Karen Sachs Besson Foundation Inc

Foundation · Grantmaker Annapolis, MD EIN: 85-0967177

Karen Sachs Besson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Annapolis, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $263K in total assets. In 2024, it awarded 12 grants totaling $110K. Net investment income was $24K.

Key facts about Karen Sachs Besson Foundation Inc

EIN: 85-0967177
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $110,115
Grants made (2024): 12
Average grant: $9,176
Median grant: $10,000
Total assets: $263,116
Primary geography: Maryland (70% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Karen Sachs Besson Foundation Inc funds

By grant dollars, the top recipient states for Karen Sachs Besson Foundation Inc's 12 itemized 2024 grants were Maryland (70%), District of Columbia (16%) and New York (14%). The most frequent recipient cities were Baltimore, MD (4 grants), Annapolis, MD (3 grants), Washington, DC (2 grants) and New York, NY (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Karen Sachs Besson Foundation Inc gives

In 2024 it paid out 767% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$263K

Annual Giving

$110K

Grant Count

Avg Grant Size

$9K

Under IRS private-foundation payout rules, Karen Sachs Besson Foundation Inc reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Karen Sachs Besson Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $77K (70%)

District of Columbia $18K (16%)

New York $15K (14%)

Share of all 12 itemized 2024 grant dollars.

States

District of Columbia Maryland New York

Cities

BaltimoreWashingtonAnnapolisColumbiaEllicott CityNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2020
Total Assets	$263,116	$727,435
Revenue	$32,380	$19,764
Expenses	$118,658	$98,367
Qualifying Distributions	$110,115	—
Net Investment Income	$23,837	$17,397
Distributable Amount	$14,359	$21,220

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2024

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

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Eastport Yacht Club Foundation ($20,000), Voices for Children ($20,000), National Public Radio ($10,000).

Recipient	Purpose	Amount
EASTPORT YACHT CLUB FOUNDATION Annapolis, MD	GENERAL	$20,000
VOICES FOR CHILDREN Ellicott City, MD	GENERAL	$20,000
NATIONAL PUBLIC RADIO Washington, DC	GENERAL	$10,000
HABITAT FOR HUMANITY Baltimore, MD	GENERAL	$10,000
THE AMERICAN ACADEMY IN BERLIN New York, NY	GENERAL	$10,000
PRIDE OF BALTIMORE II INC Baltimore, MD	GENERAL	$10,000
MOVEABLE FEAST Baltimore, MD	GENERAL	$10,000
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE Washington, DC	GENERAL	$8,000
SPCA OF ANNE ARUNDEL COUNTY Annapolis, MD	GENERAL	$5,000
DOCTORS WITHOUT BORDERS New York, NY	GENERAL	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Karen Besson	President	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Karen Sachs Besson Foundation Inc?

Karen Sachs Besson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Annapolis, MD. It holds $263K in total assets as of 2024.

How large is Karen Sachs Besson Foundation Inc?

As of 2024, Karen Sachs Besson Foundation Inc holds $263K in total assets with $32K in annual revenue. It awarded 12 grants totaling $110K in 2024.

Where does Karen Sachs Besson Foundation Inc operate?

Karen Sachs Besson Foundation Inc has awarded grants in District of Columbia, Maryland, New York.

What size grants does Karen Sachs Besson Foundation Inc award?

In 2024, Karen Sachs Besson Foundation Inc awarded 12 grants totaling $110K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Karen Sachs Besson Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karen Sachs Besson Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Karen Sachs Besson Foundation Inc's EIN?

Karen Sachs Besson Foundation Inc's EIN (Employer Identification Number) is 85-0967177. IRS Form 990 filing data is available on this page for 2020–2024.