Karl Asch Foundation Inc

Private foundation · Grantmaker Jenkintown, PA EIN: 47-1946151

Karl Asch Foundation Inc is a private foundation, based in Jenkintown, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $76K in total assets. In 2025, it awarded 1 grant totaling $350K. Net investment income was $105K.

Karl Asch Foundation Inc at a glance

In short: Karl Asch Foundation Inc gave $350K across 1 grant in 2025 (avg $350K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$350,000
+250.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$350,000
+250.0% vs 2024
Median grant
$350,000
Total assets
$76,498
-78.0% vs 2024
Primary geography
New York (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Karl Asch Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Jewish National Fund: $350KJewish National Fund$350K

The largest 2025 recipient was Jewish National Fund ($350K).

Grant Size Distribution

7 grants across all recorded years

2<$50K$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 7 (43%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

New YorkNewton

How Karl Asch Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+15%). Method
  • In 2025 it paid out well above 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

$0$100K$200K$300K$400K1 grant2020 2 grants2021 2 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $100K (2024) to $350K (2025). In 2025 it made 1 grant totaling $350K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish National Fund New York, NYHuman Welfare$350,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$76,498$109,496$380,844$350,0001$375,000$104,921$16,024
2024$347,846$45,478$133,228$100,0001$125,750$40,788$22,194
2023$435,596$17,560$234,396$200,0001$225,000$16,833$29,255
2022$652,432$61,722$342,348$304,2002$329,200$53,494$38,099
2021$933,058$60,931$144,801$104,2002$129,200$49,393$52,986
2020$1,016,928$56,754$188,352$150,0001—$44,477$54,429

Under IRS private-foundation payout rules, Karl Asch Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Karl Asch Foundation Inc is led by Meredith Asch, President on every filing since 2020; 1 of 4 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Meredith Asch

    President

    On filings since 2020

    No compensation reported

  • Christina Asch

    Treasurer

    On filings since 2020

    $750 (2024) → $0 (2025)

  • Peggy Christen

    Secretary

    On filings since 2020

    5 hrs/week

    $25K (2020) → $25K (2025)

  • Philip Tortoreti

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Peggy Christen — Secretary: $25KPeggy ChristenSecretary$25K

The highest reported compensation on the 2025 filing was $25K, to Peggy Christen (Secretary).

Frequently asked questions about Karl Asch Foundation Inc

How much does Karl Asch Foundation Inc give each year?

Karl Asch Foundation Inc gave $350K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 1 grant.

How large is Karl Asch Foundation Inc?

Karl Asch Foundation Inc reported $76K in total assets on its 2025 IRS Form 990-PF. It paid out $375K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

Where does Karl Asch Foundation Inc operate?

Karl Asch Foundation Inc has awarded grants in Massachusetts, New York.

What is Karl Asch Foundation Inc's EIN?

Karl Asch Foundation Inc's EIN (Employer Identification Number) is 47-1946151. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 28, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Karl Asch Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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