Kara Family Foundation

Private foundation · Grantmaker Fort Wayne, IN EIN: 84-3991257

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.

Key facts about Kara Family Foundation

In short: Kara Family Foundation gave $530 across 1 grant in 2024 (avg $530). Source: 2024 IRS Form 990-PF.

EIN
84-3991257
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$530
Grants made (2024)
1
Average grant
$530
Median grant
$530
Total assets
$1,602,696

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+3.8% YoY

Annual Giving

$530

-97.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$530

-94.0% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BurbankWoodbury

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2020 2 grants2021 2 grants2022 2 grants2023 1 grant2024

From 2021 to 2024, annual grant giving ranged from $530 (2024) to $18K (2023). In 2024 it made 1 grant totaling $530.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Smile Younited: $530Smile Younited$530

The largest 2024 recipient was Smile Younited ($530).

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Smile Younited Assist Refugees in Turkey$530

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,602,696$1,543,462$1,499,499
Revenue$226,456$270,717$465,018
Expenses$173,011$181,760$262,987
Qualifying Distributions$5,126$24,216$14,498
Net Investment Income—$112,673—
Distributable Amount$17,358$18,174$14,740

Data update history

When this profile's IRS filing data changed on Grantable

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

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.

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