Aramli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 28 grants totaling $257K. Net investment income was $118K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+265397.7% YoY
Annual Giving
$257K
+130.6% YoY
Grant Count
28
+133.3% YoY
Avg Grant Size
$9K
-1.2% YoY
Under IRS private-foundation payout rules, Aramli Foundation reported a distributable amount of $92K for 2024 — the minimum it must pay out in qualifying distributions.
About Aramli Foundation
Based on IRS filings
Aramli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 28 grants totaling $257K. Net investment income was $118K.
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 | $1,866,449 | $703 | $154 |
| Revenue | $2,124,278 | $115,000 | $118,500 |
| Expenses | $268,622 | $114,451 | $121,684 |
| Qualifying Distributions | $268,622 | $114,451 | $121,684 |
| Net Investment Income | $117,778 | — | — |
| Distributable Amount | $92,108 | $365 | $160 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Newport Hospital Foundation ($50,000), St Michaels Country Day School ($50,000), Children & Family Agency ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Children & Family Agency Middletown, RI | Charitable Donation | $40,000 |
| MLK Community Center Newport, RI | Charitable Donation | $30,900 |
| Newport Hospital Foundation Newport, RI | Charitable Donation | $50,000 |
| Boys and Girls Club of Newport Newport, RI | Charitable Donation | $12,010 |
| Star Kids Middletown, RI | Charitable Donation | $500 |
| Bike Newport Newport, RI | Charitable Donation | $1,500 |
| Newport Mental Health Middletown, RI | Charitable Donation | $15,000 |
| Newport Housing Hotline Newport, RI | Charitable Donation | $4,000 |
| Lucy's Hearth Middletown, RI | Charitable Donation | $20,000 |
| Newport Polo Portsmouth, RI | Charitable Donation | $4,816 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mark Aramli | Trustee | 1 | — |
| Ida Aramli | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aramli Foundation?
Aramli Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT, RI. It holds $1.9M in total assets as of 2024.
How large is Aramli Foundation?
As of 2024, Aramli Foundation holds $1.9M in total assets with $2.1M in annual revenue. It awarded 28 grants totaling $257K in 2024.
Where does Aramli Foundation operate?
Aramli Foundation has awarded grants in California, Iowa, Maryland, Minnesota, New York, Rhode Island.
What size grants does Aramli Foundation award?
In 2024, Aramli Foundation awarded 28 grants totaling $257K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Aramli Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aramli Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aramli Foundation's EIN?
Aramli Foundation's EIN (Employer Identification Number) is 85-4330896. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aramli Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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