Tufenkian Foundation Inc
Tufenkian Foundation Inc is a private operating foundation established in 1999 and based in New York City. The organization is a 501(c)(3) tax-exempt charitable organization that addresses pressing challenges facing Armenia and Artsakh through strategic philanthropic initiatives. The foundation combines social concern with entrepreneurial thinking to improve Armenia's economy and society.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$106K
-25.2% YoY
Annual Giving
$647K
-41.4% YoY
Grant Count
32
-8.6% YoY
Avg Grant Size
$20K
-35.9% YoY
Mission & Focus Areas
The foundation works to build a just, democratic, and prosperous Armenia. Its chief aims include:
- Serving youth
- Rebuilding civil society
- Rejuvenating cultural and spiritual life
- Environmental protection and rehabilitation
- Developing the key borderlands of Nagorno-Karabagh
The foundation gives primarily for the benefit of Armenian society, with a particular focus on humanitarian assistance, civil society development, family and community support, church and monument protection, mining legislation reform, and women's support services.
Grantmaking
The foundation made 35 grants in its most recent reporting year. Grant amounts typically range from $250 to $850,853. Recent grants have supported organizations including Hope for New York ($4,000) and Coalition for the Homeless ($3,000).
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Geographic Focus
Where this funder awards grants
The foundation operates in Armenia and Artsakh, with a U.S. presence in New York. It has also maintained operations in Colombia according to recent organizational data.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $106,131
- Total Revenue: $781,428
- Total Expenses: $772,870
- Total Giving: $646,772
Historical Data (2023):
- Revenue: $1.3M
- Expenses: $1.26M
- Total Assets: $142k
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $106,131 | $141,978 | $99,901 |
| Revenue | $781,428 | $1,299,044 | $1,170,210 |
| Expenses | $772,870 | $1,256,967 | $1,189,900 |
| Qualifying Distributions | $772,870 | $1,256,967 | $1,189,900 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
199 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 |
|---|---|---|---|
| JAMES TUFENKIAN | PRESIDENT | 1 | — |
| JOHN A KASBARIAN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has undertaken significant resettlement initiatives for displaced Artsakh families, including the handover of newly constructed homes. The Caucasus Nature Fund provided a €70,000 grant to support the foundation's Artsakh resettlement program. The foundation has also partnered with the World Food Programme to revitalize the Syunik region.
Caucasus Nature Fund Supports Tufenkian Foundation\u2019s Artsakh Resettlement\Contact Information
- Address: 156 Wooster Street, New York City, NY 10012
- Phone: 212-603-2560
- Website: www.tufenkianfoundation.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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