2024-10-17T22:07:03-05:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 043489109 Afeyan Family Foundation % Foundation Source AFEY 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 anne afeyan gunnarson trustee 8008391754 2024-10-09 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X X 283271 X 2784360 1726 1726 3835 3835 -525659 2501435 736727 170 170 2264432 742458 0 15388 0 0 15388 41000 41000 4100 13552 99 13453 74040 99 0 69841 2216823 2191823 2290863 99 0 2261664 -26431 742359 47867 264170 264170 334684 91950 19101 382551 356120 283271 0 0 X 382551 356120 382551 356120 382551 356120 382551 -26431 356120 356120 Publicly-traded Securities 2501435 1764708 736727 736727 736727 10319 10319 10319 7844 0 2500 10344 X 8 17 17 false false false false true false true true true MA true false true false false true Foundation Source 8008391754 55 WALLS DRIVE FL 3 Fairfield CT 06824 false false false false false false false false false false false false false false false true false false true false false false false Noubar B Afeyan Foundation Source 501 Silverside Rd Wilmington DE 198091377 Trustee 5.0 0 0 0 Anna K Afeyan Gunnarson Foundation Source 501 Silverside Rd Wilmington DE 198091377 Trustee 10.0 0 0 0 65582 91426 0 157008 0 157008 2355 154653 7733 7733 10319 10319 0 0 0 2261664 0 0 0 0 2261664 0 2021 2020 2019 1216092 1854594 3735543 2195950 1955496 10957675 2261664 0 2261664 0 0 13219339 0 1216092 12003247 1854594 3735543 2195950 1955496 2261664 Anna K Afeyan Gunnarson Noubar B Afeyan X ARMENIAN ASSEMBLY OF AMERICA INC 1032 15TH ST NW SUITE 416 WASHINGTON DC 20005 N/A PC General & Unrestricted 25750 ARMENIAN GENERAL BENEVOLENT UNION 2495 E MOUNTAIN ST PASADENA CA 91104 N/A PC General & Unrestricted 25000 ARMENIAN INTERNATIONAL WOMENS ASSOCIATION INC 65 MAIN ST STE 3A WATERTOWN MA 02472 N/A PC To support projects benefitting the displaced people of Artsakh 5000 ARMENIAN MISSIONARY ASSOC OF AMER INC 31 W CENTURY RD PARAMUS NJ 07652 N/A PC General & Unrestricted 5130 AURORA HUMANITARIAN INITIATIVE FOUNDATION INC 55 CAMBRIDGE PKWY STE 800E CAMBRIDGE MA 02142 N/A PC General & Unrestricted 1030000 BEACON ACADEMY INC 814 S ST BOSTON MA 02131 N/A PC General & Unrestricted 215000 BOSTON FOUNDATION INC 75 ARLINGTON ST BOSTON MA 02116 N/A PC General & Unrestricted 5000 BOSTON SYMPHONY ORCHESTRA INC 301 MASS AVE BOSTON MA 02115 N/A PC General & Unrestricted 100000 CHILDREN OF ARMENIA FUND INC 149 5TH AVE STE 500 NEW YORK NY 10010 N/A PC General & Unrestricted 30000 COMMUNITY OF CARING 39 WESTERN AVE KENNEBUNK ME 04043 N/A PC General & Unrestricted 4000 COUNCIL ON FOREIGN RELATIONS INC 58 E 68TH ST NEW YORK NY 10065 N/A PC General & Unrestricted 5000 FRIENDS OF TEAM ARMENIA BASKETBALL 550 N BRAND BLVD STE 1500 GLENDALE CA 91203 N/A PC General & Unrestricted 25000 HOLY TRINITY ARMENIAN APOSTLE CHURCH OF GREATER BO 145 BRATTLE ST CAMBRIDGE MA 02138 N/A PC General & Unrestricted 10000 Loyola High School - Montreal QC 7272 Sherbrooke St W Montreal Quebec CA h4b1r2 N/A NC Expenditure Responsibility Grant 4443 MASSACHUSETTS INSTITUTE OF TECH 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 N/A PC General & Unrestricted 600000 NETWORK OF ENGAGED INTERNATIONAL DO NORS GLOBAL IN PO BOX 24 WATERTOWN MA 02471 N/A PC Membership renewal fund 2500 NETWORK OF ENGAGED INTERNATIONAL DO NORS GLOBAL IN PO