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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Kavitha Palani PRESIDENT/DI2019-2024 $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.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Arul Murugan TREASURER/DI2019-2024 1 $0 reported 1

People by year

2024 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ARUL MURUGAN TREASURER/DI1 $0-$0 $01
KAVITHA PALANI PRESIDENT/DI1 $0-$0 $01
2023 · 2 people listed · 1 paid, $20K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
KAVITHA PALANI PRESIDENT/DI1 $20,000-$0 $20,0001
ARUL MURUGAN TREASURER/DI1 $0-$0 $01
2022 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ARUL MURUGAN TREASURER/DI1 $0-$0 $01
KAVITHA PALANI PRESIDENT/DI1 $0-$0 $01
2021 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ARUL MURUGAN TREASURER/DI1 $0-$0 $01
KAVITHA PALANI PRESIDENT/DI2 $0-$0 $01
2020 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ARUL MURUGAN TREASURER/DI1 $0-$0 $01
KAVITHA PALANI PRESIDENT/DI2 $0-$0 $01
2019 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
ARUL MURUGAN TREASURER/DI0 $0-$0 $01
KAVITHA PALANI PRESIDENT/DI0 $0-$0 $01

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
#ContributorTypeCity, stateTotalNoncashSource
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
#ContributorTypeCity, stateTotalNoncashSource
1 ELEVEN ELEVEN ALGO CI LTD Organization or other CORAL GABLES, FL $90,651$90,651 Form 990PF Sch. B, 2022 · filing
2 WYETH HOLDINGS PTY LTD Organization or other BALLINA, NEW SOUTH WALES $67,656$67,656 Form 990PF Sch. B, 2022 · filing
2021 · 2 contributors · $517K
#ContributorTypeCity, stateTotalNoncashSource
1 ARUL KAVITHA MURUGAN Person MIAMI BEACH, FL $500,000- Form 990PF Sch. B, 2021 · filing
2 ELEVEN ELEVEN ALGO CI LTD Organization or other MIAMI BEACH, FL $16,589$16,589 Form 990PF Sch. B, 2021 · filing

