The Hovsep Foundation
EIN 842377028Total Given 2020–2024
$724K
22 grants · $145K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$14K
typical small grants · $10K–$20K
grant size
29%
balanced · 4/14 multi-year
repeat
$1.0M
Assets (2024)
14
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(908) 688-6111
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $30K | $955K | $1.0M | 2 |
| 2021 | $265K | $1.1M | $441K | 8 |
| 2022 | $75K | $707K | $5K | 3 |
| 2023 | $88K | $1.1M | $8K | 5 |
| 2024 | $266K | $1.0M | $8K | 4 |
Grant Size Distribution
Based on 22 grants on record
Minimum
$2K
25th Pctl
$10K
Median
$14K
Average
$33K
75th Pctl
$20K
Maximum
$240K
Geographic Distribution
Officers & Directors
SK
Serge Karakash
5+ yrs
Trustee
EK
Errol Karakash
5+ yrs
Executive Di
SK
Serge Karakash
5+ yrs
Trustee
EK
Errol Karakash
5+ yrs
Executive Di
SK
Serge Karakash
5+ yrs
Trustee
EK
Errol Karakash
5+ yrs
Executive Di
SK
Serge Karakash
5+ yrs
Trustee
EK
Errol Karakash
5+ yrs
Executive Di
SK
Serge Karakash
5+ yrs
Trustee
EK
Errol Karakash
5+ yrs
Executive Di
Grants Awarded (22 total)
| Purpose | ||||
|---|---|---|---|---|
| Diocese of the Armenian Church | New York, NY | $240,000 | SOCIAL SERVICES | 2024 |
| Diocese of Teh Armenian Church | New York, NY | $150,000 | RELIGIOUS ORGANIZATION | 2021 |
| Fund for Armenian Relief | New York, NY | $50,000 | SOCIAL SERVICE | 2022 |
| Fund for Armenian Relief | New York, NY | $45,000 | SOCIAL SERVICE | 2023 |
| Constantinople Armenian Relief Soci | New York, NY | $40,000 | SOCIAL SERVICE | 2021 |
| Constantinople Armenian Relief Soci | New York, NY | $20,000 | SOCIAL SERVICE | 2020 |
| Constantinople Armenian Relief Soci | New York, NY | $20,000 | SOCIAL SERVICE | 2021 |
| Constantinople Armenian Relief | New York, NY | $20,000 | SOCIAL SERVICES | 2023 |
| Tekeyan Cultural Association | Watertown, MA | $15,100 | SOCIAL SERVICE | 2021 |
| Tekeyan Cultural Association | Watertown, MA | $15,000 | SOCIAL SERVICE | 2021 |
| Tufenkian Foundation | New York, NY | $15,000 | SOCIAL SERVICE | 2022 |
| Anca Endowment Fund | Washington, DC | $13,000 | SOCIAL SERVICES | 2024 |
| Armenian Wounded Heros | Fairlawn, NJ | $10,000 | RELIGIOUS FOUNDATION | 2020 |
| Armenian Wounded Heros | Fairlawn, NJ | $10,000 | SOCIAL SERVICE | 2021 |
| Constantinople Armenian Relief Soci | New York, NY | $10,000 | SOCIAL SERVICE | 2021 |
| Tufenkian Foundation | New York, NY | $10,000 | SOCIAL SERVICE | 2023 |
| Armenian Wounded Heros | La Canada, CA | $10,000 | SOCIAL SERVICES | 2023 |
| Tufenkian Foundation | New York, NY | $10,000 | SOCIAL SERVICE | 2024 |
| The Voice of the Armenian Church in | Sutton, MA | $10,000 | SOCIAL SERVICES | 2022 |
| City of Smile | La Crescenta, CA | $5,000 | SOCIAL SERVICE | 2021 |
| Tumo Foundation | Dallas, TX | $3,000 | SOCIAL SERVICES | 2024 |
| Tekeyan Cultural Accociation Inc | Watertown, MA | $2,500 | SOCIAL SERVICES | 2023 |