Public Charity

Armenian Church Endowment Fund Inc

Based in New York, NY, Armenian Church Endowment Fund Inc operates as a Public Charity. The organization reported $11.6M in revenue, $4.2M in expenses, $151.7M in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 202821426 New York, NY Interfaith Coalitions NTEE: X90 Latest filing: 2024
Total Revenue$11.6M
Total Expenses$4.2M
Total Assets$151.7M
Grant Records4
Funding Total$1.2M
Filing Years2019–2024

Mission

The mission of the Armenian Church Endowment Fund ("ACEF") is to provide financial support to the Diocese, parishes, and related entities of the Armenian Apostolic Church through oversight of pooled investments under our management. ACEF's professional investment management services, with a long-term horizon and diversified asset allocation, are designed to provide financial sustainability that allows our endowed institutions, our Armenian culture, and our spirituality to thrive for generations to come.

Where $100 goes at Armenian Church Endowment Fund Inc

How Armenian Church Endowment Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
ACEF has achieved its goal of distributing 4.5% of assets to beneficiaries each year for the last 22 consecutive years
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

AVEDISIAN 575 FOUNDATION INC C/O SONYA NERSESSIAN ESQ
2024
SUPPORT FOR EDWARD ONANIAN MEMORIAL ENDOWMENT FUND
$100,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2024
For grant recipient's exempt purposes
$9,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2023
For grant recipient's exempt purposes
$600,250
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2022
For grant recipient's exempt purposes
$500,500

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

PRESIDENT Bishop Mesrop Parsamyan
Director Bryan Stepanian
DIRECTOR Elizabeth Shaghalian Vranka
Director Eric Baroyan
Director Gregory J Amerkanian
Treasurer Gregory Melconian

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,209,750 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.6M $4.2M $151.7M
2023 $4.4M $4.0M $146.8M
2022 $-5.3M $3.7M $135.7M
2020 $190K $3.5M $127.4M
2019 $3.2M $3.5M $115.5M

Between 2019 and 2024, reported annual revenue grew from $3.2M to $11.6M (+268%), with total assets most recently reported at $151.7M.

Interactive year-over-year charts and full filing details available with membership.

Similar Organizations in NY

INST FOR SPIRITUALITY IN THE WORKPLACE INC
New York, NY · Interfaith Coalitions
GATHERING OF LIGHT MULTIFAITH SPIRITUAL FELLOWSHIP
KINGS PARK, NY · Interfaith Coalitions
BRIDGE BUILDERS MISSION
WOODSIDE, NY · Interfaith Coalitions
INTERFAITH COMMUNITY INC
NEW YORK, NY · Interfaith Coalitions
FOUNDATION FOR RELIGION AND MENTAL HEALTH INC
PLEASANTVILLE, NY · Interfaith Coalitions

Browse all nonprofits & foundations in New York, →

See the full picture for Armenian Church Endowment Fund Inc

Complete financials, all 4 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
Start Free Trial → Log In
7-day free trial Cancel any time