Karp Family Foundation Stephen R and
KARP FAMILY FOUNDATION STEPHEN R AND is a private foundation based in Boston, Massachusetts. Its 2025 filing reports 31 grants totaling $2,012,884, including support for charitable organizations, a college, a school, and other nonprofits.
Key facts about Karp Family Foundation Stephen R and
In short: Karp Family Foundation Stephen R and gave $2.0M across 31 grants in 2025 (avg $65K), mostly in Massachusetts. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 04-3226725
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,012,884
- Grants made (2025)
- 31
- Average grant
- $64,932
- Median grant
- $20,000
- New grantees (estimate)
- 23% first-time grantees (7 of 31, 2025)
- Total assets
- $917,856
- Primary geography
- Massachusetts (77% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$918K
+71.0% YoY
Annual Giving
$2.0M
-51.4% YoY
Grant Count
31
-59.7% YoY
Avg Grant Size
$65K
+20.6% YoY
Under IRS private-foundation payout rules, Karp Family Foundation Stephen R and reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.
Is Karp Family Foundation Stephen R and open to new grantees?
23%
first-time grantees, 2025
In 2025, 7 of 31 grantees (23%) were first-time recipients. First grants averaged $17K; repeat grants $79K. How we count
Medians: $3K first-time, $23K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 34% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include organizations working in education, community-building, and other charitable areas. For example, Facing History & Ourselves says it uses history to equip teachers and students to stand up to bigotry and hate. Our Generation Speaks describes its mission as building an entrepreneurial community of leaders to shape a more peaceful Israeli-Palestinian future. Getting to We says it develops charitable initiatives and educational projects focused on building trust across social differences. These are the grantees’ descriptions, not stated foundation priorities.
Grantmaking
In 2025, the foundation made 31 grants totaling $2,012,884. Grants ranged from $100 to $500,000, with a median grant of $20,000. Its largest listed grants were $500,000 to Facing History & Ourselves and $400,000 each to Boston Youth Sanctuary and Union College. Other listed grants included $160,000 to Temple Beth Avodah and $60,000 each to Our Generation Speaks, The Joey Fund, and Theatre Workshop of Nantucket.
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Geographic Focus
Where this funder awards grants
In 2025, 77% of grant dollars went to recipients in Massachusetts and 20% to recipients in New York. Ohio accounted for 2%; Maryland and Maine each accounted for 0% as reported.
Grant Distribution by State
Share of all 31 itemized 2025 grant dollars.
Cities
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
181 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FACING HISTORY & OURSELVES Brookline, MA | CHARITABLE CONTRIBUTION | $500,000 |
| BOSTON YOUTH SANCTUARY Dorchester Center, MA | CHARITABLE CONTRIBUTION | $400,000 |
| UNION COLLEGE Schenectady, NY | CHARITABLE CONTRIBUTION | $400,000 |
| TEMPLE BETH AVODAH Newton Centre, MA | CHARITABLE CONTRIBUTION | $160,000 |
| OUR GENERATION SPEAKS Waltham, MA | CHARITABLE CONTRIBUTION | $60,000 |
| THE JOEY FUND Natick, MA | CHARITABLE CONTRIBUTION | $60,000 |
| THEATRE WORKSHOP OF NANTUCKET INC Nantucket, MA | CHARITABLE CONTRIBUTION | $60,000 |
| BELMONT HILL SCHOOL Belmont, MA | CHARITABLE CONTRIBUTION | $50,000 |
| GETTING TO WE INC Cleveland, OH | CHARITABLE CONTRIBUTION | $50,000 |
| WILLIAM JAMES Newton, MA | CHARITABLE CONTRIBUTION | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant total | Grant count |
|---|---|---|---|---|---|
| 2025 | $917,856 | $2,453,707 | $2,065,651 | $2,012,884 | 31 |
| 2024 | $536,800 | $3,937,344 | $4,239,326 | $4,144,929 | 77 |
| 2023 | $852,467 | $4,742,051 | $4,497,454 | $4,426,490 | 29 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $917,856 | $536,800 | $852,467 |
| Revenue | $2,453,707 | $3,937,344 | $4,742,051 |
| Expenses | $2,065,651 | $4,239,326 | $4,497,454 |
| Qualifying Distributions | $2,012,884 | $4,144,929 | $4,426,490 |
| Net Investment Income | $1,316,912 | $2,563,126 | $3,062,763 |
| Distributable Amount | $7,213 | — | $43,710 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Stephen R. Karp and Jill E. Karp as trustees.
Karp Family Foundation Stephen R and's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jill E. Karp
Trustee
On filings since 2021
0.2 hrs/week
No compensation reported
Stephen R. Karp
Trustee
On filings since 2021
0.2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Co Ned 75 Park Plaza Third Floor, Boston, MA 02116
Phone: (617) 965-8700
Frequently asked questions about Karp Family Foundation Stephen R and
How much does Karp Family Foundation Stephen R and give each year?
Karp Family Foundation Stephen R and gave $2.0M across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.1M across 77 grants.
What is Karp Family Foundation Stephen R and's typical grant size?
Karp Family Foundation Stephen R and's median grant in 2025 was $20,000, and its average grant was $64,932, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Karp Family Foundation Stephen R and that year got $17K on average.
Where does Karp Family Foundation Stephen R and give grants?
Karp Family Foundation Stephen R and gives mostly in Massachusetts: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (20%). The most frequent recipient cities were Boston, MA (8 grants), Nantucket, MA (5 grants) and Brookline, MA (2 grants).
Who are Karp Family Foundation Stephen R and's largest grantees?
Karp Family Foundation Stephen R and's largest 2025 grantees include Facing History & Ourselves ($500,000), Boston Youth Sanctuary ($400,000) and Union College ($400,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is Karp Family Foundation Stephen R and?
Karp Family Foundation Stephen R and reported $918K in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What does Karp Family Foundation Stephen R and fund?
No mission statement for the foundation is provided. Its 2025 grants include organizations working in education, community-building, and other charitable areas. For example, Facing History & Ourselves says it uses history to equip teachers and students to stand up to bigotry and hate. Our Generation Speaks describes its mission as building an entrepreneurial community of leaders to shape a more peaceful Israeli-Palestinian future. Getting to We says it develops charitable initiatives and educat…
How do I apply for a grant from Karp Family Foundation Stephen R and?
The foundation states that it 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 Karp Family Foundation Stephen R and's EIN?
Karp Family Foundation Stephen R and's EIN (Employer Identification Number) is 04-3226725. IRS Form 990 filing data is available on this page for 2021–2025.
Does Karp Family Foundation Stephen R and accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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