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EIN 04-3530777

Akamai Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Cambridge
State
Massachusetts
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Akamai Foundation is a private foundation located in Cambridge, MA, that primarily funds general and unrestricted grants, including a 25th anniversary fund and the YDO STEM Opportunity Pipeline for Lawrence youth. It honors co-founder Danny Lewin's spirit through community care days where Akamai employees volunteer together. The foundation made 107 grants last year to various organizations, including Northeastern University.
Total revenues
$-293,182
2023
Total expenses
$3,828,951
2023
Total assets
$64,061,737
2023
Num. employees
0
2023

Program areas at Akamai Foundation

Danny lewin community care days: Akamai employees work together to honor and celebrate co-founder danny lewin's spirit by giving back to local communities around the world

Grants made by Akamai Foundation

GranteeGrant descriptionAmount
Northeastern University (NU)Akamai Foundation A2m4tech Fund$250,000
Givinga Foundation25th Anniversary Fund$200,000
Emergency Assistance FoundationAkamai Compassion Fund$125,000
...and 82 more grants made totalling $2,357,468

Personnel at Akamai Foundation

NameTitleCompensation
Adam KaronChief Operating Officer and General Manager, Cloud
Ed McGowanExecutive Vice President, Chief Financial Officer
Kim Salem-JacksonDirector$0
Dr. Robert BlumofeEvp and Chief Technology Officer
Paul JosephExecutive Vice President, Global Sales and Services
...and 3 more key personnel

Financials for Akamai Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,640
Investment income and dividends$1,460,299
Net rental income$0
Net gain from sale of non-inventory assets$-1,761,119
Gross sales of inventory$0
Miscellaneous revenues$2,998
Total revenues$-293,182

Form 990s for Akamai Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-24990PFView PDF
2022-122023-11-12990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-10-14990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s
Data update history
December 5, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 27, 2024
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 23, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
145 Broadway
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
akamai.com/company/corporate-responsibility/akamai-foundation 
Phone
(800) 839-1754
IRS details
EIN
04-3530777
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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