Good Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
+19.5% YoY
Annual Giving
$265K
+562.5% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$53K
+297.5% YoY
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.
About Good Karma Foundation
Based on IRS filings
Good Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | $6,271,181 | $5,249,091 | $3,955,415 |
| Revenue | $1,291,658 | $1,333,876 | $1,217,250 |
| Expenses | $269,568 | $40,200 | $41,437 |
| Qualifying Distributions | $269,568 | $40,200 | $41,437 |
| Net Investment Income | $291,658 | $83,876 | — |
| Distributable Amount | $266,498 | $265,503 | $142,404 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hrds India ($200,000), University of South Carolina ($25,000), Pacifica Resource Center ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PACIFICANS CARE PACIFICA, CA | TO SUPPORT CHARITABLE PROGRAMS. | $10,000 |
| PACIFICA RESOURCE CENTER PACIFICA, CA | TO SUPPORT CHARITABLE PROGRAMS. | $20,000 |
| CENTER FOR DOMESTIC PEACE SAN RAFAEL, CA | TO SUPPORT CHARITABLE PROGRAMS. | $10,000 |
| UNIVERSITY OF SOUTH CAROLINA COLUMBIA, SC | TO SUPPORT CHARITABLE PROGRAMS | $25,000 |
| HRDS INDIA | TO SUPPORT CHARITABLE PROGRAMS | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VASUDEV NARAYANAN | PRESIDENT | 4 | — |
| LESLIE VANDYKE | SECRETARY | 1.5 | — |
| MAY WONG | DIRECTOR | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Good Karma Foundation?
Good Karma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN RAFAEL, CA. It holds $6.3M in total assets as of 2024.
How large is Good Karma Foundation?
As of 2024, Good Karma Foundation holds $6.3M in total assets with $1.3M in annual revenue. It awarded 5 grants totaling $265K in 2024.
Where does Good Karma Foundation operate?
Good Karma Foundation has awarded grants in California, South Carolina.
What size grants does Good Karma Foundation award?
In 2024, Good Karma Foundation awarded 5 grants totaling $265K — an average of about $53K per grant, based on its IRS Form 990 filings.
How much is Good Karma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Good Karma Foundation reported a distributable amount of $266K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Good 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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