named programs · 2 · from sources
What they call their work
Charitable Programs for Children
Supports child welfare, healthcare, and social services for children in Armenia through grants to affiliated organizations
Poverty Reduction Initiative
Funds programs aimed at reducing poverty, primarily benefiting children and families in Armenia
activities · 2 groups
What they do
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Armenian Community and Institutional Support 3 activities
- Funding charitable programs for childrenFunds charitable programs focused on children through grants to multiple organizations, including The Howard Karagheusian MBPO Armenia and the Karagheusian Association for Children Welfare. These grants support broad-based initiatives aimed at child welfare.
- Funding general operations of nonprofit organizationsFunds the general operating expenses of nonprofit organizations including the Armenian Heritage Foundation and Armenia Artsakh Fund, providing flexible support for their mission-driven activities.
- Funding healthcare and social services for childrenFunds healthcare and social services targeting children through grants to The Howard Karagheusian MBPO Armenia, Karagheusian Association for Children Welfare, Jinishian Memorial Program, and Armenia Artsakh Fund.
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Flexible Grants to Grassroots Organizations 1 activity
- Funding poverty reduction programsFunds poverty reduction initiatives through grants to the Jinishian Memorial Program, supporting efforts to alleviate economic hardship in targeted communities.
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financials · form 990PF · fy2025
revenue
Total revenue$7.04M
Contributions & grants$1K0%
Program service revenue——
Investment income$1.54M22%
Other revenue$5.50M
expenses
Total expenses$761K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$292K
Grants paid out$3.25M
balance sheet
Total assets$33.28M
Cash—
Investments—
Liabilities—
Net assets$33.28M
4 years on record · 2020–2025 · YoY revenue +66.8%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| IRINA LAZARIAN | MANAGING DIRECTOR | 60 | $253K |
| RICHARD VARADIAN | TREASURER/SECRETARY | 3 | $47K |
board members · 4
- ANN GIRAGOSIAN DAW — TRUSTEE
- HAIG NAJARIAN — TRUSTEE
- RAFFI CHARLES TOKATLIAN — TRUSTEE
- SUZANNE AKIAN — TRUSTEE
relationships · 5
Who they work with
- ARMENIA ARTSAKH FUND Partner — Receives grant funding for general operations and healthcare services for children.
- ARMENIAN HERITAGE FOUNDATION Partner — Receives grant funding for general operations.
- JINISHIAN MEMORIAL PROGRAM Partner — Receives grant funding for poverty reduction and healthcare services for children.
- KARAGHEUSIAN ASSOCIATION FOR CHILDREN WELFARE Partner — Receives grant funding for charitable programs and healthcare services for children.
- THE HOWARD KARAGHEUSIAN MBPO ARMENIA Partner — Receives grant funding for charitable programs and healthcare services for children.