The Asbed B Zakarian & Margaret
The Asbed B Zakarian & Margaret is a private foundation, based in Meredith, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 8 grants totaling $696K. Net investment income was $732K.
The Asbed B Zakarian & Margaret at a glance
In short: The Asbed B Zakarian & Margaret gave $696K across 8 grants in 2024 (avg $87K), top state New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $695,500
- +398.6% vs 2023
- Grants made (2024)
- 8
- +33.3% vs 2023
- Average grant
- $86,938
- +273.9% vs 2023
- Median grant
- $56,250
- Total assets
- $2,943,880
- -4.9% vs 2023
- Primary geography
- New York (43% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Asbed B Zakarian & Margaret funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Armenian Assembly of America ($260K). Together the top 8 received $696K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 30 grants of 38 (79%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How The Asbed B Zakarian & Margaret gives
- Giving grew 455% from 2021 to 2024. Method
- In 2024 it paid out 509% of its IRS minimum distribution (the 5% rule). 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 2020 to 2024, annual grant giving ranged from $93K (2020) to $696K (2024). In 2024 it made 8 grants totaling $696K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Armenian Assembly of America Washington, DC | Continued Support of Armenian Causes. | $260,000 |
| Eastern Diocese of the Armenian Church of North America New York, NY | Continued Support of Armenian Causes. | $200,000 |
| Diocese of the Armenian Church of America (Eastern) New York, NY | Continued Support of Armenian Causes. | $100,000 |
| Friends of Team Armenia Basketball Glendale, CA | Continued Support of Armenian Causes. | $100,000 |
| Armenian Church of the Holy Ascension Trumbull, CT | Continued Support of Armenian Causes. | $12,500 |
| Armenian Church of Our Savior Worcester, MA | To Support the Church's Nonprofit Religious Mission. | $10,500 |
| Armenian Museum of America Watertown, MA | Continued Support of Armenian Causes. | $10,000 |
| Holy Trinity Armenian Church of Greater Boston Cambridge, MA | Continued Support of Armenian Causes. | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,943,880 | $739,349 | $725,508 | $695,500 | 8 | $717,670 | $732,461 | $140,877 |
| 2023 | $3,095,352 | $77,396 | $174,660 | $139,500 | 6 | $162,102 | $64,002 | $145,896 |
| 2022 | $2,763,462 | $114,321 | $286,154 | $249,650 | 10 | $267,323 | $97,490 | $148,875 |
| 2021 | $3,434,228 | $151,018 | $164,557 | $125,300 | 7 | $142,877 | $133,288 | $155,021 |
| 2020 | $3,022,958 | $139,034 | $128,407 | $92,850 | 7 | — | $122,957 | $130,384 |
Under IRS private-foundation payout rules, The Asbed B Zakarian & Margaret reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Asbed B Zakarian & Margaret's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward Atamian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Herbert S. Alexander
Trustee
On filings since 2020
1 hr/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.
Frequently asked questions about The Asbed B Zakarian & Margaret
How much does The Asbed B Zakarian & Margaret give each year?
The Asbed B Zakarian & Margaret gave $696K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $140K across 6 grants.
What is The Asbed B Zakarian & Margaret's typical grant size?
The Asbed B Zakarian & Margaret's median grant in 2024 was $56,250, and its average grant was $86,938, across 8 grants on its 2024 IRS Form 990-PF.
Where does The Asbed B Zakarian & Margaret give grants?
The Asbed B Zakarian & Margaret's top state is New York, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (37%) and California (14%). The most frequent recipient cities were New York, NY (2 grants).
Does The Asbed B Zakarian & Margaret give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on The Asbed B Zakarian & Margaret's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Continued Support of Armenian Causes." (7 grants).
Who are The Asbed B Zakarian & Margaret's largest grantees?
The Asbed B Zakarian & Margaret's largest 2024 grantees include Armenian Assembly of America ($260,000), Eastern Diocese of the Armenian Church of North America ($200,000) and Diocese of the Armenian Church of America (Eastern) ($100,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.
How large is The Asbed B Zakarian & Margaret?
The Asbed B Zakarian & Margaret reported $2.9M in total assets on its 2024 IRS Form 990-PF. It paid out $718K in qualifying distributions that year, against a required minimum of $141K (roughly 5% of its investment assets).
What is The Asbed B Zakarian & Margaret's EIN?
The Asbed B Zakarian & Margaret's EIN (Employer Identification Number) is 04-6918749. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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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