Karen Murrell Foundation
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.
Key facts about Karen Murrell Foundation
- EIN
- 82-5191390
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $109,979
- Grants made (2024)
- 18
- Average grant
- $6,110
- Median grant
- $2,350
- Total assets
- $1,660,651
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Karen Murrell Foundation funds
By grant dollars, the top recipient states for Karen Murrell Foundation's 18 itemized 2024 grants were Ohio (100%). The most frequent recipient cities were Hamilton, OH (11 grants), Cincinnati, OH (3 grants) and Fairfield, OH (3 grants). None of its 18 grants with a stated purpose were described as general or operating support. Recurring purposes include "Operations" (5 grants) and "Medical Exp" (3 grants).
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 recipients include Badin High School ($39,592), Boys and Girls Club ($16,500), Good Samaratin Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BADIN HIGH SCHOOL HAMILTON, OH | SCHOLARSHIPS | $39,592 |
| BOYS AND GIRLS CLUB HAMILTON, OH | OPERATIONS | $16,500 |
| GOOD SAMARATIN FOUNDATION CINCINNATI, OH | FREE MEDICAL CLINIC | $10,000 |
| TEDDY KRAMER SCHOLARSHIP FAIRFIELD, OH | SCHOLARSHIPS | $10,000 |
| ROGER BACON HIGH SCHOOL CINCINNATI, OH | TUITION ASST | $10,000 |
| CARING CLOSET HAMILTON, OH | OPERATIONS | $5,000 |
| MATT SHAMP FUNDRAISER HAMILTON, OH | MEDICAL EXPENSES | $3,907 |
| OHIO HISPANIC COALITION COLUMBUS, OH | SCHOLARSHIP FUND | $3,000 |
| DUSTIN BOWER HAMILTON, OH | MEDICAL EXP | $2,700 |
| ANIMAL ADOPTION FOUNDATION HAMILTON, OH | OPERATIONS | $2,000 |
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.