Aam Foundation
Preselected recipients only
Aam Foundation is a private foundation in Novato, California. In tax year 2024 it gave $11.5 million in 4 grants; the typical grant was $510,500 and the largest $10.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$11.5 million
- Number of grants4
- Typical grant$510,500
- Largest grant$10.5 million
- Assets$360 million
- New grantees25%
Giving in 2024 was up from $9.1 million the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $9.1 million | 4 | $57.4 million |
| 2024 | $11.5 million | 4 | $360 million |
How to apply
Aam Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 4 | $11.5 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Aam Foundation - Freedom Employability Academy | Education | $10.5 million |
| Blue Mountain Center of Meditation | Spirituality | $1.0 million |
| Litle Brothers - Friends of the Elderly | Eldercare | $3,000 |
| Partnerships for Change | Eldercare | $2,000 |
Officers and trustees
- Deepak Chopra
- Deepmala Chopra
Questions people ask
Does Aam Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Aam Foundation give?
$11.5 million in tax year 2024, across 4 grants, with a typical grant of $510,500.
Who runs Aam Foundation?
Its 2024 filing lists Deepak Chopra (President and Ceo) and Deepmala Chopra (Treasurer, Cfo and Secretary).