Karelou Foundation

PITTSBURGH, PA EIN: 82-4129763

Karelou Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 13 grants totaling $170K. Net investment income was $106K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

-2.6% YoY

Annual Giving

$170K

+13.3% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$13K

+4.6% YoY

About Karelou Foundation

Based on IRS filings

Karelou Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 13 grants totaling $170K. Net investment income was $106K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlexandriaGreensburgJupiterLanghorneLatrobePittsburghSt BonaventureSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64K$128K$191K$255K20212022202320242025
Metric202520242023
Total Assets$2,399,677$2,463,440$2,560,071
Revenue$125,024$71,641$118,686
Expenses$188,787$168,272$196,812
Qualifying Distributions$170,000$150,000$180,000
Net Investment Income$106,237$53,369$97,274
Distributable Amount$187,894$167,745$153,125

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$108K$161K$215K15 grants20216 grants202212 grants202312 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

ST VINCENT COLLEGE$50KSETON HILL UNIVERSITY$25KDEPAUL SCHOOL FOR HEARIN…$20KDUQUESNE UNIVERSITY$20KLITTLE SISTERS OF THE POOR$10KSISTERS OF CHARITY OF SE…$10KUPMC HILLMAN CANCER CENTER$10KST BONAVENTURE UNIVERSITY$7KAUTISM PROJECT OF PALM B…$5KWOODS SERVICES$5K

Grant Size Distribution

58 grants across all recorded years

56<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ARTHUR J ROONEY JRPRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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