Karen Franks Recchia Foundation

Private foundation · Grantmaker Bossier City, LA EIN: 33-3346940

Karen Franks Recchia Foundation is a private foundation, based in Bossier City, LA. IRS filing data is available for 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $250K. Net investment income was $87K.

Key facts about Karen Franks Recchia Foundation

In short: Karen Franks Recchia Foundation gave $250K across 1 grant in 2025 (avg $250K), mostly in Louisiana. Source: 2025 IRS Form 990-PF.

EIN
33-3346940
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$250,000
Grants made (2025)
1
Average grant
$250,000
Median grant
$250,000
Total assets
$1,081,735
Primary geography
Louisiana (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

Annual Giving

$250K

Grant Count

1

Avg Grant Size

$250K

Under IRS private-foundation payout rules, Karen Franks Recchia Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

How Karen Franks Recchia Foundation gives

  • In 2025 it paid out 489% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Shreveport

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2025

In 2025 it made 1 grant totaling $250K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Gingerbread House: $250KGingerbread House$250K

The largest 2025 recipient was Gingerbread House ($250K).

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gingerbread House Shreveport, LAUnrestricted Gift to 501(C)(3) Organization$250,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2025
Metric2025
Total Assets$1,081,735
Revenue$1,335,235
Expenses$253,500
Qualifying Distributions$250,600
Net Investment Income$87,004
Distributable Amount$51,205

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Karen Franks Recchia Foundation is led by Karen Recchia, President on the 2025 filing; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Karen Recchia

    President

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • John Schmidt

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Lauren Nunnery

    Secretary

    New on the 2025 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2025. "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 Karen Franks Recchia Foundation

How much does Karen Franks Recchia Foundation give each year?

Karen Franks Recchia Foundation gave $250K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is Karen Franks Recchia Foundation?

Karen Franks Recchia Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $251K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).

Where does Karen Franks Recchia Foundation operate?

Karen Franks Recchia Foundation has awarded grants in Louisiana.

What is Karen Franks Recchia Foundation's EIN?

Karen Franks Recchia Foundation's EIN (Employer Identification Number) is 33-3346940. IRS Form 990 filing data is available on this page for 2025.

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

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