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Nonprofit · EIN 04-3530777

AKAMAI FOUNDATION INC

Tax-exempt · CAMBRIDGE, MA 02142

Financials

−$293K$3.8M2023$2.2M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of AKAMAI FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,173,703$3,600,312-$1,426,609$62,635,128$0$62,635,128
December 31, 2023990-PF-$293,182$3,828,951-$4,122,133$64,061,737$0$64,061,737
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$1,859,051
Interest
$57,893
Net gain from sales of assets
$248,870
Other income
$7,889

Expenses

Grants and similar amounts paid
$2,696,840
Compensation of officers, directors and key employees
$260,391
Disbursements for charitable purposes
$3,434,713
Excise tax on investment income
$28,223

Balance sheet and other

Total assets, start of year
$64,061,737
Total assets, end of year
$62,635,128
Total liabilities, end of year
$0
Net assets, end of year
$62,635,128
Fair market value of assets
$73,368,870
Qualifying distributions
$3,434,713
Net investment income
$2,173,703

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Kara DiGiacomo
145 Broadway, Cambridge, MA 02142
Assistant Sec, Exec dir40$260,391$50,237
Natalie Billingham
145 Broadway, Cambridge, MA 02142
Dir1$0$0
George Conrades
145 Broadway, Cambridge, MA 02142
Dir1$0$0
James Kretchmar
145 Broadway, Cambridge, MA 02142
Dir1$0$0
F Thomson Leighton
145 Broadway, Cambridge, MA 02142
Dir1$0$0
Prasad Mandava
145 Broadway, Cambridge, MA 02142
Dir1$0$0
David Neshat
145 Broadway, Cambridge, MA 02142
Treas1$0$0
Kim Salem-Jackson
145 Broadway, Cambridge, MA 02142
Dir1$0$0
Saskia Schwartz
145 Broadway, Cambridge, MA 02142
Sec1$0$0
Khalil Smith
145 Broadway, Cambridge, MA 02142
Pres1$0$0
Lauren Van Wazer
145 Broadway, Cambridge, MA 02142
Dir1$0$0
Anthony Williams
145 Broadway, Cambridge, MA 02142
Dir1$0$0
990-PF for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
KARA DIGIACOMO
145 Broadway, Cambridge, MA 02142
EXECUTIVE DIRECTOR
Highest-paid employee
40$212,787$63,072
Natalie Billingham
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
George Conrades
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
Kara DiGiacomo
145 BROADWAY, Cambridge, MA 02142
Assistant Sec1$0$0
James Kretchmar
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
F Thomson Leighton
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
Prasad Mandava
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
David Neshat
145 BROADWAY, Cambridge, MA 02142
Treas1$0$0
Kim Salem-Jackson
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
Saskia Schwartz
145 BROADWAY, Cambridge, MA 02142
Sec1$0$0
Khalil Smith
145 BROADWAY, Cambridge, MA 02142
Pres1$0$0
Lauren Van Wazer
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
Anthony Williams
145 BROADWAY, Cambridge, MA 02142
Dir1$0$0
RACHEL LIPTON
145 BROADWAY, Cambridge, MA 02142
SEC1$0$0

Address and contacts

Address (IRS master file)
145 BROADWAY, CAMBRIDGE, MA 02142-1058
In care of
% KARA DIGIACOMO
Signed the 990-PF
David Neshat, Treasurer
Phone
(800) 839-1754
Return prepared by
Foundation Source

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3530777
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$62,635,128
Income (IRS master file)
$25,154,351

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,173,703$3,600,312$62,635,128IRS
990-PFDecember 2023-$293,182$3,828,951$64,061,737XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3530777).

Questions about AKAMAI FOUNDATION INC

What is the EIN of AKAMAI FOUNDATION INC?
The employer identification number (EIN) of AKAMAI FOUNDATION INC is 04-3530777.
Is AKAMAI FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to AKAMAI FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does AKAMAI FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of AKAMAI FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AKAMAI FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of AKAMAI FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $260,391 (Kara DiGiacomo, Assistant Sec, Exec dir).
How much revenue does AKAMAI FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,173,703, expenses of $3,600,312 and total assets of $62,635,128 at year end.

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