Akhoury Foundation Inc

Foundation · Grantmaker LONGBOAT KEY, FL EIN: 22-3417520

Akhoury Foundation Inc is a private philanthropic foundation based in Longboat Key, Florida. The foundation operates as a grantmaking organization with limited staffing, managed entirely by unpaid trustees.

Key facts about Akhoury Foundation Inc

EIN: 22-3417520
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $326,810
Grants made (2024): 55
Average grant: $5,942
Median grant: $4,200
Total assets: $426,124
Primary geography: Florida (38% of itemized 2024 grant dollars)
Accepts unsolicited proposals: No
How to apply: The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds.

Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Akhoury Foundation Inc funds

By grant dollars, the top recipient states for Akhoury Foundation Inc's 55 itemized 2024 grants were Florida (38%), 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). None of its 55 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Request" (55 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$426K

+27.1% YoY

Annual Giving

$327K

+5.2% YoY

Grant Count

+7.8% YoY

Avg Grant Size

$6K

-2.5% YoY

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 April 2026.

Mission & Focus Areas

The foundation supports initiatives in the following areas:

Education (including elementary and secondary education and STEM education)
Philanthropy, Voluntarism & Grantmaking
Human Services
Information and Communications
Libraries
Religion

Grantmaking

The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds. The foundation only makes contributions to preselected charitable organizations.

Grant Range

$150 to $35,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across multiple U.S. states and cities, with particular focus on:

New Jersey
Florida
New York

The foundation also supports projects in major cities including New York, Los Angeles, and Atlanta, as well as smaller communities across the United States.

Grant Distribution by State

Florida $125K (38%)

New Jersey $60K (18%)

New York $45K (14%)

Texas $35K (11%)

District of Columbia $25K (8%)

All other $37K (11%)

Share of all 55 itemized 2024 grant dollars.

States

Arizona California District of Columbia Delaware Florida Georgia Illinois Indiana Massachusetts Maryland Michigan North Carolina New Jersey New York Ohio Oregon Pennsylvania Tennessee Texas Virginia Vermont

Cities

SarasotaFlorham ParkLong Boat KeyMorristownNew YorkVeniceStockbridgeAmericusBoca RatonPortlandSummit TownshipWauchulaAtlantaBradentonDoverHillsideNew RochelleTotowaWashingtonArlington

Financial History

Multi-year comparison from IRS filings

Most Recent Filing (2024):

Total assets: $426,124
Total giving: $326,810
Total expenses: $311,036
Revenue: $9,550

Prior Filing:

Total assets: $335,366

IRS Status: Tax-exempt since February 1997

EIN: 22-3417520

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$426,124	$335,366	$636,852
Revenue	$422,485	$9,550	$450,560
Expenses	$331,727	$311,036	$114,970
Qualifying Distributions	$326,810	$310,730	$113,345
Net Investment Income	$22,268	$9,244	—
Distributable Amount	$17,894	$22,014	$14,110

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

196 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Prantham Usa ($35,000), Sarasota Art Museum ($30,000), St Michaels Church ($28,000).

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

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by three unpaid trustees:

Ravi Akhoury
Virginia Akhoury
Priya Joy Akhoury

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RAVI AKHOURY	TRUSTEE	—	—
VIRGINIA AKHOURY	TRUSTEE	—	—
PRIYA JOY AKHOURY	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Akhoury Foundation Inc fund?

The foundation supports initiatives in the following areas: • Education (including elementary and secondary education and STEM education) • Philanthropy, Voluntarism & Grantmaking • Human Services • Information and Communications • Libraries • Religion

How do I apply for a grant from Akhoury Foundation Inc?

**Grant Activity:** • 55 grants awarded in the most recent filing period • Median grant amount: $4,200 • Grant range: $150 to $35,000 • Total giving: $326,810 (most recent filing) **Application Process:** The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds. The foundation only makes contributions to preselected charitable organizations.

Where does Akhoury Foundation Inc make grants?

The foundation supports organizations across multiple U.S. states and cities, with particular focus on: • New Jersey • Florida • New York The foundation also supports projects in major cities including New York, Los Angeles, and Atlanta, as well as smaller communities across the United States.

What size grants does Akhoury Foundation Inc award?

In 2024, Akhoury Foundation Inc awarded 55 grants totaling $327K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Akhoury Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Akhoury Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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. The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds.