Karakoram Family Foundation

LOS ANGELES, CA EIN: 81-4647764

Karakoram Family Foundation is a 501(c)(3) charitable organization based in Los Angeles, California. The foundation operates as a grantmaking entity with significant assets and investment activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.8M

+10.5% YoY

Annual Giving

$560K

-29.6% YoY

Grant Count

-47.6% YoY

Avg Grant Size

$51K

+34.5% YoY

Under IRS private-foundation payout rules, Karakoram Family Foundation reported a distributable amount of $586K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $954K (37%)

Pennsylvania $600K (23%)

District of Columbia $485K (19%)

New York $213K (8%)

Montana $188K (7%)

Rhode Island $60K (2%)

Massachusetts $16K (1%)

Texas $11K (0%)

+3 more states

States

California District of Columbia Florida Massachusetts Montana New York Pennsylvania Rhode Island Texas Utah Virginia

Cities

AustinBig SkyBostonBozemanCambridgeDallasFairfaxLos AngelesManhattan BeachNew YorkOaklandPhiladelphiaProvidenceRedondo BeachRye BrookSalt Lake CitySan FranciscoSanta AnaSanta MonicaTampa

Financial History

Multi-year comparison from IRS filings

Assets: $10 million+
Annual Income: $1 million+
Tax Status: 501(c)(3) Charitable Organization

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,802,595	$11,588,745	$11,419,157
Revenue	$1,079,714	$934,483	$67,001
Expenses	$789,878	$1,029,051	$873,773
Qualifying Distributions	$599,175	$848,310	$729,825
Net Investment Income	$198,836	$176,678	$220,277
Distributable Amount	$585,706	$534,901	$618,027

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

74 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Pennsylvania ($200,000), Hopewell Fund ($175,000), Thrive Scholars ($100,000).

Recipient	Purpose	Amount
HOPEWELL FUND WASHINGTDON, DC	UNRESTRICTED	$175,000
HUMAN RIGHTS WATCH LOS ANGELES, CA	UNRESTRICTED	$10,000
SPANISH PEAKS COMMUNITY FND BIG SKY, MT	UNRESTRICTED	$30,000
THRIVE SCHOLARS LOS ANGELES, CA	UNRESTRICTED	$100,000
UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA	UNRESTRICTED	$200,000
ISSUE ONE WASHINGTDON, DC	UNRESTRICTED	$10,000
EDUCATION PLUS NGN WASHINGTDON, DC	UNRESTRICTED	$10,000
SIXDEGREESORG FAIRFAX, VA	UNRESTRICTED	$7,500
ORANGEWOOD FOUNDATION SANTA ANA, CA	UNRESTRICTED	$2,000
KCRW SANTA MONICA, CA	UNRESTRICTED	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

R. Neil Malik – President
Kate Gillen Malik – Vice President

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
R NEIL MALIK	PRESIDENT AND TREASURER	—	—
KATE GILLEN MALIK	VICE PRESIDENT AND SECRETARY	—	—

Location & Contact

Address: 11100 Santa Monica Boulevard, Suite 600, Los Angeles, CA 90025

EIN: 81-4647764

Frequently Asked Questions

What size grants does Karakoram Family Foundation award?

In 2024, Karakoram Family Foundation awarded 11 grants totaling $560K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Karakoram Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karakoram Family Foundation reported a distributable amount of $586K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.