Afeyan Foundation

Private foundation · EIN 04-3489109 · since 2000afeyanfoundation.org·Armenia, Boston, International·Updated 13 October 2026

At a glance

$3M
Annual giving, 2024 tax year
From the Form 990-PF filing
$4,000 to $250k
Grant range
From grants in the 990-PF filings
$25,000
Typical grant (median)
39 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • Afeyan Foundation funds humanitarian action, science and technology, education, and arts and culture, and its stated geographic focus is around the world, Armenia and the greater Boston area.
  • It does not accept unsolicited requests, so a small charity without an invitation should not send it a request; the route in is through an invitation.
  • Most of its grants to organisations fall between $4,000 and $250,000, and half of its 75 grants were $25,000 or less, so a modest request in that range fits its usual pattern.
  • Its largest grant was about $1,050,000, so that band is not a ceiling.
  • In its latest filing, 27% of its grant dollars to organisations went to organisations it had also funded in its two earlier filings, which is a share of dollars rather than of grants, so repeat support is part of how it works.

Overview

Afeyan Foundation is a US private foundation based in Wilmington, DE.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The foundation designs, builds and supports innovative organisations and initiatives in education, science and technology, and humanitarian action. It frames humanitarian work around helping people in greatest need move from surviving to reviving to thriving, and it builds and funds programmes that drive impact through innovation. In education, it seeks to expand access and opportunity, with equity in and through education linked to communities prospering and individuals flourishing. It also partners with organisations that redefine artistic and cultural traditions in inventive ways to express ideas and bring people together. Its programmes impact communities around the world, including Armenia and the greater Boston area.

Themes

  • Humanitarian action
  • Science and technology
  • Education
  • Arts and culture

Geographic Focus

Priority: Around the world; Armenia; greater Boston area.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

  • Repeat giving: In its TY2024 filing, 27% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 75 grants to organisations were $25,000 or less.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Massachusetts55%
California23%
New York14%
New Mexico3%
District of Columbia2%
New Jersey<1%

2 other states: <1%

Outside the US or with no state on the filing: 4%

  • The largest single recipient received 14% of grant dollars to organisations.
  • In tax year 2024, 27% of grant dollars went to organisations Afeyan Foundation had funded in earlier filings.
  • 4% of grant dollars went directly to organisations outside the US (Armenia, Canada).
  • 17% of grant dollars went to intermediaries that regrant to other organisations.

Grants

39 grants in the latest filing analysed · median $25,000

How much do they typically give?

Share of 39 grants in tax year 2024 by size

Under $1k8%
$1k–$2.5k5%
$2.5k–$5k3%
$5k–$10k13%
$10k–$25k21%
$25k–$50k8%
$50k–$100k18%
$100k–$250k18%
$250k–$500k5%
$500k–$1M3%

Median $25,000 (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Friends of FAST · General & Unrestricted
    $667,0002024 tax year
  • Friends of McGill University · MOA for the Mental Health and Psychosocial Support Implementation Research Program
    $400,0002024 tax year
  • Armenian General Benevolent Union · the displaced people of Artsakh in Armenia
    $250,0002024 tax year
  • American University of Armenia Corporation · To promote interdisciplinary collaboration and research excellence at AUA through new-hire research supplements; short-term collaboration funds; seed grants for existing AUA faculty; building capacity for establishing a PhD program; student-incentive awards; and private sector internships
    $200,0002024 tax year
  • Massachusetts Institute of Technology · MISTI Armenia Fund within the MIT International Science and Technology Initiatives (MISTI) Program
    $200,0002024 tax year
  • Armenian American Medical Association · for HENAR the Mobile Primary Care Unit in Kapan and the Rural Family Medicine Fellowship Program; for AAMA the Overview Hypertension Management Program in Rural Armenia, Establishing the Children's Rehabilitation Centre at the Meghri hospital, Introducing newborn hearing screenings at Meghri maternity, and Introducing Long-Term Cardiac Monitoring for Ischemic Stroke Patients
    $155,0402024 tax year
  • Armand Hammer United World College Of The American · Two 2-year scholarship funds for eligible enrolled Artsakhi students at UWC Dilijan
    $140,0002024 tax year
  • Beacon Academy · General & Unrestricted
    $115,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Anna K Afeyan Gunnarson — Trustee
  • Noubar B Afeyan — Trustee

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$2,013,811$1,996,040$223,370Filing for 2022 tax year
2023 tax year$2,290,863$2,191,823$283,271Filing for 2023 tax year
2024 tax year$2,991,577$2,953,790$10,164,632Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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