Sarkisian Foundation
- Assets
- $676.7k
- Revenue
- $38.6k
- Investments
- $602.2k
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 20-3983247
Organization Overview
Sarkisian Foundation is located in Tucson, AZ. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sarkisian 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 12/2023, Sarkisian Foundation generated $38.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sarkisian Foundation has awarded 63 individual grants totaling $268,263. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Sarkisian President | 0.5 | $0 | |
Mike Noble Vice President | 0 | $0 | |
John Hayes Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $10,859 |
| Dividends & Interest | $3,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$512 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $1,890 |
| Contributions, gifts, grants paid | $39,857 |
| Total expenses and disbursements | $41,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,522 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $602,173 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $676,695 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sarkisian Foundation has awarded $39,857 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ARMENIAN DIOCESE OF AMERICA PURPOSE: GENERAL FUNDS | $10,000 |
ARMENIAN EVANGELICAL UNION OF NA PURPOSE: GENERAL FUNDS | $1,000 |
ARMENIAN MUSEUM PURPOSE: GENERAL FUNDS | $1,000 |
COMPASSION INTERNATIONAL PURPOSE: GENERAL FUNDS | $3,357 |
HOLY CROSS ARMENIAN CHURCH PURPOSE: GENERAL FUNDS | $3,500 |
MAKE A WISH FOUNDATION OF ILLINOIS PURPOSE: GENERAL FUNDS | $12,000 |