AK FOUNDATION INC
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Cite this
Plain text AK FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2019–2024. https://furp.org/org/ak-foundation-inc-831146676. Retrieved 2026-11-07.
APA furp.org. (n.d.). AK FOUNDATION INC [Nonprofit organization profile; tax years 2019–2024]. Retrieved November 7, 2026, from https://furp.org/org/ak-foundation-inc-831146676
MLA “AK FOUNDATION INC.” furp.org, tax years 2019–2024, https://furp.org/org/ak-foundation-inc-831146676. Accessed 7 Nov. 2026.
Retrieved 2026-11-07; covers tax years 2019–2024. Data: furp.org (index © the FURP Alliance; the records are public domain).
2024 · Form 990PF · revenue $125K · expenses $52K · assets $1.7M
- EIN
- 83-1146676
- Address
- 1151 S ALHAMBRA CIR, CORAL GABLES, FL 33146-3711
- NTEE code
- T20 Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) published (IRS Business Master File)
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- November 2019 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Kavitha Palani | PRESIDENT/DI | 2019-2024 | $0 | $20,000 | 1 |
Officers and directors, no compensation reported
1 person listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Arul Murugan | TREASURER/DI | 2019-2024 | 1 | $0 reported | 1 |
People by year
2024 · 2 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 1 | $0 | - | $0 | $0 | 1 |
| KAVITHA PALANI | PRESIDENT/DI | 1 | $0 | - | $0 | $0 | 1 |
2023 · 2 people listed · 1 paid, $20K
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| KAVITHA PALANI | PRESIDENT/DI | 1 | $20,000 | - | $0 | $20,000 | 1 |
| ARUL MURUGAN | TREASURER/DI | 1 | $0 | - | $0 | $0 | 1 |
2022 · 2 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 1 | $0 | - | $0 | $0 | 1 |
| KAVITHA PALANI | PRESIDENT/DI | 1 | $0 | - | $0 | $0 | 1 |
2021 · 2 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 1 | $0 | - | $0 | $0 | 1 |
| KAVITHA PALANI | PRESIDENT/DI | 2 | $0 | - | $0 | $0 | 1 |
2020 · 2 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 1 | $0 | - | $0 | $0 | 1 |
| KAVITHA PALANI | PRESIDENT/DI | 2 | $0 | - | $0 | $0 | 1 |
2019 · 2 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ARUL MURUGAN | TREASURER/DI | 0 | $0 | - | $0 | $0 | 1 |
| KAVITHA PALANI | PRESIDENT/DI | 0 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 3 grants to organizations · $46K
2022 · 6 grants to organizations · $42K
2021 · 6 grants to organizations · $20K
2020 · 6 grants to organizations · $12K
2019 · 7 grants to organizations · $17K
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2023 · 3 contributors · $37K
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | ELEVEN ELEVEN ALGO CI LTD | Organization or other | CORAL GABLES, FL | $17,607 | $8,210 | Form 990PF Sch. B, 2023 · filing |
| 2 | BORDERLESS MANAGEMENT LLC | Organization or other | ATLANTA, GA | $14,110 | $14,110 | Form 990PF Sch. B, 2023 · filing |
| 3 | KAVITHA PALANI | Person | MIAMI, FL | $5,270 | - | Form 990PF Sch. B, 2023 · filing |
2022 · 2 contributors · $158K
2021 · 2 contributors · $517K
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $124,627 | $51,564 | $1,661,983 | $1,472,219 | $8,229 | - | - | - | - |
| 2023 · Form 990PF | ||||||||
| $156,135 | $233,512 | $993,114 | $761,152 | $40,329 | - | $20,000 | - | - |
| 2022 · Form 990PF | ||||||||
| $346,545 | $67,133 | $838,535 | $838,535 | $312,833 | - | - | - | - |
| 2021 · Form 990PF | ||||||||
| $666,150 | $19,844 | $977,163 | $977,163 | $626,222 | - | - | - | - |
| 2020 · Form 990PF | ||||||||
| $37,500 | $13,972 | $340,113 | $340,113 | - | - | - | - | - |
| 2019 · Form 990PF | ||||||||
| $37,500 | $19,725 | $316,585 | $316,585 | - | - | - | - | - |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Nearby + Similar BETA
Organizations like this one: what they do and who they are linked to
Same category: NTEE code and revenue
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| AZOULAY FOUNDATION INC | FL | T20 | $124,330 | $24 | DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| SEIDLER FOUNDATION INC | FL | T20 | $126,932 | $166,077 | PRESIDENT | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| CUTWATER FOUNDATION INC | FL | T20 | $131,149 | $77,634 | President | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| OLENA DUDA FOUNDATION INC | FL | T20 | $118,598 | $13,625 | PRESIDENT | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| ROSSI FAMILY FOUNDATION INC | FL | T20 | $125,161 | $893 | DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| WEISS FAMILY FOUNDATION INC | FL | T20 | $122,367 | $73,030 | PRESIDENT | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| BATES FAMILY FOUNDATION INC | FL | T20 | $129,135 | $242,338 | PRESIDENT | $100,000 | Same NTEE code T20, revenue within 2x, same state, similar name |
