The Aiko Foundation
The Aiko Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 11 grants totaling $298K. Net investment income was $447K.
Key facts about The Aiko Foundation
- EIN
- 86-3415367
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $298,000
- Grants made (2024)
- 11
- Average grant
- $27,091
- Median grant
- $25,000
- New grantees (estimate)
- 10% first-time grantees (1 of 10, 2024)
- Total assets
- $9,859,123
- Primary geography
- Illinois (39% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Aiko Foundation funds
By grant dollars, the top recipient states for The Aiko Foundation's 11 itemized 2024 grants were Illinois (39%), California (22%) and New York (22%). The most frequent recipient cities were Chicago, IL (2 grants), New York, NY (2 grants) and Evanston, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Aiko Foundation open to new grantees?
10%
first-time grantees, 2024
In 2024, 1 of 10 grantees (10%) were first-time recipients. First grants averaged $1K; repeat grants $33K. How we count
Medians: $1K first-time, $25K repeat.
- 70% of 2024 grantees were also funded in 2023. Method
- Giving grew 65% 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 (2021–2024). 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 The Aiko Foundation
- How to evaluate The Aiko Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.9M
+72.1% YoY
Annual Giving
$298K
+23.4% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$27K
+34.6% YoY
Under IRS private-foundation payout rules, The Aiko Foundation reported a distributable amount of $345K for 2024 — the minimum it must pay out in qualifying distributions.
About The Aiko Foundation
Based on IRS filings
The Aiko Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 11 grants totaling $298K. Net investment income was $447K.
Focus Areas
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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 | $9,859,123 | $5,727,493 | $5,055,476 |
| Revenue | $4,485,176 | $962,657 | $2,866,469 |
| Expenses | $353,546 | $290,640 | $185,524 |
| Qualifying Distributions | $313,376 | $259,550 | $165,738 |
| Net Investment Income | $446,506 | $73,200 | $36,193 |
| Distributable Amount | $344,816 | $236,967 | $149,515 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include United States Fund for Unicef ($65,000 across 2 grants), Museum of Science and Industry ($50,000), Whitman College Board of Trustees ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSEUM OF SCIENCE AND INDUSTRY Chicago, IL | General & Unrestricted | $50,000 |
| WHITMAN COLLEGE BOARD OF TRUSTEES Walla Walla, WA | General & Unrestricted | $50,000 |
| STANFORD UNIVERSITY Stanford, CA | General & Unrestricted | $40,000 |
| UNITED STATES FUND FOR UNICEF New York, NY | UNICEF Experience and Unrestricted | $40,000 |
| FAMILY MATTERS INC Chicago, IL | General & Unrestricted | $25,000 |
| LOYOLA MARYMOUNT UNIVERSITY Los Angeles, CA | General & Unrestricted | $25,000 |
| NORTHWESTERN UNIVERSITY Evanston, IL | General & Unrestricted | $25,000 |
| UNITED STATES FUND FOR UNICEF New York, NY | General & Unrestricted | $25,000 |
| GLENCOE UNION CHURCH Glencoe, IL | General & Unrestricted | $15,000 |
| MARIN PROMISE PARTNERSHIP San Rafael, CA | General & Unrestricted | $2,000 |
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 |
|---|---|---|---|
| Donald G Macpherson | Dir, Sec | 1 | — |
| Kimberli Macpherson | Dir, Pres, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Aiko Foundation?
The Aiko Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $9.9M in total assets as of 2024.
How large is The Aiko Foundation?
As of 2024, The Aiko Foundation holds $9.9M in total assets with $4.5M in annual revenue. It awarded 11 grants totaling $298K in 2024.
Where does The Aiko Foundation operate?
The Aiko Foundation has awarded grants in Alabama, California, Illinois, Kentucky, New York, Washington.
What size grants does The Aiko Foundation award?
In 2024, The Aiko Foundation awarded 11 grants totaling $298K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Aiko Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aiko Foundation reported a distributable amount of $345K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Aiko Foundation's EIN?
The Aiko Foundation's EIN (Employer Identification Number) is 86-3415367. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.