2023 Annual Report
FUND FOR ARMENIAN RELIEF
Financials
The financial statements of the Fund for Armenian Relief, Inc. for the year ending December 31, 2023, have been audited by the accounting firm of WithumSmith+Brown. The independent auditors issued an “unmodified opinion” that FAR statements conform to accounting principles generally accepted in the United States of America and that “the financial statement...present fairly, in all material respects, the financial position of the Fund for Armenian Relief, Inc.” as of the given date. The audit report is available upon request.
The numbers are derived from the 2023 FAR audit report.
The financial statements of the Fund for Armenian Relief, Inc. for the year ending December 31, 2023, have been audited by the accounting firm of WithumSmith+Brown. The independent auditors issued an “unmodified opinion” that FAR statements conform to accounting principles generally accepted in the United States of America and that “the financial statement...present fairly, in all material respects, the financial position of the Fund for Armenian Relief, Inc.” as of the given date. The audit report is available upon request.
The numbers are derived from the 2023 FAR audit report.
$28,426,086
Total Assets
$5,641,462
Pooled investments held by ACEF
$2,075,311
Beneficial Interest in funds held by others
$1,684,033
Property and equipment, net
$268,908
Inventory of supplies and donated goods
$62,527
Prepaid expenses
$6,456,000
Contributions and pledges receivable
$8,122,963
Investments
$4,059,122
Cash and cash equivalents
Asset Base
ANNUAL REPORT 2023
$1,625,086
Children
$594,984
Seniors
$872,766
Health and Emergency need
$603,084
Educational
$1,617,672
Development and Next Generation
Program Services
Financial Highlights
ANNUAL REPORT 2023
$564,040
Grants and Contracts
$5,052
Other Income
$64,846
In-Kind Donations
$7,328,027
Contributions