Akram Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARY, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 16 grants totaling $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25K
+26.2% YoY
Annual Giving
$10K
+52.3% YoY
Grant Count
16
+60.0% YoY
Avg Grant Size
$650.688
-4.8% YoY
Under IRS private-foundation payout rules, Akram Family Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Akram Family Foundation Inc
Based on IRS filings
Akram Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARY, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 16 grants totaling $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,500 | $19,406 | $12,048 |
| Revenue | $15,057 | $14,500 | — |
| Expenses | $9,963 | $7,142 | — |
| Qualifying Distributions | $9,911 | $6,835 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,081 | — | — |
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
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unrwausa ($2,760), Cary Masjid ($1,475), Unhcr Zakat ($1,200).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER FOUNDATION ATLANTA, GA | DONATION | $30 |
| ANERA WASHINGTON, DC | DONATION | $200 |
| CAIR DONATION WASHINGTON, DC | DONATION | $1,000 |
| HHRD RELIEF DONATION SOUTHFIELD, MI | DONATION | $200 |
| CARY MASJID CARY, NC | DONATION | $1,475 |
| HUMANAPPEALUSA MISSION VIEJO, CA | DONATION | $300 |
| ICNARELIEF NEW HYDE PARK, NY | DONATION | $200 |
| IRUSA ALEXANDRIA, VA | DONATION | $550 |
| UNHCR WASHINGTON, DC | DONATION | $100 |
| UNHCR ZAKAT WASHINGTON, DC | DONATION | $1,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MUHAMMAD AKRAM | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Akram Family Foundation Inc?
Akram Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARY, NC. It holds $25K in total assets as of 2024.
How large is Akram Family Foundation Inc?
As of 2024, Akram Family Foundation Inc holds $25K in total assets with $15K in annual revenue. It awarded 16 grants totaling $10K in 2024.
Where does Akram Family Foundation Inc operate?
Akram Family Foundation Inc has awarded grants in California, District of Columbia, Georgia, Illinois, Michigan, North Carolina, New York, Tennessee, Virginia.
What size grants does Akram Family Foundation Inc award?
In 2024, Akram Family Foundation Inc awarded 16 grants totaling $10K — an average of about $650.688 per grant, based on its IRS Form 990 filings.
How much is Akram Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Akram Family Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Akram Family Foundation Inc's EIN?
Akram Family Foundation Inc's EIN (Employer Identification Number) is 87-1433785. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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