Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE H HOVNANIAN FAMILY FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)4000 ROUTE 66
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TINTON FALLS, NJ07753
A Employer identification number

59-2714390
B Telephone number (see instructions)

(732) 922-6100
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$199,455,873J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 106,197
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,103,888 4,248,680  
5a Gross rents............ 992,776 992,776  
b Net rental income or (loss) 549,787
6a Net gain or (loss) from sale of assets not on line 10 4,490,648
b Gross sales price for all assets on line 6a 59,053,597
7 Capital gain net income (from Part IV, line 2)... 4,599,431
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,216,781 2,167,893  
12 Total. Add lines 1 through 11........ 11,910,290 12,008,780  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 155,697 0   155,697
14 Other employee salaries and wages...... 438,542 0   438,542
15 Pension plans, employee benefits....... 40,321 0   40,321
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
17,375 0   17,375
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
19,227 9,613   9,614
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,293,154 1,293,154   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
240,014 240,014   0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
470,599 416,187  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 43,403 0   43,403
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,592,296 0   1,592,296
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,310,628 1,958,968   2,297,248
25 Contributions, gifts, grants paid....... 9,785,103 9,832,291
26 Total expenses and disbursements. Add lines 24 and 25 14,095,731 1,958,968   12,129,539
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,185,441
b Net investment income (if negative, enter -0-) 10,049,812
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 13,203,493 947,245 947,245
2 Savings and temporary cash investments......... 34,999,614 49,217,147 49,217,147
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 256,283 199,281 199,281
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 136,478,449 Click to see attachment
List of Attached Documents:
// Content
131,929,887 		124,957,593
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow22,376,641
Less: accumulated depreciation (attach schedule) right arrow3,809,561 18,823,809 Click to see attachment
List of Attached Documents:
// Content
18,567,080 		18,567,080
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 912,428 Click to see attachment
List of Attached Documents:
// Content
1,045,628 		1,435,075
14 Land, buildings, and equipment: basis right arrow3,612,941
Less: accumulated depreciation (attach schedule) right arrow147,776 3,492,775 Click to see attachment
List of Attached Documents:
// Content
3,465,165 		3,465,165
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
27,110 		Click to see attachment
List of Attached Documents:
// Content
667,287 		Click to see attachment
List of Attached Documents:
// Content
667,287
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 208,193,961 206,038,720 199,455,873
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
264,727 		Click to see attachment
List of Attached Documents:
// Content
294,927
23 Total liabilities (add lines 17 through 22)......... 264,727 294,927
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 207,929,234 205,743,793
29 Total net assets or fund balances (see instructions)..... 207,929,234 205,743,793
30 Total liabilities and net assets/fund balances (see instructions). 208,193,961 206,038,720
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
207,929,234
2
Enter amount from Part I, line 27a .....................
2
-2,185,441
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
205,743,793
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
205,743,793
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 59,053,597   54,454,166 4,599,431
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       4,599,431
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,599,431
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 139,692
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 139,692
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 139,692
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 175,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 205,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 65,308
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow65,308 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDE, CA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowHTTPS://WWW.HOVNANIANFOUNDATION.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (732) 922-6100

Located atright arrow4000 ROUTE 66TINTON FALLSNJ ZIP+4right arrow07753
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowAM
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EDELE HOVNANIAN PRESIDENT
22.00 		155,697 15,105 0
4000 ROUTE 66
TINTON FALLS,NJ07753
GORR SAHAKIAN VICE PRESIDENT/SECRETARY
2.00 		0 0 0
4000 ROUTE 66
TINTON FALLS,NJ07753
SIRAN SAHAKIAN TREASURER
2.00 		0 0 0
4000 ROUTE 66
TINTON FALLS,NJ07753
LEELA HOVNANIAN TRUSTEE
2.00 		0 0 0
4000 ROUTE 66
TINTON FALLS,NJ07753
TANYA HOVNANIAN BAGHDASARIAN TRUSTEE
2.00 		0 0 0
4000 ROUTE 66
TINTON FALLS,NJ07753
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
LINDA YEPOYAN EXECUTIVE DIRECTOR
40.00 		186,828 17,832 0
20 ROSEDALE ROAD
WYNNEWOOD,PA19096
EDWIN WEGENER SENIOR ACCOUNTANT
40.00 		89,400 309 0
99 BETSY ROSS ROAD
FREEHOLD,NJ07728
TRICIA WEAVER ADMIN. ASSISTANT
40.00 		79,010 4,490 0
14 CARMEN STREET
HAZLET TOWNSHIP,NJ07734
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
ARES SDL FUND INVESTMENT ADVISORY 311,298
PO BOX 309
GRAND CAYMAN   E9
CJ
MERRILL LYNCH INVESTMENT ADVISORY 290,835
1500 AMERICAN BLVD
PENNINGTON,NJ08534
TWO SEAS CAPITAL LP INVESTMENT ADVISORY 248,538
32 ELM PLACE 3RD FLOOR
RYE,NY10580
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 CONDUCT PROGRAMS, EDUCATIONAL CONFERENCES, SEMINARS AND CULTURAL EVENTS. (INCLUDING GRANTS AND AWARDS). TO COLLECTIVELY AND GLOBALLY PROMOTE ARMENIA SO THE WORLD BETTER UNDERSTANDS AND EXPERIENCES THE TRUE WONDERS OF THE COUNTRY BE IT FOR VOLUNTEERISM, TOURISM, HIKING, INVESTMENT OPPORTUNITIES, MEDIA COVERAGE, OR AS A RETIREMENT OPTION. 1,492,034
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
116,253,513
b
Average of monthly cash balances.......................
1b
63,472,325
c
Fair market value of all other assets (see instructions)................
1c
29,660,646
d
Total (add lines 1a, b, and c).........................
1d
209,386,484
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
209,386,484
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,140,797
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
206,245,687
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
10,312,284
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
10,312,284
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
139,692
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
139,692
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
10,172,592
4
Recoveries of amounts treated as qualifying distributions................
4
47,188
5
Add lines 3 and 4............................
5
10,219,780
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
10,219,780
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
12,129,539
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
12,129,539
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 10,219,780
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,320,055
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 12,129,539
a Applied to 2022, but not more than line 2a 2,320,055
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 9,809,484
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		410,296
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
EDELE HOVNANIAN
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
EDELE HOVNANIAN PRESIDENT
4000 ROUTE 66
TINTON FALLS,NJ07753
(732) 922-6100
bThe form in which applications should be submitted and information and materials they should include:
PRELIMINARY APPLICATION SHOULD BE SUBMITTED ON OFFICIAL ORGANIZATION LETTERHEAD AND MUST DESCRIBE THE PURPOSE FOR WHICH FUNDS, IF GRANTED, WILL BE USED. FINANCIAL STATEMENTS FOR THE THREE(3) MOST RECENT ACCOUNTING PERIODS AND PROOF OF ORGANIZATION'S INTERNAL REVENUE SERVICE APPROVAL OF NON-TAXABLE STATUS UNDER 501(C)(3) I.R.C. MUST BE SUBMITTED. ALSO A CERTIFICATION OF ORGANIZATION OFFICER OR PROOF THAT ORGANIZATION CONTINUES TO QUALIFY UNDER SECTION 501(C)(3) OR 170(C)(2)(B) I.R.C. MUST BE SUBMITTED. A FORMAL APPLICATION MAY BE REQUIRED.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS ARE MADE ONLY TO RECOGNIZED ORGANIZATIONS THAT ARE QUALIFIED AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR TO GOVERNMENTS EXCLUSIVELY FOR CHARITABLE PURPOSE AS DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE OF 1986 AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

