2021-10-14T08:27:57-05:00 2020-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 208038153 Armenia Empyrean Foundation % Foundation Source RAFF 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Raffi Festekijan President 8008391754 2021-10-04 true Raffi Festekijan 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2022-09-23 18:48:47Z X X 42569 X 16129 2 2 39593 108093 39593 55724 39595 0 5205 180 5025 5205 180 5025 75450 75450 80655 180 80475 -24931 39415 -1000 42569 42569 68500 67500 42569 42569 0 0 X 67500 42569 67500 42569 67500 42569 67500 -24931 42569 42569 Publicly-traded Securities 108093 68500 39593 39593 39593 548 548 548 96 0 460 556 X 8 8 false false false false true false true true true DE true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false false false Raffi Festekjian Foundation Source 501 Silverside Rd Wilmington DE 198091377 Pres, Dir, Sec 1.0 0 0 0 65527 19347 0 84874 0 84874 1273 83601 4180 4180 548 548 3632 3632 3632 80475 0 0 0 0 80475 0 80475 3632 2018 2017 2016 82764 76975 66061 52800 63336 341936 80475 3632 76843 418779 0 82764 336015 76975 66061 52800 63336 76843 Raffi Festekjian X ARMENIAN ASSEMBLY OF AMERICA INC 1032 15TH ST NW SUITE 416 WASHINGTON DC 20005 N/A PC General & Unrestricted 25000 ARMENIAN GENERAL BENEVOLENT UNION 55 EAST 59TH ST NEW YORK NY 10022 N/A PC General & Unrestricted 25000 BOSTON CHILDRENS HEART FOUNDATION 300 LONGWOOD AVE BOSTON MA 02115 N/A PC General & Unrestricted 250 YERAZART INC 32 WARWICK RD WATERTOWN MA 02472 N/A PC General & Unrestricted 25200 75450 14 2 18 39593 39595 39595 false false false false false false false false false false X X 1 Festekjian Raffi 4 McCall Road Winchester MA 01890 16129 X As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $75,450. This amount represents 25% or more of the Foundation's net assets of $104,764 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5000 5000 Bank Charges 180 180 State or Local Filing Fees 25 25