Karp Family Foundation
The Karp Family Foundation is a private foundation based in Orchard Lake, Michigan. Established in 2014, it operates as a 501(c)(3) organization with tax-exempt status granted in July 2014. The foundation focuses on charitable giving across multiple sectors, with particular emphasis on education, human services, and Jewish causes.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.4M
-38.3% YoY
Annual Giving
$877K
+9.0% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$44K
+3.6% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy and voluntarism
- Human services
- Holocaust education and historical preservation
- Jewish nonprofits and community organizations
Grantmaking
The foundation administers several grant programs including unrestricted grants, a professorship fund, and an excursion to Auschwitz program.
Grant Range
$1,000–$630,000
Average Grant
amount: Approximately $41,485 (unrestricted grants)
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Michigan, Ohio, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending February 2025:
- Total assets: $11,405,644
- Total revenue: $796,255
- Total expenses: $1,006,437
- Net income: -$210,182
- Total liabilities: $0
- Giving rate: 7.6%
Revenue Sources:
- Interest earned on assets held for charitable purposes
- Dividends earned on securities held for charitable purposes
- Other investment income earned on assets held for charitable purposes
- Gains on the sale of securities held for charitable purposes
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,405,644 | $18,499,272 | $16,552,615 |
| Revenue | $796,255 | $1,061,531 | $491,181 |
| Expenses | $1,006,437 | $904,488 | $1,050,396 |
| Qualifying Distributions | $879,428 | $804,133 | $933,980 |
| Net Investment Income | $669,246 | $961,176 | $374,765 |
| Distributable Amount | $959,674 | $869,997 | $826,003 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Gabriella Karp – President
- Gary Karp – Treasurer (1 hour per week)
- David Karp – Secretary (0.5 hours per week)
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gabriella Karp | President | — | — |
| Gary Karp | Treasurer | 1 | — |
| David Karp | Secretary | 0.5 | — |
Contact Information
Address: 4455 South Bay Drive, Orchard Lake, MI 48323
Phone: (248) 952-1502
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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