180 TURNING LIVES AROUND INC

1 BETHANY ROAD
HAZLET,NJ07730 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

ACS IC OUR LADY OF ARMENIA CONVENT

6 CHARENTS STREET ANI DISTRICT
  GYUMRI3126
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

ALZHEIMERS CARE ARMENIA

561 AVENIDA DEL VERDOR
SAN CLEMENTE,CA92672 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 63,395

AMERICAN UNIVERSITY OF ARMENIA

1000 BROADWAY SUITE 280
OAKLAND,CA94607 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,186

ARALEZ CHARITABLE NGO

58 MAMIKONIANTS STREET
  YEREVAN0051
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

AREN MEHRABYAN CHARITABLE FOUNDATION

15 A MIKOYAN ST APT 7 5TH NOR NORK
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 24,303

ARMENIA SME FUND

412F ROUTE DESCH
  LUXEMBOURGL-2086
LU 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 900,883

ARMENIAN ASSOCIATION OF SOCIAL WORKERS NGO

55/5 TSARAV AGHBYUR STR APT 28
  YEREVAN0052
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 43,620

ARPA ENVIRONMENTAL FOUNDATION

1/8 YEREVANYAN HIGHWAY BUILDING 1
  YEGHEGHADZOR CITY3601
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 8,902

BIM ENGINEERING LLC

AVAN ARINJ 1ST MICRODISTRICT HOUSE
1/7 5 AVAN
  YEREVAN0060
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,998

BIRTHRIGHT ARMENIA

333 E LANCASTER AVE 330
WYNNEWOOD,PA19096 		NONE POF UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,131,000

BROWN UNIVERSITY

PO BOX 1893
PROVIDENCE,RI02912 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

CALVARY CHAPEL OLD BRIDGE - WOMEN'S CENTER

123 WHITE OAK LANE
OLD BRIDGET,NJ08857 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

CAMDEN SCHOOLS FOUNDATION

PO BOX 142
CAMDEN,NJ08101 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

CAMP HAIASTAN

PO BOX C
FRANKLIN,MA02038 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

CENTER FOR TRUTH AND JUSTICE

2100 MONTROSE AVE 715
MONTROSE,CA91020 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,000

CENTRAL PARK CONSERVANCY INC

14 EAST 60TH STREET
NEW YORK,NY10022 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

COLON CANCER COALITION FOUNDATION

5666 LINCOLN DRIVE 270
EDINA,MN55436 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

COMMUNITY SERVICES INC OF OCEAN COUNTY (MEALS ON WHEELS)

225 4TH STREET
LAKEWOOD,NJ08701 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

DEVIL'S YOUTH FOUNDATION INC

125 LAFAYETTE STREET
NEWARK,NJ07102 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 4,000

ELIZABETHTOWN-LEWIS EMERGENCY SQUAD

PO BOX 443
ELIZABETHTOWN,NY12932 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

FOLDS OF HONOR FOUNDATION

DEPARTMENT 13
TULSA,OK74182 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

FRENCH ARMENIAN HEALTH FOUNDATION

2 MELIK ADAMYAN STR
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 28,000

FRIENDLY SONS OF ST PATRICK FOUNDATION

3 WEST 51ST ST
NEW YORK,NY10019 		NONE PF UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

FRIENDS OF BOTANICAL GARDEN

1 ARCHARYAN ST
  YEREVAN0063
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,051

FULFILL (FOODBANK OF MONMOUTH AND OCEAN COUNTIES)

