Massachusetts · Public charity
Avedisian 575 Foundation Inc
The entity supports educational and religious programs at recognized section 501(c)(3) exempt entities.
- $6.5M
- Granted FY2024(still arriving)
- 6
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 50%
- First-time grantees FY2023
- Itemized, FY2024
- $5.5M
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $130,000
- Largest grant, FY2024
- $5,000,000
- Organizations funded a year
- 2 to 4
- FY2021 to FY2023
- States reached, FY2024
- 4
- Total assets, FY2024
- $6.5M
How open it is to new grantees
In FY2023, 50% of the organizations Avedisian 575 Foundation Inc funded were first-time grantees, receiving 86% of its grant dollars.
New vs renewed · share of each year
In FY2023, 14% of grant dollars renewed an existing relationship; $1.0M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 6 | $5.5M | 83% |
| FY2023 | 4 | $1.2M | 50% |
| FY2022 | 4 | $70k | 75% |
| FY2021 | 2 | $23k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.
Top grantees
Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| St James Armenian Church | $5,000,000 | 1 | n/a |
| Aurora Humanitarian Initiative Foundation Inc | $1,000,000 | 1 | 24% |
| Diocese of the Armenian Church of America | $235,000 | 3 | n/a |
| American University of Armenia Corporation | $150,000 | 1 | 0% |
| The Max Foundation | $130,000 | 1 | 2% |
| Armenian Church Endowment Fund Inc | $100,000 | 1 | 1% |
| Friends of Hrant Dink Inc | $25,000 | 1 | 29% |
| Armenian American Medical Association | $25,000 | 1 | 14% |
| We Are Our Mountains Foundation | $25,000 | 1 | n/a |
| Armenian Missionary Assoc of Amer Inc | $23,450 | 3 | n/a |
Show all 12 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| St James Armenian Church | $5,000,000 | 1 | n/a |
| Aurora Humanitarian Initiative Foundation Inc | $1,000,000 | 1 | 24% |
| Diocese of the Armenian Church of America | $235,000 | 3 | n/a |
| American University of Armenia Corporation | $150,000 | 1 | 0% |
| The Max Foundation | $130,000 | 1 | 2% |
| Armenian Church Endowment Fund Inc | $100,000 | 1 | 1% |
| Friends of Hrant Dink Inc | $25,000 | 1 | 29% |
| Armenian American Medical Association | $25,000 | 1 | 14% |
| We Are Our Mountains Foundation | $25,000 | 1 | n/a |
| Armenian Missionary Assoc of Amer Inc | $23,450 | 3 | n/a |
| Armenian Assembly of America Inc | $20,000 | 2 | 0% |
| Children of Armenia Fund Inc Dba Children of Armenia Fund Coaf | $10,000 | 1 | 0% |
Where it is load-bearing
Avedisian 575 Foundation Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 8 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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: Armenia Empyrean Foundation · Afeyan Family Foundation · John Mirak Foundation · Levon & Claudia Nazarian Family Foundation Inc (Levon Nazarian Fd'N) · The Jirair S and Elizabeth Hovnanian Family Foundation Inc · Vartkess & Rita Balian Family Foundation Inc · The Parsekian Foundation Inc · Charles Mosesian Family Foundation · Mina & Hacob Shirvanian Family Foundation Inc · Ara & Edma Dumanian Foundation · Nazarian Family Foundation · The Stephen Philibosian Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
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About Avedisian 575 Foundation Inc
- How much does Avedisian 575 Foundation Inc give?
- Avedisian 575 Foundation Inc reported 6 itemized grants totaling $5,455,000, out of $6,478,665 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 4 organizations a year over FY2021 to FY2023.
- What does Avedisian 575 Foundation Inc fund?
- By grant dollars over FY2021 to FY2024, its largest causes are Religion (79%), International (15%), Education (3%).
- Who are Avedisian 575 Foundation Inc's largest grantees?
- By total granted over FY2021 to FY2024: St James Armenian Church ($5.0M), Aurora Humanitarian Initiative Foundation Inc ($1.0M), Diocese of the Armenian Church of America ($235k).
- Does Avedisian 575 Foundation Inc fund new organizations?
- In FY2023, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Avedisian 575 Foundation Inc?
- Its strongest co-funders, measured against what their size predicts, include Armenia Empyrean Foundation, Afeyan Family Foundation, John Mirak Foundation.
- Where is Avedisian 575 Foundation Inc based?
- Avedisian 575 Foundation Inc is based in MA.
Play a game based on Avedisian 575’s filings →