Tufenkian Foundation Inc logo

Tufenkian Foundation Inc

NEW YORK, NY EIN: 13-3976159 Website

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

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

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

13states
+5 more states

Cities

AlexandriaAtlantaBaltimoreBelmontBostonBoulderBronxBrooklynChathamClearwaterCliffside PartFair LawnGlendaleIthacaLa CanadaLas VegasMerrifieldMontgomeryNew YorkParamus

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$381K$761K$1M$2M20202021202220232024
Metric202420232022
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

$0$326K$652K$978K$1M40 grants202042 grants202152 grants202235 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE TUFENKIAN CHARITABLE…$544KNERSES KOPALYAN$35KSARA ANJARGOLIAN$8KHOPE FOR NEW YORK$4KREDEEMER DOWNTOWN$4KTHE LEGAL AID SOCIETY DE…$4KMOTHER JONES INVESTIGATI…$4KCOALITION FOR THE HOMELESS$3KEQUAL JUSTICE INITIATIVE$3KOPEN HANDS LEGAL SERVICE…$3K

Grant Size Distribution

199 grants across all recorded years

184<$50K4$50–100K5$100–250K4$250–500K2$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
JAMES TUFENKIANPRESIDENT1
JOHN A KASBARIANDIRECTOR1

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

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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