Emenike-Ogunnaike Charitable Foundation is a private foundation focused on Education, based in SHERMAN OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 5 grants totaling $92K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+29.6% YoY
Annual Giving
$92K
-49.6% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$18K
-69.8% YoY
Under IRS private-foundation payout rules, Emenike-Ogunnaike Charitable Foundation reported a distributable amount of $172K for 2024 — the minimum it must pay out in qualifying distributions.
About Emenike-Ogunnaike Charitable Foundation
Based on IRS filings
Emenike-Ogunnaike Charitable Foundation is a private foundation focused on Education, based in SHERMAN OAKS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 5 grants totaling $92K. Net investment income was $36K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,163,049 | $3,212,131 | $2,393,140 |
| Revenue | $536,177 | $577,585 | $663,908 |
| Expenses | $121,686 | $187,838 | $131,207 |
| Qualifying Distributions | $92,291 | $183,112 | $123,378 |
| Net Investment Income | $36,177 | $28,673 | $17,348 |
| Distributable Amount | $172,397 | $126,839 | $102,708 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jesus Embassy ($45,000), Other Donation ($25,942), Toronto Metropolitan University ($16,349).
| Recipient | Purpose | Amount |
|---|---|---|
| Other Donation Los Angeles, CA | Contribution to support multiple worthy Nigerian Students | $25,942 |
| Beat Childhood Cancer Braintree, MA | Contribution to support Beat Childhood Cancer | $2,500 |
| Jesus Embassy Los Angeles, CA | Church | $45,000 |
| Granada Hills Rotary Club Northridge, CA | Support scholarships for students. | $2,500 |
| Toronto Metropolitan University | Contribution to support multiple worthy Nigerian Students | $16,349 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Chika Ogunnaike | President | 5 | — |
| David Ogunnaike | Vice President | 0.5 | — |
| Adetayo Ogunnaike | Secretary | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Emenike-Ogunnaike Charitable Foundation?
Emenike-Ogunnaike Charitable Foundation is a private foundation focused on Education, based in SHERMAN OAKS, CA. It holds $4.2M in total assets as of 2024.
How large is Emenike-Ogunnaike Charitable Foundation?
As of 2024, Emenike-Ogunnaike Charitable Foundation holds $4.2M in total assets with $536K in annual revenue. It awarded 5 grants totaling $92K in 2024.
Where does Emenike-Ogunnaike Charitable Foundation operate?
Emenike-Ogunnaike Charitable Foundation has awarded grants in California, Massachusetts.
What size grants does Emenike-Ogunnaike Charitable Foundation award?
In 2024, Emenike-Ogunnaike Charitable Foundation awarded 5 grants totaling $92K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Emenike-Ogunnaike Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Emenike-Ogunnaike Charitable Foundation reported a distributable amount of $172K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Emenike-Ogunnaike Charitable Foundation's EIN?
Emenike-Ogunnaike Charitable Foundation's EIN (Employer Identification Number) is 81-3072927. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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