The Florida State Capitol

Form 990-PFTax year 2024EIN 83-1146676

Ak Foundation Inc

A private foundation in Coral Gables, FL. Its return for tax year 2024 lists 3 grants and $45,995 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $45,995

    Grants listed
    3
    Assets, end of year
    $1,661,983
  • Tax year 2023

    $0

    Grants listed
    0
    Assets, end of year
    $993,114
  • Tax year 2022

    $42,455

    Grants listed
    6
    Assets, end of year
    $838,535
  • Tax year 2021

    $19,670

    Grants listed
    6
    Assets, end of year
    $977,163
  • Tax year 2020

    $12,100

    Grants listed
    6
    Assets, end of year
    $340,113
  • Tax year 2019

    $17,250

    Grants listed
    7
    Assets, end of year
    $316,585

Grants paid in 2024

3 grants, largest first

As listed on the return.

  1. Ransom Everglades SchoolCoconut Grove, FL

    Help enrich academia and athletic PR

    $28,357
  2. Goanna FoundationSydney, Australia

    Aid mental health programs in school

    $14,638
  3. Himalayan Children's CharitiesAtlanta, GA

    Aid children in poverty in nepal

    $3,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $28,35790% of the total
  2. Philanthropy and grantmaking1 grant $3,00010% of the total

By State

Grants to organizations with a US address, latest year.

  1. Florida1 grant $28,357
  2. Georgia1 grant $3,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Arul MuruganTREASURER/DI Hours 1Pay $0
  • Kavitha PalaniPRESIDENT/DI Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Michael and Milagros Contreras Family FoundationCoral Gables, FL 14 grants Preselected only $51,538 giving
  2. The Clark and Carolyn Adams FoundationCoral Gables, FL 6 grants Accepts applications $57,000 giving
  3. Lopez-Cantera Charitable FoundationCoral Gables, FL 4 grants Preselected only $64,970 giving
  4. Groves Family Foundation IncCoral Gables, FL 13 grants Preselected only $65,000 giving
  5. The Guerra Family Foundation IncCoral Gables, FL 16 grants Preselected only $32,000 giving