KARAM FOUNDATION IS DEDICATED TO HELP PEOPLE HELP THEMSELVES. WE SEEK TO RESTORE THE DIGNITY AND QUALITY OF LIFE FOR PEOPLE AFFECTED BY CONFLICT BY ELIMINATING BARRIERS TO SUCCESS THROUGH INNOVATIVE EDUCATION, ENTREPRENEURIAL DEVELOPMENT, AND COMMUNITY-DRIVEN AID.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
-42.0% YoY
Annual Giving
$150K
+95.3% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$30K
+17.2% YoY
About Karam Foundation
Based on IRS filings
Karam Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 5 grants totaling $150K. Net investment income was $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,819,480 | $4,865,239 | $4,151,416 |
| Revenue | $1,793,682 | $4,562,837 | $2,411,217 |
| Expenses | $3,822,380 | $3,747,655 | $2,783,885 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $29,675 | $-143 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Paper Airplanes Inc ($42,000), Seeds Film Llc ($39,969), SYE Initiative INC ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FINDING REFUGE BRIDGEVIEW, IL | General Support | $8,000 |
| Paper Airplanes Inc San Francisco, CA | General Support | $42,000 |
| Reaching Across Borders Jacksonville, FL | General Support | $29,917 |
| SEEDS FILM LLC New York, NY | PRODUCE THE FILM | $39,969 |
| SYE Initiative INC New York, NY | General Support | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lina Sergie Attar | CEO | 40 | $121,924 |
| Demetri Fadel | CSO | 40 | $105,057 |
| Rula Jamous | Treas.& Dr.Fin. | 40 | $91,223 |
| Rasha Mansouri | Chairman | 8 | — |
| Mamak Shahbazi | Vice Chairman | 8 | — |
| Razan Massarani | Director | 4 | — |
| Heba AL Ayouby | Director | 4 | — |
| Omar Salem | Director | 4 | — |
| Sharad Samy | Director | 4 | — |
| Anna Nolan | Director | 4 | — |
| Sarah Rahman | Director | 4 | — |
| Demetri Fadel | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karam Foundation?
Karam Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $2.8M in total assets as of 2024.
How large is Karam Foundation?
As of 2024, Karam Foundation holds $2.8M in total assets with $1.8M in annual revenue. It awarded 5 grants totaling $150K in 2024.
Where does Karam Foundation operate?
Karam Foundation has awarded grants in California, Florida, Illinois, New Jersey, New York.
What size grants does Karam Foundation award?
In 2024, Karam Foundation awarded 5 grants totaling $150K — an average of about $30K per grant, based on its IRS Form 990 filings.
What is Karam Foundation's EIN?
Karam Foundation's EIN (Employer Identification Number) is 37-1548241. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karam Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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