Karney Flaster Family Foundation

LA JOLLA, CA EIN: 65-1211478

Karney Flaster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA JOLLA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 37 grants totaling $519K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0M

Annual Giving

$519K

Grant Count

37

Avg Grant Size

$14K

Under IRS private-foundation payout rules, Karney Flaster Family Foundation reported a distributable amount of $595K for 2024 — the minimum it must pay out in qualifying distributions.

About Karney Flaster Family Foundation

Based on IRS filings

Karney Flaster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA JOLLA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. In 2024, it awarded 37 grants totaling $519K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

CambridgeCarsonCoronaCortlandDallasEncinitasLa JollaLos AngelesMontgomeryNew YorkSan DiegoWarwickWashingtonWindermere

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$372K$743K$1M$1M202020212024
Metric202420212020
Total Assets$7,961,398$7,531,119$7,051,387
Revenue$1,119,537$892,508$1,351,313
Expenses$571,684$412,776$308,102
Qualifying Distributions$518,667$348,830
Net Investment Income$1,067,927$841,591$735,017
Distributable Amount$595,343$512,870$413,337

Giving Over Time

Total grant dollars and number of grants per year

$0$130K$259K$389K$519K27 grants202031 grants202137 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JEWISH FAMILY SERVICES$105KPLANNED PARENTHOOD OF TH…$57KSALVATION ARMY$50KSCRIPPS INSTITUTION OF O…$50KFRIENDS OF THE ISRAELI D…$30KACLU FOUNDATION$25KLA JOLLA COMMUNITY FOUND…$23KWASHINGTON INSTITUTE$20KOLD GLOBE THEATRE$15KJEWISH FEDERATION OF SAN…$14K

Grant Size Distribution

95 grants across all recorded years

89<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Family Services ($105,000), Planned Parenthood of the Pacific Southwest ($56,500), Salvation Army ($50,000).

RecipientPurposeAmount
ACLU FOUNDATION SAN DIEGO, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$25,000
ATHENAEUM MUSIC & ARTS LIBRARY LA JOLLA, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$500
CENTER FOR PUBLIC INTEGRITY WASHINGTON, DCPUBLIC SUPPORT OF ORGANIZATION MISSION$2,045
CONGREGATION BETH ISRAEL SAN DIEGO, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$10,341
FEEDING SAN DIEGO SAN DIEGO, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$10,422
FRIENDS OF THE ISRAELI DEFENSE FORCE NEW YORK, NYPUBLIC SUPPORT OF ORGANIZATION MISSION$30,000
HEBREW FREE LOAN OF SAN DIEGO LA JOLLA, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$5,113
HILLEL OF SAN DIEGO SAN DIEGO, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$515
IMPACT CUBED ENCINITAS, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$2,500
INEWSOURCEORG SAN DIEGO, CAPUBLIC SUPPORT OF ORGANIZATION MISSION$5,149

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSANNA KARNEY FLASTERPRESIDENT, SECRETARY & CFO1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Karney Flaster Family Foundation?

Karney Flaster Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LA JOLLA, CA. It holds $8.0M in total assets as of 2024.

How large is Karney Flaster Family Foundation?

As of 2024, Karney Flaster Family Foundation holds $8.0M in total assets with $1.1M in annual revenue. It awarded 37 grants totaling $519K in 2024.

Where does Karney Flaster Family Foundation operate?

Karney Flaster Family Foundation has awarded grants in Alabama, California, District of Columbia, Florida, Massachusetts, New York, Rhode Island, Texas.

What size grants does Karney Flaster Family Foundation award?

In 2024, Karney Flaster Family Foundation awarded 37 grants totaling $519K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Karney Flaster Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Karney Flaster Family Foundation reported a distributable amount of $595K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Karney Flaster Family Foundation's EIN?

Karney Flaster Family Foundation's EIN (Employer Identification Number) is 65-1211478. IRS Form 990 filing data is available on this page for 2020–2024.

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

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