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EIN 36-3163279

Akarama Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
The Akarama Foundation promotes community service and socially conscious activities through programs that strengthen economic, educational, social, and emotional health. Scholarships and grants are awarded to students who are enrolled in accredited colleges or universities and in good academic standing based on letters of reference, ACT scores, and GPAs. The foundation also provides educational programs for academic enrichment.
Total revenues
$406,585
2023
Total expenses
$473,270
2023
Total assets
$1,422,406
2023
Num. employees
0
2023

Program areas at Akarama Foundation

Scholarships and grants are awarded based upon letters of references, act scores, and gpa's.the student must be enrolled in an accredited college or university and must be in good academic standing.educational programs that provide academic enrichment to students throughout the chicago area. Mentoring programs that provide at risk teenagers an opportunity to build self-esteem and encourage academic pursuit

Who funds Akarama Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support$59,000
John D and Catherine T MacArthur FoundationIn Support of General Operations.$1,889
JP Morgan Chase FoundationGeneral Operating Support$1,000

Personnel at Akarama Foundation

NameTitleCompensation
Felicia Stanton GrayPresident$0
Veletta L BellVice President$0
Elaine Smith SinghPresident

Financials for Akarama Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$368,077
Program services$0
Investment income and dividends$18
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$38,490
Total revenues$406,585

Form 990s for Akarama Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-09990View PDF
2022-122023-06-06990View PDF
2021-122022-06-27990View PDF
2020-122021-11-14990View PDF
2019-122021-02-24990View PDF
...and 9 more Form 990s
Data update history
December 22, 2024
Received grants
Identified 2 new grant, including a grant for $59,000 from The Chicago Community Trust
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $2,295 from John D and Catherine T Macarthur Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
6220 S Ingleside Ave
Chicago, IL 60637
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(773) 363-6220
IRS details
EIN
36-3163279
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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