Karess Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUGAR LAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $236K in total assets. In 2024, it awarded 3 grants totaling $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$236K
+22.5% YoY
Annual Giving
$17K
-6.9% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$6K
-69.0% YoY
Under IRS private-foundation payout rules, Karess Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Karess Foundation
Based on IRS filings
Karess Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUGAR LAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $236K in total assets. In 2024, it awarded 3 grants totaling $17K.
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 | $236,276 | $192,853 | $182,305 |
| Revenue | $1,445 | $-919 | $747 |
| Expenses | $17,055 | $19,245 | $6,008 |
| Qualifying Distributions | $17,000 | $18,268 | $5,000 |
| Net Investment Income | — | — | $747 |
| Distributable Amount | $10,653 | $9,632 | $849 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mountainfilm ($10,000), Jlf Colorado ($5,000), Foundation for Children Cancer Rese ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOUNTAINFILM TELLURIDE, CO | CHARITABLE | $10,000 |
| JLF COLORADO BOULDER, CO | CHARITABLE | $5,000 |
| FOUNDATION FOR CHILDREN CANCER RESE KATY, TX | CHARITABLE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karess Foundation?
Karess Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUGAR LAND, TX. It holds $236K in total assets as of 2024.
How large is Karess Foundation?
As of 2024, Karess Foundation holds $236K in total assets with $1K in annual revenue. It awarded 3 grants totaling $17K in 2024.
Where does Karess Foundation operate?
Karess Foundation has awarded grants in California, Colorado, Texas.
What size grants does Karess Foundation award?
In 2024, Karess Foundation awarded 3 grants totaling $17K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Karess Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karess Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karess Foundation's EIN?
Karess Foundation's EIN (Employer Identification Number) is 81-4516296. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karess 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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