ARMENIAN CHURCH ENDOWMENT FUND INC
630 SECOND AVENUE, NEW YORK, NY 10016 acefinvest.org

Total Revenue
$3,159,593
Total Expenses
$3,455,622
Net Assets
$75,831,288

Organizations Filed Purposes: THE ARMENIAN CHURCH ENDOWMENT FUND (ACEF) IS AN INDEPENDENT NONPROFIT ENTITY WHOSE MISSION IS TO PROVIDE PROFESSIONAL, HIGHLY DISCIPLINED, TIGHTLY CONTROLLED AND COST EFFECTIVE ASSET MANAGEMENT SERVICES TO VARIOUS CONSITUENT PARTS OF THE ARMENIAN APOSTOLIC CHURCH, INCLUDING THE DIOCESE OF THE ARMENIAN CHURCH OF AMERICA (EASTERN), THE INDIVIDUAL PARISHES, MISSION PARISHES AND RELATED ENTITIES OF THE DIOCESE, AS WELL AS TO ST. NERSESS ARMENIAN SEMINARY AND THE MOTHER SEE OF HOLY ETCHMIADZIN. THE INVESTMENT OBJECTIVE OF ACEF IS TO EARN SUFFICIENT RETURNS THROUGH TIME TO SUPPORT STABLE AND GROWING INCOME DISTRIBUTIONS FROM EACH INDIVIDUAL ENDOWMENT FUND TO THE DESIGNATED BENEFICIARY OF EACH FUND, WHILE PRESERVING AND ENHANCING THE PRINCIPAL BALANCE OF EACH SUCH ENDOWMENT FUND. ACEF SEEKS TO ACCOMPLISH THIS OBJECTIVE BY AGGREGATING THE INDIVIDUAL ENDOWMENT FUNDS AND INVESTING THEM COLLECTIVELY IN A BROADLY DIVERSIFIED PORTFOLIO MANAGED BY INSTITUTIONAL QUALITY IN INVESTMENT MANAGERS.

Armenian Church Endowment Fund's ("ACEF") mission is to provide professional asset management services to the parishes and related entities of the Diocese of the Armenian Church.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Aline KhatchadourianDirector1$0
Gregory AmerkanianDirector1$0
Eric BaroyanDirector1$0
Melanie DadourianDIRECTOR1$0
Rebecca Shaghalian LarDIRECTOR1$0
James KalustianDIRECTOR1$0
Thomas GarabedianVice Chairman1$0
Robert E CannuscioSecretary1$0
Gregory BedrosianDIRECTOR1$0
Michael DukmejianTREASURER1$0
Charles A DermirjianCHAIRMAN1$0
Rev Fr Daniel FindikPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043179349304699_public.xml