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.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$124,627$51,564 $1,661,983$1,472,219 $8,229- ---
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$156,135$233,512 $993,114$761,152 $40,329- $20,000--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$346,545$67,133 $838,535$838,535 $312,833- ---
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$666,150$19,844 $977,163$977,163 $626,222- ---
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$37,500$13,972 $340,113$340,113 -- ---
2019 · Form 990PF period ending 2019-12-31 · view filing · original 990 ↗
$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)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
AZOULAY FOUNDATION INCFLT20 $124,330$24 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state, similar name
SEIDLER FOUNDATION INCFLT20 $126,932$166,077 PRESIDENT$0 Same NTEE code T20, revenue within 2x, same state, similar name
CUTWATER FOUNDATION INCFLT20 $131,149$77,634 President$0 Same NTEE code T20, revenue within 2x, same state, similar name
OLENA DUDA FOUNDATION INCFLT20 $118,598$13,625 PRESIDENT$0 Same NTEE code T20, revenue within 2x, same state, similar name
ROSSI FAMILY FOUNDATION INCFLT20 $125,161$893 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state, similar name
WEISS FAMILY FOUNDATION INCFLT20 $122,367$73,030 PRESIDENT$0 Same NTEE code T20, revenue within 2x, same state, similar name
BATES FAMILY FOUNDATION INCFLT20 $129,135$242,338 PRESIDENT$100,000 Same NTEE code T20, revenue within 2x, same state, similar name
D & E FOUNDATIONFLT20 $129,430$80,417 President$0 Same NTEE code T20, revenue within 2x, same state, similar name
THE MESHBERG FOUNDATION INCFLT20 $122,735$210,780 PRESIDENT/TREASURER/DIRECT$0 Same NTEE code T20, revenue within 2x, same state, similar name
MORRIS FAMILY FOUNDATION INCFLT20 $119,581$75,377 Pres/DIR$6,000 Same NTEE code T20, revenue within 2x, same state, similar name
SAFDAR FAMILY FOUNDATION INCFLT20 $130,608$53,012 Director$0 Same NTEE code T20, revenue within 2x, same state, similar name
WLSR FOUNDATIONFLT20 $126,490$170,942 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state, similar name
DONEGAL FAMILY FOUNDATION INCFLT20 $125,992$93,628 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state, similar name
SOILEAU FAMILY FOUNDATION INCFLT20 $120,000$47,836 President$0 Same NTEE code T20, revenue within 2x, same state, similar name
BREGMAN FAMILY FOUNDATION INCFLT20 $131,284$8,069 Director$0 Same NTEE code T20, revenue within 2x, same state, similar name
GUBELMANN FAMILY FOUNDATION INCFLT20 $124,919$245,556 SEC/TRES$0 Same NTEE code T20, revenue within 2x, same state, similar name
GRACE FOUNDATION OF DESTIN INCFLT20 $124,989$130,496 Trustee$0 Same NTEE code T20, revenue within 2x, same state, similar name
JULIUS FLEISCHMAN FOUNDATION INCFLT20 $130,020$300,802 PRESIDENT/TR$42,000 Same NTEE code T20, revenue within 2x, same state, similar name
THE HATFIELD FAMILY FOUNDATION INCFLT20 $121,026$163,536 Pres/Director$0 Same NTEE code T20, revenue within 2x, same state, similar name
MORRIS M RAND MEMORIAL FOUNDATION INCFLT20 $119,794$75,039 PRES-SEC-DIR$8,000 Same NTEE code T20, revenue within 2x, same state
JKV FAMILY FOUNDATIONFLT20 $128,104$112,349 President$0 Same NTEE code T20, revenue within 2x, same state
GEORGE T & JOAN M BECK FOUNDATION INCFLT20 $123,261$183,354 DIRECTOR PRE$0 Same NTEE code T20, revenue within 2x, same state
FOSTER FAM FOUNDATION TRFLT20 $127,426$122,601 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
THE@ETHEL AND HARRY RECKSON FOUNDATION INCFLT20 $120,154$192,481 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state
KAY TORSHEN FOUNDATIONFLT20 $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).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
THE TONAMORA FOUNDATION XXX-XX-XXXX $1,742,1861 1Private foundation2022–2022 TONAMORA FOUNDATION INC
DONOR ADVISED CHARITABLE GIVING $57,4507 2DAF sponsor2016–2024 THE RON AND DIANNE FARB CLIMB FOR CANCER FOUNDATION INC; THE CHAMPIONS FUND INC
COMMUNITIES FOUNDATION OF TEXAS $47,8531 1DAF sponsor2024–2024 RHSB FOUNDATION INC
FORGOOD INC $43,0273 1DAF sponsor2011–2013 THE CHAMPIONS FUND INC
NATIONAL CHRISTIAN CHARITABLE FOUNDATION $33,3006 2DAF sponsor2012–2018 THE CHAMPIONS FUND INC; THE RON AND DIANNE FARB CLIMB FOR CANCER FOUNDATION INC
COLUMBUS FOUNDATION $17,0002 1DAF sponsor2016–2020 THE CHAMPIONS FUND INC
COMMUNITY FOUNDATION OF TAMPA BAY INC $11,1921 1DAF sponsor2013–2013 THE CHAMPIONS FUND INC
E & S VAN HOUTEN MEMORIAL FUND $10,0001 1Private foundation2024–2024 CENTER FOUNDATION INC
HELEN GREATHOUSE CHARITABLE TRUST $10,0001 1Private foundation2024–2024 CENTER FOUNDATION INC
FJC $8,0751 1DAF sponsor2022–2022 UJA-ADD FOUNDATION INC
PAYPAL CHARITABLE GIVING FUND $5,3451 1DAF sponsor2018–2018 THE RON AND DIANNE FARB CLIMB FOR CANCER FOUNDATION INC
SNIDER FOUNDATION $5,0001 1Private foundation2023–2023 THE CHAMPIONS FUND INC
ENID STORM DWYER FOUNDATION $4,6971 1Private foundation2025–2025 CENTER FOUNDATION INC
BANK OF AMERICA CHARITABLE FOUNDATION INC $3,5004 2Private foundation2012–2014 THE RON AND DIANNE FARB CLIMB FOR CANCER FOUNDATION INC; THE CHAMPIONS FUND INC
MUTUAL OF AMERICA FOUNDATION $1,6402 1Private foundation2019–2022 TOMMY BRULL FOUNDATION INC

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
LineAs describedTotalShare
Contributions, gifts, grants paid $45,995 89.2%
Other expenses $5,134 10.0%
Taxes $435 0.8%
Total$51,564100%

View the filing

2023 · Form 990PF · $233,512 spent · pay $20,000 · grants $0 · events $0
LineAs describedTotalShare
Other expenses $212,117 90.8%
Pay: officers, directors, trustees $20,000 8.6%
Taxes $1,395 0.6%
Total$233,512100%

View the filing

2022 · Form 990PF · $67,133 spent · pay $0 · grants $42,455 · events $7,409
LineAs describedTotalShare
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$67,133100%

View the filing

2021 · Form 990PF · $19,844 spent · pay $0 · grants $19,670 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $19,670 99.1%
Other expenses $174 0.9%
Total$19,844100%

View the filing

2020 · Form 990PF · $13,972 spent · pay $0 · grants $12,100 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $12,100 86.6%
Fees: accounting $1,250 8.9%
Taxes $461 3.3%
Other expenses $161 1.2%
Total$13,972100%

View the filing

2019 · Form 990PF · $19,725 spent · pay $0 · grants $17,250 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $17,250 87.5%
Fees: accounting $1,250 6.3%
Taxes $1,225 6.2%
Total$19,725100%

View the filing

State business registration

The same business name in the same state, from the state’s official registry data.

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