Karp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $344 in total assets. In 2024, it awarded 3 grants totaling $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$344
-26.7% YoY
Annual Giving
$35K
+250.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$12K
+16.7% YoY
Under IRS private-foundation payout rules, Karp Foundation Inc reported a distributable amount of $122 for 2024 — the minimum it must pay out in qualifying distributions.
About Karp Foundation Inc
Based on IRS filings
Karp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $344 in total assets. In 2024, it awarded 3 grants totaling $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $344 | $469 | $820 |
| Revenue | $37,184 | $13,620 | $16,274 |
| Expenses | $37,320 | $13,978 | $24,353 |
| Qualifying Distributions | $35,000 | $10,000 | $24,000 |
| Net Investment Income | — | — | $1,231 |
| Distributable Amount | $122 | $57 | $249 |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cooking With Kids ($15,000), Lamb Institute ($15,000), Cancer Foundation for New Mexico ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CANCER FOUNDATION FOR NEW MEXICO SANTA FE, NM | UNRESTRICTED SUPPORT | $5,000 |
| COOKING WITH KIDS SANTA FE, NM | UNRESTRICTED SUPPORT | $15,000 |
| LAMB INSTITUTE MOUNT PLEASANT, SC | UNRESTRICTED SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRAD C KARP | PRESIDENT | 1 | — |
| BELINDA KARP | SECRETARY/TREASURER | 1 | — |
| MELISSA BUTTS GOERTZ | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Karp Foundation Inc?
Karp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA FE, NM. It holds $344 in total assets as of 2024.
How large is Karp Foundation Inc?
As of 2024, Karp Foundation Inc holds $344 in total assets with $37K in annual revenue. It awarded 3 grants totaling $35K in 2024.
Where does Karp Foundation Inc operate?
Karp Foundation Inc has awarded grants in New Mexico, South Carolina.
What size grants does Karp Foundation Inc award?
In 2024, Karp Foundation Inc awarded 3 grants totaling $35K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Karp Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karp Foundation Inc reported a distributable amount of $122 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karp Foundation Inc's EIN?
Karp Foundation Inc's EIN (Employer Identification Number) is 82-1951508. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karp Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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