Good Karma Foundation
Good Karma Foundation is a private foundation, based in San Rafael, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 5 grants totaling $265K. Net investment income was $292K.
Good Karma Foundation at a glance
In short: Good Karma Foundation gave $265K across 5 grants in 2024 (avg $53K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $265,000
- +562.5% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $53,000
- +297.5% vs 2023
- Median grant
- $20,000
- Total assets
- $6,271,181
- +19.5% vs 2023
- Primary geography
- California (15% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Good Karma Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was HRDS India ($200K). Together the top 5 received $265K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Good Karma Foundation gives
- Giving grew 3213% from 2021 to 2024. Method
- In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $8K (2021) to $265K (2024). In 2024 it made 5 grants totaling $265K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| HRDS India | To Support Charitable Programs | $200,000 |
| University of South Carolina Columbia, SC | To Support Charitable Programs | $25,000 |
| Pacifica Resource Center Pacifica, CA | To Support Charitable Programs. | $20,000 |
| Pacificans Care Pacifica, CA | To Support Charitable Programs. | $10,000 |
| Center for Domestic Peace San Rafael, CA | To Support Charitable Programs. | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,271,181 | $1,291,658 | $269,568 | $265,000 | 5 | $269,568 | $291,658 | $266,498 |
| 2023 | $5,249,091 | $1,333,876 | $40,200 | $40,000 | 3 | $40,200 | $83,876 | $265,503 |
| 2022 | $3,955,415 | $1,217,250 | $41,437 | $40,000 | 3 | $41,437 | — | $142,404 |
| 2021 | $2,779,602 | $1,245,100 | $10,363 | $8,000 | 1 | $10,363 | — | $81,492 |
| 2020 | $1,544,865 | $1,534,950 | $190 | — | — | — | — | $7,818 |
Under IRS private-foundation payout rules, Good Karma Foundation reported a distributable amount of $266K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Good Karma Foundation is led by Vasudev Narayanan, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Vasudev Narayanan
President
On filings since 2020
4 hrs/week
No compensation reported
May Wong
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Leslie Vandyke
Secretary
On filings since 2020
1.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Good Karma Foundation
How much does Good Karma Foundation give each year?
Good Karma Foundation gave $265K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 3 grants.
What is Good Karma Foundation's typical grant size?
Good Karma Foundation's median grant in 2024 was $20,000, and its average grant was $53,000, across 5 grants on its 2024 IRS Form 990-PF.
Where does Good Karma Foundation give grants?
Good Karma Foundation's top state is California, with 15% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was South Carolina (9%). The most frequent recipient cities were Pacifica, CA (2 grants).
Does Good Karma Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Good Karma Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Charitable Programs." (5 grants).
Who are Good Karma Foundation's largest grantees?
Good Karma Foundation's largest 2024 grantees include HRDS India ($200,000), University of South Carolina ($25,000) and Pacifica Resource Center ($20,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.
How large is Good Karma Foundation?
Good Karma Foundation reported $6.3M in total assets on its 2024 IRS Form 990-PF. It paid out $270K in qualifying distributions that year, against a required minimum of $266K (roughly 5% of its investment assets).
What is Good Karma Foundation's EIN?
Good Karma Foundation's EIN (Employer Identification Number) is 80-0316636. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Good Karma Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Good Karma Foundation's focus areas in our free grants database
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