ANCA ENDOWMENT FUND: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ANCA ENDOWMENT FUND (EIN 36-4190026)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-11
IRS object ID
202433169349302583
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-11T09:50:47-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JM&MBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110500 LITTLE PATUXENT PARKWAY SUITEAddressLine1Txt
Address Line2770AddressLine2Txt
CityCOLUMBIACityNm
State AbbreviationMDStateAbbreviationCd
ZIP21044ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364190026EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANCA ENDOWMENT FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlANCABusinessNameControlTxt
Phone2027428704PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11711 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARAM HAMPARIANPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone2027428704PhoneNum
Signature2024-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEENA BISHNOIPreparerPersonNm
PTINP01480769PTIN
Phone4108840220PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRAFFI HAMPARIANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11711 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,204,174GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO PROVIDE EDUCATIONAL OPPORTUNITIES TO YOUNG ADULTS WISHING TO BECOME INVOLVED IN U.S. GOVERNMENT AND NOT FOR PROFIT ACTIVITIES THROUGH INTERNSHIPS AND TO PROVIDE EDUCATIONAL MATERIALS CONCERNING ISSUES OF IMPORTANCE TO THE AMERICAN-ARMENIAN COMMUNITY AND TO OTHER INTERESTED PARTIES.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,397,395PYContributionsGrantsAmt
CY Contributions Grants$942,914CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$10,121PYInvestmentIncomeAmt
CY Investment Income$59,660CYInvestmentIncomeAmt
PY Other Revenue$140,512PYOtherRevenueAmt
CY Other Revenue$137,005CYOtherRevenueAmt
PY Total Revenue$1,548,028PYTotalRevenueAmt
CY Total Revenue$1,139,579CYTotalRevenueAmt
PY Grants And Similar Paid$508,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$544,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$148,317CYTotalFundraisingExpenseAmt
PY Other Expenses$449,733PYOtherExpensesAmt
CY Other Expenses$446,092CYOtherExpensesAmt
PY Total Expenses$957,733PYTotalExpensesAmt
CY Total Expenses$990,092CYTotalExpensesAmt
PY Revenues Less Expenses$590,295PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$149,487CYRevenuesLessExpensesAmt
Total Assets BOY$7,419,584TotalAssetsBOYAmt
Total Assets EOY$7,964,726TotalAssetsEOYAmt
Total Liabilities BOY$230,286TotalLiabilitiesBOYAmt
Total Liabilities EOY$178,345TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,189,298NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,786,381NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE EDUCATIONAL OPPORTUNITIES TO YOUNG ADULTS WISHING TO BECOME INVOLVED IN U.S. GOVERNMENT AND NOT FOR PROFIT ACTIVITIES THROUGH INTERNSHIPS AND TO PROVIDE EDUCATIONAL MATERIALS CONCERNING ISSUES OF IMPORTANCE TO THE AMERICAN-ARMENIAN COMMUNITY AND TO OTHER INTERESTED PARTIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$383,432ExpenseAmt
Grant$282,000GrantAmt
DescCOMMUNITY OUTREACH/EDUCATION PROGRAM: THE ANCA ENDOWMENT FUND DIRECTLY FUNDS EVENTS AND OFFERS GRANTS TO SUPPORT THE ONGOING COMMUNITY EDUCATION AND OUTREACH EFFORTS OF THE ARMENIAN NATIONAL COMMITTEE OF AMERICA (ANCA) AND OTHER SIMILAR ORGANIZATIONS. GRANTS GENERALLY FUND EVENTS AND PROGRAMS WHICH PROMOTE GREATER UNDERSTANDING OF ARMENIAN HISTORY AND COMMUNITY CONCERNS AS WELL AS ENCOURAGE EXPANDED ARMENIAN AMERICAN CIVIC AWARENESS AND INVOLVEMENT THROUGHOUT THE UNITED STATES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$369,869ExpenseAmt
Grant$262,000GrantAmt
DescCAPITAL GATEWAY PROGRAM: THE ANCA ENDOWMENT FUND GRANTS FUNDS TO THE ANCA TO SUPPORT THE ANCA HOVIG APO SAGHDEJIAN CAPITAL GATEWAY PROGRAM DESIGNED TO GIVE QUALIFIED UNIVERSITY STUDENTS AND GRADUATES AN OPPORTUNITY TO EXPLORE PART-TIME INTERNSHIP AND FULL-TIME JOB OPPORTUNITIES IN WASHINGTON, DC.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescARMENIAN LEGAL CENTER LEGAL PROGRAM GRANT: THE ANCA ENDOWMENT FUND GRANTED FUNDS IN 2017 TO THE ARMENIAN LEGAL CENTER FOR JUSTICE AND HUMAN RIGHTS TO WORK WITH THE LEGAL COMMMUNITY IN OFFERING RESEARCH AND COMMENTARY REGARDING LITIGATION IMPACTING RECOVERY OF ARMENIAN GENOCIDE ERA ASSETS AND ARMENIAN GENOCIDE EDUCATION. THERE WAS NO ACTIVITY IN THE LEGAL CENTER PROGRAM DURING 2023.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$753,301TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHRIS HEKIMIANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2027428704PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11711 N STREET NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRIS HEKIMIAN
TREASURER2.00Yes (X)Yes (X)$0$0$0
ABRAHAM SAGHDEJIAN
DIRECTOR0.50Yes (X)$0$0$0
BEDROS BANDAZIAN
DIRECTOR0.50Yes (X)$0$0$0
RAFFI HAMPARIAN
PRESIDENT5.00Yes (X)$0$0$0
ARAM HAMPARIAN
SECRETARY3.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
