Private Foundation

THE HOVSEP FOUNDATION C/O ERROL KARAKASH

Based in UNION, NJ, THE HOVSEP FOUNDATION C/O ERROL KARAKASH operates as a Private Foundation. The organization reported $88K in revenue, $62K in expenses, $1.1M in total assets for fiscal year 2025. Imperigo tracks 24 reported grants from this foundation totaling approximately $786K.

EIN: 842377028 UNION, NJ Latest filing: 2025
Total Revenue$88K
Total Expenses$62K
Total Assets$1.1M
Grants Given24
Grant Total$786K
Filing Years2021–2025

Sample Grants Given

DIOCESE OF THE ARMENIAN CHURCH
NEW YORK, NY · 2025
SOCIAL SERVICES
$35,000
TUFENKIAN FOUNDATION
NEW YORK, NY · 2025
SOCIAL SERVICE
$27,000
DIOCESE OF THE ARMENIAN CHURCH
NEW YORK, NY · 2024
SOCIAL SERVICES
$240,000
ANCA ENDOWMENT FUND
WASHINGTON, DC · 2024
SOCIAL SERVICES
$13,000
TUFENKIAN FOUNDATION
NEW YORK, NY · 2024
SOCIAL SERVICE
$10,000

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

EXECUTIVE DI Errol Karakash
TRUSTEE Serge Karakash

Officer compensation and complete director data available with membership.

Top Grant Purposes

SOCIAL SERVICES
$333,500 8 grants
SOCIAL SERVICE
$292,100 14 grants
RELIGIOUS ORGANIZATION
$150,000 1 grant
RELIGIOUS FOUNDATION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $88K $62K $1.1M
2024 $8K $266K $1.0M
2023 $8K $88K $1.1M
2022 $5K $75K $1.1M
2021 $441K $265K $1.1M

Between 2021 and 2025, reported annual revenue declined from $441K to $88K (-80%), with total assets most recently reported at $1.1M.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, MA, NJ, NY, TX.

CADCMANJNYTX

Full geographic grant map with state-by-state breakdown available with membership.

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