Our grantmaking philosophy is based on ancient philosophers’ mindsets.

“To give away money is an easy matter and in any man’s power. But to decide to whom to give it and how large and when, and for what purpose and how, is neither in every man’s power nor an easy matter.”

– Aristotle

Our History

In 1921, the Howard Karagheusian Commemorative Corporation (HKCC) was established in New York City with the purpose of providing shelter, sustenance, education, and health care to children orphaned by the Armenian Genocide of 1915.


Karagheusian Foundation Steps Up to Aid Artsakh Refugees

New York, NY —  The Karagheusian Foundation Board  of Directors has unanimously committed an initial allocation of  $1 million to the Howard Karagheusian Medical Benevolent Public Organization ( HKMBPO)  for emergency relief, announced Harry S. Cherken, Jr., Chair.

The foundation mourns the loss of H. Irma Der Stepanian

With great sorrow, we inform you of the passing of the member of the Foundation’s Board of Directors Heghine Helen Irma Der Stepanian.

The foundation mourns the loss of the President of the Board of Directors Zaven Tachdjian

Zaven Tachdjian, 74, passed away unexpectedly on Friday, May 27, 2022, after a brief hospital stay.