Akian Foundation
Preselected recipients only
Akian Foundation is a private foundation in Valencia, California. In tax year 2024 it gave $302,500 in 8 grants; the typical grant was $22,500 and the largest $160,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$302,500
- Number of grants8
- Typical grant$22,500
- Largest grant$160,000
- Assets$4.3 million
- New grantees50%
Giving in 2024 was down from $405,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $697,000 | 6 | $3.1 million |
| 2023 | $405,000 | 7 | $3.7 million |
| 2024 | $302,500 | 8 | $4.3 million |
How to apply
Akian Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Akian Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 6 | $295,000 |
| Pennsylvania | 1 | $5,000 |
| Massachusetts | 1 | $2,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Western Diocese Armenian Church | General fund | $160,000 |
| American University of Armenia | General fund | $60,000 |
| Vem USA | General fund | $25,000 |
| Rearmenia Inc | General fund | $25,000 |
| Orran Benevolent Ngo | General fund | $20,000 |
| Pomegranate Foundation | General fund | $5,000 |
| Our Lady of Armenia Church | General fund | $5,000 |
| Armenian International Woman's Association | General fund | $2,500 |
Officers and trustees
- Zaven P Akian
- Haig P Akian
- Lena G Akian
- Lori J Stephan
Questions people ask
Does Akian Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Akian Foundation give?
$302,500 in tax year 2024, across 8 grants, with a typical grant of $22,500.
Who runs Akian Foundation?
Its 2024 filing lists Zaven P Akian (Director), Haig P Akian (President), Lena G Akian (Cfo & Vice President) and Lori J Stephan (Secretary & Vice President).
What does Akian Foundation fund?
Based on its grants, mainly faith communities.