Ackerman Foundation Inc is a private grantmaking foundation based in Denver, Colorado. Established in 1996 and granted charitable status in July 1997, the foundation operates as a 501(c)(3) organization focused on philanthropic giving across multiple states and cities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
+7.6% YoY
Annual Giving
$450K
+20.0% YoY
Grant Count
22
+29.4% YoY
Avg Grant Size
$20K
-7.3% YoY
Mission & Focus Areas
The foundation's primary mission is to provide grants to improve the quality of K-12 educational curriculum and systems. The foundation also supports organizations in health and human services, community development, and education. Additionally, the foundation aims to increase cash balances through interest earned to fund scholarships for Colorado residents.
Grantmaking
The foundation accepts applications on a continuous basis with no confirmed application deadline. Interested organizations are encouraged to approach the foundation directly for more information.
Grant Range
reported at $90, though individual grants vary significantly
Average Grant
reported at $90, though individual grants vary significantly
Review Cycle
. Interested organizations are encouraged to approach the foundation directly for more information.
How to Apply
**
Ready to take the next step with Ackerman Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation funds initiatives across multiple U.S. states and cities, including:
- Denver, Los Angeles, New York, and San Francisco
- States with funding activity include California, Colorado, Florida, Illinois, Indiana, Kansas, Maryland, New York, Texas, and Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,874,538
- Annual Revenue: $1,174,755
- Annual Expenses: $531,842
- Total Liabilities: $0
Historical Context: The foundation has maintained consistent financial growth, with assets increasing 2.6% from the previous year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,874,538 | $8,245,430 | $7,424,581 |
| Revenue | $1,174,755 | $1,235,221 | $1,272,303 |
| Expenses | $531,842 | $414,372 | $297,914 |
| Qualifying Distributions | $452,350 | $377,110 | $267,275 |
| Net Investment Income | $190,288 | $252,670 | $272,462 |
| Distributable Amount | $598,457 | $480,049 | $429,360 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Michael A. Ackerman – President and Director (serves without compensation)
- Steven J. Ackerman – Director (serves without compensation)
- Cherilyn Lawrence – Director (serves without compensation)
- Don E. Ackerman – Major donor
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL A ACKERMAN | PRESIDENT & DIRECTOR | 1 | — |
| STEVEN J ACKERMAN | DIRECTOR | — | — |
| CHERILYN LAWRENCE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Larimer County Farm Bureau
WELLINGTON, CO
Assets
$986K
Grants
1
Total Given
$16K
German American Chamber of Commerce -
DENVER, CO
Assets
$2.8M
Grants
2
Total Given
$63K
Terra Foundation Inc
NIWOT, CO
Assets
$2.2M
Grants
3
Total Given
$82K
Prosperity Denver Fund
DENVER, CO
Assets
$46.8M
Grants
44
Total Given
$18.6M
Fie Family Foundation
BOW MAR, CO
Assets
$1.0M
Grants
12
Total Given
$91K
Truthfc
BROOMFIELD, CO
Assets
$53K
Grants
5
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Ackerman Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities