Mark G Hovanasian Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Mark G Hovanasian Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 47-1391177
Foundation Overview
Based in North Andover, MA, Mark G Hovanasian Foundation has awarded 29 grants totaling $170,000 to organizations in Massachusetts, Tennessee and 4 other states across the US. Individual grants range from $1,000 to $15,000, with a median award of $5,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 of 4 recipients (25%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.
Geographic Focus
Grants are geographically diversified with 34% in Massachusetts and funding distributed across 6 total locations. This foundation values broad geographic impact and diverse community partnerships. Within Massachusetts, funding concentrates in Chelmsford (70%), Haverhill (20%), Boston (10%).
Funding Trajectory
Moderate 34% growth trend over 4 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.
Program Areas
Dual focus on healthcare (50%) and community projects, indicating strategic concentration in complementary program areas.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Mark G Hovanasian Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Saint Vartanantz | $15,000 | Chelmsford, MA, US | Religious | 2024 |
| St Jude's | $15,000 | Memphis, TN, US | Medical | 2024 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2024 |
| Dana Farber Cancer Institute | $1,000 | Boston, MA, US | Medical | 2024 |
| Saint Vartanantz | $15,000 | Chelmsford, MA, US | Religious | 2023 |
| St Jude's | $12,500 | Memphis, TN, US | Treat Children With Cancer | 2023 |
| Krempels Center | $3,000 | Porthmouth, NH, US | Medical | 2023 |
| Doctors Without Borders | $2,500 | Hagerstown, MD, US | Medical | 2023 |
| Emmaus House | $3,000 | Haverhill, MA, US | Homeless Shelter | 2023 |
| Saint Vartanantz | $7,500 | Chelmsford, MA, US | Religious | 2022 |
| St Jude's | $7,500 | Memphis, TN, US | Treat Children With Cancer | 2022 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2022 |
| Saint Vartanantz | $7,500 | Chelmsford, MA, US | Religious | 2022 |
| St Jude's | $7,500 | Memphis, TN, US | Treat Children With Cancer | 2022 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2022 |
| Saint Vartanantz | $7,500 | Chelmsford, MA, US | Religious | 2022 |
| St Jude's | $7,500 | Memphis, TN, US | Treat Children With Cancer | 2022 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2022 |
| Saint Vartanantz | $7,500 | Chelmsford, MA, US | Religious | 2021 |
| St Jude's | $7,500 | Memphis, TN, US | Treat Children With Cancer | 2021 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2021 |
| Doctors Without Borders | $2,500 | Hagerstown, MD, US | Medical | 2021 |
| Matthew 25 | $1,500 | Blue Ash, OH, US | Social Welfare | 2021 |
| American Heart Association | $1,500 | Dallas, TX, US | Medical | 2021 |
| Saint Vartanantz | $7,500 | Chelmsford, MA, US | Religious | 2020 |
| St Jude's | $7,500 | Memphis, TN, US | Treat Children With Cancer | 2020 |
| Krempels Center | $2,500 | Porthmouth, NH, US | Medical | 2020 |
| Watotoworld | $5,000 | Haverhill, MA, US | Social Welfare | 2020 |
| Doctors Without Borders | $2,500 | Hagerstown, MD, US | Medical | 2020 |
Foundations Similar to Mark G Hovanasian Foundation
Discover 5 foundations with comparable assets ($618,812-$626,131), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Suzanne Bennett Charitable
EIN: 46-1192399 | 130 grants awarded |
$619,327
(≈ Similar) |
$2,500
median grant |
Quincy, MA
Same state |
|
|
Mary L George Foundation
EIN: 86-1733798 | 30 grants awarded |
$622,360
(≈ Similar) |
$5,000
median grant |
Belmont, MA
Same state |
|
|
The Clarks Companies Foundation
EIN: 20-4511300 | 95 grants awarded |
$618,812
(≈ Similar) |
$5,000
median grant |
Needham Heights, MA
Same state |
|
|
John & Barbara Giuggio Fdn
EIN: 04-6745184 | 44 grants awarded |
$624,229
(≈ Similar) |
$5,000
median grant |
Boston, MA
Same state |
|
|
Northern Bank & Trust Charitable Foundation Inc
EIN: 46-1606139 | 361 grants awarded |
$626,131
(≈ Similar) |
$10,000
median grant |
Woburn, MA
Same state |
|
Related Foundation Resources in MA:
Contact Information
Official contact details for Mark G Hovanasian Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 47-1391177 |
| Website | N/A |
| Address | 807 TURNPIKE STREET North Andover, MA 01845-0000 |
Key People (1)
Board members, trustees, and key staff who oversee Mark G Hovanasian Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee | Albert Pettoruto |
|---|
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Mark G Hovanasian Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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