The Parsekian Foundation Inc
The Parsekian Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 7 grants totaling $18K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$18K
+61.9% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$3K
+85.0% YoY
Under IRS private-foundation payout rules, The Parsekian Foundation Inc reported a distributable amount of $181 for 2021 — the minimum it must pay out in qualifying distributions.
About The Parsekian Foundation Inc
Based on IRS filings
The Parsekian Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BOSTON, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 7 grants totaling $18K.
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 | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $2,443 |
| Revenue | $27,916 | $3,500 |
| Expenses | $30,359 | $19,155 |
| Qualifying Distributions | $30,359 | — |
| Net Investment Income | — | — |
| Distributable Amount | $181 | $526 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2021
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include President and Fellows of Harvard College ($12,058), National Association for Armenian Studies & Research ($2,000), Friends of Hrant Dink ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| President and Fellows of Harvard College Cambridge, MA | General Operations | $12,058 |
| ANCA Endowment Fund Washington, DC | General Operations | $200 |
| Tekeyan Cultural Association Watertown, MA | General Operations | $1,000 |
| Armenian Church of the Holy Translators Framingham, MA | General Operations | $100 |
| National Association for Armenian Studies & Research Belmont, MA | General Operations | $2,000 |
| Armenian Assembly of America Inc Washington, DC | General Operations | $1,100 |
| Friends of Hrant Dink Watertown, MA | General Operations | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Harry Parsekian | Trustee | 2 | — |
| Hripsime Parsekian | Secretary | 2 | — |
| Mark Parsekian | Director | 1 | — |
| Steven Parsekian | Director | 1 | — |
| Robert Parsekian | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Parsekian Foundation Inc?
The Parsekian Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BOSTON, MA. It holds — in total assets as of 2021.
Where does The Parsekian Foundation Inc operate?
The Parsekian Foundation Inc has awarded grants in California, District of Columbia, Massachusetts, New Jersey.
What size grants does The Parsekian Foundation Inc award?
In 2021, The Parsekian Foundation Inc awarded 7 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Parsekian Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, The Parsekian Foundation Inc reported a distributable amount of $181 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Parsekian Foundation Inc's EIN?
The Parsekian Foundation Inc's EIN (Employer Identification Number) is 90-0667852. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in The Parsekian Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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