Funder DirectoryMARK G HOVANASIAN FOUNDATION
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Private foundation (trust)EIN 471391177Est. 2014-08

MARK G HOVANASIAN FOUNDATION

NORTH ANDOVER, MA 01845

Total Assets

$621K

FY 2024

Annual Giving

$34K

FY 2024

Grants Made

4

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

$1K–$15K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$27K

Total Expenses

$50K

Qualifying Distributions

$38K

Distributable Amount

$32K

Min. Investment Return

$32K

Undistributed Income

$32K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

4 grants

Grant sizes from minimum $1K through median $9K to maximum $15K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $36K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

17 grants

SAINT VARTANANTZ
$45K
4 grants
ST JUDE'S
$43K
4 grants
KREMPELS CENTER
$11K
4 grants
DOCTORS WITHOUT BORDERS
$5K
2 grants
WATOTOWORLD
$5K
1 grant
EMMAUS HOUSE
$3K
1 grant
DANA FARBER CANCER INSTITUTE
$1K
1 grant

Grant Size Distribution

17 grants

<$10K
13
grants
$10–50K
4
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Massachusetts
$54K
48% of total
Tennessee
$43K
38% of total
New Hampshire
$11K
9% of total
Maryland
$5K
4% of total

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MARK G HOVANASIAN FOUNDATION — Grants, Financials & Contact | Grantivo