Karen Murrell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAMILTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 18 grants totaling $110K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+4.1% YoY
Annual Giving
$110K
+30.0% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$6K
+15.5% YoY
Under IRS private-foundation payout rules, Karen Murrell Foundation reported a distributable amount of $80K for 2024 — the minimum it must pay out in qualifying distributions.
About Karen Murrell Foundation
Based on IRS filings
Karen Murrell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAMILTON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 18 grants totaling $110K. Net investment income was $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,660,651 | $1,595,929 | $1,460,588 |
| Revenue | $33,767 | $31,795 | $30,231 |
| Expenses | $119,280 | $93,557 | $97,414 |
| Qualifying Distributions | $109,979 | $84,620 | $88,145 |
| Net Investment Income | $33,482 | $89,853 | $21,702 |
| Distributable Amount | $79,728 | $75,406 | $80,378 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Badin High School ($39,592), Boys and Girls Club ($16,500), Good Samaratin Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OHIO HISPANIC COALITION COLUMBUS, OH | SCHOLARSHIP FUND | $3,000 |
| ANIMAL ADOPTION FOUNDATION HAMILTON, OH | OPERATIONS | $2,000 |
| UNITED OH FC OUTING FAIRFIELD, OH | YOUTH | $320 |
| FRIENDS OF PARKS HAMILTON, OH | OPERATIONS | $1,500 |
| CARING CLOSET HAMILTON, OH | OPERATIONS | $5,000 |
| BOYS AND GIRLS CLUB HAMILTON, OH | OPERATIONS | $16,500 |
| DUSTIN BOWER HAMILTON, OH | MEDICAL EXP | $2,700 |
| GOOD SAMARATIN FOUNDATION CINCINNATI, OH | FREE MEDICAL CLINIC | $10,000 |
| BADIN HIGH SCHOOL HAMILTON, OH | SCHOLARSHIPS | $39,592 |
| ST ANN'S HAMILTON, OH | OPERATIONS | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN MURRELL | PRESIDENT | — | — |
| KATELYN TEETERS | BOARD MEMBER | — | — |
| SERENA MCKINNEY | BOARD MEMBER | — | — |
| ERIC MURRELL | BOARD MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karen Murrell Foundation?
Karen Murrell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAMILTON, OH. It holds $1.7M in total assets as of 2024.
How large is Karen Murrell Foundation?
As of 2024, Karen Murrell Foundation holds $1.7M in total assets with $34K in annual revenue. It awarded 18 grants totaling $110K in 2024.
Where does Karen Murrell Foundation operate?
Karen Murrell Foundation has awarded grants in California, Illinois, Ohio, Utah.
What size grants does Karen Murrell Foundation award?
In 2024, Karen Murrell Foundation awarded 18 grants totaling $110K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Karen Murrell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen Murrell Foundation reported a distributable amount of $80K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karen Murrell Foundation's EIN?
Karen Murrell Foundation's EIN (Employer Identification Number) is 82-5191390. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karen Murrell 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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