Kakarala Foundation
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.
Key facts about Kakarala Foundation
- EIN
- 38-2703534
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $72,902
- Grants made (2024)
- 11
- Average grant
- $6,627
- Median grant
- $1,500
- Total assets
- $1,443,285
- Primary geography
- Ohio (75% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Kakarala Foundation funds
By grant dollars, the top recipient states for Kakarala Foundation's 11 itemized 2024 grants were Ohio (75%) and Michigan (16%). The most frequent recipient cities were Norton, OH (3 grants) and Troy, MI (2 grants). None of its 11 grants with a stated purpose were described as general or operating support.
How Kakarala Foundation gives
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 66% from 2021 to 2024. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Kakarala Foundation
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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
11
+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
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.
Ready to take the next step with Kakarala Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Norton High School ($25,000), Fidelity Charitable Fund ($22,525), Chemical Engineering U of M ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Norton High School Norton, OH | Speech Debate and Drama Programs in honor of Mr. William Vail | $25,000 |
| Fidelity Charitable Fund Cincinnati, OH | Donations to IRS Qualified Organizations in USA | $22,525 |
| Chemical Engineering U of M Ann Arbor, MI | Ch E Impact Fund | $10,000 |
| ZP High School Pedapadu India | School Facilities Development | $5,000 |
| Sree Venkateswara Temple Richfield, OH | Temple Buildings | $5,000 |
| Bridge Community Church Troy, MI | Church Donation for Philanthropic Programs | $1,500 |
| Paideia Fund Atlanta, GA | Student Development | $1,000 |
| Olivia Gray Norton Scholarship Norton, OH | Forensics Scholar Award | $1,000 |
| Abigail Wilson NHS Scholarship Norton, OH | Norton High Forensics Scholarship | $1,000 |
| AshaKiran Inc Huntsville, AL | Supporting Organization Most needed Projects | $500 |
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
| 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.
What is Kakarala Foundation's EIN?
Kakarala Foundation's EIN (Employer Identification Number) is 38-2703534. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.