Funder DirectoryRICHARD DERMENJIAN CHARITABLE TRUST
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Private foundation (trust)EIN 266607162Est. 2009-04

RICHARD DERMENJIAN CHARITABLE TRUST

MEDIA, PA 190630547

Accepts unsolicited proposals

Total Assets

$1.2M

FY 2023

Annual Giving

$51K

FY 2023

Grants Made

14

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$1K–$8K

Typical

Deadlines

Every june and december (prior to coll…

Applications

Programs & Activities

Program 1

$51K

Making of educational scholarships to worthy students through-out the united states. During 2023, scholarships were awarded to 14 students attending 12 different schools.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$33K

Total Expenses

$81K

Qualifying Distributions

$62K

Distributable Amount

$58K

Min. Investment Return

$59K

Undistributed Income

$47K

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

14 grants

Grant sizes from minimum $1K through median $3K to maximum $8K, 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

3 years

Giving over time from 2020 to 2023. Peak $51K in 2023. Hover bars for details.

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

Top Recipients

39 grants

DAVID BABAIAN
$13K
3 grants
ANNA TEKEYAN
$12K
2 grants
MICHAEL KENKANIAN
$8K
1 grant
SAREEN MINASIAN
$7K
2 grants
CONNOR CAMPBELL
$6K
2 grants
PHILIP TORIKIAN
$5K
1 grant
LUSINE AVAKYAN
$5K
1 grant
RYAN HEATON
$5K
2 grants

Grant Size Distribution

39 grants

<$10K
39
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Pennsylvania
$66K
52% of total
New Jersey
$18K
14% of total
New York
$16K
12% of total
Maryland
$12K
9% of total
Massachusetts
$6K
4% of total
Rhode Island
$5K
4% of total
California
$3K
2% of total
Florida
$3K
2% of total

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