Funder DirectoryAKILA AND S SOMASEGAR FAMILY FOUNDATION
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Private foundation (trust)EIN 464902242Est. 2015-06

AKILA AND S SOMASEGAR FAMILY FOUNDATION

SEATTLE, WA 98104

Total Assets

$5.8M

FY 2024

Annual Giving

$132K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$19K

FY 2024

Grant Range

$2K–$50K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Expenses

$139K

Qualifying Distributions

$136K

Distributable Amount

$274K

Min. Investment Return

$275K

Undistributed Income

$48K

Payout rate 49%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.49%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $2K through median $10K to maximum $50K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $132K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

26 grants

UNITED NATIONS FOUNDATION
$76K
5 grants
YMCA SEATTLE KING SNOHOMISH COUNTY
$50K
1 grant
YWCA SEATTLE KING SNOHOMISH COUNTY
$50K
1 grant
YMCA SEATTLE KING COUNTY
$35K
2 grants
FRED HUTCHINSON CANCER RESEARCH CENTER
$30K
2 grants
NON-TRADITIONAL EMPLOYMENT FOR WOMEN
$22K
1 grant
BELLEVUE LIFESPRING
$20K
2 grants
UNIVERSITY OF WASHINGTON FOUNDATION
$20K
2 grants

Grant Size Distribution

26 grants

<$10K
15
grants
$10–50K
11
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Washington
$232K
65% of total
District of Columbia
$81K
23% of total
New York
$22K
6% of total
California
$10K
3% of total
Illinois
$8K
2% of total
Maryland
$5K
1% of total

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AKILA AND S SOMASEGAR FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo