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Private foundation (trust)EIN 311113243Est. 1984-11

THE MARKARIAN FOUNDATION

LAS CRUCES, NM 88013

Accepts unsolicited proposals

Total Assets

$4.0M

FY 2024

Annual Giving

$55K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$28K

FY 2024

Grant Range

$15K–$40K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$55K

The foundation offers its antique and oriental rugs to museums and has an ongoing relationship with the textile museum and the cincinnati art museum to financially support related projects.

Program 2

Promotes education on oriental rugs by loan of period pieces

Financial Snapshot

2024 filing

Total Revenue

$199K

Total Expenses

$216K

Qualifying Distributions

$169K

Distributable Amount

$171K

Min. Investment Return

$173K

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

7 years

Giving over time from 2018 to 2024. Peak $85K in 2020. Hover bars for details.

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

Top Recipients

18 grants

THE TEXTILE MUSEUM
$330K
7 grants
CINCINNATI ART MUSEUM
$83K
6 grants
ARMENIAN AMERICAN MUSEUM
$65K
3 grants
INSTITUTE FOR CREATION RESEARCH
$19K
2 grants

Grant Size Distribution

18 grants

<$10K
6
grants
$10–50K
12
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

District of Columbia
$330K
66% of total
Ohio
$83K
17% of total
California
$65K
13% of total
Texas
$19K
4% of total

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