George Ignatius Foundation FY2023 filing

Tax-deductible

Covina, CA501(c)(3)EIN 51-0198566Revenue $3K in FY2023

On file with the IRS305 E Benwood St, 91722-2815 · Covina, CATax-exempt since Sep 1976Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $4K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
16 mo
of spending, in cash
Looks good: 16.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3K
-99% vs prior year
Spent
$242K
Net assets
$3.1M
By yearFY2020–FY2025
Revenue
$3K
FY2023▼ -99%
Tap a bar for its year
Revenue by fiscal year
FY2020$182K
FY2021$414K
FY2022$287K
FY2023$3K
FY2024$344K
FY2025$230K
Expenses
$242K
FY2023▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$179K
FY2021$190K
FY2022$297K
FY2023$242K
FY2024$248K
FY2025$280K
Net assets
$3.1M
FY2023▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.4M
FY2022$3.4M
FY2023$3.1M
FY2024$3.2M
FY2025$3.2M

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 71% · $171K Operating & administrative 29% · $71K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024
George R Phillips SR$8,406$8,437
Walter J Karabian$8,406$8,437
Michael R Amerian$8,406$8,437

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See George Ignatius Foundation executive salaries →

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Programs and updates

A private foundation based in Covina, CA.

Questions for George Ignatius Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 11 grants · $192K · 2025–2025
Armenian American MuseumFY2025$100,000
United Armenian Congregational ChurFY2025$20,000
Holy Martyrs Ferrahian High SchoolFY2025$20,000
The Paros FoundationFY2025$15,000
Armenian Missionary Association ofFY2025$10,000
Armenian Bar AssociationFY2025$6,000
Western Diocese Armenian ChurchFY2025$5,000
The Armenian Apostolic Church of AmFY2025$5,000
San Fernando Valley Bar AssociationFY2025$5,000
Armenian Relief Society of WesternFY2025$5,000
Armenian Studies ProgramFY2025$500

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$17K
Median grantPart XV$6K
Largest grantPart XV$100K

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$3K
Investment income$3K
Money out
$242K
Grants paid$171K
Running costs$71K
Owns and owes
$3.1M
net assets
Cash and savings$328K
Total assets$3.1M
Liabilities$0
2In more detail
Revenue in detail
Investment income$3K
Total revenue$3K
Assets in detailEnd of year
Cash and savings together$328K
Total assets$3.1M
Liabilities$0
Net assets$3.1M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $230K$280K−$50K$3.2M 990 PDF
FY2024 $344K$248K$96K$3.2M 990 PDF
FY2023 Viewing $3K$242K−$239K$3.1M 990 PDF
FY2022 $287K$297K−$10K$3.4M 990 PDF
FY2021 $414K$190K$225K$3.4M 990 PDF
FY2020 $182K$179K$3K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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