About Armenian Church Endowment Fund
To provide financial support to the Diocese, parishes, and related entities of the Armenian Apostolic Church through oversight of pooled investments under our management. ACEF's professional investment management services, with a long-term horizon and diversified asset allocation, are designed to provide financial sustainability that allows our endowed institutions, our Armenian culture, and our spirituality to thrive for generations to come.
Focus Areas
ReligionReligious educationScholarshipsParish support and maintenanceClergy retirement/benefits
Who They Fund
unspecified / general population
Funding Style
direct service deliveryproject-specific / restricted program fundingprogram implementation support
Topics
About Armenian Church Endowment Fund
Armenian Church Endowment Fund Inc centers its grantmaking on the Armenian Apostolic Church, with most of its recent support flowing to the Diocese of the Armenian Church and to church-based institutions that serve education, clergy, and parish life. The funder’s model is built around endowed funds that are invested and then distribute annual income to named beneficiaries, creating a recurring stream of support rather than one-time project aid. Recent grants show that this approach reaches several core institutions at meaningful scale. The Diocese of the Armenian Church in New York received the largest recent award, and St Nersess Armenian Seminary in Armonk also appears repeatedly with substantial support across multiple years. Holy Martyrs Armenian Day School in Bayside is another recurring beneficiary, reflecting the funder’s emphasis on church schools and religious education. The pattern suggests a church-endowment vehicle that ties investment management directly to operating support for Armenian Orthodox institutions and related nonprofit entities. The foundation also supports parish maintenance and clergy-related needs through grants to congregations and church organizations in multiple states. Its portfolio is organized around preserving institutional continuity for Armenian Church communities and related educational and religious organizations.
What Armenian Church Endowment Fund Funds
Religion and religious education are the clearest themes in the recent grants. Armenian Church Endowment Fund Inc gave $396,950 to St Nersess Armenian Seminary in Armonk for program services, and it also provided $124,251 to Holy Martyrs Armenian Day School in Bayside for program services. Parish support is another major line of giving. The foundation awarded $93,336 to St John Armenian Church in Southfield for program services, while St Leon Armenian Church in Fair Lawn received $63,493 for program services. Its grant list also includes broader church-network support. Fund for Armenian Relief in New York received $106,138 for program services, and St Mary Armenian Apostolic Church in Washington, DC received $67,891 for program services.
How Armenian Church Endowment Fund Gives
Grant sizes cluster in the small-to-mid range, with a p25 of $11,819, a median of $22,071, and a p75 of $56,963. That distribution sits alongside much larger recurring institutional awards, showing a mix of routine distributions and higher-value support for core church entities. The same grantees appear across multiple years, which points to an ongoing beneficiary structure rather than isolated awards. The funder manages endowed funds and pays an annual income distribution of approximately 4.5% to named beneficiaries, with excess income reinvested to grow principal. One of its active programs accepts unsolicited requests; the other does not.
Financial Snapshot
Annual Giving
$2.9M
Total Assets
$151.7M
Total Revenue
$11.6M
Total Expenses
$4.2M
Typical Grant Size
Most grants fall between $12K and $57K, with a median of $22K.
25th Percentile
$12K
Median
$22K
75th Percentile
$57K
Geographic Reach
National13 states funded
About 28% of grants go to recipients in NJ.
Funding intensity
LowHigh
Headquarters
Leadership
Gregory Zorthian
Unlock Deep Analysis
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeSee Similar Funders
Free Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeExplore related grant guides
Want a Personalized Pitch for Armenian Church Endowment Fund?
Sign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Free plan available
No contracts
Cancel anytime