Karen and Russell Goldsmith Family Charitable
The Karen and Russell Goldsmith Family Charitable Trust is a private foundation based in Beverly Hills, California. Established in 2017, it operates as a 501(c)(3) organization dedicated to philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.7M
+4.3% YoY
Annual Giving
$633K
-3.7% YoY
Grant Count
28
+75.0% YoY
Avg Grant Size
$23K
-45.0% YoY
Under IRS private-foundation payout rules, Karen and Russell Goldsmith Family Charitable reported a distributable amount of $632K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The organization has not publicly provided a formal mission statement. However, its grantmaking focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The trust primarily funds general support to its grantees.
Grantmaking
The trust operates on an invite-only basis and does not accept unsolicited applications.
Grant Range
$1,000 to $215,400
Average Grant
amount: $110,000–$215,400
How to Apply
**
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Geographic Focus
Where this funder awards grants
The trust's grantmaking priorities include California, New York, and Kansas, with a particular emphasis on California-based organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023):
- Total assets: $13.2 million
- Total revenues: $394,059
- Total expenses: $722,820
- Total liabilities: $0
- Giving rate: 5.0% of assets
Financial Trend: The organization maintains stable assets in the $13 million range with consistent annual giving activity.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,721,592 | $13,152,904 | $12,493,035 |
| Revenue | $1,846,224 | $394,059 | $-123,832 |
| Expenses | $749,442 | $722,820 | $672,039 |
| Qualifying Distributions | $641,152 | $663,091 | $617,953 |
| Net Investment Income | $5,262,101 | $420,589 | $284,921 |
| Distributable Amount | $632,270 | $625,332 | $659,940 |
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
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation Council of Greater La ($150,000), The Aspen Institute Inc ($67,000), Keep Memory Alive ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Keep Memory Alive Las vegas, NV | GENERAL SUPPORT | $50,000 |
| THE INNOCENCE PROJECT INC NEW YORK, NY | GENERAL SUPPORT | $25,000 |
| Focusing Philanthropy Inc Santa Monica, CA | GENERAL SUPPORT | $25,000 |
| JEWISH FAMILY SERVICE OF LOS ANGELES LOS ANGELES, CA | GENERAL SUPPORT | $2,500 |
| CEDARS-SINAI MEDICAL CENTER LOS ANGELES, CA | GENERAL SUPPORT | $2,000 |
| THE ASPEN INSTITUTE INC WASHINGTON, DC | GENERAL SUPPORT | $67,000 |
| WILSHIRE BOULEVARD TEMPLE LOS ANGELES, CA | GENERAL SUPPORT | $26,100 |
| PERFORMING ARTS CENTER OF LOS ANGELES COUNTY LOS ANGELES, CA | GENERAL SUPPORT | $800 |
| JEWISH FEDERATIONS OF NORTH AMERICA INC NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| HAWAII COMMUNITY FOUNDATION HONOLULU, HI | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL D GOLDSMITH | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Karen and Russell Goldsmith Family Charitable fund?
The organization has not publicly provided a formal mission statement. However, its grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The trust primarily funds general support to its grantees.
How do I apply for a grant from Karen and Russell Goldsmith Family Charitable?
**Grant Activity:** • Total giving: $632,690 (most recent filing) • Number of grants: 15-20 annually • Grant range: $1,000 to $215,400 • Median grant size: $15,000 • Average grant amount: $110,000–$215,400 **Recent Grantees (2023):** • Jewish Federation Council of Greater LA ($215,400) • Wilshire Boulevard Temple ($116,800) • Baby2Baby ($100,000) **Application Process:** The trust operates on an invite-only basis and does not accept unsolicited applications.
Where does Karen and Russell Goldsmith Family Charitable make grants?
The trust's grantmaking priorities include California, New York, and Kansas, with a particular emphasis on California-based organizations.
What size grants does Karen and Russell Goldsmith Family Charitable award?
In 2024, Karen and Russell Goldsmith Family Charitable awarded 28 grants totaling $633K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Karen and Russell Goldsmith Family Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen and Russell Goldsmith Family Charitable reported a distributable amount of $632K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karen and Russell Goldsmith Family Charitable's EIN?
Karen and Russell Goldsmith Family Charitable's EIN (Employer Identification Number) is 81-4663510. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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