Akhoury Foundation Inc
Akhoury Foundation Inc is a private foundation based in Longboat Key, Florida. It makes grants to charitable organizations; its 2024 filing states that it contributes only to preselected organizations.
Akhoury Foundation Inc at a glance
In short: Akhoury Foundation Inc gave $327K across 55 grants in 2024 (avg $6K), top state Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $326,810
- +5.2% vs 2023
- Grants made (2024)
- 55
- +7.8% vs 2023
- Average grant
- $5,942
- -2.5% vs 2023
- Median grant
- $4,200
- Total assets
- $426,124
- +27.1% vs 2023
- Primary geography
- Florida (38% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Akhoury Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2251 Gulf Of Mexico Drive Suite 304, Longboat Key, FL 34228
Phone: (973) 377-2315
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Akhoury Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Prantham USA ($35K). Together the top 10 received $199K.
Grant Size Distribution
196 grants across all recorded years
The most common grant size was under $50K: 195 grants of 196 (99%).
Geographic Focus
Where this funder awards grants
In 2024, Florida accounted for 38% of grant dollars, New Jersey 18%, New York 14%, Texas 11%, and Washington, DC 8%. Grants also went to organizations in other states, including Georgia.
Grant Distribution by State
Share of 2024 grant dollars across all 55 itemized grants.
States
Cities
How Akhoury Foundation Inc gives
- 35% of 2024 grantees were also funded in 2023. Method
- Giving grew 158% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $14K (2020) to $327K (2024). In 2024 it made 55 grants totaling $327K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Prantham USA Houston, TX | Charitable Request | $35,000 |
| Sarasota Art Museum Sarasota, FL | Charitable Request | $30,000 |
| St Michaels Church Wauchula, FL | Charitable Request | $28,000 |
| Childrens First Sarasota, FL | Charitable Request | $22,500 |
| City Kids Wilderness Project Washington, DC | Charitable Request | $20,000 |
| Rubin Museum of Art New York, NY | Charitable Request | $15,000 |
| Habitat for Humanity Americus, GA | Charitable Request | $13,000 |
| St Mary Star of the Sea Longboat Key, FL | Charitable Request | $12,080 |
| Halos for Angels Florham Park, NJ | Charitable Request | $12,000 |
| All Faiths Food Bank Sarasota, FL | Charitable Request | $11,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $426,124 | $422,485 | $331,727 | $326,810 | 55 | $326,810 | $22,268 | $17,894 |
| 2023 | $335,366 | $9,550 | $311,036 | $310,730 | 51 | $310,730 | $9,244 | $22,014 |
| 2022 | $636,852 | $450,560 | $114,970 | $111,970 | 32 | $113,345 | — | $14,110 |
| 2021 | $301,262 | $17,352 | $131,650 | $126,850 | 45 | $128,100 | $13,602 | $20,904 |
| 2020 | $415,560 | $327,649 | $16,381 | $14,170 | 13 | — | $163,882 | — |
Under IRS private-foundation payout rules, Akhoury Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as the arts, food assistance, health care, housing, and youth services.
The grantees describe their own work in varied terms. All Faiths Food Bank says it works with partners to provide healthy solutions to end hunger in its community. Sarasota Memorial Healthcare Foundation describes itself as the philanthropic partner helping Sarasota Memorial Health Care System bring care to the community. Student Partner Alliance says it supports New Jersey high school students with tuition assistance and mentoring. All Stars Project says it uses performance to support youth from poor and underserved communities.
Grantmaking
In filing year 2024, the foundation reported 55 grants totaling $326,810. Grants ranged from $150 to $35,000, with a median of $4,200. Larger reported grants included $35,000 to PRANTHAM USA, $30,000 to Sarasota Art Museum, $28,000 to St Michaels Church in Wauchula, and $22,500 to Childrens First in Sarasota. Other notable grants included $20,000 to City Kids Wilderness Project, $15,000 to Rubin Museum of Art, and $13,000 to Habitat for Humanity in Americus, Georgia.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ravi Akhoury, Virginia Akhoury, and Priya Joy Akhoury as trustees.
Akhoury Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Priya Joy Akhoury
Trustee
On filings since 2020
No compensation reported
Ravi Akhoury
Trustee
On filings since 2020
No compensation reported
Virginia Akhoury
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Akhoury Foundation Inc
How much does Akhoury Foundation Inc give each year?
Akhoury Foundation Inc gave $327K across 55 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $311K across 51 grants.
What is Akhoury Foundation Inc's typical grant size?
Akhoury Foundation Inc's median grant in 2024 was $4,200, and its average grant was $5,942, across 55 grants on its 2024 IRS Form 990-PF.
Where does Akhoury Foundation Inc give grants?
Akhoury Foundation Inc's top state is Florida, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (18%) and New York (14%). The most frequent recipient cities were Florham Park, NJ (8 grants), Sarasota, FL (7 grants), New York, NY (3 grants) and Longboat Key, FL (3 grants).
Does Akhoury Foundation Inc give general operating support?
Not in 2024: none of the 55 grants with a stated purpose on Akhoury Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Request" (55 grants).
Who are Akhoury Foundation Inc's largest grantees?
Akhoury Foundation Inc's largest 2024 grantees include Prantham USA ($35,000), Sarasota Art Museum ($30,000) and St Michaels Church ($28,000), according to its 2024 IRS Form 990-PF. Together they received 28% of its itemized 2024 grant dollars.
How large is Akhoury Foundation Inc?
Akhoury Foundation Inc reported $426K in total assets on its 2024 IRS Form 990-PF. It paid out $327K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
What does Akhoury Foundation Inc fund?
No mission statement for the foundation is provided. Its grants include support for organizations working in areas such as the arts, food assistance, health care, housing, and youth services. See mission & focus areas ↑
How do I apply for a grant from Akhoury Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Akhoury Foundation Inc's EIN?
Akhoury Foundation Inc's EIN (Employer Identification Number) is 22-3417520. IRS Form 990 filing data is available on this page for 2020–2024.
Does Akhoury Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Akhoury Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/akhoury-foundation-inc-morg_26819eecb98241c1ba6053fabd45903e
BibTeX
@misc{grantable_223417520_2026,
author = {{Grantable}},
title = {{Akhoury Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/akhoury-foundation-inc-morg_26819eecb98241c1ba6053fabd45903e},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Akhoury Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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