Ali Family Foundation

Foundation · Grantmaker Odessa, FL EIN: 85-6435248

Ali Family Foundation is a private foundation, based in Odessa, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 9 grants totaling $265K. Net investment income was $38K.

Key facts about Ali Family Foundation

EIN
85-6435248
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$264,605
Grants made (2024)
9
Average grant
$29,401
Median grant
$5,000
Total assets
$2,582,146
Primary geography
Florida (70% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ali Family Foundation funds

By grant dollars, the top recipient states for Ali Family Foundation's 9 itemized 2024 grants were Florida (70%) and New Jersey (22%). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (5 grants).

How Ali Family Foundation gives

  • Giving grew 258% from 2021 to 2024. Method
  • In 2024 it paid out 130% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

-49.1% YoY

Annual Giving

$265K

+119.6% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$29K

+119.6% YoY

Under IRS private-foundation payout rules, Ali Family Foundation reported a distributable amount of $218K for 2024 — the minimum it must pay out in qualifying distributions.

About Ali Family Foundation

Based on IRS filings

Ali Family Foundation is a private foundation, based in Odessa, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 9 grants totaling $265K. Net investment income was $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 9 itemized 2024 grant dollars.

Cities

TampaSebringBrooksvilleCharlotteFreemontIrviineLutzRiverviewRolling MeadowsRye BrookSan AntonioSanfordTeaneckWesley Chapel

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$390K$780K$1M$2M20202021202220232024
Metric202420232022
Total Assets$2,582,146$5,073,681$2,807,951
Revenue$32,137$13,770$1,417,978
Expenses$300,630$141,043$109,860
Qualifying Distributions$284,106$141,043$109,860
Net Investment Income$38,073$15,308$8,158
Distributable Amount$218,016$155,330$93,813

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$66K$132K$198K$265K0 grants20202 grants20215 grants20229 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Adventhealth Tampa Foundation: $170KAdventhealth Tampa Foundation$170KIndus Hospital: $59KIndus Hospital$59KAkshay Patra: $10KAkshay Patra$10KInman: $6KInman$6KHuman Development Foundation: $5KHuman Development Foundation$5KLeukemia & Lymphoma Society: $5KLeukemia & Lymphoma Society$5KAna Ruiz-Jolio: $5KAna Ruiz-Jolio$5KNunley: $3KNunley$3KFaroze Harif: $2KFaroze Harif$2K

Grant Size Distribution

25 grants across all recorded years

22<$50K2$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 recipients include Adventhealth Tampa Foundation ($170,000), Indus Hospital ($59,105), Akshay Patra ($10,000).

RecipientPurposeAmount
ADVENTHEALTH TAMPA FOUNDATION Tampa, FLDONATION$170,000
INDUS HOSPITAL Teaneck, NJDONATION$59,105
AKSHAY PATRA DONATION$10,000
INMAN Wesley Chapel, FLTUITION REIBURSEMENT$5,500
HUMAN DEVELOPMENT FOUNDATION Rolling Meadows, ILDONATION$5,000
LEUKEMIA & LYMPHOMA SOCIETY Rye Brook, NYDONATION$5,000
ANA RUIZ-JOLIO Lutz, FLFUNERAL$5,000
NUNLEY San Antonio, FLFUNERAL$3,000
FAROZE HARIF Sanford, FLGIFT$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Syed I AliTrustee5—

Frequently Asked Questions

How large is Ali Family Foundation?

As of 2024, Ali Family Foundation holds $2.6M in total assets with $32K in annual revenue. It awarded 9 grants totaling $265K in 2024.

Where does Ali Family Foundation operate?

Ali Family Foundation has awarded grants in California, Florida, Illinois, North Carolina, New Jersey, New York.

What size grants does Ali Family Foundation award?

In 2024, Ali Family Foundation awarded 9 grants totaling $265K — an average of about $29K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ali Family Foundation reported a distributable amount of $218K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ali Family Foundation's EIN?

Ali Family Foundation's EIN (Employer Identification Number) is 85-6435248. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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