Kakarala Foundation

TROY, MI EIN: 38-2703534

Kakarala Foundation is a private foundation, based in TROY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 11 grants totaling $73K. Net investment income was $110K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+2.5% YoY

Annual Giving

$73K

-48.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-48.3% YoY

Under IRS private-foundation payout rules, Kakarala Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.

About Kakarala Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $162K (60%)

Michigan $95K (35%)

Georgia $14K (5%)

Alabama $500 (0%)

States

Alabama Georgia Michigan Ohio

Cities

Ann ArborAtlantaCincinnatiHuntsvilleKentNortonNoviRichfieldTroy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,443,285	$1,408,318	$1,519,303
Revenue	$109,929	$36,055	$102,898
Expenses	$74,962	$147,040	$22,053
Qualifying Distributions	$72,922	$140,910	$21,636
Net Investment Income	$109,929	$372,832	$102,898
Distributable Amount	$79,720	$77,194	$72,369

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

36 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Norton High School ($25,000), Fidelity Charitable Fund ($22,525), Chemical Engineering U of M ($10,000).

Recipient	Purpose	Amount
Bharatiya Temple Troy, MI	Temple Pujas	$377
Paideia Fund Atlanta, GA	Student Development	$1,000
Bridge Community Church Troy, MI	Church Donation for Philanthropic Programs	$1,500
ZP High School Pedapadu India	School Facilities Development	$5,000
Chemical Engineering U of M Ann Arbor, MI	Ch E Impact Fund	$10,000
Fidelity Charitable Fund Cincinnati, OH	Donations to IRS Qualified Organizations in USA	$22,525
Sree Venkateswara Temple Richfield, OH	Temple Buildings	$5,000
Norton High School Norton, OH	Speech Debate and Drama Programs in honor of Mr. William Vail	$25,000
Olivia Gray Norton Scholarship Norton, OH	Forensics Scholar Award	$1,000
Abigail Wilson NHS Scholarship Norton, OH	Norton High Forensics Scholarship	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Ramani Kakarala	President	2	—
Vijayalakshmi Kakarala	Secretary	2	—
Raghuram Kakarala	Trustee	2	—

Frequently Asked Questions

How large is Kakarala Foundation?

As of 2024, Kakarala Foundation holds $1.4M in total assets with $110K in annual revenue. It awarded 11 grants totaling $73K in 2024.

Where does Kakarala Foundation operate?

Kakarala Foundation has awarded grants in Alabama, Georgia, Michigan, Ohio.

What size grants does Kakarala Foundation award?

In 2024, Kakarala Foundation awarded 11 grants totaling $73K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Kakarala Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kakarala Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.