Jasteka Foundation Inc. is a corporate foundation based in Jeffersonville, Indiana, established in March 2000. The foundation operates as a 501(c)(3) tax-exempt organization and maintains a broad philanthropic reach across the United States without specifying particular subject areas of focus.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.7M
-2.5% YoY
Annual Giving
$1.4M
-25.4% YoY
Grant Count
39
+8.3% YoY
Avg Grant Size
$35K
-31.1% YoY
Grantmaking
The foundation is an active grantmaker with a distributed funding approach. In fiscal year 2024, Jasteka Foundation made 40 grants totaling approximately $1.29 million. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation funds projects nationwide, with documented activity in multiple states including California, Colorado, Florida, Indiana, Kentucky, New York, North Carolina, Nevada, Tennessee, Texas, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024 (ending October 2024):
- Total Assets: $21.7 million
- Total Revenue: $852,905
- Total Expenses: $1.38 million
- Total Liabilities: $318
Revenue Sources: Investment income and dividends comprise the primary revenue source at $852,905 in fiscal year 2024, compared to $839,362 in the prior year (1.6% increase).
Grant Activity: The foundation distributed approximately $1.29 million in grants during fiscal year 2024 across 40 grants to various organizations.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,736,326 | $22,285,080 | $23,276,741 |
| Revenue | $852,905 | $839,362 | $751,481 |
| Expenses | $1,379,923 | $1,853,077 | $1,792,400 |
| Qualifying Distributions | $1,367,000 | $1,831,530 | $1,785,500 |
| Net Investment Income | $852,905 | $839,362 | $748,681 |
| Distributable Amount | $1,089,988 | $1,081,349 | $1,177,242 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
179 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- James S. Karp — Chairman (serves without compensation)
- Irene J. Karp — Secretary/Treasurer (serves without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES S KARP | CHAIRMAN | — | — |
| IRENE J KARP | SECRETARY/TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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