The Avanessians Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64.0M in total assets. In 2024, it awarded 1 grants totaling $2.4M. Net investment income was $5.6M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$64.0M
+5.7% YoY
Annual Giving
$2.4M
-52.9% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$2.4M
+88.3% YoY
About The Avanessians Foundation
Based on IRS filings
The Avanessians Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $64.0M in total assets. In 2024, it awarded 1 grants totaling $2.4M. Net investment income was $5.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $64,020,212 | $60,549,452 | $58,341,746 |
| Revenue | $5,672,027 | $8,817,934 | $2,781,725 |
| Expenses | $2,673,968 | $5,352,227 | $3,246,877 |
| Qualifying Distributions | $2,437,736 | $5,167,016 | $3,121,770 |
| Net Investment Income | $5,550,795 | $5,677,623 | $1,060,932 |
| Distributable Amount | $3,493,292 | $3,052,301 | $4,619,055 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARMEN A AVANESSIANS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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