Karmart for Kids Foundation

BURLINGTON, WA EIN: 26-0716610

Karmart for Kids Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $1.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1K

-62.5% YoY

Annual Giving

$8K

-72.6% YoY

Grant Count

-62.5% YoY

Avg Grant Size

$3K

-26.9% YoY

Under IRS private-foundation payout rules, Karmart for Kids Foundation reported a distributable amount of $151 for 2024 — the minimum it must pay out in qualifying distributions.

About Karmart for Kids Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $31K (36%)

Hawaii $30K (35%)

Pennsylvania $26K (30%)

States

Hawaii Pennsylvania Washington

Cities

BurlingtonConcreteEverettHolualoaKahuluiKiheiKulaMakawaoPukalaniPuyallupSeattleSedro WoolleyWailukuWilliamsport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,085	$2,893	$2,883
Revenue	$6,275	$29,741	$20,684
Expenses	$8,083	$29,731	$24,111
Qualifying Distributions	$8,083	$29,731	$24,111
Net Investment Income	$1	$1	$2
Distributable Amount	$151	$329	$268

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

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Maui County Baptist Association ($4,083), Concrete Youth Sports Association ($2,000), Skagit Quarter Midget Racing ($2,000).

Recipient	Purpose	Amount
CONCRETE YOUTH SPORTS ASSOCIATION CONCRETE, WA	TO PROVIDE YOUTH SPORTS TO KIDS THROUGHOUT THE SMALL COMMUNITY OF CONCRETE, HOSTING FUNDRAISERS AND COMMUNITY ACTIVITIES TO KEEP THE SPORTS AFFORDABLE	$2,000
SKAGIT QUARTER MIDGET RACING BURLINGTON, WA	TO PROVIDE RACING TRACKS FOR FAMILIES	$2,000
MAUI COUNTY BAPTIST ASSOCIATION KAHULUI, HI	LAHAINA FIRE RELIEF	$4,083

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BOB CAMPBELL	PRESIDENT	1	—
TINA CAMPBELL	SECRETARY	1	—
ROXANNE TERREBERRY	TREASURER	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Karmart for Kids Foundation?

Karmart for Kids Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, WA. It holds $1K in total assets as of 2024.

How large is Karmart for Kids Foundation?

As of 2024, Karmart for Kids Foundation holds $1K in total assets with $6K in annual revenue. It awarded 3 grants totaling $8K in 2024.

Where does Karmart for Kids Foundation operate?

Karmart for Kids Foundation has awarded grants in Hawaii, Pennsylvania, Washington.

What size grants does Karmart for Kids Foundation award?

In 2024, Karmart for Kids Foundation awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Karmart for Kids Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karmart for Kids Foundation reported a distributable amount of $151 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.