Ak Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 3 grants totaling $46K. Net investment income was $119K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+67.4% YoY
Annual Giving
$46K
Grant Count
3
Avg Grant Size
$15K
About Ak Foundation Inc
Based on IRS filings
Ak Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 3 grants totaling $46K. Net investment income was $119K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,661,983 | $993,114 | $838,535 |
| Revenue | $124,627 | $156,135 | $346,545 |
| Expenses | $51,564 | $233,512 | $67,133 |
| Qualifying Distributions | $45,995 | $8,466 | $69,275 |
| Net Investment Income | $119,375 | $78,805 | $45,064 |
| Distributable Amount | $62,886 | $44,009 | $44,086 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 1 | — |
| KAVITHA PALANI | PRESIDENT/DI | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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