Karmagawa Foundation Inc is a private family foundation based in Miami Beach, Florida. The organization was granted tax-exempt status in May 2015 and operates as a 501(c)(3) charitable organization classified as a private grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$88K
-75.8% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$29K
-51.7% YoY
Mission & Focus Areas
The foundation's stated purpose is to promote a better world through helping educate youth, protect wildlife, and save the environment.
Primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Environmental protection and wildlife conservation
Grantmaking
The foundation made 3 grants in 2024 totaling $87,827, with a median grant size of $25,000 and a range of $2,500 to $60,327.
Grant Range
of $25,000 and a range of $2,500 to $60,327.
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Geographic Focus
Where this funder awards grants
The foundation has primarily funded organizations working in international locations, with recent grants supporting programs in Bali and beach conservation efforts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $31,581
- Total Revenues: $140,399
- Total Expenses: $123,525
- Total Giving: $87,827
- Number of Grants: 3
2023 Financial Data:
- Total Assets: $14,700
- Total Revenues: $393,922
- Total Expenses: $399,000
Historical Giving Trends: The foundation's annual giving has fluctuated significantly, with $586,000 distributed across 14 grants in 2022, $364,000 across 6 grants in 2023, and $87,827 across 3 grants in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bali's Children Project ($60,327), Myriad Usa ($25,000), The Surfrider Foundation ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BALI'S CHILDREN PROJECT MORAGA, CA | PROGRAM SUPPORT - NEW SCHOOLS | $60,327 |
| MYRIAD USA NEW YORK, NY | BALI STREET MUMS FRIENDS FUND | $25,000 |
| THE SURFRIDER FOUNDATION SAN CLEMENTE, CA | PROGRAM SUPPORT - BEACH CLEAN-UP | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Jo-Ann Sykes serves as President of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JO-ANN SYKES | PRESIDENT/ACTING TREASURER, DIRECTOR | 2 | — |
| JOEL LEABMAN | SECRETARY,DIRECTOR | 2 | — |
| EDWARD ZIMMERMAN | DIRECTOR | 1 | — |
| MATTHEAU ABAD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Karmagawa Foundation Inc fund?
The foundation's stated purpose is to promote a better world through helping educate youth, protect wildlife, and save the environment. Primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Environmental protection and wildlife conservation
How do I apply for a grant from Karmagawa Foundation Inc?
**Grant Activity:** The foundation made 3 grants in 2024 totaling $87,827, with a median grant size of $25,000 and a range of $2,500 to $60,327. **Recent Grants (2024):** • The Bali Children's Project: $60,327 (Program Support - New Schools) • Myriad USA: $25,000 (Bali Street Mums Friends Fund) • The Surfrider Foundation: $2,500 (Program Support - Beach Clean-Up) **Application Policy:** The foundation operates on an invite-only basis and does not accept unsolicited applications.
Where does Karmagawa Foundation Inc make grants?
The foundation has primarily funded organizations working in international locations, with recent grants supporting programs in Bali and beach conservation efforts.
What size grants does Karmagawa Foundation Inc award?
In 2024, Karmagawa Foundation Inc awarded 3 grants totaling $88K — an average of about $29K per grant, based on its IRS Form 990 filings.
What is Karmagawa Foundation Inc's EIN?
Karmagawa Foundation Inc's EIN (Employer Identification Number) is 47-2344628. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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