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Filing year 2024

KEVORK AND SIRWART HOVNANIAN FOUNDATION

Matawan, New Jersey·EIN 05-0562489·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$170k
Total assets
$1.4M
Total expenses
$156k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. KEVORK AND SIRWART HOVNANIAN FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$114k

Itemized grants

11

Median grant

$3k

RecipientLocationPurposeAmount
COLUMBIA UNIVERSITYNEW YORK, NYTO PROMOTE THE WORK OF THE ORGANIZATION$50k
RIVERVIEW MEDICAL CENTER FOUNDATION INCEDISON, NJTO PROMOTE THE WORK OF THE ORGANIZATION$25k
TRUSTEES OF TUFTS COLLEGESOMERVILLE, MATO PROMOTE THE WORK OF THE ORGANIZATION$10k
NEW ARTS PUBICATION INCBROOKLYN, NYTO PROMOTE THE WORK OF THE ORGANIZATION$10k
MONMOUTH UNIVERSITYWEST LONG BRANCH, NJTO PROMOTE THE WORK OF THE ORGANIZATION$5k
ST STEPANOS ARMENIAN CHURCHLONG BRANCH, NJTO PROMOTE THE WORK OF THE ORGANIZATION$3k
CLEAN OCEAN ACTION INCLONG BRANCH, NJTO PROMOTE THE WORK OF THE ORGANIZATION$3k
ARMENIAN RADIO HOUR OF NJSOUTH ORANGE, NJTO PROMOTE THE WORK OF THE ORGANIZATION$2k
LANKENAU MEDICAL CENTER FOUNDATIONWYNNEWOOD, PATO PROMOTE THE WORK OF THE ORGANIZATION$2k
ARMENIAN GENERAL BENEVOLENT UNIONNEW YORK, NYTO PROMOTE THE WORK OF THE ORGANIZATION$2k
WENDELL GILLEY MUSEUMSOUTHWEST HARBOR, METO PROMOTE THE WORK OF THE ORGANIZATION$2k
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Financial trend

Revenue and expenses over time

KEVORK AND SIRWART HOVNANIAN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$335k
$144k
2023
$170k
$156k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

KEVORK AND SIRWART HOVNANIAN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey →
FAQ

Common questions about KEVORK AND SIRWART HOVNANIAN FOUNDATION

What are KEVORK AND SIRWART HOVNANIAN FOUNDATION's revenue and expenses?

In 2024, KEVORK AND SIRWART HOVNANIAN FOUNDATION reported $170k in total revenue and $156k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.