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
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.
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
Among its reported 2024 grants, the largest include Ymca Camp Greenville ($55,000), Compass Harbor ($10,000), Project Healing Waters Fly Fishing ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 CAMP GREENVILLE CLEVELAND, SC | UNRESTRICTED | $55,000 |
| YMCA STORER CAMPS JACKSON, MI | UNRESTRICTED | $10,000 |
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
Frequently Asked Questions
What is The Ramak Foundation?
The Ramak Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. It holds $2.9M in total assets as of 2024.
How large is The Ramak Foundation?
As of 2024, The Ramak Foundation holds $2.9M in total assets with $1.2M in annual revenue. It awarded 6 grants totaling $105K in 2024.
Where does The Ramak Foundation operate?
The Ramak Foundation has awarded grants in Maryland, Michigan, Ohio, South Carolina.
What size grants does The Ramak Foundation award?
In 2024, The Ramak Foundation awarded 6 grants totaling $105K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Ramak Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ramak Foundation reported a distributable amount of $146K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Ramak Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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