Harry M Ermoian Foundation
- Assets
- $1.0m
- Revenue
- $70.0k
- Investments
- $999.4k
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 07/2000
- Data as of
- 12/2022
- EIN
- 77-0544279
Organization Overview
Harry M Ermoian Foundation is located in Fresno, CA. The organization was established in 2000. 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. Harry M Ermoian 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 12/2022, Harry M Ermoian Foundation generated $70.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $64.6k during the year ending 12/2022. While expenses have increased by 3.6% 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 2016, Harry M Ermoian Foundation has awarded 26 individual grants totaling $411,421. 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) | Role | Hours | Compensation |
|---|---|---|---|
Harry M Ermoian CEO | 0 | $0 | |
Dr Raymond S Doumanian CFO | 0 | $0 | |
Kenneth Turner Director | 0 | $0 | |
Jennifer Grange Ermoian Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $296 |
| Dividends & Interest | $26,687 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,066 |
| Capital Gain Net Income | $43,066 |
| Net ST Capital Gain | $14,294 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55 |
| Total operating and administrative expenses | $3,855 |
| Contributions, gifts, grants paid | $60,700 |
| Total expenses and disbursements | $64,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,869 |
| 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 | $999,392 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,009,261 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Harry M Ermoian Foundation has awarded $60,700 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAN JOAQUIN VALLEY TOWN HALL PURPOSE: THIS CONTRIBUTION IS TO BE USED TO EXTEND THE FRANCES ERMOIAN MEMORIAL LECTURE FOR AN ADDITIONAL 2 SEASONS. THE ORGANIZATION BRINGS NATIONALLY AND INTERNATIONALLY RENOWNED SPEAKERS TO FRESNO TO EDUCATION AND ENLIGHTEN AUDIENCES ON A VARIETY OF POLITICAL, ECONOMICAL, SCIENTIFIC, CULTURAL AND SOCIAL TOPICS. | $8,000 |
SHORT TERM ENERGY AID COMMITTEE PURPOSE: THIS ORGANIZATION PROVIDES IMMEDIATE SHORT-TERM ASSISTANCE WITH BASIC NECESSITIES TO YOLO COUNTY FAMILIES AND INDIVIDUALS WITH INCOME BELOW THE POVERTY LEVEL. | $25,000 |
SANTA CLARA UNIVERSITY PURPOSE: THE PURPOSE OF THE DONATION IS TO SUPPORT HUNDREDS OF CAMPUS PROGRAMS, SPANNING ARTS, SCIENCE, AND ATHLETICS. | $27,700 |