| D & E FOUNDATION | FL | T20 | $129,430 | $80,417 | President | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| THE MESHBERG FOUNDATION INC | FL | T20 | $122,735 | $210,780 | PRESIDENT/TREASURER/DIRECT | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| MORRIS FAMILY FOUNDATION INC | FL | T20 | $119,581 | $75,377 | Pres/DIR | $6,000 | Same NTEE code T20, revenue within 2x, same state, similar name |
| SAFDAR FAMILY FOUNDATION INC | FL | T20 | $130,608 | $53,012 | Director | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| WLSR FOUNDATION | FL | T20 | $126,490 | $170,942 | TRUSTEE | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| DONEGAL FAMILY FOUNDATION INC | FL | T20 | $125,992 | $93,628 | DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| SOILEAU FAMILY FOUNDATION INC | FL | T20 | $120,000 | $47,836 | President | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| BREGMAN FAMILY FOUNDATION INC | FL | T20 | $131,284 | $8,069 | Director | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| GUBELMANN FAMILY FOUNDATION INC | FL | T20 | $124,919 | $245,556 | SEC/TRES | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| GRACE FOUNDATION OF DESTIN INC | FL | T20 | $124,989 | $130,496 | Trustee | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| JULIUS FLEISCHMAN FOUNDATION INC | FL | T20 | $130,020 | $300,802 | PRESIDENT/TR | $42,000 | Same NTEE code T20, revenue within 2x, same state, similar name |
| THE HATFIELD FAMILY FOUNDATION INC | FL | T20 | $121,026 | $163,536 | Pres/Director | $0 | Same NTEE code T20, revenue within 2x, same state, similar name |
| MORRIS M RAND MEMORIAL FOUNDATION INC | FL | T20 | $119,794 | $75,039 | PRES-SEC-DIR | $8,000 | Same NTEE code T20, revenue within 2x, same state |
| JKV FAMILY FOUNDATION | FL | T20 | $128,104 | $112,349 | President | $0 | Same NTEE code T20, revenue within 2x, same state |
| GEORGE T & JOAN M BECK FOUNDATION INC | FL | T20 | $123,261 | $183,354 | DIRECTOR PRE | $0 | Same NTEE code T20, revenue within 2x, same state |
| FOSTER FAM FOUNDATION TR | FL | T20 | $127,426 | $122,601 | TRUSTEE | $0 | Same NTEE code T20, revenue within 2x, same state |
| THE@ETHEL AND HARRY RECKSON FOUNDATION INC | FL | T20 | $120,154 | $192,481 | DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state |
| KAY TORSHEN FOUNDATION | FL | T20 | $118,891 | $172,652 | DIRECTOR | $0 | Same NTEE code T20, revenue within 2x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $51,564 spent · pay $0 · grants $45,995 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $45,995 | 89.2% | |
| Other expenses | $5,134 | 10.0% | |
| Taxes | $435 | 0.8% | |
| Total | $51,564 | 100% |
2023 · Form 990PF · $233,512 spent · pay $20,000 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses | $212,117 | 90.8% | |
| Pay: officers, directors, trustees | $20,000 | 8.6% | |
| Taxes | $1,395 | 0.6% | |
| Total | $233,512 | 100% |
2022 · Form 990PF · $67,133 spent · pay $0 · grants $42,455 · events $7,409
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $42,455 | 63.2% | |
| Other expenses | $12,732 | 19.0% | |
| Travel, conferences and meetings | $7,409 | 11.0% | |
| Fees: accounting | $3,000 | 4.5% | |
| Taxes | $1,358 | 2.0% | |
| Interest | $179 | 0.3% | |
| Total | $67,133 | 100% |
2021 · Form 990PF · $19,844 spent · pay $0 · grants $19,670 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $19,670 | 99.1% | |
| Other expenses | $174 | 0.9% | |
| Total | $19,844 | 100% |
2020 · Form 990PF · $13,972 spent · pay $0 · grants $12,100 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $12,100 | 86.6% | |
| Fees: accounting | $1,250 | 8.9% | |
| Taxes | $461 | 3.3% | |
| Other expenses | $161 | 1.2% | |
| Total | $13,972 | 100% |
2019 · Form 990PF · $19,725 spent · pay $0 · grants $17,250 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $17,250 | 87.5% | |
| Fees: accounting | $1,250 | 6.3% | |
| Taxes | $1,225 | 6.2% | |
| Total | $19,725 | 100% |
State business registration
- AK FOUNDATION, INC. FL, Foreign nonprofit corporation (FORNP), Active, formed 2022-04-11
The same business name in the same state, from the state’s official registry data.
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