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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMANDA AVERS | PRESIDENT/SECRETARY/TRUSTEE | 1 | — |
| MICHAEL BEARSS | V.P./TREASURER/TRUSTEE | 0.5 | — |
| ELDEAN NETTLES | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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