Karess Foundation
Karess Foundation is a private foundation, 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.
Karess Foundation at a glance
In short: Karess Foundation gave $17K across 3 grants in 2024 (avg $6K), mostly in Colorado. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $17,000
- -6.9% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $5,667
- -69.0% vs 2023
- Median grant
- $5,000
- Total assets
- $236,276
- +22.5% vs 2023
- Primary geography
- Colorado (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Karess Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Mountainfilm ($10K). Together the top 3 received $17K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Karess Foundation gives
- Giving grew 133% from 2021 to 2024. Method
- In 2024 it paid out 160% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2022) to $18K (2023). In 2024 it made 3 grants totaling $17K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $236,276 | $1,445 | $17,055 | $17,000 | 3 | $17,000 | — | $10,653 |
| 2023 | $192,853 | $-919 | $19,245 | $18,268 | 1 | $18,268 | — | $9,632 |
| 2022 | $182,305 | $747 | $6,008 | $5,000 | 1 | $5,000 | $747 | $849 |
| 2021 | $329,871 | $1,617 | $7,355 | $7,307 | 4 | $7,307 | $1,617 | $11,056 |
| 2020 | $120,323 | $951 | $10,222 | $10,104 | 3 | — | $4,841 | $7,494 |
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.
Leadership & Key People
Officers and directors from IRS filings
Karess Foundation is led by Sanjaya Sood, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Sanjaya Sood
President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Karess Foundation
How much does Karess Foundation give each year?
Karess Foundation gave $17K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 1 grant.
What is Karess Foundation's typical grant size?
Karess Foundation's median grant in 2024 was $5,000, and its average grant was $5,667, across 3 grants on its 2024 IRS Form 990-PF.
Where does Karess Foundation give grants?
Karess Foundation gives mostly in Colorado: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (12%).
Does Karess Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Karess Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).
How large is Karess Foundation?
Karess Foundation reported $236K in total assets on its 2024 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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