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Armenian Church Endowment Fund INC

Public charity
DBA: % MICHAEL HALAJIAN
Other · NEW YORK, NY · EIN 20-2821426

About

The mission of the Armenian Church Endowment Fund ("ACEF") is 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.

In care of Michael Halajian

Donations are tax-deductible
Category
Other
Employees
3
Volunteers
13

Financial Snapshot

FY ending 2024-12-31
Revenue
$11.6M
Expenses
$4.2M
Assets
$151.7M
Liabilities
$59.0M

Financial history

$11.6M$5.8M$0
161718192021222324
RevenueExpenses
Latest FY2024: $11.6M · Avg: $4.7M

Foreign activity (Schedule F)

Total spent abroad$644K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Russia and the Newly Independent States

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$3.9M
ARMENIAN CHURCH ENDOWMENT FUND INC
Your actions

Address

630 2ND AVE
New YORK, NY, 10016-480

Governance

Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Financial detail (Schedule D)

Board-designated %1.5%
Permanent endowment %71.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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