Aelk Foundation Inc

Organization Overview

Aelk Foundation Inc is located in Austin, TX. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aelk Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Aelk Foundation Inc generated $1.4m in total revenue. All expenses for the organization totaled $367.1k during the year ending 12/2021. While expenses have increased by 45.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Aelk Foundation Inc has awarded 46 individual grants totaling $1,243,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $606,700
Interest on Savings $13
Dividends & Interest $106,837
Net Rental Income$0
Net Gain on Sale of Assets $663,229
Capital Gain Net Income $663,229
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,376,779

Grants Awarded

Over the last fiscal year, Aelk Foundation Inc has awarded $335,000 in support to 7 organizations.

Grant RecipientAmount

MULTICULTERAL REFUGEE COALITION

Org PageRecipient Profile

Austin, TX

PURPOSE: TO SUPPORT THE ORGANIZATION

$110,000

Del Valle, TX

PURPOSE: TO SUPPORT THE ORGANIZATION

$70,000

URBAN ROOTS

PURPOSE: TO SUPPORT THE ORGANIZATION

$55,000

GOOD WORK AUSTIN

PURPOSE: TO SUPPORT THE ORGANIZATION

$55,000

San Francisco, CA

PURPOSE: TO SUPPORT THE ORGANIZATION

$30,000

WORLD CENTRAL KITCHEN

PURPOSE: TO SUPPORT THE ORGANIZATION

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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