Kaar Foundation Inc

Foundation · Grantmaker Jacksonville Beach, FL EIN: 85-4022464

Kaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jacksonville Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 9 grants totaling $61K. Net investment income was $13K.

Key facts about Kaar Foundation Inc

EIN
85-4022464
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$61,210
Grants made (2024)
9
Average grant
$6,801
Median grant
$1,500
Total assets
$152,815
Primary geography
Florida (60% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Kaar Foundation Inc funds

By grant dollars, the top recipient states for Kaar Foundation Inc's 9 itemized 2024 grants were Florida (60%) and California (38%). The most frequent recipient cities were Orlando, FL (2 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Religious Organizations" (6 grants).

How Kaar Foundation Inc gives

  • Giving fell 62% from 2021 to 2024. Method
  • In 2024 it paid out 745% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$153K

-24.0% YoY

Annual Giving

$61K

-53.9% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$7K

-53.9% YoY

Under IRS private-foundation payout rules, Kaar Foundation Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Kaar Foundation Inc

Based on IRS filings

Kaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jacksonville Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 9 grants totaling $61K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 9 itemized 2024 grant dollars.

Cities

OrlandoIrvineMemphisPhoenixClermontVictorvilleApple ValleyBurlesonJacksonvilleLake Buena VistaLubbockOaklandOklahoma CityPalm CoastPurcellvilleSuperiorTampaTarpon SpringsWashingtonWindemere

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$138K$275K$413K$550K20202021202220232024
Metric202420232022
Total Assets$152,815$201,111$307,192
Revenue$13,809$317$39,664
Expenses$79,619$135,218$155,102
Qualifying Distributions$61,210$132,789$146,850
Net Investment Income$12,774$4,406$6,555
Distributable Amount$8,213$12,135$19,709

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$81K$121K$162K0 grants202011 grants20219 grants20229 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Choices Women's Clinic: $31KChoices Women's Clinic$31KMariners Church: $18KMariners Church$18KApple Valley Christian Academy: $5KApple Valley Christian Academy$5KDiscovery Church: $3KDiscovery Church$3KParkview Church: $2KParkview Church$2KTroy Brewer Ministries: $1KTroy Brewer Ministries$1KUnforsaken Ministries: $1KUnforsaken Ministries$1KThe Church of ELEVEN22: $400The Church of ELEVEN22$400Children's Health Foundation: $250Children's Health Foundation$250

Grant Size Distribution

38 grants across all recorded years

36<$50K2$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 recipients include Choices Women's Clinic ($31,250), Mariners Church ($18,060), Apple Valley Christian Academy ($5,000).

RecipientPurposeAmount
CHOICES WOMEN'S CLINIC Orlando, FLTO PROVIDE FREE AND CONFIDENTIALSERVICES TO HELP WOMEN MAKE INFORMEDDECISIONS ABOUT THEIR PREGNANCY$31,250
MARINERS CHURCH Irvine, CATO SUPPORT RELIGIOUS ORGANIZATIONS$18,060
APPLE VALLEY CHRISTIAN ACADEMY Apple Valley, CATO SUPPORT RELIGIOUS ORGANIZATIONS$5,000
DISCOVERY CHURCH Orlando, FLTO SUPPORT RELIGIOUS ORGANIZATIONS$2,750
PARKVIEW CHURCH Palm Coast, FLTO SUPPORT RELIGIOUS ORGANIZATIONS$1,500
TROY BREWER MINISTRIES Burleson, TXTO SUPPORT RELIGIOUSORGANIZATIONS$1,000
UNFORSAKEN MINISTRIES Clermont, FLTO SUPPORT RELIGIOUS ORGANIZATIONS$1,000
THE CHURCH OF ELEVEN22 Jacksonville, FLTO SUPPORT RELIGIOUS ORGANIZATIONS$400
CHILDREN'S HEALTH FOUNDATION Oklahoma City, OKTO PROVIDE HOPE TO CHILDRENBATTLING CANCER AND OTHERLIFE THREATENING DISEASES$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Adam DegraideChairman3—
Krystle DegraideTreasurer15—
Brooke MydloSecretary5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Kaar Foundation Inc?

Kaar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Jacksonville Beach, FL. It holds $153K in total assets as of 2024.

How large is Kaar Foundation Inc?

As of 2024, Kaar Foundation Inc holds $153K in total assets with $14K in annual revenue. It awarded 9 grants totaling $61K in 2024.

Where does Kaar Foundation Inc operate?

Kaar Foundation Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Oklahoma, Tennessee, Texas, Virginia.

What size grants does Kaar Foundation Inc award?

In 2024, Kaar Foundation Inc awarded 9 grants totaling $61K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Kaar Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kaar Foundation Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kaar Foundation Inc's EIN?

Kaar Foundation Inc's EIN (Employer Identification Number) is 85-4022464. IRS Form 990 filing data is available on this page for 2020–2024.

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

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