Vartabedian Family Foundation Inc

Organization Overview

Vartabedian Family Foundation Inc is located in Franklin Lakes, NJ. The organization was established in 2008. 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. Vartabedian Family Foundation Inc 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, Vartabedian Family Foundation Inc generated $92.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $72.4k during the year ending 12/2021. While expenses have increased by 14.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Vartabedian Family Foundation Inc has awarded 51 individual grants totaling $219,900. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $30,000
Interest on Savings $0
Dividends & Interest $45,257
Net Rental Income$0
Net Gain on Sale of Assets $16,845
Capital Gain Net Income $16,845
Net ST Capital Gain $2,261
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $92,102

Grants Awarded

Over the last fiscal year, Vartabedian Family Foundation Inc has awarded $72,400 in support to 12 organizations.

Grant RecipientAmount

UNIVERSITY OF PITTSBURGH

PURPOSE: COMMUNITY SUPPORT

$18,900

BERGEN COUNTY HORSE RESCUE

Org PageRecipient Profile

Mahwah, NJ

PURPOSE: COMMUNITY SUPPORT

$10,000

INDEPENDENCE FUND

PURPOSE: COMMUNITY SUPPORT

$10,000

COVENANT HOUSE

PURPOSE: COMMUNITY SUPPORT

$6,000

HOLY CROSS CHURCH OF ARMENIA

Org PageRecipient Profile

New York, NY

PURPOSE: COMMUNITY SUPPORT

$5,000

CITY OF SMILE

PURPOSE: COMMUNITY SUPPORT

$5,000
View Grant Profile

Peer Organizations

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