The Asbed B Zakarian & Margaret
The Asbed B Zakarian & Margaret is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-4.9% YoY
Annual Giving
$696K
+398.6% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$87K
+273.9% YoY
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.
About The Asbed B Zakarian & Margaret
Based on IRS filings
The Asbed B Zakarian & Margaret is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $2,943,880 | $3,095,352 | $2,763,462 |
| Revenue | $739,349 | $77,396 | $114,321 |
| Expenses | $725,508 | $174,660 | $286,154 |
| Qualifying Distributions | $717,670 | $162,102 | $267,323 |
| Net Investment Income | $732,461 | $64,002 | $97,490 |
| Distributable Amount | $140,877 | $145,896 | $148,875 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Armenian Assembly of America ($260,000), Eastern Diocese of the Armenian Church of North America ($200,000), Diocese of the Armenian Church of America (eastern) ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARMENIAN CHURCH OF OUR SAVIOR WORCESTER, MA | TO SUPPORT THE CHURCH'S NONPROFIT RELIGIOUS MISSION. | $10,500 |
| ARMENIAN CHURCH OF THE HOLY ASCENSION TRUMBULL, CT | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $12,500 |
| ARMENIAN ASSEMBLY OF AMERICA WASHINGTON, DC | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $260,000 |
| DIOCESE OF THE ARMENIAN CHURCH OF AMERICA (EASTERN) NEW YORK, NY | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $100,000 |
| HOLY TRINITY ARMENIAN CHURCH OF GREATER BOSTON CAMBRIDGE, MA | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $2,500 |
| FRIENDS OF TEAM ARMENIA BASKETBALL GLENDALE, CA | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $100,000 |
| ARMENIAN MUSEUM OF AMERICA WATERTOWN, MA | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $10,000 |
| EASTERN DIOCESE OF THE ARMENIAN CHURCH OF NORTH AMERICA NEW YORK, NY | CONTINUED SUPPORT OF ARMENIAN CAUSES. | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HERBERT S ALEXANDER | TRUSTEE | 1 | — |
| EDWARD ATAMIAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Asbed B Zakarian & Margaret?
The Asbed B Zakarian & Margaret is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEREDITH, NH. It holds $2.9M in total assets as of 2024.
How large is The Asbed B Zakarian & Margaret?
As of 2024, The Asbed B Zakarian & Margaret holds $2.9M in total assets with $739K in annual revenue. It awarded 8 grants totaling $696K in 2024.
Where does The Asbed B Zakarian & Margaret operate?
The Asbed B Zakarian & Margaret has awarded grants in California, Connecticut, District of Columbia, Massachusetts, New York.
What size grants does The Asbed B Zakarian & Margaret award?
In 2024, The Asbed B Zakarian & Margaret awarded 8 grants totaling $696K — an average of about $87K per grant, based on its IRS Form 990 filings.
How much is The Asbed B Zakarian & Margaret required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Asbed B Zakarian & Margaret reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.