The Parsekian Foundation Inc
The Parsekian Foundation Inc is a private foundation, based in South Boston, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 7 grants totaling $18K.
The Parsekian Foundation Inc at a glance
In short: The Parsekian Foundation Inc gave $18K across 7 grants in 2021 (avg $3K), mostly in Massachusetts. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $18,458
- +61.9% vs 2020
- Grants made (2021)
- 7
- -12.5% vs 2020
- Average grant
- $2,637
- +85.0% vs 2020
- Median grant
- $1,100
- Primary geography
- Massachusetts (93% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
Who The Parsekian Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2021
The largest 2021 recipient was President and Fellows of Harvard College ($12K). Together the top 7 received $18K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 7 itemized grants.
Cities
How The Parsekian Foundation Inc gives
- In 2021 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $11K (2020) to $18K (2021). In 2021 it made 7 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| President and Fellows of Harvard College Cambridge, MA | General Operations | $12,058 |
| National Association for Armenian Studies & Research Belmont, MA | General Operations | $2,000 |
| Friends of Hrant Dink Watertown, MA | General Operations | $2,000 |
| Armenian Assembly of America Inc Washington, DC | General Operations | $1,100 |
| Tekeyan Cultural Association Watertown, MA | General Operations | $1,000 |
| ANCA Endowment Fund Washington, DC | General Operations | $200 |
| Armenian Church of the Holy Translators Framingham, MA | General Operations | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | — | $27,916 | $30,359 | $18,458 | 7 | $30,359 | $181 |
| 2020 | $2,443 | $3,500 | $19,155 | $11,400 | 8 | — | $526 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Parsekian Foundation Inc's 2021 filing lists 5 officers; none of the 5 officers listed in 2021 report compensation.
Officers on the 2021 filing
Harry Parsekian
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Mark Parsekian
Director
On filings since 2020
1 hr/week
No compensation reported
Robert Parsekian
Director
On filings since 2020
1 hr/week
No compensation reported
Steven Parsekian
Director
On filings since 2020
1 hr/week
No compensation reported
Hripsime Parsekian
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Parsekian Foundation Inc
How much does The Parsekian Foundation Inc give each year?
The Parsekian Foundation Inc gave $18K across 7 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $11K across 8 grants.
What is The Parsekian Foundation Inc's typical grant size?
The Parsekian Foundation Inc's median grant in 2021 was $1,100, and its average grant was $2,637, across 7 grants on its 2021 IRS Form 990-PF.
Where does The Parsekian Foundation Inc give grants?
The Parsekian Foundation Inc gives mostly in Massachusetts: 93% of the grant dollars itemized on its 2021 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (7%). The most frequent recipient cities were Watertown, MA (2 grants) and Washington, DC (2 grants).
Does The Parsekian Foundation Inc give general operating support?
Yes: 100% of The Parsekian Foundation Inc's 2021 grants with a stated purpose (7 of 7) were for general or operating support, per its 2021 IRS Form 990-PF.
Who are The Parsekian Foundation Inc's largest grantees?
The Parsekian Foundation Inc's largest 2021 grantees include President and Fellows of Harvard College ($12,058), National Association for Armenian Studies & Research ($2,000) and Friends of Hrant Dink ($2,000), according to its 2021 IRS Form 990-PF. Together they received 87% of its itemized 2021 grant dollars.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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