Akerson Family Foundation

HUNTINGTON BEACH, CA EIN: 85-0427304

The Akerson Family Foundation is a private grantmaking foundation designated as a 501(c)(3) organization. The foundation operates as a family foundation with operations in multiple locations, including Huntington Beach, California and Charlotte, North Carolina.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.7M

+20.3% YoY

Annual Giving

$496K

+4.0% YoY

Grant Count

25

+0.0% YoY

Avg Grant Size

$20K

+4.0% YoY

Under IRS private-foundation payout rules, Akerson Family Foundation reported a distributable amount of $576K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes grants across various focus areas. Recent grantmaking activity includes:

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Geographic Focus

Where this funder awards grants

The foundation has a multi-state presence, with documented grantmaking activity in:

  • North Carolina
  • California
  • New Mexico

Grant Distribution by State

4states

Cities

AlbuquerqueDallasHuntington BeachLos LunasPortlandRio RanchoSalinas

Financial History

Multi-year comparison from IRS filings

Akerson Family Foundation (Huntington Beach, CA)

  • Total Assets: $10.5 million (2023)
  • Total Liabilities: $0 (2023)
  • Total Revenue: $383,000 (2023)
  • Total Expenses: $479,000 (2023)

Akerson Family Foundation - Agy (Charlotte, NC)

  • Total Assets: $11,825,573 (2024)
  • Total Revenue: $3,677,071 (2024)
  • Total Expenses: $709,328 (2024)
  • Investment Income and Dividends: $350,119 (2024)
  • Total Grants, Contributions: $2,013,436 (2024)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$142K$283K$425K$566K20202021202220232024
Metric202420232022
Total Assets$12,671,779$10,534,380$8,289,664
Revenue$345,465$382,755$127,213
Expenses$497,625$478,625$514,618
Qualifying Distributions$496,000$477,000$513,000
Net Investment Income$345,465$382,755$127,213
Distributable Amount$575,900$481,269$467,287

Giving Over Time

Total grant dollars and number of grants per year

$0$128K$257K$385K$513K29 grants202025 grants202124 grants202225 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOPE WORKS$36KAMERICAN HEART STROKE AS…$33KMEALS ON WHEELS$32KST FELIX PANTRY$30KHEALTHCARE FOR THE HOMEL…$30KJOY JUNCTION$30KCAMP ENCHANTMENT$30KNORBERTINE COMMUNITY$25KALZHEIMER'S ASSOCIATION$23KOUTCOMES INC$23K

Grant Size Distribution

128 grants across all recorded years

128<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hope Works ($36,000), American Heart Stroke Assoc ($33,000), Meals on Wheels ($32,000).

RecipientPurposeAmount
ALZHEIMER'S ASSOCIATION ALBUQUERQUE, NMSUPPORT$23,000
HOPE WORKS ALBUQUERQUE, NMSUPPORT$36,000
AMERICAN HEART STROKE ASSOC DALLAS, TXSUPPORT$33,000
ST FELIX PANTRY RIO RANCHO, NMSUPPORT$30,000
OUTCOMES INC ALBUQUERQUE, NMSUPPORT$23,000
BARRETT FOUNDATION ALBUQUERQUE, NMSUPPORT$18,000
CASA ANGELICA ALBUQUERQUE, NMSUPPORT$21,000
CENTRO SAVILA ALBUQUERQUE, NMSUPPORT$17,000
CROSS ROADS FOR WOMEN ALBUQUERQUE, NMSUPPORT$14,000
EL RANCHITO DE LOS NINOS LOS LUNAS, NMSUPPORT$14,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Gretchen Akerson - Vice President and Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID A AKERSONPRESIDENT
MICHAEL T AKERSONDIRECTOR
LORETTA D AKERSONSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from Akerson Family Foundation?

The foundation makes grants across various focus areas. Recent grantmaking activity includes: • **Capital Area Food Bank** (Charlotte, NC): $150,000 grant for general operating and building initiatives (2024) • **Storehouse New Mexico** (Albuquerque, NM): $23,000 grant for support (2024) The foundation made 31 grants in its most recent reporting year.

Where does Akerson Family Foundation make grants?

The foundation has a multi-state presence, with documented grantmaking activity in: • North Carolina • California • New Mexico

What size grants does Akerson Family Foundation award?

In 2024, Akerson Family Foundation awarded 25 grants totaling $496K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Akerson Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Akerson Family Foundation reported a distributable amount of $576K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Akerson Family Foundation's EIN?

Akerson Family Foundation's EIN (Employer Identification Number) is 85-0427304. IRS Form 990 filing data is available on this page for 2020–2024.

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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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