All Other Contributions$942,914AllOtherContributionsAmt
Noncash Contributions$43,543NoncashContributionsAmt
Total Contributions$942,914TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,660TotalRevenueColumnAmt
Exclusion$59,660ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$201,600RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$64,595RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$137,005RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$137,005TotalRevenueColumnAmt
Exclusion$137,005ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,139,579TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$196,665ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$544,000TotalAmt
Program Services$544,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,174TotalAmt
Management And General$12,174ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$126,300TotalAmt
Program Services$8,460ProgramServicesAmt
Management And General$63,240ManagementAndGeneralAmt
Fundraising$54,600FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,386TotalAmt
Program Services$17,386ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$91,470TotalAmt
Program Services$470ProgramServicesAmt
Management And General$975ManagementAndGeneralAmt
Fundraising$90,025FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,875TotalAmt
Program Services$24,875ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$42,307TotalAmt
Program Services$35,247ProgramServicesAmt
Management And General$5,500ManagementAndGeneralAmt
Fundraising$1,560FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$48,997TotalAmt
Program Services$48,997ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$62,308TotalAmt
Program Services$54,154ProgramServicesAmt
Management And General$6,352ManagementAndGeneralAmt
Fundraising$1,802FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,465TotalAmt
Program Services$4,166ProgramServicesAmt
Management And General$233ManagementAndGeneralAmt
Fundraising$66FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSUBSCRIPTIONSDesc
Total$15,810TotalAmt
Program Services$15,546ProgramServicesAmt
Fundraising$264FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$990,092TotalAmt
Program Services$753,301ProgramServicesAmt
Management And General$88,474ManagementAndGeneralAmt
Fundraising$148,317FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$345,022BOYAmt
EOY$432,196EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,490,284BOYAmt
EOY$2,404,814EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$100,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,500BOYAmt
EOY$3,550EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,529BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,803,595LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,280,107LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,563,230BOYAmt
EOY$3,523,488EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,004,019BOYAmt
EOY$1,495,159EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,519EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,419,584BOYAmt
EOY$7,964,726EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,606BOYAmt
EOY$35,135EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$48,000BOYAmt
EOY$64,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$158,680BOYAmt
EOY$79,210EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$230,286BOYAmt
EOY$178,345EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,286,526BOYAmt
EOY$6,863,033EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$902,772BOYAmt
EOY$923,348EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,189,298BOYAmt
EOY$7,786,381EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,419,584BOYAmt
EOY$7,964,726EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$149,487ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$447,596NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$817,927CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,763,138CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,354,359CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,397,395CurrentTaxYearMinus1YearAmt
Current Tax Year$942,914CurrentTaxYearAmt
Total$6,275,733TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$817,927CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,763,138CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,354,359CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,397,395CurrentTaxYearMinus1YearAmt
Current Tax Year$942,914CurrentTaxYearAmt
Total$6,275,733TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$205,838SubstantialContributorsTotAmt
Public Support Total170$6,069,895PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$267,072CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$271,531CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$227,804CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$211,050CurrentTaxYearMinus1YearAmt
Current Tax Year$261,260CurrentTaxYearAmt
Total$1,238,717TotalAmt
FieldValueIRS element (for citing)
Total Support$7,514,450TotalSupportAmt
