AI Summary
The AKARAMA FOUNDATION INC is a nonprofit organization dedicated to promoting community service through volunteerism and socially conscious activities. With an operating budget of $553.3K and total revenue of $662.9K for the 2024 filing year, it demonstrates a commitment to its mission without relying on a single funder for 50% or more of its revenue. The foundation operates in the realm of community service, focusing on fostering engagement and support within the community.
Mission Statement
TO PROMOTE COMMUNITY SERVICE THROUGH VOLUNTEERISM AND SOCIALLY CONSCIOUS ACTIVITIES.
Cause Areas
1
Foundations
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is AKARAMA FOUNDATION INC’s budget?
In 2024, AKARAMA FOUNDATION INC reported an annual operating budget of around $553 thousand. More detailed financial information is available to registered users.
What causes does AKARAMA FOUNDATION INC support?
AKARAMA FOUNDATION INC supports work in Foundations.
Where does AKARAMA FOUNDATION INC operate?
AKARAMA FOUNDATION INC is headquartered in Chicago, IL.
Who funded AKARAMA FOUNDATION INC recently?
In 2024, AKARAMA FOUNDATION INC received grants from The Chicago Community Trust, JPMORGAN CHASE FOUNDATION, and The Chicago Community Trust. More information on this organization’s funders is available to registered users.
What is the largest grant AKARAMA FOUNDATION INC received in 2024?
The largest grant to AKARAMA FOUNDATION INC in 2024 exceeds $25 thousand.