Alan K and Isabelle Derkazarian Fdn
ActivePhilanthropy & VoluntarismFunds Individuals
About Alan K and Isabelle Derkazarian Fdn
The Alan K and Isabelle DerKazarian Foundation concentrates support on Armenian community institutions and local civic infrastructure in the Belmont/Watertown area, plus a notable interest in dental/medical professional causes. Grants are relatively few but sizable, often targeted to property/facility needs and professional association initiatives. The foundation appears to favor repeat, high-impact gifts to a small set of organizations tied to the founders' community and professional interests.
Focus Areas
Armenian church and community property/support (e.g., St. James Armenian Apostolic Church)Armenian professional associations — dental/medical (e.g., Armenian International Dental Association)Local public library support and facilities (Belmont Public Library / Watertown library acquisition)Medical/dental philanthropy and education (MDS Foundation and similar groups)
Who They Fund
public libraries and congregations (church-adjacent property)healthcare institutions/patients (NICU, hospital funds)students and scholarship recipients (K–12 and postsecondary)
About Alan K and Isabelle Derkazarian Fdn
A defining thread in The Alan K and Isabelle DerKazarian Fdn’s grantmaking is its sustained support for Armenian institutions and property needs in the Belmont–Watertown area. The largest recent award in the data went to the Armenian Intl Dental Association in Brookline for unrestricted support, and the foundation has also made repeated property-linked gifts to St James Armenian Apostolic Church in Watertown, including support for the acquisition of Watertown Library property adjacent to the church’s property. Beyond Armenian community work, the foundation has backed Belmont Public Library, Beth Israel Deaconess Hospital, and the National Association for Armenian Studies and Research, showing a pattern of local civic, health, and cultural support. Its recent grants range from smaller scholarship awards to larger five- and six-figure gifts, with a recurring emphasis on organizations that serve the founders’ community, education, and health-related interests. The mix of unrestricted support and project-specific funding suggests a funder that uses both flexible operating grants and targeted capital or acquisition grants to advance selected local priorities.
What Alan K and Isabelle Derkazarian Fdn Funds
Education appears through scholarship and school-support gifts. The foundation gave $10,000 to Archana Verma for an educational scholarship and $7,000 to Belmont Hill School for an annual fund contribution and a Washington, DC field trip. Cultural education also shows up in a $10,000 grant to Ethnic Arts Center of Somerville Inc. for the expansion of Armenian folktale puppet shows. On the health side, Beth Israel Deaconess Hospital received $20,000 for the BIDMC DerKazarian Foundation NICU Support Fund, along with earlier support for the BIDMC Campus Transformation Fund. Local civic and heritage work includes $20,000 to Natl Assn for Armenian Studies and Research in Belmont for unrestricted support, and $5,000 to Friends of Mt Auburn Cemetery for unrestricted support.
How Alan K and Isabelle Derkazarian Fdn Gives
Typical grant size is modest relative to the foundation’s larger awards: the p25 is $1,000, the median is $3,000, and the p75 is $5,000. The recent-grants list shows repeated support for some organizations across multiple years, including St James Armenian Apostolic Church, MDS Foundation Inc, Natl Assn for Armenian Studies and Research, The College Light Opera Company, Educated Canines Asstng w Disabilit, and Friends of Mt Auburn Cemetery. The foundation is not a DAF and does not make program-related investments. It also funds individuals, as shown by scholarship grants to named recipients.
Financial Snapshot
Annual Giving
$775K
Total Assets
$1.4M
Total Revenue
$437K
Total Expenses
$340K
Typical Grant Size
Most grants fall between $1K and $5K, with a median of $3K.
25th Percentile
$1K
Median
$3K
75th Percentile
$5K
Geographic Reach
Regional10 states funded
About 78% of grants go to recipients in MA.
Funding intensity
LowHigh
Headquarters
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