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Washington · Private foundation

Akila and S Somasegar Family Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$132k
Granted FY2024(still arriving)
7
Grants FY2024
5
Organizations funded FY2023
60%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$10,000
Largest grant, FY2024
$50,000
Organizations funded a year
2 to 7
FY2017 to FY2023
States reached, FY2024
5
Total assets, FY2024
$545k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 60% of the organizations Akila and S Somasegar Family Foundation funded were first-time grantees, receiving 62% of its grant dollars.

New vs renewed · share of each year

In FY2023, 38% of grant dollars renewed an existing relationship; $57k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
InternationalHealthHuman ServicesArts & CultureFood & NutritionPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving7$132k71%
FY20235$92k60%
FY20222$20k0%
FY20216$136k33%
FY20207$90k43%
FY20197$87k57%
FY20183$33k33%
FY20174$40kn/a
93% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Human Services$289kInternational$161kHealth$55kEducation$50kEmployment$22kArts & Culture$6kFood & Nutrition$5kHousing & Shelter$1kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 15 grantees

Plus 7 recipients with no EIN on record ($238k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Akila and S Somasegar Family Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUnited Nations Foundation Inc: $136,354 over 5y, 0.1% of budgetOverlake Service League: $73,353 over 4y, 1.5% of budgetUniversity of Washington Foundation: $50,487 over 5y, 0.0% of budgetFred Hutchinson Cancer Research Center: $30,000 over 2y, 0.0% of budgetCenter for Disease Dynamics Economics & Policy Inc: $25,000 over 1y, 0.1% of budgetNontraditional Employment for Women: $22,200 over 1y, 0.6% of budgetLifeWire: $10,000 over 1y, 0.1% of budgetIndian American Community Services: $10,000 over 2y, 0.5% of budgetKey International Foundation: $8,000 over 1y, 5.1% of budgetThe Bhutan Foundation: $7,000 over 2y, 0.1% of budgetAkshaya Patra Foundation (Usa): $5,150 over 1y, 0.0% of budgetAssociation for Indias Development Inc: $5,000 over 1y, 0.2% of budgetSri Sathya Sai World Foundation: $5,000 over 1y, 0.8% of budgetSeattle Art Museum: $4,250 over 3y, 0.0% of budgetThe Sophia Way: $1,419 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 15.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Mani Charitable FoundationWA13.6× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Mani Charitable Foundation · Puget Sound Energy Foundation · Morgan Stanley Global Impact Funding Trust Inc · Vanguard Charitable Endowment Program · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · National Philanthropic Trust · American Online Giving Foundation Inc · American Endowment Foundation · Network for Good · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Akila and S Somasegar Family Foundation with peer funders

About Akila and S Somasegar Family Foundation

How much does Akila and S Somasegar Family Foundation give?
Akila and S Somasegar Family Foundation reported 7 grants totaling $131,953 in its FY2024 IRS filing. It funded between 2 and 7 organizations a year over FY2017 to FY2023.
What does Akila and S Somasegar Family Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Human Services (46%), International (26%), Health (9%).
Who are Akila and S Somasegar Family Foundation's largest grantees?
By total granted over FY2017 to FY2024: United Nations Foundation Inc ($136k), Overlake Service League ($73k), University of Washington Foundation ($50k).
Does Akila and S Somasegar Family Foundation fund new organizations?
In FY2023, 60% of the organizations it funded were first-time grantees.
Does Akila and S Somasegar Family Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Akila and S Somasegar Family Foundation?
Its strongest co-funders, measured against what their size predicts, include Mani Charitable Foundation, Puget Sound Energy Foundation, Morgan Stanley Global Impact Funding Trust Inc.
Where is Akila and S Somasegar Family Foundation based?
Akila and S Somasegar Family Foundation is based in WA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 22 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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