· Public charity
Armenian Church Endowment Fund Inc
The mission of the Armenian Church Endowment Fund ("ACEF") is to provide financial support to the Diocese, parishes, and related entities of the Armenian Apostolic Church through oversight of pooled investments under our management.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where the money goes
Grants by size, and the largest recipients.
How this is measured
By grant size · FY2024
- Under $10k4 grants · $32k
- $10k–50k11 grants · $222k
- $50k–250k10 grants · $760k
- $250k+2 grants · $1.8M
| Recipient | Amount |
|---|---|
| Diocese of the Armenian Church | $1,451,318 |
| St Nersess Armenian Seminary | $396,950 |
| Holy Martyrs Armenian Day School | $124,251 |
| Fund for Armenian Relief | $106,138 |
| St John Armenian Church | $93,336 |
| Armenian Apostolic Society | $83,086 |
| St Mary Armenian Apostolic Church | $67,891 |
| Soorp Haroutiun Armenian Church | $64,728 |
| St Leon Armenian Church | $63,493 |
| St John the Baptist Armenian Church | $53,136 |
| Holy Cross Armenian Church | $52,990 |
| Sts Sahag & Mesrob Armenian Church | $51,292 |
| St Gregory the Enlightener | $46,498 |
| St James Armenian Church | $33,608 |
| Holy Trinity Armenian Church | $23,047 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 14%, against an area that typically sits at 9%. 88% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
Which US states its grants reach
Grants abroad, by region: $496k on the FY2024 return
Schedule F, as filed: 2 regions. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.
Stated purpose: Program services
Stated purpose: Program services
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
Grantees it renews have grown median revenue +21% since the first grant, against -44% for those funded once.
31 repeat relationships: 25 still active in FY2024, 6 since wound down.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- SNST NERSESS ARMENIAN SEMINARY INC8× · 2017–2024 · $2.6M · revenue +60% · 54% of their budget
- HMHOLY MARTYRS ARMENIAN DAY SCHOOL INC7× · 2017–2024 · $781k · revenue +21%
- FFFUND FOR ARMENIAN RELIEF INC7× · 2018–2024 · $667k · revenue +159%
Funded once
- HTHOLY TRINITY ARMENIAN APOSTOLIC CHURCH OF GREATER BOSTON TRUST FUNDone grant, 2021 · $20k · revenue -44%
- FPFR PAREN AVEDIKIAN ANNUITYone grant, 2019 · $9k
- SSST SAHAG ARMENIAN CHURCHone grant, 2021 · $9k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
6 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 6 of the 35 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
- Who funds ST NERSESS ARMENIAN SEMINARY INC ↗
- Who funds HOLY MARTYRS ARMENIAN DAY SCHOOL INC ↗
- Who funds FUND FOR ARMENIAN RELIEF INC ↗
- Who funds ARMENIAN AMERICAN CULTURAL ASSOCIATION INC ↗
- Who funds ARMENIAN STUDENTS' ASSOCIATION OF AMERICA INC ↗
- Who funds HOLY TRINITY ARMENIAN APOSTOLIC CHURCH OF GREATER BOSTON TRUST FUND ↗
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: United Armenian Charities Inc · Nazarian Family Foundation · National Philanthropic Trust · Network for Good · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation
How this is measured
How much its grantees rely on government
Each dot is one organization Armenian Church Endowment Fund Inc funds: left to right is the share of its income from government, bottom to top the share from Armenian Church Endowment Fund Inc. Bigger dots raise more.
How this is measured
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