Public Support CY1700.80780PublicSupportCY170Pct
Public Support PY1700.81200PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,229,413BeginningYearBalanceAmt
Contributions$95,376ContributionsAmt
Investment Earnings Or Losses$452,365InvestmentEarningsOrLossesAmt
End Year Balance$1,777,154EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,524,561BeginningYearBalanceAmt
Contributions$64,800ContributionsAmt
Investment Earnings Or Losses-$359,907InvestmentEarningsOrLossesAmt
Other Expenditures$41OtherExpendituresAmt
End Year Balance$1,229,413EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,049,808BeginningYearBalanceAmt
Contributions$172,738ContributionsAmt
Investment Earnings Or Losses$306,912InvestmentEarningsOrLossesAmt
Other Expenditures$4,897OtherExpendituresAmt
End Year Balance$1,524,561EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$853,768BeginningYearBalanceAmt
Contributions$43,500ContributionsAmt
Investment Earnings Or Losses$155,179InvestmentEarningsOrLossesAmt
Other Expenditures$2,639OtherExpendituresAmt
End Year Balance$1,049,808EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$654,753BeginningYearBalanceAmt
Contributions$25,740ContributionsAmt
Investment Earnings Or Losses$174,392InvestmentEarningsOrLossesAmt
Other Expenditures$1,117OtherExpendituresAmt
End Year Balance$853,768EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.57000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.40000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.03000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,288,770OtherCostOrOtherBasisAmt
Book Value$1,288,770BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,396,297OtherCostOrOtherBasisAmt
Depreciation$1,173,701DepreciationAmt
Book Value$2,222,596BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$118,528OtherCostOrOtherBasisAmt
Depreciation$106,406DepreciationAmt
Book Value$12,122BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,523,488TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO ARMENIAN NATIONAL COMMITTEE, AN AFFILIATED ENTITYDesc
Amt$79,210Amt
FieldValueIRS element (for citing)
Total Liability$79,210TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,587,175TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$447,596NetUnrealizedGainsInvstAmt
Revenue Not Reported$447,596RevenueNotReportedAmt
Revenue Subtotal$1,139,579RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,139,579TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$990,092TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$990,092ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$990,092TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:PERMANENT ENDOWMENT FUNDS ARE DONOR RESTRICTED FUNDS WITH THE UNDERSTANDING THAT THE PRINCIPAL WOULD BE HELD INTACT AND ONLY INCOME IS USED FOR THE BENEFIT OF THE ORGANIZATION. INCOME FROM BOARD DESIGNATED ENDOWMENT FUND AMOUNTS ARE AVAILABLE FOR USE AS DIRECTED BY THE BOARD.
PART X, LINE 2:THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ARMENIAN NATIONAL COMMITTEE OF AMERICABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11711 N ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Recipient EIN521492274RecipientEIN
IRC Section501(C)(4)IRCSectionDesc
Cash Grant$544,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO PROMOTE AND SUSTAIN ARMENIAN CULTURE AND PROVIDE OPPORTUNITIES FOR YOUNG ADULTS TO INTERN WITH US GOVERNMENT AND VARIOUS NOT FOR PROFIT AGENCIES LOCATED IN WASHINGTON DC.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationANCA ENDOWMENT FUND REQUIRES A WRITTEN REQUEST FOR GRANTS AND WILL PERIODICALLY REVIEW REPORTS FROM THE GRANTEE. AN ANNUAL SCHEDULE FROM THE GRANTEE IS ALSO REVIEWED TO MAKE SURE THAT THE GRANTS ARE BEING USED FOR THE INTENDED PURPOSES.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$43,543NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, MAY DESIGNATE ONE OR MORE COMMITTEES TO PARTICIPATE IN THE WORK OF THE CORPORATION. THE COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION AND NOT RESTRICTED BY LAW, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION; BUT THE DESIGNATION OF SUCH COMMITTEES AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED ON IT, HIM, OR HER BY LAW.
FORM 990, PART VI, SECTION A, LINE 2THE ORGANIZATION'S PRESIDENT AND SECRETARY ARE BROTHERS.
FORM 990, PART VI, SECTION A, LINE 8BTHE ANCA ENDOWMENT FUND, INC. DOES NOT HAVE ANY COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE GOVERNING BODY WILL REVIEW A DRAFT OF THE TAX RETURN BEFORE APPROVING AND SIGNING A FINAL COPY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VIII, LINE 6:THE ORGANIZATION LEASES SPACE TO ORGANIZATIONS THAT SHARE ITS MISSION. AT LEAST 85% OF THE SPACE IS USED TO FURTHER THE MISSION OF THE ORGANIZATION, AND THEREFORE THIS RENTAL INCOME IS NOT CONSIDERED UNRELATED BUSINESS INCOME.
FORM 990, PART IX, LINE 11GSERVICE AGREEMENTS: PROGRAM SERVICE EXPENSES 8,460. MANAGEMENT AND GENERAL EXPENSES 63,240. FUNDRAISING EXPENSES 54,600. TOTAL EXPENSES 126,300.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.