Karnell Foundation Inc
Karnell Foundation Inc is a private foundation based in Phoenix, Arizona. In its 2025 filing, it reported 24 grants totaling $517,744 to charitable organizations, including organizations in Arizona and several other states.
Karnell Foundation Inc at a glance
In short: Karnell Foundation Inc gave $518K across 24 grants in 2025 (avg $22K), top state Arizona. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $517,744
- +233.4% vs 2024
- Grants made (2025)
- 24
- +33.3% vs 2024
- Average grant
- $21,573
- +150.0% vs 2024
- Median grant
- $10,000
- Total assets
- $6,364,581
- +31.3% vs 2024
- New grantees (estimate)
- 17% first-time grantees (4 of 24, 2025; small sample)
- Primary geography
- Arizona (29% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Karnell Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 712 W Kaler, Phoenix, AZ 85021
Phone: (602) 809-5636
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Karnell Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Thomas Moore Society ($101K). Together the top 10 received $441K.
Grant Size Distribution
114 grants across all recorded years
The most common grant size was under $50K: 107 grants of 114 (94%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars by recipient state went to Arizona (29%), Illinois (19%), Colorado (13%), Missouri (10%), and North Carolina (10%). The listed grants also went to organizations in other states.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
States
Cities
Is Karnell Foundation Inc open to new grantees?
17%
first-time grantees, 2025
In 2025, 4 of 24 grantees (17%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $36K; repeat grants $19K. How we count
Medians: $38K first-time, $10K repeat.
- 46% of 2025 grantees were also funded in 2024. Method
- Giving grew 116% from 2022 to 2025. Method
- In 2025 it paid out 270% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $115K (2019) to $518K (2025). In 2025 it made 24 grants totaling $518K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Thomas Moore Society Chicago, IL | General Assistance | $100,500 |
| Rose Community Foundation Denver, CO | General Assistance | $66,666 |
| St Vincent Depaul St. Louis, MO | Assistance with the Homeless and Needy | $50,000 |
| Duke University Foundation Durham, NC | General Assistance | $50,000 |
| Congregation Beth Israel Scottsdale, AZ | General Fund | $38,385 |
| Jewish National Fund New York, NY | General fund contribution for the preservation of the people of israel | $30,000 |
| Mission of Mercy Fairfield, PA | General Fund | $29,548 |
| The Jewish Federation Scottsdale, AZ | General Fund | $25,750 |
| Cteen of the Valley Phoenix, AZ | General Fund | $25,000 |
| Coelho Ranch Foundation Greenfield, CA | General Assistance | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,364,581 | $2,034,814 | $518,419 | $517,744 | 24 | $517,744 | $284,312 | $191,430 |
| 2024 | $4,848,186 | $491,395 | $155,968 | $155,293 | 18 | $155,293 | $335,427 | $141,326 |
| 2023 | $4,512,759 | $-66,572 | $205,299 | $204,649 | 29 | $204,649 | $26,267 | — |
| 2022 | $4,784,630 | $1,721,950 | $240,813 | $239,629 | 22 | $239,629 | $1,503,484 | — |
| 2021 | $3,303,493 | $2,174,325 | $274,535 | $272,590 | 21 | $272,590 | $1,276,561 | $218,281 |
| 2020 | $1,403,703 | $955,108 | $138,069 | $136,600 | 16 | — | $451,769 | — |
| 2019 | $586,664 | $133,749 | $117,367 | $115,498 | 22 | — | $23,882 | — |
Under IRS private-foundation payout rules, Karnell Foundation Inc reported a distributable amount of $191K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included general assistance and general fund contributions, as well as a grant designated for assistance with the homeless and needy.
The supported organizations described in their own words include Rose Community Foundation, which says it works to strengthen communities in Greater Denver and beyond through philanthropy and services for donors and nonprofits, including work in Jewish focus areas. Life Choices Women’s Clinic describes itself as providing medical care, counseling, and education to women and their families. Phoenix Children’s Hospital says its mission is to advance hope, healing, and the best healthcare for children and their families.
Grantmaking
In 2025, the foundation made 24 grants totaling $517,744. Grant amounts ranged from $1,000 to $100,500, with a median grant of $10,000.
Among its largest 2025 grants were $100,500 to Thomas Moore Society, $66,666 to Rose Community Foundation, $50,000 to St Vincent DePaul, and $50,000 to Duke University Foundation. Other grants included $38,385 to Congregation Beth Israel, $30,000 to Jewish National Fund, $29,548 to Mission of Mercy, $25,750 to The Jewish Federation, $25,000 to CTeen of the Valley, and $25,000 to Coelho Ranch Foundation. It also gave $10,000 each to Life Choices Women’s Clinic and Phoenix Children’s Hospital.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jerrold B. Karnell and Jean M. Karnell as trustees.
Karnell Foundation Inc's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jean M. Karnell
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Jerrold B. Karnell
Trustee
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Karnell Foundation Inc
How much does Karnell Foundation Inc give each year?
Karnell Foundation Inc gave $518K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $155K across 18 grants.
What is Karnell Foundation Inc's typical grant size?
Karnell Foundation Inc's median grant in 2025 was $10,000, and its average grant was $21,573, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Karnell Foundation Inc that year got $36K on average.
Where does Karnell Foundation Inc give grants?
Karnell Foundation Inc's top state is Arizona, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (19%) and Colorado (13%). The most frequent recipient cities were Phoenix, AZ (8 grants), Scottsdale, AZ (2 grants) and Flagstaff, AZ (2 grants).
Does Karnell Foundation Inc give general operating support?
Yes: 83% of Karnell Foundation Inc's 2025 grants with a stated purpose (20 of 24) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Karnell Foundation Inc's largest grantees?
Karnell Foundation Inc's largest 2025 grantees include Thomas Moore Society ($100,500), Rose Community Foundation ($66,666) and St Vincent Depaul ($50,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.
How large is Karnell Foundation Inc?
Karnell Foundation Inc reported $6.4M in total assets on its 2025 IRS Form 990-PF. It paid out $518K in qualifying distributions that year, against a required minimum of $191K (roughly 5% of its investment assets).
What does Karnell Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included general assistance and general fund contributions, as well as a grant designated for assistance with the homeless and needy. See mission & focus areas ↑
How do I apply for a grant from Karnell Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Karnell Foundation Inc's EIN?
Karnell Foundation Inc's EIN (Employer Identification Number) is 20-8117573. IRS Form 990 filing data is available on this page for 2019–2025.
Does Karnell Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 13, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 19, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Karnell Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Karnell Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Karnell Foundation Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/karnell-foundation-inc-morg_6c07513635ad40e08676265cfff6c917
BibTeX
@misc{grantable_208117573_2026,
author = {{Grantable}},
title = {{Karnell Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/karnell-foundation-inc-morg_6c07513635ad40e08676265cfff6c917},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Karnell 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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