The Aragats Foundation Inc
The Aragats Foundation Inc is a private foundation, based in Ithaca, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $186K in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $10K.
The Aragats Foundation Inc at a glance
In short: The Aragats Foundation Inc gave $5K across 1 grant in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $5,000
- -50.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $5,000
- -50.0% vs 2024
- Median grant
- $5,000
- Total assets
- $185,614
- +13.0% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Aragats Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Cornell University ($5K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Aragats Foundation Inc gives
- Giving grew 25% from 2022 to 2025. Method
- In 2025 it paid out 79% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $600 (2020) to $21K (2023). In 2025 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornell University Ithaca, NY | To Build Capacity in Humanitarian Satellite Monitoring | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $185,614 | $30,528 | $9,181 | $5,000 | 1 | $9,181 | $10,463 | $11,637 |
| 2024 | $164,267 | $12,550 | $67,898 | $10,000 | 1 | $67,250 | $11,490 | $12,071 |
| 2023 | $219,615 | $67,677 | $48,774 | $20,800 | 1 | $48,774 | $6,587 | $11,444 |
| 2022 | $200,712 | $63,998 | $22,925 | $4,000 | 1 | $22,175 | $9,898 | $9,807 |
| 2021 | $159,639 | $77,776 | $125,837 | $1,966 | 1 | $124,581 | $17,105 | $10,304 |
| 2020 | $207,700 | $11,586 | $4,286 | $600 | 1 | — | $11,586 | $9,700 |
| 2019 | $200,400 | $14,561 | $2,185 | $1,725 | 1 | — | $14,561 | $9,371 |
Under IRS private-foundation payout rules, The Aragats Foundation Inc reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Aragats Foundation Inc is led by Adam T. Smith, Director & Chairperson on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Adam T. Smith
Director & Chairperson
On filings since 2019
4 hrs/week
No compensation reported
Elen Aghekyan
Director & Secretary
On filings since 2019
1 hr/week
No compensation reported
Lori Khatchadourian
Director & Treasurer
On filings since 2019
4 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Aragats Foundation Inc
How much does The Aragats Foundation Inc give each year?
The Aragats Foundation Inc gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 1 grant.
How large is The Aragats Foundation Inc?
The Aragats Foundation Inc reported $186K in total assets on its 2025 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $12K (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.
Where does The Aragats Foundation Inc operate?
The Aragats Foundation Inc has awarded grants in Colorado, Indiana, New York.
What is The Aragats Foundation Inc's EIN?
The Aragats Foundation Inc's EIN (Employer Identification Number) is 47-1254570. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
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