3300 ROUTE 66
NEPTUNE,NJ07753 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 250

GIRLS OF ARMENIA LEADERSHIP SPORTS NGO

17 CHARENTS STR
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 39,523

HACKENSACK MERIDIAN HEALTH FOUNDATION

CARRIER CLINIC 343 THORNALL STREET
7TH FLOOR
EDISON,NJ08837 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,015,000

HARBORING HEARTS HOUSING FOUNDATION INC

PO BOX 2674
NEW YORK,NY10163 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000
HAYK PETROSYAN


NOR NORK 2ND BLOCK BAGREVAND 50
HOUSE
  YEREVAN0062
AM 		NONE I UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 19,311

HEALTH FOR ARMENIA SOCIAL

31 MOSKOVYAN STR APT 52
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

HOLY MARTYRS FERRAHIAN HIGH SCHOOL

RICHARD G HOVANNISIAN SCHOLARSHIP
FUND 101 GROVERTON PLACE
LOS ANGELOS,CA90077 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

HOMES FOR ALL INC

309 HOOPER AVE
TOMS RIVER,NJ08753 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 100,000

HORIZONS NJ

PO BOX 52
RUMSON,NJ07760 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

HOVNANIAN SCHOOL INC

817 RIVER ROAD
NEW MILFORD,NJ07646 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,000,000

HUB ARTSAKH DEVELOPMENT NGO

NELSON STEPANYAN 9/25
  ARTSAKH0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 17,698

I EDUCATIONAL FUND - NGO

68 VAZGEN SARGSYAN STR LORI REGION
  TASHIR0068
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 44,356

IJEVAN MUNICIPALITY - RA TAVUSH REGION IJEVAN COMMUNITY

8 YEREVANYAN ST
  IJEVAN4001
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 211,965

IJEVAN MUNICIPALITY - VAZASHEN VILLAGE IRRIGATION

8 YEREVANYAN ST
  IJEVAN4001
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 143,367

IMPROVE OUR VILLAGE NGO

17 KOTAYK REGIONV ARGEL STR
  OGHAKAD0017
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 6,282

JEFFERSON HOSPITAL FOUNDATION

PO BOX 71331
PHILADELPHIA,PA19176 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,000

JOAN DANCY & PALS INC

1 RIVERVIEW PLAZA PO BOX 8157
RED BANK,NJ07701 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

JRTUK LLC

43 GULBENKYAN STREET APT 103
  YEREVAN0033
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 26,899

KENYA DRYLANDS EDUCATION FUND INCORPORATED

PO BOX 505
MANCHESTER,VT05254 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

KOMUNNAKHAGITS INSTITUTE LLC

10 VARDANANTS BLIND ALLEY HOUSE 8
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 13,784

LAFAYETTE COLLEGE STUDENT PAYMENTS

PO BOX 36479
NEWARK,NJ07188 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

LEVON TRAVEL YEREVAN LTD

10 SAYATNOVA
  YEREVAN0008
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 34,819

MANCHESTER TOWNSHIP HIGH SCHOOL

101 S COLONIAL DRIVE
MANCHESTER,NJ08759 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

MEDFORD YOUTH ATHLETIC ASSOCIATION

126 CHURCH ROAD
MEDFORD,NJ08625 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,000

MIKHAIL PETROVICH ROZHKOV

15 ARSHAKUNYANC AVE
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,714

MONMOUTH CONSERVATION FOUNDATION

PO BOX 4150
MIDDLETOWN,NJ07748 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

MONMOUTH COUNTY SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

1010 ROUTE 60
SKILLMAN,NJ08558 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,000

MONMOUTH MEDICAL CENTER FOUNDATION INC

300 SECOND AVENUE
LONG BRANCH,NJ07740 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

MUDGIRLS STUDIOS

10 N MISSISSIPPI AVE 2ND FL
ATLANTIC CITY,NJ08401 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

NATIONAL SOUJOURNERS INC

44 ROGER AVENUE
CRANFORD,NJ07016 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 1,500

NEW GENERATION SCHOOL - NGO

16/4 ST KOMITAS APR 4
  YEREVAN0012
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 30,000

NEW VICTORY THEATRE

229 W 42ND STREET
NEW YORK,NY10036 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

NOYEMBERYAN MUNICIPALITY - BERDAVAN VILLAGE IRRIGATION

4 YEREVANYAN ST
  NOYEMBERYAN4101
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 142,496

NOYEMBERYAN MUNICIPALITY - RA TAVUSH REGION NOYEMBERYAN COMMUNITY

4 YEREVANYAN ST
  NOYEMBERYAN4101
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 285,649

NPATAK EDUCATION FOUNDATION - NGO

1/3 BUZND STR
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 11,000

OCEAN COUNTY COLLEGE FOUNDATION

1 COLLEGE DRIVE
TOMS RIVER,NJ08757 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 177,800

OCEAN'S HARBOR HOUSE

808 CONIFER STREET
TOMS RIVER,NJ08753 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

PARENTS OF AUSTISTIC CHILDREN OF OCEAN COUNTY INC

1989 ROUTE 88
BRICK,NJ08724 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 85,000

PHILOS PROJECT INC

12 E 33RD STREET 2ND FLOOR
NEW YORK,NY10016 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 70,000

RAMAPO COLLEGE OF NEW JERSEY

FINANCIAL AID OFFICE 505 RAMAPO
VALLEY ROAD
MAHWAH,NJ07430 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

REANIMANIA NGO

22 NIKOL DUMAN STR
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 42,360

REARMENIA CHARITABLE FOUNDATION

65/5 HALABYAN STR
  YEREVAN0078
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

