Zaruhy Sara Chitjian Charitable Foundation
Zaruhy Sara Chitjian Charitable Foundation is a private foundation, based in Tarzana, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 4 grants totaling $2.3M. Net investment income was $496K.
Key facts about Zaruhy Sara Chitjian Charitable Foundation
In short: Zaruhy Sara Chitjian Charitable Foundation gave $2.3M across 4 grants in 2024 (avg $566K), mostly in California. Source: 2024 IRS Form 990-PF.
- EIN
- 47-1008931
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,265,000
- Grants made (2024)
- 4
- Average grant
- $566,250
- Median grant
- $550,000
- Total assets
- $4,011,463
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-30.7% YoY
Annual Giving
$2.3M
Grant Count
4
Avg Grant Size
$566K
Under IRS private-foundation payout rules, Zaruhy Sara Chitjian Charitable Foundation reported a distributable amount of $294K for 2024 — the minimum it must pay out in qualifying distributions.
How Zaruhy Sara Chitjian Charitable Foundation gives
- In 2024 it paid out 772% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $778K (2020) to $2.3M (2024). In 2024 it made 4 grants totaling $2.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was UCLA Research Program in Armenian Archaeology ($1.1M). Together the top 3 received $2.3M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 6 (33%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UCLA Research Program in Armenian Archaeology Los Angeles, CA | General Support - Chitjian Endowed Fund | $1,065,000 |
| USC Armenian Studies Program Los Angeles, CA | General Support - Chitjian Endowed Fund | $1,000,000 |
| Armenian International Medical Fund Sherman Oaks, CA | General Support | $100,000 |
| Armenian International Medical Fund Sherman Oaks, CA | General Support | $100,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,011,463 | $5,788,562 | $4,159,024 |
| Revenue | $529,543 | $1,693,397 | $149,234 |
| Expenses | $2,306,702 | $54,176 | $28,577 |
| Qualifying Distributions | $2,268,410 | $19,712 | $15,591 |
| Net Investment Income | $496,458 | $151,498 | $141,323 |
| Distributable Amount | $293,795 | $215,733 | $211,220 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Zaruhy Sara Chitjian Charitable Foundation is led by Kristine Olshansky, President & CEO on every filing since 2021; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kristine Olshansky
President & CEO
On filings since 2021
1 hr/week
No compensation reported
Arpie Mazloumian
Director
On filings since 2021
1 hr/week
No compensation reported
Astghik L. Mazloumian
Director
On filings since 2021
1 hr/week
No compensation reported
Nancy A. Shaw
Secretary, Treasurer & CFO
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Zaruhy Sara Chitjian Dod (2020–2021) — Former President & CEO
Data from IRS Form 990 filings, 2020–2024. "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 Zaruhy Sara Chitjian Charitable Foundation
How much does Zaruhy Sara Chitjian Charitable Foundation give each year?
Zaruhy Sara Chitjian Charitable Foundation gave $2.3M across 4 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Zaruhy Sara Chitjian Charitable Foundation's typical grant size?
Zaruhy Sara Chitjian Charitable Foundation's median grant in 2024 was $550,000, and its average grant was $566,250, across 4 grants on its 2024 IRS Form 990-PF.
Where does Zaruhy Sara Chitjian Charitable Foundation give grants?
Zaruhy Sara Chitjian Charitable Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (2 grants) and Sherman Oaks, CA (2 grants).
Does Zaruhy Sara Chitjian Charitable Foundation give general operating support?
Yes: 100% of Zaruhy Sara Chitjian Charitable Foundation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Zaruhy Sara Chitjian Charitable Foundation?
Zaruhy Sara Chitjian Charitable Foundation reported $4.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $294K (roughly 5% of its investment assets).
What is Zaruhy Sara Chitjian Charitable Foundation's EIN?
Zaruhy Sara Chitjian Charitable Foundation's EIN (Employer Identification Number) is 47-1008931. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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