Grantmaking public charity · EIN 85-4149364
Avedisian 575 Foundation Inc
Wellesley, MA
Avedisian 575 Foundation Inc is a public charity that makes grants based in Wellesley, MA. On its Form 990 (Schedule I) for tax year 2024, it reported $6.48M in grants paid across 7 grants, with $6.53M in total assets. Its largest grants went to Saint James Armenian Church, Armenian Missionary Association of America and American University of Armenia.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Avedisian 575 Foundation Inc's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
The entity makes every effort to ensure that the funds are used for their intended purposes. periodic monitoring is undertaken of recipient organizations regarding use of the distributed funds. a final report by the recipient organization regarding its use of the funds is required.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
The mission of the entity is funding of educational programs at the high school, college undergraduate, and graduate levels. religious institutions and organizations are also to be provided assistance. these activities involve partners recognized as 501(c)(3) tax-exempt charitable entities. if a grant or distribution is to be given to an organization that is not within the united states, inquiries will be made to verify the organization is recognized as a tax-exempt charitable organization under the laws of the country it is operating within, and the compliance to maintain that status.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Saint James Armenian Church | Watertown, MA | Support for Land and Building Purchase and Expansion | $5,000,000 |
| Armenian Missionary Association of America | Paramus, NJ | Support for Project Revive-Artsakh Refugees | $1,023,665 |
| American University of Armenia | Glendale, CA | College Students Scholarship Funding and Support | $150,000 |
| The Max Foundation | Seattle, WA | Support for the Treatment of Critical Illness and Cancer Treatment Programs | $130,000 |
| Armenian Church Endowment Fund | New York, NY | Support for Edward Onanian Memorial Endowment Fund | $100,000 |
| Diocese of the Armenian Church of America - Eastern | New York, NY | Support for Bishop's Annual Appeal | $50,000 |
| Armenian American Medical Association Inc | Wellesley, MA | Support for Aram Chobanian Lecture Series | $25,000 |
Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Avedisian 575 Foundation Inc accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Avedisian 575 Foundation Inc's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Avedisian 575 Foundation Inc give each year?
For tax year 2024, it reported $6,478,665 in grants paid (7 grants). Giving can change from year to year.
What organizations has Avedisian 575 Foundation Inc funded?
Its largest grants in tax year 2024 went to Saint James Armenian Church (MA), $5M, Armenian Missionary Association of America (NJ), $1.02M, American University of Armenia (CA), $150K, The Max Foundation (WA), $130K and Armenian Church Endowment Fund (NY), $100K.