Private Foundation

AKILA AND S SOMASEGAR FAMILY FOUNDATION

AKILA AND S SOMASEGAR FAMILY FOUNDATION is a Private Foundation headquartered in SEATTLE, WA. Financial data from the 2024 filing: $-10K revenue, $139K expenses, $545K total assets. IRS filings disclose 39 grants awarded by this foundation, totaling roughly $495K.

EIN: 464902242 SEATTLE, WA Latest filing: 2024

Total Revenue$-10K

Total Expenses$139K

Total Assets$545K

Grants Given39

Grant Total$495K

Filing Years2019–2024

Sample Grants Given

YMCA SEATTLE KING SNOHOMISH COUNTY

SEATTLE, WA · 2024

FOR EXEMPT PURPOSES

$50,000

UNITED NATIONS FOUNDATION

WASHINGTON, DC · 2024

FOR EXEMPT PURPOSES

$35,253

NON-TRADITIONAL EMPLOYMENT FOR WOMEN

NEW YORK, NY · 2024

FOR EXEMPT PURPOSES

$22,200

TRANSAL JLF SEATTLE

2024

FOR EXEMPT PURPOSES

$10,000

KEY INTERNATIONAL FOUNDATION

CHICAGO, IL · 2024

FOR EXEMPT PURPOSES

$8,000

Showing up to 5 of 39 total records — full history available with membership.

Officers & Directors

PRESIDENT Akila Somasegar

VICE PRESIDENT Sivaramakichenane Somasegar

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATING FUND

$243,497 26 grants

FOR EXEMPT PURPOSES

$224,103 12 grants

UNCORK THE NIGHT

$27,046 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$-10K	$139K	$545K
2023	$2.8M	$97K	$670K
2022	$6K	$26K	$328K
2020	$2K	$91K	$369K
2019	$47K	$90K	$440K

Between 2019 and 2024, reported annual revenue moved from $47K to $-10K, with total assets most recently reported at $545K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, IL, MD, NY, WA.

CADCILMDNYWA

Full geographic grant map with state-by-state breakdown available with membership.

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