Akhoury Foundation Inc

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$426K

+27.1% YoY

Annual Giving

$327K

+5.2% YoY

Grant Count

55

+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

21states
+13 more states

Cities

AmericusArlingtonAtlantaBartoBoca RatonBradentonBrooklynBrownstownCincinnatiCliftonDallasDenvilleDetroitDoverEast HanoverElizabethEugeneFerdinandFlorham ParkGaithersburg

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
$0$124K$248K$372K$496K20202021202220232024
Metric202420232022
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

$0$82K$163K$245K$327K13 grants202045 grants202132 grants202251 grants202355 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PRANTHAM USA$35KSARASOTA ART MUSEUM$30KST MICHAELS CHURCH$28KCHILDRENS FIRST$23KCITY KIDS WILDERNESS PRO…$20KRUBIN MUSEUM OF ART$15KHABITAT FOR HUMANITY$13KST MARY STAR OF THE SEA$12KHALOS FOR ANGELS$12KALL FAITHS FOOD BANK$11K

Grant Size Distribution

190 grants across all recorded years

189<$50K$50–100K1$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 Prantham Usa ($35,000), Sarasota Art Museum ($30,000), St Michaels Church ($28,000).

RecipientPurposeAmount
101 FOUNDATION INC WASHINGTON, NJCHARITABLE REQUEST$600
ALL FAITHS FOOD BANK SARASOTA, FLCHARITABLE REQUEST$11,000
ALL STARS PROJECT INC NEW YORK, NYCHARITABLE REQUEST$5,000
ASSN OF ST LAWRENCE COMM JACKSONVILLE, FLCHARITABLE REQUEST$600
ASSOCIATION OF MARIAN HELPERS STOCKBRIDGE, MACHARITABLE REQUEST$180
St Damien Parish Center Ocean City, NJCHARITABLE REQUEST$300
CHANGEMAKER COLLECTIVE SUMMITVILLE, INCHARITABLE REQUEST$5,000
CHILDRENS FIRST SARASOTA, FLCHARITABLE REQUEST$22,500
CHURCH OF THE HOLY FAMILY MANHATTAN, NYCHARITABLE REQUEST$4,200
CITY KIDS WILDERNESS PROJECT WASHINGTON, DCCHARITABLE REQUEST$20,000

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

NameTitleHoursCompensation
RAVI AKHOURYTRUSTEE
VIRGINIA AKHOURYTRUSTEE
PRIYA JOY AKHOURYTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

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.

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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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