Aam Foundation

Foundation · Grantmaker Novato, CA EIN: 94-3352261

International, Foreign Affairs & National Security

Aam Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Novato, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $344.4M in total assets. In 2024, it awarded 4 grants totaling $11.5M. Net investment income was $8.9M.

Key facts about Aam Foundation

EIN: 94-3352261
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $11,523,000
Grants made (2024): 4
Average grant: $2,880,750
Median grant: $510,500
Total assets: $344,416,159
Primary geography: California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Aam Foundation funds

By grant dollars, the top recipient states for Aam Foundation's 4 itemized 2024 grants were California (100%). The most frequent recipient cities were San Francisco, CA (2 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How Aam Foundation gives

Giving grew 110% from 2021 to 2024. Method
In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Aam Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$344.4M

+516.3% YoY

Annual Giving

$11.5M

+26.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2.9M

+26.3% YoY

Under IRS private-foundation payout rules, Aam Foundation reported a distributable amount of $10.5M for 2024 — the minimum it must pay out in qualifying distributions.

About Aam Foundation

Based on IRS filings

Focus Areas

International, Foreign Affairs & National Security

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $11.5M (100%)

Share of all 4 itemized 2024 grant dollars.

States

California

Cities

NovatoTomalesSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$344,416,159	$55,886,268	$39,351,473
Revenue	$300,813,850	$25,791,872	$10,413,991
Expenses	$12,283,959	$9,257,077	$6,812,383
Qualifying Distributions	$11,650,188	$9,236,611	$6,774,085
Net Investment Income	$8,895,293	$753,080	$184,897
Distributable Amount	$10,510,589	$2,350,695	$1,825,685

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Aam Foundation - Freedom Employability Academy ($10,500,000), Blue Mountain Center of Meditation ($1,018,000), Litle Brothers - Friends of the Elderly ($3,000).

Recipient	Purpose	Amount
AAM FOUNDATION - FREEDOM EMPLOYABILITY ACADEMY Novato, CA	EDUCATION	$10,500,000
BLUE MOUNTAIN CENTER OF MEDITATION Tomales, CA	SPIRITUALITY	$1,018,000
LITLE BROTHERS - FRIENDS OF THE ELDERLY San Francisco, CA	ELDERCARE	$3,000
PARTNERSHIPS FOR CHANGE San Francisco, CA	ELDERCARE	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Deepak Chopra	President and CEO	0.5	—
Deepmala Chopra	Treasurer, CFO and Secretary	0.5	—

Subject Areas

Focus areas based on grantmaking activity

International, Foreign Affairs & National Security

Frequently Asked Questions

What is Aam Foundation?

Aam Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in Novato, CA. It holds $344.4M in total assets as of 2024.

How large is Aam Foundation?

As of 2024, Aam Foundation holds $344.4M in total assets with $300.8M in annual revenue. It awarded 4 grants totaling $11.5M in 2024.

Where does Aam Foundation operate?

Aam Foundation has awarded grants in California.

What size grants does Aam Foundation award?

In 2024, Aam Foundation awarded 4 grants totaling $11.5M — an average of about $2.9M per grant, based on its IRS Form 990 filings.

How much is Aam Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aam Foundation reported a distributable amount of $10.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.