Dharma Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.1M in total assets. In 2024, it awarded 2 grants totaling $300K. Net investment income was $146K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.1M
-11.1% YoY
Annual Giving
$300K
-82.2% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$150K
-46.5% YoY
Under IRS private-foundation payout rules, Dharma Karma Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About Dharma Karma Foundation
Based on IRS filings
Dharma Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.1M in total assets. In 2024, it awarded 2 grants totaling $300K. Net investment income was $146K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,110,775 | $24,880,015 | $25,932,826 |
| Revenue | $-359,811 | $1,216,590 | $4,285,381 |
| Expenses | $2,403,444 | $2,275,386 | $1,747,159 |
| Qualifying Distributions | $2,219,732 | $1,846,714 | $1,375,202 |
| Net Investment Income | $146,291 | $821,018 | $3,967,724 |
| Distributable Amount | $1,232,895 | $1,576,293 | $1,675,814 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Arizona State University Foundation for a New Amer ($200,000), Arizona State University Foundation for a New Amer ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER TEMPE, AZ | General & Unrestricted | $200,000 |
| ARIZONA STATE UNIVERSITY FOUNDATION FOR A NEW AMER TEMPE, AZ | To advance research in the area of carbon dioxide removal, and to benefit the center for negative carbon emissions at ASU | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Arvind Peter Relan | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Dharma Karma Foundation?
Dharma Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $22.1M in total assets as of 2024.
How large is Dharma Karma Foundation?
As of 2024, Dharma Karma Foundation holds $22.1M in total assets with $-359,811 in annual revenue. It awarded 2 grants totaling $300K in 2024.
Where does Dharma Karma Foundation operate?
Dharma Karma Foundation has awarded grants in Arizona, California, New York.
What size grants does Dharma Karma Foundation award?
In 2024, Dharma Karma Foundation awarded 2 grants totaling $300K — an average of about $150K per grant, based on its IRS Form 990 filings.
How much is Dharma Karma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dharma Karma Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dharma Karma Foundation's EIN?
Dharma Karma Foundation's EIN (Employer Identification Number) is 83-1495133. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dharma Karma Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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