance organizations: Belmont Food Pantry says it provides food and assistance to Belmont residents, while the an individual recipient Food Bank describes distributing food through member agencies and direct distribution sites.
Grantmaking
In filing year 2024, the foundation reported 49 grants totaling $278,500. Grant amounts ranged from $1,000 to $60,000, with a median of $2,000.
Among the largest reported grants were $60,000 to St. James Armenian Apostolic Church for help funding acquisition of property adjacent to the church; $30,000 to MDS Foundation, listed as unrestricted; $20,000 to the National Association for Armenian Studies and Research, listed as unrestricted; and $20,000 to Beth Israel Deaconess Hospital for its DerKazarian Foundation NICU Support Fund. Other 2024 grants included $10,000 to the Ethnic Arts Center of Somerville for expansion of Armenian folktale puppet shows and $10,000 to an individual recipient for an educational scholarship.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Alan H DerKazarian, Isabelle DerKazarian, Susan DerKazarian, and Mark C DerKazarian as trustees. The foundation’s website says Alan DerKazarian assumed the foundation’s reins in 2016 after his father passed away.
The Alan K and Isabelle DerKazarian Fdn's 2024 filing lists 4 officers; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Alan H DerKazarian
Trustee
On filings since 2020
8 hrs/week
$6K (2020) → $16K (2024)
Isabelle DerKazarian
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Mark C DerKazarian
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Susan DerKazarian
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $16K, to Alan H DerKazarian (Trustee).
Frequently asked questions about The Alan K and Isabelle DerKazarian Fdn
How much does The Alan K and Isabelle DerKazarian Fdn give each year?
The Alan K and Isabelle DerKazarian Fdn gave $279K across 49 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $210K across 47 grants.
What is The Alan K and Isabelle DerKazarian Fdn's typical grant size?
The Alan K and Isabelle DerKazarian Fdn's median grant in 2024 was $2,000, and its average grant was $5,684, across 49 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Alan K and Isabelle DerKazarian Fdn that year got $1K on average.
Where does The Alan K and Isabelle DerKazarian Fdn give grants?
The Alan K and Isabelle DerKazarian Fdn gives mostly in Massachusetts: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Belmont, MA (9 grants), Boston, MA (8 grants), Watertown, MA (2 grants) and Cambridge, MA (2 grants).
Does The Alan K and Isabelle DerKazarian Fdn give general operating support?
Yes: 67% of The Alan K and Isabelle DerKazarian Fdn's 2024 grants with a stated purpose (33 of 49) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Educational Scholarship" (6 grants).
Who are The Alan K and Isabelle DerKazarian Fdn's largest grantees?
The Alan K and Isabelle DerKazarian Fdn's largest 2024 grantees include St James Armenian Apostolic Church ($60,000), MDS Foundation Inc ($30,000) and Natl Assn for Armenian Studies and ($20,000), according to its 2024 IRS Form 990-PF. It also paid 6 individual scholarships ($35,000), which are not listed by name. Together they received 39% of its itemized 2024 grant dollars.
How large is The Alan K and Isabelle DerKazarian Fdn?
The Alan K and Isabelle DerKazarian Fdn reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $340K in qualifying distributions that year, against a required minimum of $456K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Alan K and Isabelle DerKazarian Fdn fund?
The foundation’s stated mission is to support the an individual recipient community by aiding organizations close to the family’s heart and creating opportunities for people, specifically students, around Massachusetts. See mission & focus areas ↑
How do I apply for a grant from The Alan K and Isabelle DerKazarian Fdn?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Alan K and Isabelle DerKazarian Fdn's EIN?
The Alan K and Isabelle DerKazarian Fdn's EIN (Employer Identification Number) is 02-0762484. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Alan K and Isabelle DerKazarian Fdn accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Alan K and Isabelle DerKazarian Fdn funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/the-alan-k-and-isabelle-derkazarian-fdn-morg_aae1cc8b26444e3ea4698c6f2aebf796
BibTeX
@misc{grantable_020762484_2026,
author = {{Grantable}},
title = {{The Alan K and Isabelle DerKazarian Fdn funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-alan-k-and-isabelle-derkazarian-fdn-morg_aae1cc8b26444e3ea4698c6f2aebf796},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Alan K and Isabelle DerKazarian Fdn's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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