Armenia Empyrean Foundation

EIN 208038153 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2016–2023
$620K
54 grants · $78K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$4K
typical micro grants · $925–$14K
grant size
29%
balanced · 9/31 multi-year
repeat
$2.4M
Assets (2023)
31
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $75,450. This amount represents 25% or more of the Foundation's net assets of $104,764 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $79K $126K $-31K 14
2017 $67K $121K $43K 9
2018 $53K $103K $50K 8
2020 $75K $43K $56K 4
2022 $204K $2.4M $78K 9
2023 $142K $2.4M $113K 10

Grant Size Distribution

Based on 54 grants on record

Minimum
$150
25th Pctl
$925
Median
$4K
Average
$11K
75th Pctl
$14K
Maximum
$155K

Geographic Distribution

Officers & Directors

Grants Awarded (54 total)

Purpose
Yerazart Inc Watertown, MA $155,000 General & Unrestricted 2022
Yerazart Inc Watertown, MA $37,000 General & Unrestricted 2018
Yerazart Inc Watertown, MA $35,000 General & Unrestricted 2023
Friends of Fast Glendale, CA $34,000 General & Unrestricted 2023
Yerazart Inc Watertown, MA $30,000 General & Unrestricted 2017
Yerazart Inc Watertown, MA $25,200 General & Unrestricted 2020
Armenian Assembly of America Inc Washington, DC $25,000 General & Unrestricted 2020
Armenian General Benevolent Union New York, NY $25,000 General & Unrestricted 2020
Armenian General Benevolent Union New York, NY $25,000 AYB School in Armenia Project 2016
VEM USA Inc Glendale, CA $20,000 Education Scholarship fund and 5K for VEM Scholarship fund 2023
HALO Trust USA Inc Washington, DC $20,000 General & Unrestricted 2017
Aurora Humanitarian Initiative Foundation Inc Cambridge, MA $15,000 General & Unrestricted 2022
VEM USA Inc Glendale, CA $15,000 General & Unrestricted 2022
Armenian General Benevolent Union New York, NY $15,000 General & Unrestricted 2023
Children of Armenia Fund Inc New York, NY $11,000 General & Unrestricted 2016
Armenian Heritage Tribute and Genocide Memorial FO Waltham, MA $10,500 General & Unrestricted 2016
St Marys University of Minnesota Winona, MN $10,000 General & Unrestricted 2022
Children of Armenia Fund Inc New York, NY $10,000 General & Unrestricted 2023
St Marys University of Minnesota Winona, MN $10,000 General & Unrestricted 2023
Tekeyan Cultural Association Inc Watertown, MA $10,000 Armenian Mirror-Spectator 2023
VEM USA Inc La Crescenta, CA $10,000 General & Unrestricted 2016
Children of Armenia Fund Inc New York, NY $10,000 General & Unrestricted 2017
Children of Armenia Fund Inc New York, NY $10,000 General & Unrestricted 2018
Armenian General Benevolent Union New York, NY $8,000 General & Unrestricted 2016
St Stephens Armenian Apostolic Church of Greater B Watertown, MA $6,000 General & Unrestricted 2016

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