Good Karma I Foundation

PORT CHARLOTTE, FL EIN: 90-0892456

Good Karma I Foundation is a private foundation, based in PORT CHARLOTTE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 11 grants totaling $120K. Net investment income was $75K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-2.8% YoY

Annual Giving

$120K

+140.0% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$11K

+118.2% YoY

Under IRS private-foundation payout rules, Good Karma I Foundation reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.

About Good Karma I Foundation

Based on IRS filings

Good Karma I Foundation is a private foundation, based in PORT CHARLOTTE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 11 grants totaling $120K. Net investment income was $75K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+3 more states

Cities

Cedar RdgeCharlotte AmalieDavieGainesvilleHohenwaldMelbourneMetamoraN ChesterfieldN Ft MyersNaplesOdessaReselle ParkRoyal Palm BeachSaint CloudSanta MonicaSt ThomasStjohnsWellesleyWellingtonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64K$129K$193K$257K20202021202220232024
Metric202420232022
Total Assets$2,387,479$2,456,824$2,498,781
Revenue$133,631$98,098$50,091
Expenses$203,683$140,055$142,822
Qualifying Distributions$145,000$75,000$75,000
Net Investment Income$74,948$41,043
Distributable Amount$118,249$134,980$143,914

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$77K$115K$153K18 grants202015 grants202113 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PROJECT ESPERANZA 11-377…$18KRIDING TO THE TOP$15KCFVI - CANCER SUPPORT$13KOFF THE ROCKS ANIMAL RES…$13KPETS WITH WINGS INC$13KUNITED JAZZ FOUNDATION &…$12KPEACEFUL RIDGE RESCUE INC$11KTHE ELEPHANT SANCTUARY$9KTHE ANIMAL RESCUE LEAGUE$7KTOUCH OF GREY RESCUE$7K

Grant Size Distribution

67 grants across all recorded years

67<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Project Esperanza 11-3776448 ($18,000), Riding to the Top ($15,000), Cfvi - Cancer Support ($13,000).

RecipientPurposeAmount
CFVI - CANCER SUPPORT CHARLOTTE AMALIE, VITO SUPPORT CANCER PATIENTS AND RESEARCH.$13,000
OFF THE ROCKS ANIMAL RESCUE INC 82-4438918 WELLESLEY, MAPROVIDING CARE AND SHELTER FOR ANIMALS IN NEED$13,000
PROJECT ESPERANZA 11-3776448 WINCHESTER, VAPROVIDING HAITIAN IMMIGRANTS EDUCATION, SOCIAL AID, COMMUNITY DEVELOPMENT$18,000
RIDING TO THE TOP WINDHAM, METHERAPEUTIC HORSEBACK RIDING SERVICES FOR CHILDREN AND ADULTS WITH DISABILITIES.$15,000
UNITED JAZZ FOUNDATION & MENTORING 30-0766845 ST THOMAS, VIPROVIDE MUSIC EDUCATION AND MENTORING TO UNDERSERVED YOUTH.$12,000
THE ANIMAL RESCUE LEAGUE METAMORA, MITHE ANIMAL RESCUE LEAGUE IS COMMITTED TO AIDING ANIMALS THAT ARE IN NEED AND AT RISK. WE ALSO HELP LIKE MINDED ANIMAL RESCUE ORGANIZATIONS HELP END ANIMAL SUFFERING. WE HAVE RESCUED A SINGLE ANIMAL TO HUNDREDS AT A TIME. OUR COMPASSION HAS NO LIMITS DOING WHATEVER IS NECESSARY TO GIVE AN ANIMAL IN NEED THE LIFE THEY DESERVE.$7,000
TOUCH OF GREY RESCUE MELBOURNE, FLTO PROVIDE FOSTER, RE-HOMING AND HOSPICE CARE TO SENIOR AND SPECIAL NEEDS DOGS RESIDING IN SHELTERS OR LEFT BEHIND BY THEIR OWNERS.$7,000
OWLS NEST SANCTUARY FOR WILDLIFE ODESSA, FLTHROUGH THE EFFORTS OF OUR VOLUNTEERS, WE PROVIDE RESCUE, REHABILITATION, AND CARE FOR ALL NATIVE FLORIDA WILDLIFE. WE ALSO STRIVE TO PROVIDE OPPORTUNITIES FOR PUBLIC EDUCATION AND COMMUNITY OUTREACH.$2,000
PEACEFUL RIDGE RESCUE INC DAVIE, FLOUR MISSION IS TO FIND LOVING HOMES FOR OUR HORSES. LET US KNOW IF YOU ARE INTERESTED IN GIVING A RESCUED HORSE A NEW LIFE.$11,000
PETS WITH WINGS INC ST THOMAS, VITO TRANSPORT AS MANY HOMELESS ANIMALS AS POSSIBLE FROM THE HUMANE SOCIETY OF STT AND THE SURROUNDING COMMUNITIES TO RESCUE GROUPS, SHELTERS AND POTENTIAL ADOPTERS ON THE U.S. MAINLAND WHERE THERE ARE SHORTAGES OF ADOPTABLE PETS.$13,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TRACY AMIELPRESIDENT$50K

From 2024 filing

NameTitleHoursCompensation
TRACY AMIELPRESIDENT20$50,000
MARCUS LAMBERTSECRETARY5
MARCUS LAMBERTTREASURER5

Frequently Asked Questions

How large is Good Karma I Foundation?

As of 2024, Good Karma I Foundation holds $2.4M in total assets with $134K in annual revenue. It awarded 11 grants totaling $120K in 2024.

Where does Good Karma I Foundation operate?

Good Karma I Foundation has awarded grants in California, Florida, Massachusetts, Maine, Michigan, New Jersey, Nevada, Tennessee, Virginia, Vi.

What size grants does Good Karma I Foundation award?

In 2024, Good Karma I Foundation awarded 11 grants totaling $120K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Good Karma I Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Good Karma I Foundation reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Good Karma I Foundation's EIN?

Good Karma I Foundation's EIN (Employer Identification Number) is 90-0892456. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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