REPAT ARMENIA FOUNDATION

37 HANERAPETUTYAN STREET
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 307,549

REROOTED ARCHIVES

1320 E BARRINGER STREET
PHILADELPHIA,PA19119 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

RESEARCH ON ARMENIAN ARCHITECTURE

9644 SALUD AVENUE
TUJUNGA,CA91042 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 100,000

RIDER UNIVERSITY

OFFICE OF CASHIER 2083 LAWRENCEVILL
ROAD
LAWRENCEVILLE,NJ08648 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

RIVERVIEW MEDICAL CENTER FOUNDATION CO HACKENSACK MERIDIAN HEALTH INC

1340 CAMPUS PARKWAY
NEPTUNE,NJ07753 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 750,000

RONALD MCDONALD HOUSE OF CENTRAL & NORTHERN NEW JERSEY INC

131 BATH AVENUE
LONG BRANCH,NJ07740 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

ROWAN UNIVERSITY

ADMISSIONS 201 MULLICA HILL ROAD
GLASSBORO,NJ08028 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

RUMSON COUNTRY DAY SCHOOL

35 BELLEVUE AVENUE
RUMSON,NJ07760 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 210,000

RUTGERS THE STATE UNIVERSITY OF NJ

TERM BILL PROCESSING UNIT
NEW BRUNSWICK,NJ08903 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

SALVATION ARMY USA - RED BANK

180 NEWMAN SPRINGS ROAD
RED BANK,NJ07701 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION

210 N FOURTH STREET 4TH FLOOR
SAN JOSE,CA95112 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 51,546

SANDY HOOK FOUNDATION INC

84 MERCER ROAD
HIGHLANDS,NJ07732 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

SCIENTIFIC AND TECHNICAL PROGRESS OF KAPAN EDUCATION

25A R MINASYSAN STR APT 16
  SYUNIK3304
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

SETON HALL UNIVERSITY

BURSARS OFFICE 400 SOUTH ORANGE
AVENUE
SOUTH ORANGE,NJ07079 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 5,000

ST JUDE CHILDREN'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,250

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION

2361 HYLAND BOUELEVARD
NEW YORK,NY10306 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

STOCKTON UNIVERSITY

BURSARS OFFICE 101 VERA KING FARRIS
DRIVE GALLOWAY
GALLOWAY,NJ09205 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

STRONG MIND NGO

10 ZAKIAN STR
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 11,580

SUNRISE CULTURAL FOUNDATION

34 HALABYAN STR APT 37
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

SYUNIK NGO

5 MOMIK
  VAYOTS DZOR3601
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,400

THE COOPER FOUNDATION INC

101 HADDON AVENUE SUITE 302
CAMDEN,NJ08103 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,000

THE INSTITUTE OF INTERNATIONAL EDUCATION INC

809 UNITED NATIONS PLAZA
NEW YORK,NY10017 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 30,992

THE NIGHTINGALE-BAMFORD SCHOOL

20 EAST 92ND STREET
NEW YORK,NY10128 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 25,000

THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY

STUDENT ACCOUNTS HOWE CENTER
HOBOKEN,NJ07030 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

TUFENKIAN FOUNDATION

919 THIRD AVENUE STREET LEVEL
NEW YORK,NY10022 		NONE POF UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,000

TUFFS UNIVERSITY

OFFICE OF THE BURSAR 419 BOSTON AVE
MEDFORD,MA02155 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,000

TUMANYAN DEVELOPMENT FOUNDATION

1712 TUMANYAN 5TH STREET
  YEREVAN0001
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 37,913

UNION OF THEATRICAL AGENTS NGO

MASHTOTS 13
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 20,000

USCG CHIEF PETTY OFFICER ASSOCIATION

LIBERTY CHAPTER - 5520 G HEMPSTEAD
WAY
SPRINGFIELD,VA22151 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 500

VILLANOVA UNIVERSITY

800 LANCASTER AVENUE
VILLANOVA,PA19085 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,010,000

VIVA CHARITABLE NGO

23/3 KOMITAS STR APT 48
  YEREVAN0012
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 48,600

WEST CHESTER UNIVERSITY

OFFICE OF FINANCIAL AID 25
UNIVERSITY AVE
WEST CHESTER,PA19383 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 2,500

WOMEN'S RIGHTS HOUSE NGO

9 INDEPENDENCE SQUARE SHIRAK REGION
  GYUMRI0009
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 29,960

WOMEN'S SUPPORT CENTER

21/1 TUMANYAN STREET
  YEREVAN0010
AM 		NONE NC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 10,000

YELLOWSTONE FOREVER

222 EAST MAIN STREET SUITE 301
BOZEMAN,MT59715 		NONE PC UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. 390
Total .................................right arrow 3a 9,832,291
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 4,103,888  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 549,787  
6 Net rental income or (loss) from personal property          
7 Other investment income .....     41 2,167,893  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,490,648  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aREFUNDS & MISCELLANEOUS 		        48,888
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 11,312,216 48,888
13Total. Add line 12, columns (b), (d), and (e)..................
13
11,361,104
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
11A CODE SECTION 4940 - EXCISE TAX BASED ON INVESTMENT INCOME REFUND ON PRIOR YEAR TAX OVERPAYMENT.
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE H HOVNANIAN FAMILY FOUNDATION
INC
Employer identification number

59-2714390
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE H HOVNANIAN FAMILY FOUNDATION
INC 		Employer identification number
59-2714390
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
BERGE SETRAKIAN
 
