North American Konkani Association Inc
North American Konkani Association Inc is a private foundation focused on Human Services, based in San Jose, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $474K in total assets. In 2024, it awarded 1 grant totaling $9K. Net investment income was $3K.
North American Konkani Association Inc at a glance
In short: North American Konkani Association Inc gave $9K across 1 grant in 2024 (avg $9K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,430
- -5.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $9,430
- -5.7% vs 2023
- Median grant
- $9,430
- Total assets
- $473,856
- +5.3% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who North American Konkani Association Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was American Midwest Konkani Association ($9K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How North American Konkani Association Inc gives
- Giving grew 1247% from 2021 to 2024. Method
- In 2024 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $700 (2021) to $10K (2023). In 2024 it made 1 grant totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Midwest Konkani Association Bartlett, IL | Promote Konkani Events in IL and USA | $9,430 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $473,856 | — | $13,758 | $9,430 | 1 | $9,000 | $2,635 | $14,541 |
| 2023 | $449,942 | $67,751 | $13,677 | $10,000 | 1 | $1,300 | — | $14,529 |
| 2022 | $359,318 | $2,353 | $50 | — | — | — | — | — |
| 2021 | $434,067 | $234,067 | $985 | $700 | 1 | $985 | $371 | $15,854 |
| 2020 | $194,244 | $16 | $3,085 | — | — | — | $16 | — |
Under IRS private-foundation payout rules, North American Konkani Association Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
North American Konkani Association Inc is led by B. Ramamurthy Acharya, President on every filing since 2021; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
B. Ramamurthy Acharya
President
On filings since 2021
2 hrs/week
No compensation reported
Milind S. Gokarn
Director
On filings since 2021
3 hrs/week
No compensation reported
Shashank Honavar
Director
On filings since 2021
1 hr/week
No compensation reported
Surekha Shenoy
Director
On filings since 2021
1 hr/week
No compensation reported
Vasudev Nayak
Director
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Buntval D. Baliga (2020) — Treasurer
- Former: Ramesh Kamath (2020) — President
- Former: Sudha Shenoy (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about North American Konkani Association Inc
How much does North American Konkani Association Inc give each year?
North American Konkani Association Inc gave $9K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10K across 1 grant.
How large is North American Konkani Association Inc?
North American Konkani Association Inc reported $474K in total assets on its 2024 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is North American Konkani Association Inc?
North American Konkani Association Inc is a private foundation focused on Human Services, based in San Jose, CA. It holds $474K in total assets as of 2024.
Where does North American Konkani Association Inc operate?
North American Konkani Association Inc has awarded grants in California, Illinois.
What is North American Konkani Association Inc's EIN?
North American Konkani Association Inc's EIN (Employer Identification Number) is 58-2387065. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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