Asbed B Zakarian & Margaret Zakarian Charitable Foundation

Organization Overview

Asbed B Zakarian & Margaret Zakarian Charitable Foundation is located in Meredith, NH. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asbed B Zakarian & Margaret Zakarian Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Asbed B Zakarian & Margaret Zakarian Charitable Foundation generated $151.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $164.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Asbed B Zakarian & Margaret Zakarian Charitable Foundation has awarded 46 individual grants totaling $737,766. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Herbert S Alexander
Trustee
$0
Edward Atamian
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $48,042
Net Rental Income$0
Net Gain on Sale of Assets $102,976
Capital Gain Net Income $102,976
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $151,018

Grants Awarded

Over the last fiscal year, Asbed B Zakarian & Margaret Zakarian Charitable Foundation has awarded $125,300 in support to 7 organizations.

Grant RecipientAmount

THE KNIGHTS OF SAINT JAMES - JERUSALEM ARMENIAN PATRIARCHATE

Org PageRecipient Profile

Burbank, CA

PURPOSE: TO SUPPORT THE CHURCH'S NONPROFIT RELIGIOUS MISSION.

$50,000

DANA FARBER CANCER INSTITUTE

Org PageRecipient Profile

Boston, MA

PURPOSE: TO SUPPORT THE MISSION OF THE FOUNDATION.

$25,000

DIOCESE OF THE ARMENIAN CHURCH OF AMERICA (EASTERN)

Org PageRecipient Profile

New York, NY

PURPOSE: CONTINUED SUPPORT OF ARMENIAN CAUSES.

$25,000

ARMENIAN CHURCH OF OUR SAVIOR

Org PageRecipient Profile

Worcester, MA

PURPOSE: TO SUPPORT THE CHURCH'S NONPROFIT RELIGIOUS MISSION.

$15,300

ARMENIAN CHURCH OF THE HOLY ASCENSION

Org PageRecipient Profile

Trumbull, CT

PURPOSE: CONTINUED SUPPORT OF ARMENIAN CAUSES.

$7,500

HOLY TRINITY ARMENIAN CHURCH OF GREATER BOSTON

Org PageRecipient Profile

Cambridge, MA

PURPOSE: CONTINUED SUPPORT OF ARMENIAN CAUSES.

$1,500
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