Armenian General Benevolent Union
Armenian General Benevolent Union
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About this organization
Mission
The Armenian General Benevolent Union (AGBU) is the largest non-profit Armenian in the world. Established in 1906 to preserve and promote the Armenian identity and heritage, AGBU reaches 500,000 people annually through educational, cultural and humanitarian programs. Headquartered in New York City with a budget of $47 million, AGBU supports and operates 24 primary, secondary and Saturday schools, and 144 chapters, Young Professionals groups, centers and offices in 30 countries throughout the world.
About
Educational programs include the allocation of subsidies to 13 day schools of the organization that provide an Armenian curriculum, in addition to implementing the local country's educational programs, to approximately 3,300 kindergarten, elementary, and high school students. The organization also grants college scholarships to approximately 400 qualified students in nearly 40 countries; and allocations and subsidies globally to various Armenian and non-Armenian universities, summer day camps, and after-school children's centers in Armenia. Assistance is also offered to various other Armenian schools and educational programs throughout the world.
Interesting data from their 2019 990 filing
The filing documents outline the non-profit's mission as “To promote the educational, cultural, physical, spiritual and moral development of individuals of armenian ancestry worldwide. to aid needy armenians everywhere and promote their general welfare. also to promote works and publications and establish kindergartens, elementary schools, high schools and colleges. to assist humanitarian relief endeavors which are consistent with these purposes.”.
When detailing its duties, they were outlined as: “To preserve and promote the armenian identity and heritage through educational, cultural, and humanitarian programs throughout the armenian diaspora worldwide and in the republic of armenia after its independence in 1991.”.
- The non-profit's reported state of operation is NY as per legal requirements.
- The filing reveals that the address of the non-profit in 2019 is 55 EAST 59TH STREET, NEW YORK, NY, 10022.
- The non-profit's form for the year 2019 reports a total of 96 employees on their payroll.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $5,541,633.
- The organization has 21 independent voting members.
- The organization was formed in 1959.
- The organization pays $4,173,755 in salary, compensation, and benefits to its employees.
- The organization pays $552,861 in fundraising expenses.
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