Karisma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 15 grants totaling $384K. Net investment income was $698K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
+2.7% YoY
Annual Giving
$384K
-17.9% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$26K
-23.3% YoY
Under IRS private-foundation payout rules, Karisma Foundation reported a distributable amount of $448K for 2024 — the minimum it must pay out in qualifying distributions.
About Karisma Foundation
Based on IRS filings
Karisma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 15 grants totaling $384K. Net investment income was $698K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,935,359 | $6,752,928 | $7,036,486 |
| Revenue | $810,812 | $458,469 | $642,574 |
| Expenses | $628,381 | $742,027 | $680,843 |
| Qualifying Distributions | $424,494 | $508,757 | $441,207 |
| Net Investment Income | $698,389 | $339,380 | $488,708 |
| Distributable Amount | $448,158 | $424,028 | $489,900 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Youth Emerging Stronger ($52,000), Peace4kids ($50,000), 826la ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FACING HISTORY AND OURSELVES LOS ANGELES, CA | TO SUPPOT ESTABLISHED CHARITIES | $25,000 |
| PEACE4KIDS LOS ANGELES, CA | TO SUPPORT ESTABLISHED CHARITY | $50,000 |
| REGENTS OF UNIVERSITY OF CALIFORNIA OAKLAND, CA | TO SUPPORT ESTABLISHED CHARITIES | $25,000 |
| THE PAINTED TURTLE SANTA MONICA, CA | TO SUPPORT ESTABLISHED CHARITY | $30,000 |
| 826LA VENICE, CA | TO SUPPORT ESTABLISHED CHARITY | $50,000 |
| PERKINS SCHOOL FOR THE BLIND WATERTOWN, MA | TO SUPPORT ESTABLISHED CHARITIES | $50,000 |
| YOUTH EMERGING STRONGER LOS ANGELES, CA | TO SUPPORT ESTABLISHED CHARITIES | $52,000 |
| OAKS CHRISTIAN SCHOOL WESTLAKE VILLAGE, CA | TO SUPPORT ESTABLISHED CHARITIES | $5,000 |
| HOPE THE MISSION NORTH HILLS, CA | TO SUPPORT ESTABLISHED CHARITIES | $50,000 |
| UNIVERSITY OF NEVEDA RENO FDN RENO, NV | TO SUPPORT ESTABLISHED CHARITY | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN C BEDROSIAN | DIRECTOR/PR | 1 | — |
| TED COYNE | DIRECTOR/SEC | 1 | — |
| KAREN BEDROSIAN COYNE | CFO | 10 | $80,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karisma Foundation?
Karisma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $6.9M in total assets as of 2024.
How large is Karisma Foundation?
As of 2024, Karisma Foundation holds $6.9M in total assets with $811K in annual revenue. It awarded 15 grants totaling $384K in 2024.
Where does Karisma Foundation operate?
Karisma Foundation has awarded grants in California, Connecticut, District of Columbia, Illinois, Massachusetts, Nevada, New York, Virginia.
What size grants does Karisma Foundation award?
In 2024, Karisma Foundation awarded 15 grants totaling $384K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Karisma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karisma Foundation reported a distributable amount of $448K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karisma Foundation's EIN?
Karisma Foundation's EIN (Employer Identification Number) is 20-1982120. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karisma 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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