The Khachaturian Foundation

Private foundation · Grantmaker Redwood City, CA EIN: 94-3337684

The Khachaturian Foundation is a private foundation based in Redwood City, California. It reported 28 grants totaling $1,329,000 in filing year 2024.

Key facts about The Khachaturian Foundation

In short: The Khachaturian Foundation gave $1.3M across 28 grants in 2024 (avg $47K), mostly in California. 11% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
94-3337684
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,329,000
Grants made (2024)
28
Average grant
$47,464
Median grant
$42,000
New grantees (estimate)
11% first-time grantees (3 of 28, 2024)
Total assets
$32,242,353
Primary geography
California (71% of itemized 2024 grant dollars)
How to apply
The foundation’s filing says it does not restrict giving to preselected organizations. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.2M

+5.8% YoY

Annual Giving

$1.3M

-15.1% YoY

Grant Count

28

-3.4% YoY

Avg Grant Size

$47K

-12.0% YoY

Under IRS private-foundation payout rules, The Khachaturian Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.

Is The Khachaturian Foundation open to new grantees?

11%

first-time grantees, 2024

In 2024, 3 of 28 grantees (11%) were first-time recipients. First grants averaged $18K; repeat grants $51K. How we count

Medians: $20K first-time, $50K repeat.

  • 89% of 2024 grantees were also funded in 2023. Method
  • Giving fell 25% from 2021 to 2024. Method
  • In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including food access, education, health and care, children’s services, and community support. For example, Second Harvest of Silicon Valley describes its mission as providing more food, healthy food, and better access to food to help realize a hunger-free community. Woodland School says it seeks to develop children’s intellect and character through academics, individualized attention, and community values. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In filing year 2024, the foundation awarded 28 grants totaling $1,329,000. Grants ranged from $10,000 to $150,000, with a median of $42,000.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

In 2024, 71% of grant dollars went to recipients in California. Other reported recipient-state shares were DC (8%), Tennessee (5%), New York (5%), and Illinois (4%). The grants included both California organizations and recipients elsewhere in the United States.

Grant Distribution by State

15states

Share of 2024 grant dollars across all 28 itemized grants.

Cities

San FranciscoSan MateoWashingtonOaklandGlendaleChicagoRedwood CityArlingtonFairfieldMemphisSan JoseTopekaNew YorSacramentoSalt Lake CitySpringfieldConcordLa CrescentaPalo AltoSanta Barbara

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M39 grants2020 32 grants2021 31 grants2022 29 grants2023 28 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2024) to $1.8M (2021). In 2024 it made 28 grants totaling $1.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American Red Cross: $150KAmerican Red Cross$150KSt Gregorys Armenian Church: $150KSt Gregorys Armenian Church$150KSecond Harvest of Silicon Valley: $100KSecond Harvest of SiliconValley$100KWoodland School: $75KWoodland School$75KSt Judes Children Research: $70KSt Judes Children Research$70KUNICEF USA: $65KUNICEF USA$65KThe Samaratin House: $55KThe Samaratin House$55KMake a Wish FD: $55KMake a Wish FD$55KKZV Armenian School: $50KKZV Armenian School$50KAremian Fund: $50KAremian Fund$50K

The largest 2024 recipient was American Red Cross ($150K). Together the top 10 received $820K.

Grant Size Distribution

159 grants across all recorded years

96<$50K39$50–100K24$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 96 grants of 159 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Red Cross Sacramento, CAGeneral Purpose$150,000
St Gregorys Armenian Church San Francisco, CAGeneral Purpose$150,000
Second Harvest of Silicon Valley San Jose, CAGeneral Purpose$100,000
Woodland School Portola Valley, CAGeneral Purpose$75,000
St Judes Children Research Memphis, TNGeneral Purpose$70,000
UNICEF USA New Yor, NYGeneral Purpose$65,000
The Samaratin House Redwood City, CAGeneral Purpose$55,000
Make a Wish FD Oakland, CAGeneral Purpose$55,000
KZV Armenian School San Francisco, CAGeneral Purpose$50,000
Aremian Fund Glendale, CAGeneral Purpose$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $32,242,353 $4,154,890 $1,543,864 $1,329,000 28
2023 $30,476,208 $2,932,053 $1,733,285 $1,565,000 29
2022 $25,858,368 $142,640 $1,728,395 $1,520,000 31
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$32,242,353$30,476,208$25,858,368
Revenue$4,154,890$2,932,053$142,640
Expenses$1,543,864$1,733,285$1,728,395
Qualifying Distributions$1,329,000$1,565,000$1,520,000
Net Investment Income$4,010,122$2,779,711$463,561
Distributable Amount$1,540,797$1,428,970$1,533,952

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Natasha Khachaturian Azzam as President & CEO, Ahmed Azzam as CFO, and Daphne Kavich as Secretary.

The Khachaturian Foundation is led by Natasha Khachaturian Azzam, President & CEO since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Natasha Khachaturian Azzam

    President & CEO

    CFO & Secretary → President & CEO, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Daphne Kavich

    Secretary

    Director → Secretary, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ahmed Azzam

    CFO

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Henry Khachaturian (2020) — CEO & President

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.

Contact

Application contact: Natasha Khachaturian Azzam
Mailing address: 50 Woodside Plaza 332, Redwood City, CA 94061
Phone: (415) 392-9600
Email: tashazzam@gmail.com

Frequently asked questions about The Khachaturian Foundation

How much does The Khachaturian Foundation give each year?

The Khachaturian Foundation gave $1.3M across 28 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 29 grants.

What is The Khachaturian Foundation's typical grant size?

The Khachaturian Foundation's median grant in 2024 was $42,000, and its average grant was $47,464, across 28 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Khachaturian Foundation that year got $18K on average.

Where does The Khachaturian Foundation give grants?

The Khachaturian Foundation gives mostly in California: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (8%) and Tennessee (5%). The most frequent recipient cities were San Francisco, CA (6 grants), Washington, DC (3 grants), Oakland, CA (3 grants) and San Mateo, CA (3 grants).

Does The Khachaturian Foundation give general operating support?

Yes: 100% of The Khachaturian Foundation's 2024 grants with a stated purpose (28 of 28) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Khachaturian Foundation's largest grantees?

The Khachaturian Foundation's largest 2024 grantees include American Red Cross ($150,000), St Gregorys Armenian Church ($150,000) and Second Harvest of Silicon Valley ($100,000), according to its 2024 IRS Form 990-PF. Together they received 30% of its itemized 2024 grant dollars.

How large is The Khachaturian Foundation?

The Khachaturian Foundation reported $32.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.5M (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.

What does The Khachaturian Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including food access, education, health and care, children’s services, and community support. See mission & focus areas ↑

How do I apply for a grant from The Khachaturian Foundation?

The foundation’s filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Khachaturian Foundation's EIN?

The Khachaturian Foundation's EIN (Employer Identification Number) is 94-3337684. 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. Research dossier generated September 2026.

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