The Asbed B Zakarian & Margaret

MEREDITH, NH EIN: 04-6918749

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

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $481K (37%)

Massachusetts $366K (28%)

District of Columbia $275K (21%)

California $150K (12%)

Connecticut $31K (2%)

States

California Connecticut District of Columbia Massachusetts New York

Cities

BelmontBostonBurbankCambridgeGlendaleNew YorkTrumbullWashingtonWatertownWellesleyWoburnWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.