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The Aiko Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $9.9M. Annual income is reported at $5.2M. Total assets have grown from $2.4M in 2021 to $5.7M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Illinois, California and New York. According to available records, The Aiko Foundation has made 29 grants totaling $673K, with a median grant of $15K. Annual giving has grown from $181K in 2021 to $242K in 2023. Grantmaking activity was highest in 2022 with $250K distributed across 12 grants. Individual grants have ranged from $1K to $125K, with an average award of $23K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Illinois, California, New York, which account for 79% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$36K
Largest Grant
$125K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Aiko Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in IL, CA, NY.
The Aiko Foundation has distributed a total of $673K across 29 grants. The median grant size is $15K, with an average of $23K. Individual grants have ranged from $1K to $125K.
The Aiko Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Aiko Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald G Macpherson | Dir, Sec | $0 | $0 | N/A |
| Kimberli Macpherson | Dir, Pres, Treas | $0 | $0 | N/A |
Total Giving
$291K
Total Assets
$5.7M
Fair Market Value
$5.9M
Net Worth
$5.7M
Grants Paid
$242K
Contributions
$1M
Net Investment Income
$73K
Distribution Amount
$237K
Total Grants
29
Total Giving
$673K
Average Grant
$23K
Median Grant
$15K
Unique Recipients
16
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Whitman College Board Of TrusteesGeneral & Unrestricted | Walla Walla, WA | $50K | 2023 |
| Museum Of Science And IndustryGeneral & Unrestricted | Chicago, IL | $50K | 2023 |
| Stanford UniversityGeneral & Unrestricted | Stanford, CA | $25K | 2023 |
| Loyola Marymount UniversityDonation for the Seaver School of Engineering | Los Angeles, CA | $25K | 2023 |
| Family Matters IncGeneral & Unrestricted | Chicago, IL | $25K | 2023 |
| 826chi Inc NfpGeneral & Unrestricted | Chicago, IL | $15K | 2023 |
| Northwestern UniversityGeneral & Unrestricted | Evanston, IL | $15K | 2023 |
| Glencoe Union ChurchGeneral & Unrestricted | Glencoe, IL | $15K | 2023 |
| One World SurgeryGeneral & Unrestricted | Birmingham, AL | $10K | 2023 |
| Communities In Schools Of ChicagoGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| Cradles To Crayons IncGeneral & Unrestricted | Chicago, IL | $5K | 2023 |
| 626 Landmark FoundationGeneral & Unrestricted | Chicago, IL | $2K | 2023 |
| United States Fund For UnicefGeneral & Unrestricted | New York, NY | $25K | 2022 |
| Family Scholar House IncGeneral & Unrestricted | Louisville, KY | $5K | 2022 |
| Service Club Of ChicagoGeneral & Unrestricted | Chicago, IL | $5K | 2021 |
| Marin Promise PartnershipGeneral & Unrestricted | San Rafael, CA | $1K | 2021 |