Akers Foundation Inc

Charlotte, NC
Tax-exempt since Sept. 1957
EIN: 56-6044428

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$326k (2023)

Expenses

$292k (2023)

Total Assets

$1.3M (2023)

Total Liabilities

$0 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$325,515

Expenses

$292,109

Net Income

$33,406

Net Assets

$1,298,602

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$774	0.2%
Dividends	$103,569	31.8%
Sales of Assets	$221,172	67.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$270,000	92.4%
Compensation of Officers*	$13,000	4.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,298,602
Total Liabilities	$0
Net Assets	$1,298,602

Compensation

Key Employees and Officers	Compensation	Other
Calvin Scott Akers Jr (President)	$2,000	$0
John Frederick Akers Sr (Vice President)	$2,000	$0
Mary Catherine Hawes (Secretary)	$2,000	$0
George F Akers (Assoc Director)	$2,000	$0
John Frederick Akers Jr (Assoc Director)	$2,000	$0
Edmund Alex Hawes Jr (Assoc Director)	$2,000	$0
Calvin Scott Akers Iii (Assoc Director)	$1,000	$0

+ View more people

990-PF

Filed on May 9, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$191,451

Expenses

$243,108

Net Income

-$51,657

Net Assets

$1,265,196

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$170	0.1%
Dividends	$91,472	47.8%
Sales of Assets	$99,809	52.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$220,000	90.5%
Compensation of Officers*	$12,500	5.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,265,196
Total Liabilities	$0
Net Assets	$1,265,196

Compensation

Key Employees and Officers	Compensation	Other
Calvin Scott Akers Jr (President)	$3,000	$0
John Frederick Akers Sr (Vice President)	$3,000	$0
Mary Catherine Hawes (Secretary)	$3,000	$0
Calvin Scott Akers Iii (Assoc Director)	$1,000	$0
George F Akers (Assoc Director)	$1,000	$0
John Frederick Akers Jr (Assoc Director)	$1,000	$0
Edmund Alex Hawes Jr (Assoc Director)	$500	$0

+ View more people

990-PF

Filed on May 10, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$288,946

Expenses

$323,514

Net Income

-$34,568

Net Assets

$1,316,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$16	0.0%
Dividends	$86,034	29.8%
Sales of Assets	$202,896	70.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$302,535	93.5%
Compensation of Officers*	$13,000	4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,316,853
Total Liabilities	$0
Net Assets	$1,316,853

Compensation

Key Employees and Officers	Compensation	Other
C Scott Akers Jr (President)	$3,000	$0
Mary Catherine Hawes (Secretary)	$3,000	$0
John Frederick Akers (Vice President/Treas)	$3,000	$0
John Fred Akers Jr (Associate Director)	$1,000	$0
Alex Hawes (Associate Director)	$1,000	$0
George F Akers (Associate Director)	$1,000	$0
C Scott Akers Iii (Associate Director)	$1,000	$0

+ View more people

990-PF

Filed on May 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$258,862

Expenses

$317,310

Net Income

-$58,448

Net Assets

$1,351,511

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$91,064	35.2%
Sales of Assets	$167,798	64.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$301,437	95.0%
Compensation of Officers*	$10,500	3.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,351,512
Total Liabilities	$1
Net Assets	$1,351,511

Compensation

Key Employees and Officers	Compensation	Other
Mary Catherine Hawes (Secretary)	$3,000	$0
J Frederick Akers (Vice President/Treas)	$3,000	$0
C Scott Akers Jr (President)	$2,000	$0
George F Akers (Associate Director)	$1,000	$0
Fred Akers Jr (Associate Director)	$500	$0
Alex Hawes (Associate Director)	$500	$0
C Scott Akers Iii (Associate Director)	$500	$0

+ View more people

990-PF

Filed on Oct. 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$154,038

Expenses

$228,407

Net Income

-$74,369

Net Assets

$1,404,596

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$91,431	59.4%
Sales of Assets	$62,607	40.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$211,887	92.8%
Compensation of Officers*	$12,000	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,404,597
Total Liabilities	$1
Net Assets	$1,404,596

Compensation

Key Employees and Officers	Compensation	Other
C Scott Akers Jr (President)	$3,000	$0
Mary Catherine Hawes (Secretary)	$3,000	$0
J Frederick Akers (Vice President/Treas)	$3,000	$0
Fred Akers Jr (Associate Director)	$1,000	$0
Alex Hawes (Associate Director)	$1,000	$0
George F Akers (Associate Director)	$1,000	$0
C Scott Akers Iii (Associate Director)	$0	$0

+ View more people

990-PF

Filed on Sept. 22, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$98,105

Expenses

$234,997

Net Income

-$136,892

Net Assets

$1,478,966

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$87,276	89.0%
Sales of Assets	$10,829	11.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$216,240	92.0%
Compensation of Officers*	$12,500	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,478,966
Total Liabilities	$0
Net Assets	$1,478,966

Compensation

Key Employees and Officers	Compensation	Other
C Scott Akers Jr (President)	$0	$0
Mary Catherine Hawes (Secretary)	$0	$0
J Frederick Akers (Vice President/Treas)	$0	$0

990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$170,631

Expenses

$221,310

Net Income

-$50,679

Net Assets

$1,615,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$86,272	50.6%
Sales of Assets	$84,359	49.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$200,000	90.4%
Compensation of Officers*	$12,000	5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,615,858
Total Liabilities	$0
Net Assets	$1,615,858

Compensation

Key Employees and Officers	Compensation	Other
C Scott Akers Jr (President)	$4,000	$0
Mary Catherine Hawes (Secretary)	$4,000	$0
J Frederick Akers (Vice President/Treas)	$4,000	$0

990-PF

Filed on Sept. 18, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$144,739

Expenses

$186,375

Net Income

-$41,636

Net Assets

$1,650,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6	0.0%
Dividends	$82,197	56.8%
Sales of Assets	$62,536	43.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$182,350	97.8%
Compensation of Officers*	$12,000	6.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,650,007
Total Liabilities	$0
Net Assets	$1,650,007

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$144,841

Expenses

$181,017

Net Income

-$36,176

Net Assets

$1,691,643

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.0%
Dividends	$78,103	53.9%
Sales of Assets	$66,730	46.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$176,725	97.6%
Compensation of Officers*	$14,000	7.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,691,643
Total Liabilities	$0
Net Assets	$1,691,643

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$117,737

Expenses

$173,894

Net Income

-$56,157

Net Assets

$1,727,819

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.0%
Dividends	$73,738	62.6%
Sales of Assets	$43,991	37.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$169,925	97.7%
Compensation of Officers*	$10,000	5.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,727,819
Total Liabilities	$0
Net Assets	$1,727,819

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$118,578

Expenses

$161,709

Net Income

-$43,131

Net Assets

$1,783,976

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6	0.0%
Dividends	$67,475	56.9%
Sales of Assets	$51,097	43.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$158,570	98.1%
Compensation of Officers*	$8,000	4.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,783,976
Total Liabilities	$0
Net Assets	$1,783,976

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$84,166

Expenses

$157,149

Net Income

-$72,983

Net Assets

$1,827,107

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,375	4.0%
Interest Revenue	$13	0.0%
Dividends	$60,365	71.7%
Sales of Assets	$20,413	24.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$155,985	99.3%
Compensation of Officers*	$11,000	7.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,827,107
Total Liabilities	$0
Net Assets	$1,827,107

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated September 25, 2025

Akers Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $326k (2023)

Expenses $292k (2023)

Total Assets $1.3M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$326k (2023)

Expenses

$292k (2023)

Total Assets

$1.3M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001