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Private Foundation · PA · Private Grantmaking Foundations

Richard Dermenjian Charitable Trust

Media, PA  ·  EIN 266607162  ·  Website (ProPublica) ↗  ·  990s on ProPublica ↗

Assets

$1.3M

Total Giving

$37K

Grants on File

11

Average Grant

$3K

Giving Radius

Where Richard Dermenjian Charitable Trust Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — no grants on file CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — $1K across 1 grant MD — $4K across 1 grant ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — $6K across 2 grants NM — no grants on file NV — no grants on file NY — $6K across 1 grant OH — no grants on file OK — no grants on file OR — no grants on file PA — $15K across 5 grants RI — $5K across 1 grant SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 11 recipients across 6 states. Top concentrations: NEWTON SQUARE ($6K, 2 grants), SOFFERN ($6K, 1 grant), BROOMALL ($5K, 1 grant), CRANSTON ($5K, 1 grant), SADDLE RIVER ($4K, 1 grant).

Section I

How to Apply

Application checklist: - Recent photo (optional) - High school transcript; or - If currently enrolled in college, college transcript - Two (2) letters of proof of Armenian heritage (ex: letter from a priest or other Armenian community leader) - Two (2) letters of recommendation from teachers, guidance counselors, etc. (include address, phone numbers and relationship to applicant) - If you have previously applied for any other financial aid, please provide copies of all application forms - Copy of tax returns (1040) for previous 3 years for applicant and parents, or if married, include 1040 of spouse as well - Response to essay. If you have applied for this scholarship before, please select an essay that you have not responded to previously - Signed authorization which allows us to contact the school on your behalf (included in this packet) - If you are currently enrolled in college, please attach your invoice from that school

On Unsolicited Proposals yes

Restrictions

Award must be used for tuition.

Section IV

Recent Grants

Recipient Amount Year
Teni R Jehanian $2K 2022
Sareen Minasian $4K 2022
Ryan Heaton $2K 2022
Nyrah Balabanian $4K 2022
Nikolas Kojoian $1K 2022
Lusine Avakyan $5K 2022
Laura Sickler $2K 2022
David Babaian $5K 2022
Connor Campbell $1K 2022
Anna Tekeyan $6K 2022
Ani Mkrtchyan $4K 2022

11 grants total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $1.2M $58K $33K $81K
2022 $1.2M $59K $74K $53K
2021 $1.4M $51K $288K $59K
2020 $1.2M $53K $47K $55K
2019 $1.2M $51K $50K $68K
2015 $1.2M $75K $76K $101K
2014 $1.3M $70K $75K $77K
2013 $1.4M $68K $78K $82K
2012 $1.4M $64K $69K $82K
2011 $1.3M $67K $73K $94K

Section VII

Foundations Like This One

Similar in focus area, location, and asset size. Worth researching as part of the same campaign.