191 CEDAR STREET
 
ENGLEWOOD, NJ07631

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
NOUBAR AND ANNA AFEYAN FOUNDATION
 
55 CAMBRIDGE PARKWAY 800E
 
CAMBRIDGE, MA02142

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
PETER S VOSBIKIAN
 
3140 S OCEAN BLVD APT 203N
 
PALM BEACH, FL33480

$ 30,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
SAMUEL SIMONIAN
 
5423 WILLOW WOOD LN
 
DALLAS, TX75252

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE H HOVNANIAN FAMILY FOUNDATION
INC 		Employer identification number

59-2714390
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE H HOVNANIAN FAMILY FOUNDATION
INC 		Employer identification number

59-2714390
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 19,227 9,613   9,614

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TY 2023 DepreciationSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
2 JEEPS 2008-01-11 86,833 86,833 200DB 5.000000000000 0 0    
BUILDING 2013-04-01 10,075,000 2,507,983 SL 39.000000000000 258,333 258,333    
LAND 2013-04-01 5,425,000   L   0 0    
HVAC UNIT 2013-12-01 53,525 26,762 200DB 5.000000000000 0 0    
EVERBANK IMPROVEMENTS 2013-07-01 11,518 2,790 SL 39.000000000000 295 295    
SECURITY SYSTEM 2014-09-01 6,737 3,368 200DB 5.000000000000 0 0    
CMC 2014-07-01 15,930 3,451 SL 39.000000000000 408 408    
FINANCIAL ALTERNATIVES 2014-04-01 27,620 6,199 SL 39.000000000000 708 708    
YEREVAN BUILDING/LAND 2013-01-01 2,385,960   L   0 0    
YEREVAN LAND 2015-01-01 66,739   L   0 0    
AXA EQUITABLE LIFE INSURANCE 2016-12-05 34,405 5,335 SL 39.000000000000 882 882    
CLIENT SOLUTIONS ARCHITECTS 2016-09-28 13,063 2,108 SL 39.000000000000 335 335    
EPIC HEALTH SERVICES 2016-12-05 9,375 1,450 SL 39.000000000000 240 240    
EVERBANK 2016-12-05 7,742 1,202 SL 39.000000000000 199 199    
COMMUNITY MEDICAL CENTER 2017-12-01 216,819 28,027 SL 39.000000000000 5,559 5,559    
DEPARTMENT OF LABOR 2017-03-03 45,409 6,742 SL 39.000000000000 1,164 1,164    
VITAL AXIS 2017-03-03 44,400 6,591 SL 39.000000000000 1,138 1,138    
CLIENT SOLUTIONS ARCHITECTS "CSA" RELO 2018-03-24 70,861 8,706 SL 39.000000000000 1,817 1,817    
NOVAGRADAC & COMPANY 2017-11-08 79,840 10,491 SL 39.000000000000 2,047 2,047    
HVAC 2017-07-01 48,364 11,083 ADS 12.000000000000 2,015 4,030    
ROOF 2017-08-01 16,277 2,188 ADS 40.000000000000 407 407    
EV-CONSULTING LLC 2017-12-01 6,306 797 ADS 40.000000000000 158 158    
BUILDING COST 2017-02-14 3,632,132 533,468 ADS 40.000000000000 90,803 90,803    
LAND COST 2017-02-14 964,448   L   0 0    
BV BOILER 2018-10-16 112,116   SL 15.000000000000 0 7,474    
HIKEARMENIA BUILDING 2018-01-01 16,715 2,762 ADS 30.000000000000 557 0    
HIKEARMENIA FURNITURE 2018-01-01 10,894 4,426 ADS 12.000000000000 908 0    
