Karasik Brothers Charitable Fndn
Karasik Brothers Charitable Fndn is a private foundation, based in Chicago, IL. IRS filing data is available for 2019. As of 2019, the organization holds $16K in total assets. In 2019, it awarded 5 grants totaling $5K. Net investment income was $3K.
Karasik Brothers Charitable Fndn at a glance
In short: Karasik Brothers Charitable Fndn gave $5K across 5 grants in 2019 (avg $1K), mostly in Illinois. Source: 2019 IRS Form 990-PF.
- Annual giving (2019)
- $5,310
- Grants made (2019)
- 5
- Average grant
- $1,062
- Median grant
- $1,500
- Total assets
- $15,761
- Primary geography
- Illinois (100% of itemized 2019 grant dollars)
- Latest 990 filing
- Form 990-PF, 2019 View filing
Data from IRS Form 990-PF, 2019; updated October 2026.
Who Karasik Brothers Charitable Fndn funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2019 grant dollars across all 5 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2019 it made 5 grants totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Chicago, IL | Community | $1,810 |
| 4 grants to individuals Recipients not named | — | $3,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2019 | $15,761 | $2,866 | $6,130 | $5,310 | 5 | $2,621 | $748 |
Under IRS private-foundation payout rules, Karasik Brothers Charitable Fndn reported a distributable amount of $748 for 2019 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Karasik Brothers Charitable Fndn is led by Diana Levin, President on the 2019 filing; none of the 3 officers listed in 2019 report compensation.
Officers on the 2019 filing
Diana Levin
President
New on the 2019 filing
No compensation reported
Scott Jordan
Director
New on the 2019 filing
No compensation reported
Laura Jordan
Secretary
New on the 2019 filing
No compensation reported
Data from IRS Form 990 filings, 2019. "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 Karasik Brothers Charitable Fndn
How much does Karasik Brothers Charitable Fndn give each year?
Karasik Brothers Charitable Fndn gave $5K across 5 grants in 2019, according to its 2019 IRS Form 990-PF.
What is Karasik Brothers Charitable Fndn's typical grant size?
Karasik Brothers Charitable Fndn's median grant in 2019 was $1,500, and its average grant was $1,062, across 5 grants on its 2019 IRS Form 990-PF.
Where does Karasik Brothers Charitable Fndn give grants?
Karasik Brothers Charitable Fndn gives mostly in Illinois: 100% of the grant dollars itemized on its 2019 IRS Form 990-PF went to recipients there.
Does Karasik Brothers Charitable Fndn give general operating support?
Not in 2019: none of the 5 grants with a stated purpose on Karasik Brothers Charitable Fndn's 2019 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community" (5 grants).
How large is Karasik Brothers Charitable Fndn?
Karasik Brothers Charitable Fndn reported $16K in total assets on its 2019 IRS Form 990-PF. Its revenue that year was $3K.
How much is Karasik Brothers Charitable Fndn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2019, Karasik Brothers Charitable Fndn reported a distributable amount of $748 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karasik Brothers Charitable Fndn's EIN?
Karasik Brothers Charitable Fndn's EIN (Employer Identification Number) is 36-6108531. IRS Form 990 filing data is available on this page for 2019.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 17, 2020)
- IRS filings on file for fiscal year 2019
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