Kara Family Foundation
Kara Family Foundation is a private foundation, based in Fort Wayne, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grant totaling $530.
Kara Family Foundation at a glance
In short: Kara Family Foundation gave $530 across 1 grant in 2024 (avg $530). Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $530
- -97.0% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $530
- -94.0% vs 2023
- Median grant
- $530
- Total assets
- $1,602,696
- +3.8% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Kara Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Smile Younited ($530).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Kara Family Foundation gives
- Giving fell 93% from 2021 to 2024. Method
- In 2024 it paid out 30% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $530 (2024) to $18K (2023). In 2024 it made 1 grant totaling $530.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Smile Younited | Assist Refugees in Turkey | $530 |
Ready to take the next step with Kara Family Foundation?
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 | $1,602,696 | $226,456 | $173,011 | $530 | 1 | $5,126 | — | $17,358 |
| 2023 | $1,543,462 | $270,717 | $181,760 | $17,544 | 2 | $24,216 | $112,673 | $18,174 |
| 2022 | $1,499,499 | $465,018 | $262,987 | $12,428 | 2 | $14,498 | — | $14,740 |
| 2021 | $1,345,194 | $451,705 | $238,497 | $8,000 | 2 | $8,300 | $21,508 | $12,078 |
| 2020 | $1,167,692 | $147,388 | $48,749 | — | — | — | — | $778 |
Under IRS private-foundation payout rules, Kara Family Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Kara Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alia Natafgi
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Firas Kara
Trustee
On filings since 2020
2 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 Kara Family Foundation
How much does Kara Family Foundation give each year?
Kara Family Foundation gave $530 across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 2 grants.
How large is Kara Family Foundation?
Kara Family Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Kara Family Foundation operate?
Kara Family Foundation has awarded grants in California, New Jersey.
What is Kara Family Foundation's EIN?
Kara Family Foundation's EIN (Employer Identification Number) is 84-3991257. 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 Kara Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Kara Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Indiana
Mercy of Adam Inc
North Attleboro, MA
Assets
$3.9M
Grants
7
Total Given
$226K
Lilly Endowment Inc
Indianapolis, IN
Lilly Endowment funds community development, education and youth, and religion, with priority given to Indianapolis and Indiana and some national support, especially for religion. Its 2025 grants had a median of $100,000, though awards varied widely; for community development requests, it suggests starting with a brief preliminary letter.
Assets
$105.9B
Grants
2,285
Total Given
$3.9B
Central Indiana Community Foundation Inc
Indianapolis, IN
Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.
Assets
$583.5M
Grants
525
Total Given
$31.1M
United Way of Central Indiana Inc
Indianapolis, IN
United Way of Central Indiana funds nonprofits addressing basic needs, early learning, economic mobility, safe and affordable housing, and organizational capacity in Boone, Hamilton, Hancock, Hendricks, Marion, Morgan, and Putnam counties. Its 2025 grants ranged from $86 to $1.74 million, with a median of $16,238. The profile does not state whether it accepts unsolicited requests.
Assets
$255.2M
Grants
370
Total Given
$29.9M
Lumina Foundation for Education Inc
Indianapolis, IN
Lumina Foundation funds research, policy, technical assistance, and initiatives that expand equitable access to education and credentials beyond high school, with a national focus. Its 2024 grants ranged from $500 to $2.51 million, with a median of $12,500. It says it does not accept unsolicited requests; funding is primarily proactive, with occasional open calls for proposals.
Assets
$1.5B
Grants
357
Total Given
$30.0M
Round Room Gives Inc
Fishers, IN
Round Room Gives supports community organizations and local charitable activities, including education, family services, health, and animal welfare, with grants across about 40 states. In 2024, grants ranged from $250 to $140,000, with a median of $3,452. It accepts applications through an online form on an ongoing basis; applicants must be 501(c)(3) organizations with a TCC employee sponsor.
Assets
$1.4M
Grants
357
Total Given
$1.8M
More similar funders
More Funders in Indiana
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Kara Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Kara Family Foundation down — hundreds of funders to go?