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Filing year 2024

THE HOVSEP FOUNDATION

Union, New Jersey·EIN 84-2377028·NTEE B20 · Education·501(c)(3)
Total revenue
$8k
Total assets
$1M
Total expenses
$266k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE HOVSEP FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Executive Di
Trustee

Grants paid

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

Total granted

$266k

Itemized grants

4

Median grant

$12k

RecipientLocationPurposeAmount
DIOCESE OF THE ARMENIAN CHURCHNEW YORK, NYSOCIAL SERVICES$240k
ANCA ENDOWMENT FUNDWASHINGTON, DCSOCIAL SERVICES$13k
TUFENKIAN FOUNDATIONNEW YORK, NYSOCIAL SERVICE$10k
TUMO FOUNDATIONDALLAS, TXSOCIAL SERVICES$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE HOVSEP FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8k
$88k
2023
$8k
$266k
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 Education executives earn in New Jersey

THE HOVSEP FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in New Jersey earns a median of $97,504.

25th percentile
$31k
Median
$97,504
75th percentile
$191k
90th percentile
$304k

These are education sector-wide figures, not this organization's reported pay. Based on 648 organizations across 648 filings (2022 – 2024).

See full Education pay data for New Jersey
FAQ

Common questions about THE HOVSEP FOUNDATION

What are THE HOVSEP FOUNDATION's revenue and expenses?

In 2024, THE HOVSEP FOUNDATION reported $8k in total revenue and $266k 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.