FINANCIAL ALTERNATIVES (1ST AMENDMENT) 2019-07-17 9,841 872 SL 39.000000000000 252 252    
BANCROFT NEUROHEALTH 2019-07-17 69,814 6,190 SL 39.000000000000 1,790 1,790    
AXA - 3RD AMENDMENT 2020-01-01 51,304 3,837 SL 39.000000000000 1,315 1,315    
ROOF 2021-12-01 7,862 219 SL 39.000000000000 202 202    
IONIZATION SYSTEM 2021-04-09 39,845 1,767 SL 39.000000000000 1,022 1,022    
AIR COMPRESSOR 2021-06-18 37,172 1,465 SL 39.000000000000 953 953    
AIR COMPRESSOR 2021-06-04 20,387 824 SL 39.000000000000 523 523    
RTU#6 REPLACEMENT 2021-06-04 49,160 1,986 SL 39.000000000000 1,261 1,261    
CARPET REPLACEMENT 2021-11-05 45,965 1,360 SL 39.000000000000 1,179 1,179    
USI - JOB C291 2021-09-27 109,057 3,524 SL 39.000000000000 2,796 2,796    
COMCAST JOB C-294 2021-11-05 53,960 1,596 SL 39.000000000000 1,384 1,384    
ROOF 2021-12-01 77,657 2,160 SL 39.000000000000 1,991 1,991    
DOORS/WINDOWS 2021-12-01 16,000 418 SL 39.000000000000 410 410    
FF&E YEREVAN 2021-12-28 61,384 1,587 SL 39.000000000000 1,574 1,574    
YEREVAN BUILDING - 23 RUSTAVELLU 2021-07-22 360,800 9,020 ADS 40.000000000000 9,020 0    
YEREVAN BUILDING - 41 TUMANIAN 2021-07-22 256,200 6,405 ADS 40.000000000000 6,405 0    
YEREVAN BUILDING - 5 VARDANANT 2021-07-22 181,800 4,545 ADS 40.000000000000 4,545 0    
YEREVAN BUILDING - 62 HANRAPETUTYAN 2021-07-22 247,000 6,175 ADS 40.000000000000 6,175 0    
EPIC - C 300 2022-04-01 34,575 628 SL 39.000000000000 887 887    
BANKERS LIFE - C303 2022-09-23 87,229 652 SL 39.000000000000 2,237 2,237    
CHS123 - C305 2022-05-20 47,150 756 SL 39.000000000000 1,209 1,209    
CHS340 - C306 2022-12-20 30,579 33 SL 39.000000000000 784 784    
NJEA - C310 2022-03-25 21,667 440 SL 39.000000000000 556 556    
EQUINOX SOLAR - C312 2022-04-22 27,014 491 SL 39.000000000000 693 693    
DEPARTMENT OF LABOR - C319 2022-10-07 17,112 91 SL 39.000000000000 439 439    
VNA - C320 2022-11-18 24,407 78 SL 39.000000000000 626 626    
FF&E YEREVAN 2022-12-21 142,367 152 SL 39.000000000000 3,650 3,650    
FF&E YEREVAN 2022-10-17 16,301 87 SL 39.000000000000 418 418    
YEREVAN BUILDING (CC RENOVATION) 2022-12-21 84,244 90 SL 39.000000000000 2,160 2,160    
HCO 2022-12-21 91,441 98 SL 39.000000000000 2,345 2,345    
HCO 2023-03-07 41,226   SL 39.000000000000 837 837    
CIVITTA 2023-12-19 1,713   SL 39.000000000000 2 2    
YEREVAN BUILDING - REPAT RENOVATION 2023-10-31 51,451   SL 39.000000000000 275 275    
FF&E - YEREVAN - CC UPGRADE 2023-12-01 14,614   SL 39.000000000000 16 16    
FF&E - YEREVAN - C. ROOM UPGRADE 2023-03-28 23,705   SL 39.000000000000 481 481    
AC#2, COMPRESSOR#2 2023-06-14 50,171   200DB 5.000000000000 42,144 5,853    
RENOVATIONS 2023-03-23 3,380   SL 39.000000000000 70 70    

