NonprofitsAvedisian 575 Foundation Inc

Education

Avedisian 575 Foundation Inc

WELLESLEY, MA

Total revenue

$13.1M

Total expenses

$6.6M

Net assets

$6.5M

Grants received

EIN

854149364

Tax year

2024

Mission

The mission of the entity is funding of educational programs at the high school, college undergraduate, and graduate levels. Religious institutions and organizations are also to be provided assistance. These activities involve partners recognized as 501(c)(3) tax-exempt charitable entities. If a grant or distribution is to be given to an organization that is not within the united states, inquiries will be made to verify the organization is recognized as a tax-exempt charitable organization under the laws of the country it is operating within, and the compliance to maintain that status.

Financials

FY 2024

Revenue

Contributions & grants$13.0M
Program service revenue
Investment income$65K
Other revenue
Total revenue$13.1M

Expenses

Grants paid$6.5M
Salaries & benefits
Fundraising
Other expenses$151K
Total expenses$6.6M
Total assets$6.5M
Net assets$6.5M

People

5 listed

NameRoleCompensation

PAMELA AVEDISIAN

PRESIDENT/TREASURER

Board

2 hrs/wk

ZVART ONANIAN

DIRECTOR

Board

1 hrs/wk

LAURIE ONANIAN

CLERK/DIRECTOR

Board

1 hrs/wk

CRAIG AVEDISIAN

DIRECTOR

Board

1 hrs/wk

SUSAN JERIAN

DIRECTOR

Board

1 hrs/wk

Details

EIN854149364
NTEE codeB12
Subsection03
Ruling date2021-12
Formed2020
Employees0
Volunteers5
AVEDISIAN 575 FOUNDATION INC — Mission, Financials & Grants Received | Grantivo