The Ramak Foundation
The Ramak Foundation is a private foundation, based in Charleston, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 6 grants totaling $105K. Net investment income was $371K.
The Ramak Foundation at a glance
In short: The Ramak Foundation gave $105K across 6 grants in 2024 (avg $18K), mostly in South Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $105,000
- -34.4% vs 2023
- Grants made (2024)
- 6
- +50.0% vs 2023
- Average grant
- $17,500
- -56.3% vs 2023
- Median grant
- $10,000
- Total assets
- $2,897,969
- +54.7% vs 2023
- Primary geography
- South Carolina (71% 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 The Ramak Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was YMCA Camp Greenville ($55K). Together the top 6 received $105K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 11 grants of 16 (69%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How The Ramak Foundation gives
- Giving held roughly steady from 2021 to 2024 (−12%). Method
- In 2024 it paid out 72% 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 2020 to 2024, annual grant giving ranged from $70K (2020) to $170K (2022). In 2024 it made 6 grants totaling $105K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA Camp Greenville Cleveland, SC | Unrestricted | $55,000 |
| Compass Harbor Charlston, SC | Unrestricted | $10,000 |
| Project Healing Waters Fly Fishing La Plata, MD | Unrestricted | $10,000 |
| The Open Door Ministry Toledo, OH | Unrestricted. | $10,000 |
| Wounded Nature Pleasant, SC | Unrestricted | $10,000 |
| YMCA Storer Camps Jackson, MI | Unrestricted | $10,000 |
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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 | $2,897,969 | $1,156,711 | $132,188 | $105,000 | 6 | $105,000 | $371,175 | $146,392 |
| 2023 | $1,873,446 | $513,665 | $179,418 | $160,000 | 4 | $160,000 | $114,677 | $86,222 |
| 2022 | $1,539,199 | $93,907 | $192,486 | $170,000 | 3 | $170,000 | $71,421 | $31,583 |
| 2021 | $1,637,778 | $174,954 | $141,323 | $120,000 | 1 | $120,000 | $153,631 | $104,863 |
| 2020 | $1,604,147 | $63,736 | $88,403 | $70,000 | 2 | — | $45,333 | $90,030 |
Under IRS private-foundation payout rules, The Ramak Foundation reported a distributable amount of $146K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Ramak Foundation is led by Amanda Avers, President, Secretary & Trustee since 2022 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amanda Avers
President, Secretary & Trustee
Trustee → President, Secretary & Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Michael Bearss
V.p., Treasurer & Trustee
Trustee → V.p., Treasurer & Trustee, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Eldean Nettles
Trustee
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Richard Sherman Bearss (2020–2021) — President & Trustee
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 The Ramak Foundation
How much does The Ramak Foundation give each year?
The Ramak Foundation gave $105K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $160K across 4 grants.
What is The Ramak Foundation's typical grant size?
The Ramak Foundation's median grant in 2024 was $10,000, and its average grant was $17,500, across 6 grants on its 2024 IRS Form 990-PF.
Where does The Ramak Foundation give grants?
The Ramak Foundation gives mostly in South Carolina: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Maryland (10%) and Ohio (10%).
Does The Ramak Foundation give general operating support?
Yes: 100% of The Ramak Foundation's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Ramak Foundation's largest grantees?
The Ramak Foundation's largest 2024 grantees include YMCA Camp Greenville ($55,000), Compass Harbor ($10,000) and Project Healing Waters Fly Fishing ($10,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
How large is The Ramak Foundation?
The Ramak Foundation reported $2.9M in total assets on its 2024 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $146K (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 The Ramak Foundation's EIN?
The Ramak Foundation's EIN (Employer Identification Number) is 20-0510049. 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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