BOX 24 WATERTOWN MA 02471 N/A PC General & Unrestricted 5000 SPOONFULS INC 189 WELLS AVE STE 100 NEWTON MA 02459 N/A PC General & Unrestricted 15000 TEKEYAN CULTURAL ASSOCIATION INC 755 MOUNT AUBURN ST WATERTOWN MA 02472 N/A PC Armenian Mirror Spectator fund 50000 THE H HOVNANIAN FAMILY FOUNDATION 4000 RTE 66 TINTON FALLS NJ 07753 N/A PF Expenditure Responsibility grant 25000 YERAZART INC 32 WARWICK RD WATERTOWN MA 02472 N/A PC General & Unrestricted 30000 2216823 14 1726 14 3835 18 -525659 CLASS ACTION LAWSUIT PROCEEDS 01 170 -519928 -519928 false false false false false false false false false false X X 1 Gunnarson Afeyan Anna K 55 Cambridge Parkway Suite 800E Cambridge MA 02142 2784360 X 1 W S MLP & ENERGY INFRASTRUCTURE FUND SMLPX-WS, 132275 sh. 1015872 2023-01-23 1 W S MLP & ENERGY INFRASTRUCTURE FUND SMLPX-WS, 13000 sh. 98020 2023-02-16 1 EXXON MOBIL CORP XOM, 1919 sh. 214189 2023-05-02 1 CHEVRON CORP CVX, 918 sh. 148638 2023-05-02 1 MCKESSON CORP MCK, 107 sh. 41886 2023-05-09 1 O'REILLY AUTOMOTIVE INC ORLY, 53 sh. 50374 2023-05-09 1 ELI LILLY & CO LLY, 38 sh. 16409 2023-05-09 1 NUCOR CP NUE, 458 sh. 64502 2023-05-09 1 ROYAL CARRIBEAN CRUISE RCL, 326 sh. 32305 2023-08-21 1 EXACT SCIENCES CORPORATION EXAS, 343 sh. 28320 2023-08-21 1 VERTIV CL A VRT, 808 sh. 27832 2023-08-21 1 FIRST SOLAR INC FSLR, 110 sh. 19768 2023-08-21 1 MARATHON PETROLEUM CORP MPC, 611 sh. 87599 2023-08-21 1 BUILDERS FIRST SOURCE INC BLDR, 177 sh. 23524 2023-08-21 1 GENERAL ELECTRIC CO GE, 900 sh. 103550 2023-09-15 1 SCHLUMBERGER LTD SLB, 900 sh. 51972 2023-10-09 1 D R HORTON DHI, 444 sh. 56503 2023-11-29 1 UNITED STATES STEEL CORP X, 201 sh. 7142 2023-11-29 1 STEEL DYNAMICS INC STLD, 120 sh. 13743 2023-11-29 1 TOPBUILD CORP BLD, 568 sh. 168435 2023-11-29 1 QUANTA SVCS INC PWR, 1371 sh. 252997 2023-11-29 1 ADVANCED MICRO DEVICES INC AMD, 807 sh. 100556 2023-11-29 1 ON SEMICONDUCTOR ON, 232 sh. 16660 2023-11-29 1 FIRST CITIZENS BANCSHARES INC FCNCA, 99 sh. 143206 2023-11-29 1 KYNDRYL HOLDINGS INC KD, 20 sh. 358 2023-11-29 THE H HOVNANIAN FAMILY FOUNDATION 4000 ROUTE 66 TINTON FALLS NJ 07753 2023-10-10 25000 NY Times ad to speak out on aggression and military action from Azerbaijan on the ppl of Artsakh 25000 NO Q4 2023 none necessary Artsakh loyola high school foundation 7272 SHERBROOKE ST W MONTREAL QC CA H4B 1R2 2023-04-18 4443 to support the giving day program 4443 NO 05/19/2023 none necessary form 990-pf, parts I and XIV: form 990-pf, parts I and XIV: TOTAL Part I, Line 25, Column (a) and Part XIV, Line 3a: $2,216,823 Less amount not treated as qualifying distribution: $25,000 TOTAL Part I, Line 25, Column (d): $2,191,823 SYROS PHARMACEUTICALS INC 91950 19101 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,216,823. This amount represents 25% or more of the Foundation's net assets of $223,370 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Document Review/Drafting 2940 2940 General Consultations 12448 12448 Administrative Fees 2754 2754 Administrative Set-Up Fee 5500 5500 Bank Charges 99 99 Digital Subscriptions 2156 2156 Foundation Dues & Memberships 2500 2500 WEBSITE HOSTING/SUPPORT 293 293 STATE OR LOCAL FILING FEES 250 250 Class Action Lawsuit Proceeds 170 170 WEBSITE DEVELOPMENT 41000 41000 Gunnarson Afeyan Anna K 55 Cambridge Parkway Suite 800E Cambridge MA 02142 990-PF Estimated Tax for 2023 4100