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TY 2023 ExpenditureResponsibilityStmt
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
ACS IC OUR LADY OF ARMENIA CONVENT
  		6 CHARENTS STREET ANI DISTRICT
GYUMRI   3126
AM 		2021-06-04 25,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2021, 12/31/2022, 12/31/2023 2021-06-04 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
ARALEZ CHARITABLE NGO
  		58 MAMIKONIANTS STREET
YEREVAN   0051
AM 		2022-02-09 10,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 10,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2022, 12/31/2023 2022-02-09 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
AREN MEHRABYAN CHARITABLE FOUNDATION
  		15 A MIKOYAN ST APT 7 5TH NOR NORK
YEREVAN   0010
AM 		2023-11-13 24,303 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 24,303 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
ARMENIA SME FUND
  		412F ROUTE DESCH
LUXEMBOURG   L-2086
LU 		2021-03-29 900,883 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 900,883 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/21, 12/31/22, 12/31/2023 2021-03-29 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
ARMENIAN ASSOCIATION OF SOCIAL WORKERS NGO
  		55/5 TSARAV AGHBYUR STR APT 28
YEREVAN   0052
AM 		2023-11-13 43,620 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 43,620 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
ARPA ENVIRONMENTAL FOUNDATION
  		1/8 YEREVANYAN HIGHWAY BUILDING 1
YEGHEGHADZOR CITY   3601
AM 		2023-05-15 8,902 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 8,902 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-05-15 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
BIM ENGINEERING LLC
  		AVAN ARINJ 1ST MICRODISTRICT HOUSE
1/7 5 AVAN
YEREVAN   0060
AM 		2023-11-27 10,998 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 10,998 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-27 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
FRENCH ARMENIAN HEALTH FOUNDATION
  		2 MELIK ADAMYAN STR
YEREVAN   0010
AM 		2023-06-16 28,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 28,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-06-16 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
FRIENDS OF BOTANTICAL GARDENS
  		1 ARCHARYAN ST
YEREVAN   0063
AM 		2023-05-15 20,051 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 20,051 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-05-15 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
GIRLS OF ARMENIA LEADERSHIP SPORTS NGO
  		17 CHARENTS STR
YEREVAN   0010
AM 		2023-09-21 39,523 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 39,523 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-21 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
HEALTH FOR ARMENIA SOCIAL
  		31 MOSKOVYAN STR APT 52
YEREVAN   0010
AM 		2023-11-13 25,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
HUB ARTSAKH DEVELOPMENT NGO
  		NELSON STEPANYAN 9/25
ARTSAKH   0010
AM 		2022-09-20 17,698 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 17,698 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2022, 12/31/2023 2022-09-20 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
I EDUCATIONAL FUND - NGO
  		68 VAZGEN SARGSYAN STR LORI REGION
TASHIR   0068
AM 		2023-11-13 44,356 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 44,356 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
IJEVAN MUNICIPALITY - RA TAVUSH REGION IJEVAN COMMUNITY
  		8 YEREVANYAN ST
IJEVAN   4001
AM 		2023-11-23 211,965 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 211,965 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-23 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
IJEVAN MUNICIPALITY - VAZASHEN VILLAGE IRRIGATION
  		8 YEREVANYAN ST
IJEVAN   4001
AM 		2023-02-09 143,367 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 143,367 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-02-09 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
IMPROVE OUR VILLAGE NGO
  		17 KOTAYK REGIONV ARGEL STR
OGHAKAD   0017
AM 		2023-10-02 6,282 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 6,282 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-10-02 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
JRTUK LLC
  		43 GULBENKYAN STREET APT 103
YEREVAN   0033
AM 		2023-09-25 26,899 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 26,899 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-25 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
KOMUNNAKHAGITS INSTITUTE LLC
  		10 VARDANANTS BLIND ALLEY HOUSE 8
YEREVAN   0010
AM 		2023-06-01 13,784 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 13,784 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-06-01 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
LEVON TRAVEL YEREVAN LTD
  		10 SAYATNOVA
YEREVAN   0008
AM 		2023-04-11 34,819 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 34,819 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-04-11 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
MIKHAIL PETROVICH ROZHKOV
  		15 ARSHAKUNYANC AVE
YEREVAN   0010
AM 		2023-03-07 1,714 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 1,714 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-03-07 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
NEW GENERATION SCHOOL - NGO
  		16/4 ST KOMITAS APR 4
YEREVAN   0012
AM 		2023-10-16 30,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 30,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-10-16 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
NOYEMBERYAN MUNICIPALITY - BERDAVAN VILLAGE IRRIGATION
  		4 YEREVANYAN ST
NOYEMBERYAN   4101
AM 		2023-02-09 142,496 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 142,496 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-02-09 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
NOYEMBERYAN MUNICIPALITY - RA TAVUSH REGION NOYEMBERYAN COMMUNITY
  		4 YEREVANYAN ST
NOYEMBERYAN   4101
AM 		2023-09-25 285,649 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 285,649 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-25 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
NPATAK EDUCATION FOUNDATION - NGO
  		1/3 BUZND STR
YEREVAN   0010
AM 		2023-09-21 11,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 11,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-21 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
REANIMANIA NGO
  		22 NIKOL DUMAN STR
YEREVAN   0010
AM 		2023-10-13 42,360 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 42,360 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-10-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
REARMENIA CHARITABLE FOUNDATION
  		65/5 HALABYAN STR
YEREVAN   0078
AM 		2022-02-28 25,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 25,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2022, 12/31/2023 2022-02-28 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
REPAT ARMENIA FOUNDATION
  		2/2 MELIK ADAMYAN STREET 5TH FLOOR
YEREVAN   0010
AM 		2023-01-03 307,549 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 307,549 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-01-03 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
SCIENTIFIC AND TECHNICAL PROGRESS OF KAPAN EDUCATION
  		25A R MINASYSAN STR APT 16
SYUNIK   3304
AM 		2023-05-15 10,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 10,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-05-15 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
STRONG MIND NGO
  		10 ZAKIAN STR
YEREVAN   0010
AM 		2023-09-21 11,580 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 11,580 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-21 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
SUNRISE CULTURAL FOUNDATION
  		34 HALABYAN STR APT 37
YEREVAN   0010
AM 		2023-06-26 10,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 10,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-06-26 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
SYUNIK NGO
  		5 MOMIK
VAYOTS DZOR   3601
AM 		2023-09-21 20,400 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 20,400 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-09-21 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
TUMANYAN DEVELOPMENT FOUNDATION
  		1712 TUMANYAN 5TH STREET
YEREVAN   0001
AM 		2023-03-20 37,913 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 37,913 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-03-20 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
UNION OF THEATRICAL AGENTS NGO
  		MASHTOTS 13
YEREVAN   0010
AM 		2023-03-20 20,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 20,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-03-20 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
VIVA CHARITABLE NGO
  		23/3 KOMITAS STR APT 48
YEREVAN   0012
AM 		2023-11-13 48,600 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 48,600 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
WOMEN'S RIGHTS HOUSE NGO
  		9 INDEPENDENCE SQUARE SHIRAK REGION
GYUMRI   0009
AM 		2023-11-13 29,960 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 29,960 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-11-13 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
WOMEN'S SUPPORT CENTER
  		21/1 TUMANYAN STREET
YEREVAN   0010
AM 		2021-04-01 10,000 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 10,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/21, 12/31/22, 12/31/23 2021-04-01 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
HAYK PETROSYAN
  		NOR NORK 2ND BLOCK BAGREVAND 50
HOUSE
YEREVAN   0062
AM 		2023-01-03 19,311 UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION. 19,311 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 12/31/2023 2023-01-03 THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

