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Aam Foundation is a private corporation based in NOVATO, CA. The foundation received its IRS ruling in 2000. The principal officer is % Deepak Chopra. It holds total assets of $344.4M. Annual income is reported at $412.9M. AAM FOUNDATION DIRECTLY FUNDS FREEDOM ENGLISH ACADEMY TO PROVIDE LARGE-SCALE COACHING FOR PROFESSIONAL JOBS TO DISADVANTAGED YOUTH IN INDIA. PURCHASES AND PROVIDES CURRICULUM MATERIAL, TEACHER TRAINING, MENTORSHIP PROGRAMS AND OTHER ONLINE TOOLS. According to available records, Aam Foundation has made 11 grants totaling $28M, with a median grant of $88K. Annual giving has grown from $88K in 2020 to $9.1M in 2023. Grantmaking activity was highest in 2022 with $13.3M distributed across 4 grants. Individual grants have ranged from $4K to $9M, with an average award of $2.5M. The foundation has supported 4 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
AAM FOUNDATION DIRECTLY FUNDS FREEDOM ENGLISH ACADEMY TO PROVIDE LARGE-SCALE COACHING FOR PROFESSIONAL JOBS TO DISADVANTAGED YOUTH IN INDIA. PURCHASES AND PROVIDES CURRICULUM MATERIAL, TEACHER TRAINING, MENTORSHIP PROGRAMS AND OTHER ONLINE TOOLS.
Expenses: $4.6M
AAM FOUNDATION DIRECTLY FUNDS FREEDOM ENGLISH ACADEMY TO PROVIDE LARGE-SCALE COACHING FOR PROFESSIONAL JOBS TO DISADVANTAGED YOUTH IN INDIA. PURCHASES AND PROVIDES CURRICULUM MATERIAL, TEACHER TRAINING, MENTORSHIP PROGRAMS AND OTHER ONLINE TOOLS. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA.
Aam Foundation has distributed a total of $28M across 11 grants. The median grant size is $88K, with an average of $2.5M. Individual grants have ranged from $4K to $9M.
Aam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Aam Foundation is headquartered in NOVATO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deepak Chopra | PRESIDENT AND CEO | $0 | $0 | $0 |
| Deepmala Chopra | TREASURER, CFO AND SECRETARY | $0 | $0 | $0 |
Total Giving
$9.3M
Total Assets
$55.9M
Fair Market Value
$57.4M
Net Worth
$55.9M
Grants Paid
$9.1M
Contributions
$25M
Net Investment Income
$753K
Distribution Amount
$2.4M
Total: $47.2M
Total Grants
11
Total Giving
$28M
Average Grant
$2.5M
Median Grant
$88K
Unique Recipients
4
Most Common Grant
$88K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aam Foundation - Freedom Employability AcademyEDUCATION | Novato, CA | $9M | 2023 |
| Blue Mountain Center Of MeditationSPIRITUALITY | Tomales, CA | $108K | 2023 |
| Homeward BoundEMERGENCY SHELTER FOR HOMELESS FAMILIES | Novato, CA | $5K | 2023 |
| Litle Brothers - Friends Of The ElderlyELDERCARE | San Francisco, CA | $4K | 2023 |
Other foundations that have funded Aam Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Aam Foundation | $9M | 2023 | EDUCATION |
| Aam Foundation | $6.5M | 2022 | EDUCATION |
| Aam Foundation | $6.5M | 2022 | EDUCATION |
| Analog Devices Foundation | $250 | 2022 | GENERAL SUPPORT |
| Analog Devices Foundation | $250 |
STOWE, VT
CEDAR GROVE, NJ
BROOKLYN, NY
BROOKLYN, NY
TAMPA, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| GENERAL SUPPORT |
| Aam Foundation | $5.4M | 2021 | EDUCATION |
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