Nazareth & Nila Festekjian Family Foundation

EIN 208679656 Private Foundation

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

Total Given 2016–2023
$394K
46 grants · $49K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$4K
typical micro grants · $1K–$9K
grant size
53%
supporter · 10/19 multi-year
repeat
$1.7M
Assets (2023)
19
Distinct Recipients

Focus Areas

Education Arts & Culture

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 $25K $907K $239K 1
2017 $49K $1.2M $238K 4
2018 $25K $1.2M $122K 1
2020 $44K $2.1M $525K 5
2021 $72K $2.1M $23K 8
2022 $96K $1.5M $27K 14
2023 $82K $1.7M $41K 13

Grant Size Distribution

Based on 46 grants on record

Minimum
$1K
25th Pctl
$1K
Median
$4K
Average
$9K
75th Pctl
$9K
Maximum
$50K

Geographic Distribution

Officers & Directors

Grants Awarded (46 total)

Purpose
Armenian General Benevolent Union Pasadena, CA $50,000 General Grant, Artoun & Alice Festekjian Educational Fund 2021
Armenian General Benevolent Union New York, NY $50,000 Opportunity Fund & Artoun and Alice Festekjian Memorial Endowment Fund 2022
Armenian General Benevolent Union New York, NY $37,500 APRI, General Puropose, & NYSEC 2023
Yerazart Inc Watertown, MA $25,000 General & Unrestricted 2018
Armenian General Benevolent Union New York, NY $25,000 General & Unrestricted 2016
Yerazart Inc Watertown, MA $20,000 General & Unrestricted 2020
Armenian General Benevolent Union New York, NY $20,000 General AGBU Programs 2017
Dwight-Englewood School Englewood, NJ $20,000 STEM Campaign 2017
Armenian General Benevolent Union New York, NY $15,000 AGBU Relief Fund for Lebanon 2020
Armenian General Benevolent Union New York, NY $12,500 General & Unrestricted 2022
Armenian General Benevolent Union New York, NY $10,000 Charitable Event 2023
Armenian General Benevolent Union New York, NY $10,000 Artoun & Alice Festekjian Endowment Fund 2023
Children of Armenia Fund Inc New York, NY $7,000 General & Unrestricted 2022
Vem Usa Inc Glendale, CA $6,000 Scholarship Fund for AYB School 2020
Vem Usa Inc Glendale, CA $6,000 Ayb School Scholarship Fund 2021
Vem Usa Inc Glendale, CA $6,000 General & Unrestricted 2023
Vem Usa Inc Glendale, CA $6,000 Ayb School Scholarship Fund 2022
Children of Armenia Fund Inc New York, NY $5,000 Pledge of Dec 11th 2021 for General Purpose. 2021
Hovnanian School Inc New Milford, NJ $5,000 Charitable Event 2021
Tekeyan Cultural Association Inc Watertown, MA $5,000 Charitable Event 2023
Diocese of the Armenian Church of America New York, NY $5,000 25th Anniversary of Armenia's Membership to the UN 2017
Armenian General Benevolent Union New York, NY $5,000 Charitable Event 2022
Halo Trust Usa Inc Washington, DC $4,000 Charitable Event 2017
Armenian General Benevolent Union New York, NY $3,000 Focus 2023 2022
Bergen Family Center Inc Englewood, NJ $2,500 Teen Center 2020

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