TY 2023 InvestmentsCorpStockSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Name of Stock End of Year Book Value End of Year Fair Market Value
INVESTMENTS 131,929,887 124,957,593

TY 2023 InvestmentsLandSchedule2
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING 10,075,000 2,766,316 7,308,684  
LAND 5,425,000 0 5,425,000  
HVAC UNIT 53,525 53,525 0  
EVERBANK IMPROVEMENTS 11,518 3,085 8,433  
SECURITY SYSTEM 6,737 6,737 0  
CMC 15,930 3,859 12,071  
FINANCIAL ALTERNATIVES 27,620 6,907 20,713  
AXA EQUITABLE LIFE INSURANCE 34,405 6,217 28,188  
CLIENT SOLUTIONS ARCHITECTS 13,063 2,443 10,620  
EPIC HEALTH SERVICES 9,375 1,690 7,685  
EVERBANK 7,742 1,401 6,341  
COMMUNITY MEDICAL CENTER 216,819 33,586 183,233  
DEPARTMENT OF LABOR 45,409 7,906 37,503  
VITAL AXIS 44,400 7,729 36,671  
CLIENT SOLUTIONS ARCHITECTS "CSA" RELO 70,861 10,523 60,338  
NOVAGRADAC & COMPANY 79,840 12,538 67,302  
HVAC 48,364 37,280 11,084  
ROOF 16,277 2,595 13,682  
EV-CONSULTING LLC 6,306 955 5,351  
BUILDING COST 3,632,132 624,271 3,007,861  
LAND COST 964,448 0 964,448  
BV BOILER 112,116 112,116 0  
FINANCIAL ALTERNATIVES (1ST AMENDMENT) 9,841 1,124 8,717  
BANCROFT NEUROHEALTH 69,814 7,980 61,834  
AXA - 3RD AMENDMENT 51,304 5,152 46,152  
ROOF 7,862 421 7,441  
IONIZATION SYSTEM 39,845 2,789 37,056  
AIR COMPRESSOR 37,172 2,418 34,754  
AIR COMPRESSOR 20,387 1,347 19,040  
RTU#6 REPLACEMENT 49,160 3,247 45,913  
CARPET REPLACEMENT 45,965 2,539 43,426  
USI - JOB C291 109,057 6,320 102,737  
COMCAST JOB C-294 53,960 2,980 50,980  
ROOF 77,657 4,151 73,506  
DOORS/WINDOWS 16,000 828 15,172  
FF&E YEREVAN 61,384 3,161 58,223  
EPIC - C 300 34,575 1,515 33,060  
BANKERS LIFE - C303 87,229 2,889 84,340  
CHS123 - C305 47,150 1,965 45,185  
CHS340 - C306 30,579 817 29,762  
NJEA - C310 21,667 996 20,671  
EQUINOX SOLAR - C312 27,014 1,184 25,830  
DEPARTMENT OF LABOR - C319 17,112 530 16,582  
VNA - C320 24,407 704 23,703  
FF&E YEREVAN 142,367 3,802 138,565  
FF&E YEREVAN 16,301 505 15,796  
YEREVAN BUILDING (CC RENOVATION) 84,244 2,250 81,994  
HCO 91,441 2,443 88,998  
HCO 41,226 837 40,389  
CIVITTA 1,713 2 1,711  
YEREVAN BUILDING - REPAT RENOVATION 51,451 275 51,176  
FF&E - YEREVAN - CC UPGRADE 14,614 16 14,598  
FF&E - YEREVAN - C. ROOM UPGRADE 23,705 481 23,224  
AC#2, COMPRESSOR#2 50,171 42,144 8,027  
RENOVATIONS 3,380 70 3,310  

TY 2023 InvestmentsOtherSchedule2
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GECKO ROBOTICS AT COST 44,992 44,992
DISCOTECH AT COST 50,000 50,000
VINETI INC AT COST 50,000 50,000
SURPRISE HR AT COST 100,000 100,000
SERVICE TITAN AT COST 107,693 497,140
CODEFIGHTS AT COST 142,943 142,943
KRISP TECHNOLOGIES AT COST 150,000 150,000
QUATIVA, INC. AT COST 400,000 400,000

TY 2023 LandEtcSchedule2
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
2 JEEPS 86,833 86,833 0  
YEREVAN BUILDING/LAND 2,385,960 0 2,385,960  
YEREVAN LAND 66,739 0 66,739  
HIKEARMENIA BUILDING 16,715 3,319 13,396  
HIKEARMENIA FURNITURE 10,894 5,334 5,560  
YEREVAN BUILDING - 23 RUSTAVELLU 360,800 18,040 342,760  
YEREVAN BUILDING - 41 TUMANIAN 256,200 12,810 243,390  
YEREVAN BUILDING - 5 VARDANANT 181,800 9,090 172,710  
YEREVAN BUILDING - 62 HANRAPETUTYAN 247,000 12,350 234,650  


TY 2023 LegalFeesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 17,375 0   17,375


TY 2023 OtherAssetsSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PREPAID VAT TAX 9,331 0 0
LAND & SITE IMPROVEMENTS 17,779 665,685 665,685
OTHER RECEIVABLE   1,602 1,602


TY 2023 OtherExpensesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING 6,804 0   6,804
ANNUAL REPORT 323 0   323
ARMENIA OPERATING & OVERHEAD COSTS 1,492,034 0   1,492,034
DUES & SUBS 1,646 0   1,646
MISCELLANEOUS 243 0   243
OFFICE EXPENSE 6,367 0   6,367
PAYROLL CHARGES 1,175 0   1,175
SHARED OVERHEAD 82,188 0   82,188
STATE REPRESENTATION 784 0   784
WORKERS COMP 732 0   732


TY 2023 OtherIncomeSchedule2
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
EXCHANGE RATE - GAIN 3,060 3,060 3,060
INVESTMENT INCOME 2,164,833 2,164,833 2,164,833
REFUNDS & MISCELLANEOUS 48,888   48,888


TY 2023 OtherLiabilitiesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Description Beginning of Year - Book Value End of Year - Book Value
TENANT SECURITY DEPOSITS 123,634 141,024
DUE TO AFFILIATE 141,093 153,903


TY 2023 OtherProfessionalFeesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROKER AND INVESTMENT ADVISORY FEES 1,293,154 1,293,154   0


TY 2023 SubstantialContributorsSch
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Name Address
HIRAIR HOVNANIAN DEC 040821 4000 ROUTE 66
TINTON FALLS,NJ07753


TY 2023 TaxesSchedule
Name:
THE H HOVNANIAN FAMILY FOUNDATION
 
INC
EIN:
59-2714390
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 240,014 240,014   0