NonprofitsArmenian Church Endowment Fund Inc

Religion-Related

Armenian Church Endowment Fund Inc

NEW YORK, NY

Total revenue

$11.6M

Total expenses

$4.2M

Net assets

$92.7M

Grants received

$1.7M

17 grants

EIN

202821426

Tax year

2024

Mission

Armenian Church Endowment Fund's ("ACEF") mission is to provide professional asset management services to the parishes and related entities of the Diocese of the Armenian Church.

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$313K
Investment income$9.7M
Other revenue
Total revenue$11.6M

Expenses

Grants paid$3.4M
Salaries & benefits$180K
Fundraising
Other expenses$619K
Total expenses$4.2M
Total assets$151.7M
Net assets$92.7M

People

14 listed

NameRoleCompensation

Lisa A Kazanjian

Executive Director

Board

$65K

32 hrs/wk

Bishop Mesrop Parsamyan

PRESIDENT

Board

1 hrs/wk

Gregory Zorthian

Chair

Board

1 hrs/wk

Kirk S Hachigian

Director

Board

1 hrs/wk

Bryan Stepanian

Director

Board

1 hrs/wk

Gregory Melconian

Treasurer

Board

1 hrs/wk

Robert E Cannuscio

Secretary

Board

1 hrs/wk

Melanie Dadourian

Director

Board

1 hrs/wk

Eric Baroyan

Director

Board

1 hrs/wk

Kirk Kazazian

DIRECTOR

Board

1 hrs/wk

Richard Papalian

Director

Board

1 hrs/wk

Marie A Vanerian

DIRECTOR

Board

1 hrs/wk

Elizabeth Shaghalian Vranka

DIRECTOR

Board

1 hrs/wk

Gregory J Amerkanian

Director

Board

1 hrs/wk

Independent contractors

Bank of America

Investment manager

$335K

Grants received

Showing 17 of 17

FromAmountPurposeYear
$100K
SUPPORT FOR EDWARD ONANIAN MEMORIAL ENDOWMENT FUND
2024
$10K
PROGRAM SUPPORT
2024
$600K
For grant recipient's exempt purposes
2023
$501K
For grant recipient's exempt purposes
2022
$25K
RELIGIOUS EDUCATIONAL
2022

Funded by

$1.7M from 6 funders · 17 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$1.1M · 2 grants · 2022–2023

United Armenian Charities Inc

$340K · 8 grants · 2020–2023

Avedisian 575 Foundation Inc

$100K · 1 grant · 2024

Thomas A Kooyumjian Family Foundation

$77K · 4 grants · 2020–2023

The Sarkis And Ruth Bedevian

$25K · 1 grant · 2022

Charles Mosesian Family Foundation

$10K · 1 grant · 2024

Details

EIN202821426
NTEE codeX90
Subsection03
Ruling date2005-08
Formed2005
Employees3
Volunteers13
ARMENIAN CHURCH ENDOWMENT FUND INC — Mission, Financials & Grants Received | Grantivo