Vartabedian Family Foundation
Vartabedian Family Foundation is a private foundation based in Franklin Lakes, New Jersey. In its 2025 filing, it reported grants to charitable organizations in New Jersey, Tennessee, New York, and South Carolina, with listed purposes of community support.
Key facts about Vartabedian Family Foundation
In short: Vartabedian Family Foundation gave $117K across 10 grants in 2025 (avg $12K), top state New Jersey. 20% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 26-1550631
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $116,800
- Grants made (2025)
- 10
- Average grant
- $11,680
- Median grant
- $5,500
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2025; small sample)
- Total assets
- $360,451
- Primary geography
- New Jersey (49% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 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 2025 IRS Form 990-PF · View filing
Total Assets
$360K
+52.5% YoY
Annual Giving
$117K
-45.3% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$12K
-45.3% YoY
Under IRS private-foundation payout rules, Vartabedian Family Foundation reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
Is Vartabedian Family Foundation open to new grantees?
20%
first-time grantees, 2025
In 2025, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $2K; repeat grants $14K. How we count
Medians: $2K first-time, $7K repeat.
- 80% of 2025 grantees were also funded in 2024. Method
- Giving grew 68% from 2022 to 2025. Method
- In 2025 it paid out 919% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose missions, as described by the grantees, include rescuing and caring for abandoned and neglected horses (Bergen County Horse Rescue) and empowering adults with special needs through independence and social-growth opportunities (Programs for Exceptional People).
Grantmaking
In filing year 2025, the foundation gave $116,800 across 10 grants. Grant amounts ranged from $1,000 to $46,800, with a median of $5,500. The largest grants were $46,800 to the University of Pittsburgh in Memphis, Tennessee, and $31,000 to Franklin Lakes Free Public Library in Franklin Lakes, New Jersey. Other notable grants included $10,000 to Bergen County Horse Rescue and $7,000 to St Leon Armenian Apostolic Church.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Vartabedian Family Foundation?
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in New Jersey (49%), Tennessee (44%), New York (4%), and South Carolina (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 10 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $33K (2019) to $213K (2024). In 2025 it made 10 grants totaling $117K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Pittsburgh ($47K). Together the top 10 received $117K.
Grant Size Distribution
51 grants across all recorded years
The most common grant size was under $50K: 48 grants of 51 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Pittsburgh Memphis, TN | Community Support | $46,800 |
| Franklin Lakes Free Public Library Franklin Lakes, NJ | Community Support | $31,000 |
| Bergen County Horse Rescue Mahwah, NJ | Community Support | $10,000 |
| St Leon Armenian Apostolic Church Fair Lawn, NJ | Community Support | $7,000 |
| Franklin Lakes Lions Club Franklin Lakes, NJ | Community Support | $6,000 |
| Holy Cross Church of Armenia New York, NY | Community Support | $5,000 |
| St Judes Childrens Research Hospita Memphis, TN | Community Support | $5,000 |
| Programs for Exceptional People Hilton Head, SC | Community Support | $2,500 |
| Franklin Lakes Memorial Pond Franklin Lakes, NJ | Community Support | $2,500 |
| New Jersey Audubon Bernardsville, NJ | Community Support | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $360,451 | $241,576 | $117,512 | $116,800 |
| 2024 | $236,387 | $47,505 | $213,862 | $213,400 |
| 2023 | $402,744 | $20,512 | $90,033 | $87,500 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $360,451 | $236,387 | $402,744 |
| Revenue | $241,576 | $47,505 | $20,512 |
| Expenses | $117,512 | $213,862 | $90,033 |
| Qualifying Distributions | $116,800 | $213,400 | $87,500 |
| Net Investment Income | $90,451 | $47,505 | $21,089 |
| Distributable Amount | $12,709 | $17,607 | $22,604 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 29, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Diana Vartbedian as president; Damon Vartabedian as treasurer; and Dana Nentin, Adam Vartabedian, Sarosh Nentin, Allison Vartabedian, and Nishan Vartabedian as trustees.
Vartabedian Family Foundation is led by Diana Vartbedian, President on every filing since 2019; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Diana Vartbedian
President
On filings since 2019
0.5 hrs/week
No compensation reported
Adam Vartabedian
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Allison Vartbedian
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Dana Nentin
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Nishan Vartabedian
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Sarosh Nentin
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Damon Vartabedian
Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 504 Alexis Court, Franklin Lakes, NJ 07417
Phone: (201) 337-8620
Frequently asked questions about Vartabedian Family Foundation
How much does Vartabedian Family Foundation give each year?
Vartabedian Family Foundation gave $117K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $213K across 10 grants.
What is Vartabedian Family Foundation's typical grant size?
Vartabedian Family Foundation's median grant in 2025 was $5,500, and its average grant was $11,680, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Vartabedian Family Foundation that year got $2K on average.
Where does Vartabedian Family Foundation give grants?
Vartabedian Family Foundation's top state is New Jersey, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Tennessee (44%). The most frequent recipient cities were Franklin Lakes, NJ (3 grants) and Memphis, TN (2 grants).
Does Vartabedian Family Foundation give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on Vartabedian Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Support" (10 grants).
Who are Vartabedian Family Foundation's largest grantees?
Vartabedian Family Foundation's largest 2025 grantees include University of Pittsburgh ($46,800), Franklin Lakes Free Public Library ($31,000) and Bergen County Horse Rescue ($10,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is Vartabedian Family Foundation?
Vartabedian Family Foundation reported $360K in total assets on its 2025 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).
What does Vartabedian Family Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Vartabedian Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Vartabedian Family Foundation's EIN?
Vartabedian Family Foundation's EIN (Employer Identification Number) is 26-1550631. IRS Form 990 filing data is available on this page for 2019–2025.
Does Vartabedian Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Vartabedian Family Foundation by hand.
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