Accepts applications
Can I apply?
Accepts applications
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
- How to apply
- Deadlines
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2024 return.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990-PF | $3,677,071 | $709,328 | $640,666 | $11,825,573 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 13% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| ERIC ZOU COWILLIAMSBURG, VA | SCHOLARSHIP | $10,000 | 2024 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel F Akerson | CHAIRMAN | 1 | $0 |
| Elizabeth C Akerson | DIR/TREAS | 1 | $30,000 |
| Gretchen E Akerson | VP/EXEC DIR | 8 | $67,000 |
| Keith D Akerson | DIR/SEC |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $11,825,573 |
| FY2023 | 990-PF | $2,611,981 | $545,933 | $525,268 | $10,224,459 | $10,224,459 |
| FY2022 | 990-PF | $994,527 | $563,271 | $506,032 | $9,000,059 | $9,000,059 |
| FY2021 | 990-PF | $7,853,078 | $271,809 | $265,554 | $8,573,648 | $8,573,648 |
| FY2020 | 990-PF | $165,078 | $266,884 | $263,960 | $4,022,585 | $4,022,585 |
| FY2018 | 990-PF | $746,360 | $598,362 | $593,029 | $4,622,101 | $4,622,101 |
| FY2017 | 990-PF | $285,054 | $908,401 | $904,853 | $4,475,859 | $4,475,859 |
| SCHOLARSHIP |
| $10,000 |
| 2024 |
| DIANA REQUENO COSWEET BRIAR, VA | SCHOLARSHIP | $10,000 | 2024 |
| RAWAN ALFADHLY COPHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2024 |
| DIANA REQUENO COSWEET BRIAR, VA | SCHOLARSHIP | $10,000 | 2023 |
| BROOKE SMITH COWASHINGTON, DC | SCHOLARSHIP | $10,000 | 2024 |
| MARIAMA SANGARE CO VIRGINIA TECHBlacksburg, VA | SCHOLARSHIP | $10,000 | 2022 |
| HOSAI RASULI COWASHINGTON, DC | SCHOLARSHIP | $10,000 | 2024 |
| BROOKE SMITH CO BOSTON UNIVERSITYBOSTON, MA | SCHOLARSHIP | $10,000 | 2022 |
| NAWAR SUHA COCHARLOTTESVILLE, VA | SCHOLARSHIP | $10,000 | 2023 |
| AZRA PEHLIVAN COBLACKSBURG, VA | SCHOLARSHIP | $10,000 | 2023 |
| MAHADR RAMIN COBLACKSBURG, VA | SCHOLARSHIP | $10,000 | 2024 |
| BIRUK YIGREM CO VIRGINIA COMMONWEALTHRICHMOND, VA | SCHOLARSHIP | $10,000 | 2021 |
| INDRA MUNGUNSUH CO COLUMBIACHICAGO, IL | SCHOLARSHIP | $10,000 | 2022 |
| AMARILDO MEMISHA COPHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2023 |
| LELEM LEMMA COCLEVELAND, OH | SCHOLARSHIP | $10,000 | 2024 |
| IRIS RODRIGUEZ RIVERA CORICHMOND, VA | SCHOLARSHIP | $10,000 | 2024 |
| ALISON AVELAR COPHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2024 |
| BROOKE SMITH COWASHINGTON, DC | SCHOLARSHIP | $10,000 | 2023 |
| BIRUK YIGREM CO VIRGINIA COMMONWEALTHRICHMOND, VA | SCHOLARSHIP | $10,000 | 2022 |
| FIRDOWSA MOHAMED COWASHINGTON, DC | SCHOLARSHIP | $10,000 | 2024 |
| JOCELYN ARGUETA MEDINA COCHARLOTTESVILLE, VA | SCHOLARSHIP | $10,000 | 2023 |
| BASSEM SLITI COARLINGTON, VA | SCHOLARSHIP | $10,000 | 2024 |
| KAREN VEIZAGA LOBO COPHILADELPHIA, PA | SCHOLARSHIP | $10,000 | 2024 |
| MOHAMMED AHNAF COBLACKSBURG, VA | SCHOLARSHIP | $10,000 | 2024 |
| 1 |
| $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.