Skip to main content
Filing year 2024

Nazareth & Nila Festekjian Family Foundation

Wilmington, Delaware·EIN 20-8679656·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1M
Total assets
$2.4M
Total expenses
$85k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. Nazareth & Nila Festekjian Family Foundation reported 2 unpaid officers and board members on its 990-PF.

Pres, Dir, Sec
VP

Grants paid

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

Total granted

$81k

Itemized grants

9

Median grant

$5k

RecipientLocationPurposeAmount
ARMENIAN GENERAL BENVOLENT UNIONNEW YORK, NYAGBU Berge Setrakian Leadership Fund$50k
ARMENIAN GENERAL BENVOLENT UNIONNEW YORK, NYGeneral & Unrestricted$8k
ARMENIAN GENERAL BENVOLENT UNIONNEW YORK, NYArvest at the General Assembly FUND$5k
ARMENIAN GENERAL BENVOLENT UNIONNEW YORK, NYCamp Nubar 60th Anniversary FUND$5k
DIOCESE OF THE ARMENIAN CHURCH OF AMERICANEW YORK, NYCharitable Event$5k
DIOCESE OF THE ARMENIAN CHURCH OF AMERICANEW YORK, NYBishop's Annual Appeal FUND$3k
NORTHWESTERN UNIVERSITYEVANSTON, ILGeneral & Unrestricted$3k
CARNEGIE HALL A CORPORATIONLEWISBURG, WVGeneral & Unrestricted$2k
ST THOMAS ARMENIAN CHURCHTENAFLY, NJGeneral & Unrestricted$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Nazareth & Nila Festekjian Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$41k
$87k
2023
$1M
$85k
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 Delaware

Nazareth & Nila Festekjian Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Delaware
FAQ

Common questions about Nazareth & Nila Festekjian Family Foundation

What are Nazareth & Nila Festekjian Family Foundation's revenue and expenses?

In 2024, Nazareth & Nila Festekjian Family Foundation reported $1M in total revenue and $85k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

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