Western Diocese Endowment Fund Inc logo

Western Diocese Endowment Fund Inc

Public charity · Grantmaker Fresno, CA EIN: 26-1971117 Website

The purpose of the Western Diocese Endowment Fund, Inc. is to support the activities of the Western Diocese of the Armenian Church of North America by providing ongoing financial support to various churches and religious activities of the Western Diocese

Key facts about Western Diocese Endowment Fund Inc

In short: Western Diocese Endowment Fund Inc gave $2.9M across 5 grants in 2025 (avg $572K), mostly in California. Source: 2025 IRS Form 990.

EIN
26-1971117
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$2,857,751
Grants made (2025)
5
Average grant
$571,550
Median grant
$101,654
Total assets
$82,307,615
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$82.3M

+11.0% YoY

Annual Giving

$2.9M

+7.7% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$572K

+7.7% YoY

How Western Diocese Endowment Fund Inc gives

  • Giving held roughly steady from 2022 to 2025 (+14%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Western Diocese Endowment Fund Inc

Based on IRS filings

Western Diocese Endowment Fund Inc is a public charity focused on religion, based in Fresno, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $82.3M in total assets. In 2025, it awarded 5 grants totaling $2.9M. Net investment income was $3.1M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 5 itemized grants.

States

Cities

BurbankPasadenaReedleySan FranciscoCupertino

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M4 grants2020 4 grants2021 4 grants2022 5 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $2.2M (2020) to $2.9M (2025). In 2025 it made 5 grants totaling $2.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Western Diocese Armenian Church: $1.5MWestern Diocese ArmenianChurch$1.5MSt John Armenian Church: $1.2MSt John Armenian Church$1.2MSt Gregory A&M Hovsepian Sch: $102KSt Gregory A&M Hovsepian Sch$102KSt SahagMesrob Churc: $14KSt SahagMesrob Churc$14KSt Andrew Church: $7KSt Andrew Church$7K

The largest 2025 recipient was Western Diocese Armenian Church ($1.5M). Together the top 5 received $2.9M.

Grant Size Distribution

23 grants across all recorded years

8<$50K4$50–100K1$100–250K$250–500K$500K–1M10$1–5M$5M+

The most common grant size was in the $1–5M range: 10 grants of 23 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Western Diocese Armenian Church Burbank, CAFurther religious purposes$1,490,891
St John Armenian Church San Francisco, CAFurther religious purposes$1,244,789
St Gregory A&M Hovsepian Sch Pasadena, CAFurther religious/education purpose$101,654
St SahagMesrob Churc Reedley, CAFurther religious purposes$13,666
St Andrew Church Cupertino, CAFurther religious purposes$6,751

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$82,307,615$74,126,012$69,281,381
Revenue$3,443,818$2,820,837$9,548,241
Expenses$3,150,526$2,849,296$2,908,359
Net Investment Income$3,137,064$2,635,603$9,308,821

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS April 26, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 2, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 3, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Western Diocese Endowment Fund Inc is led by Archbishop Hovnan Derderian, President on every filing since 2020; none of the 16 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Archbishop Hovnan Derderian

    President

    On filings since 2020

    No compensation reported

  • Varoujan Altebarmakian MD

    Chairman

    On filings since 2020

    No compensation reported

  • David Keligian

    Assistant Secretary

    On filings since 2020

    No compensation reported

  • Derik Ghookasian

    Assistant Treasurer

    Advisor → Assistant Treasurer, 2023

    On filings since 2020

    No compensation reported

  • Jack Kalaydjian

    Advisor

    On filings since 2020

    No compensation reported

  • John Tajirian

    Advisor

    On filings since 2020

    No compensation reported

  • Joseph Kanimian

    Advisor

    On filings since 2020

    No compensation reported

  • Lisa Kalustian

    Advisor

    On filings since 2020

    No compensation reported

  • Richard Mushegain

    Secretary

    On filings since 2020

    No compensation reported

  • Yuriy Akopyan

    Advisor

    On filings since 2020

    No compensation reported

  • Harout Deramerian

    Treasurer

    Advisor → Treasurer, 2023

    On filings since 2021

    No compensation reported

  • Artin Knadjian

    Advisor

    On filings since 2023

    No compensation reported

  • Razmig Der-Tavitian

    Advisor

    On filings since 2023

    No compensation reported

  • Shant Krikorian

    Advisor

    On filings since 2023

    No compensation reported

  • Stephen Hampar

    Advisor

    On filings since 2023

    No compensation reported

  • Ara Yerganian

    Advisor

    New on the 2025 filing

    No compensation reported

Former officers (8)
  • Former: Zaven Akian (2020–2024) — Vice Chairman
  • Former: Vartan Nazerian (2023–2024) — Advisor
  • Former: Antranik Zorayan (2020–2022) — Advisor
  • Former: David Mgrublian (2020–2022) — Advisor
  • Former: John Yaldezian II (2020–2022) — Treasurer
  • Former: Sinan Sinanian (2020–2022) — Advisor
  • Former: Ara Der Sarkissian (2022) — Advisor
  • Former: Armen Hampar (2020) — Advisor

Data from IRS Form 990 filings, 2020–2025. "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 Western Diocese Endowment Fund Inc

How much does Western Diocese Endowment Fund Inc give each year?

Western Diocese Endowment Fund Inc gave $2.9M across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.7M across 5 grants.

What is Western Diocese Endowment Fund Inc's typical grant size?

Western Diocese Endowment Fund Inc's median grant in 2025 was $101,654, and its average grant was $571,550, across 5 grants on its 2025 IRS Form 990.

Where does Western Diocese Endowment Fund Inc give grants?

Western Diocese Endowment Fund Inc gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.

Does Western Diocese Endowment Fund Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Western Diocese Endowment Fund Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Further religious purposes" (4 grants).

Who are Western Diocese Endowment Fund Inc's largest grantees?

Western Diocese Endowment Fund Inc's largest 2025 grantees include Western Diocese Armenian Church ($1,490,891), St John Armenian Church ($1,244,789) and St Gregory A&M Hovsepian Sch ($101,654), according to its 2025 IRS Form 990. Together they received 99% of its itemized 2025 grant dollars.

How large is Western Diocese Endowment Fund Inc?

Western Diocese Endowment Fund Inc reported $82.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.4M.

What is Western Diocese Endowment Fund Inc?

Western Diocese Endowment Fund Inc is a public charity focused on religion, based in Fresno, CA. It holds $82.3M in total assets as of 2025.

What is Western Diocese Endowment Fund Inc's EIN?

Western Diocese Endowment Fund Inc's EIN (Employer Identification Number) is 26-1971117. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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