The Ramak Foundation

CHARLESTON, SC EIN: 20-0510049

The Ramak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+54.7% YoY

Annual Giving

$105K

-34.4% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$18K

-56.3% YoY

About The Ramak Foundation

Based on IRS filings

The Ramak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CharlstonClevelandJacksonLa PlataPleasantToledo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$318K$636K$954K$1M20202021202220232024
Metric202420232022
Total Assets$2,897,969$1,873,446$1,539,199
Revenue$1,156,711$513,665$93,907
Expenses$132,188$179,418$192,486
Qualifying Distributions$105,000$160,000$170,000
Net Investment Income$371,175$114,677$71,421
Distributable Amount$146,392$86,222$31,583

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$85K$128K$170K2 grants20201 grants20213 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

YMCA CAMP GREENVILLE$55KCOMPASS HARBOR$10KPROJECT HEALING WATERS F…$10KTHE OPEN DOOR MINISTRY$10KWOUNDED NATURE$10KYMCA STORER CAMPS$10K

Grant Size Distribution

16 grants across all recorded years

11<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMANDA AVERSPRESIDENT/SECRETARY/TRUSTEE1
MICHAEL BEARSSV.P./TREASURER/TRUSTEE0.5
ELDEAN NETTLESTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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