Funder DirectoryTHE HOVSEP FOUNDATION
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Private foundation (trust)EIN 842377028Est. 2020-09

THE HOVSEP FOUNDATION

UNION, NJ 07083

Total Assets

$1.0M

FY 2024

Annual Giving

$266K

FY 2024

Grants Made

4

FY 2024

Avg Grant

$67K

FY 2024

Grant Range

$3K–$240K

Typical

Deadlines

Applications

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$8K

Total Expenses

$266K

Qualifying Distributions

$266K

Distributable Amount

$50K

Min. Investment Return

$50K

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 $3K through median $12K to maximum $240K, 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

5 years

Giving over time from 2020 to 2024. Peak $266K in 2024. Hover bars for details.

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

Top Recipients

22 grants

DIOCESE OF THE ARMENIAN CHURCH
$240K
1 grant
DIOCESE OF TEH ARMENIAN CHURCH
$150K
1 grant
FUND FOR ARMENIAN RELIEF
$95K
2 grants
CONSTANTINOPLE ARMENIAN RELIEF SOCI
$90K
4 grants
TUFENKIAN FOUNDATION
$35K
3 grants
TEKEYAN CULTURAL ASSOCIATION
$30K
2 grants
ARMENIAN WOUNDED HEROS
$30K
3 grants
CONSTANTINOPLE ARMENIAN RELIEF
$20K
1 grant

Grant Size Distribution

22 grants

<$10K
10
grants
$10–50K
10
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

New York
$630K
87% of total
Massachusetts
$43K
6% of total
New Jersey
$20K
3% of total
California
$15K
2% of total
District of Columbia
$13K
2% of total
Texas
$3K
0% of total

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THE HOVSEP FOUNDATION — Grants, Financials & Contact | Grantivo