Akerson Family Foundation- Agy is a private family foundation based in Charlotte, North Carolina. Established in 2000, the foundation operates as a 501(c)(3) organization with a focus on philanthropic grantmaking to support various charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.8M
+15.7% YoY
Annual Giving
$512K
+23.4% YoY
Grant Count
50
+61.3% YoY
Avg Grant Size
$10K
-23.5% YoY
Under IRS private-foundation payout rules, Akerson Family Foundation- Agy reported a distributable amount of $592K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds scholarships and general operating/build initiatives. Its grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 31 grants in 2024, with total giving of $512,043. Recent grants include:
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on:
- Virginia
- Pennsylvania
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $11,825,573
- Total Revenues: $3,677,071
- Total Expenses: $709,328
- Total Giving: $512,043
Revenue Breakdown (2024):
- Grants and Contributions: $2,013,436
- Investment Income and Dividends: $350,119
- Net Gain from Sale of Non-Inventory Assets: $1,313,497
- Miscellaneous Revenues: $19
Year-over-Year Changes (2024 vs. 2023):
- Total Grants and Contributions increased 33%
- Investment Income increased 33%
- Net Gains from Asset Sales increased 57.3%
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,825,573 | $10,224,459 | $9,000,059 |
| Revenue | $3,677,071 | $2,611,981 | $994,527 |
| Expenses | $709,328 | $545,933 | $563,271 |
| Qualifying Distributions | $640,666 | $525,268 | $506,032 |
| Net Investment Income | $1,617,875 | $1,076,660 | $248,541 |
| Distributable Amount | $591,655 | $463,196 | $420,854 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Capital Area Food Bank ($150,000), Naomi Bezabeh Co ($15,000), Makayla Buster Co ($11,244).
| Recipient | Purpose | Amount |
|---|---|---|
| ALAYIT BERHANU CO BLACKSBURG, VA | SCHOLARSHIP | $9,280 |
| ALESSANDRO LOPEZ CHACON CO COLLEGE PARK, MD | SCHOLARSHIP | $5,112 |
| ALISHABA HAYAT CO CHARLOTTESVILLE, VA | SCHOLARSHIP | $1,430 |
| ALISON AVELAR CO PHILADELPHIA, PA | SCHOLARSHIP | $10,000 |
| AMARILDO MEMISHA CO PHILADELPHIA, PA | SCHOLARSHIP | $8,821 |
| ANILA ZIAI CO PHILADELPHIA, PA | SCHOLARSHIP | $4,368 |
| ARISBET REYES-CABALLERO CO PHILADELPHIA, PA | SCHOLARSHIP | $770 |
| ASMA ADIBA CO BLACKSBURG, VA | SCHOLARSHIP | $9,800 |
| AZRA PEHLIVAN CO BLACKSBURG, VA | SCHOLARSHIP | $10,000 |
| BASSEM SLITI CO ARLINGTON, VA | SCHOLARSHIP | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Gretchen Akerson — Vice President and Director (Compensation: $67,000 as of May 2025)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL F AKERSON | CHAIRMAN | 1 | — |
| ELIZABETH C AKERSON | DIR/TREAS | 1 | $30,000 |
| GRETCHEN E AKERSON | VP/EXEC DIR | 8 | $67,000 |
| KEITH D AKERSON | DIR/SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Akerson Family Foundation- Agy fund?
The foundation primarily funds scholarships and general operating/build initiatives. Its grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Akerson Family Foundation- Agy?
**Grant Activity:** The foundation made 31 grants in 2024, with total giving of $512,043. Recent grants include: • Capital Area Food Bank: $150,000 (General Operating/Build, December 2024) **Grant Sizes:** Typical awards range from $171,000 to $250,000. **Staffing:** The foundation operates with a single employee.
Where does Akerson Family Foundation- Agy make grants?
The foundation's grantmaking focuses primarily on: • Virginia • Pennsylvania • District of Columbia
What size grants does Akerson Family Foundation- Agy award?
In 2024, Akerson Family Foundation- Agy awarded 50 grants totaling $512K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Akerson Family Foundation- Agy required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Akerson Family Foundation- Agy reported a distributable amount of $592K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Akerson Family Foundation- Agy's EIN?
Akerson Family Foundation- Agy's EIN (Employer Identification Number) is 54-1991343. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Akerson Family Foundation- Agy's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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