Karsan Family Foundation
Karsan Family Foundation is a private foundation, based in Philadelphia, PA. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $3.0M in total assets. In 2023, it awarded 4 grants totaling $65K. Net investment income was $4K.
Key facts about Karsan Family Foundation
In short: Karsan Family Foundation gave $65K across 4 grants in 2023 (avg $16K), mostly in Pennsylvania. Source: 2023 IRS Form 990-PF.
- EIN
- 46-2163447
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $65,000
- Grants made (2023)
- 4
- Average grant
- $16,250
- Median grant
- $15,000
- Total assets
- $2,955,800
- Primary geography
- Pennsylvania (77% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated October 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$3.0M
Annual Giving
$65K
Grant Count
4
Avg Grant Size
$16K
Under IRS private-foundation payout rules, Karsan Family Foundation reported a distributable amount of $15K for 2023 — the minimum it must pay out in qualifying distributions.
How Karsan Family Foundation gives
- In 2023 it paid out 448% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Karsan Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $65K (2023) to $2.3M (2021). In 2023 it made 4 grants totaling $65K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2023
The largest 2023 recipient was The Welcoming Center ($25K). Together the top 4 received $65K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Welcoming Center Philadelphia, PA | General Purpose | $25,000 |
| Friends of the Rail Park Philadelphia, PA | General Purpose | $15,000 |
| Institute for Humane Education Surry, ME | General Purpose | $15,000 |
| Franklin Institute Philadelphia, PA | General Purpose | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2021 |
|---|---|---|
| Total Assets | $2,955,800 | $200,278 |
| Revenue | $4,428 | $396,843 |
| Expenses | $66,132 | $2,289,580 |
| Qualifying Distributions | $65,566 | $2,289,580 |
| Net Investment Income | $3,862 | $134,738 |
| Distributable Amount | $14,621 | $69,745 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- IRS filings on file for fiscal years 2021–2023
Leadership & Key People
Officers and directors from IRS filings
Karsan Family Foundation is led by Nooruddin S. Karsan, President on every filing since 2021; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Nooruddin S. Karsan
President
On filings since 2021
1 hr/week
No compensation reported
David S. Kovsky
Director
On filings since 2021
1 hr/week
No compensation reported
Nyla Koncurat
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Shirin Karsan
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2023. "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 Karsan Family Foundation
How much does Karsan Family Foundation give each year?
Karsan Family Foundation gave $65K across 4 grants in 2023, according to its 2023 IRS Form 990-PF.
What is Karsan Family Foundation's typical grant size?
Karsan Family Foundation's median grant in 2023 was $15,000, and its average grant was $16,250, across 4 grants on its 2023 IRS Form 990-PF.
Where does Karsan Family Foundation give grants?
Karsan Family Foundation gives mostly in Pennsylvania: 77% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Maine (23%). The most frequent recipient cities were Philadelphia, PA (3 grants).
Does Karsan Family Foundation give general operating support?
Yes: 100% of Karsan Family Foundation's 2023 grants with a stated purpose (4 of 4) were for general or operating support, per its 2023 IRS Form 990-PF.
How large is Karsan Family Foundation?
Karsan Family Foundation reported $3.0M in total assets on its 2023 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).
What is Karsan Family Foundation's EIN?
Karsan Family Foundation's EIN (Employer Identification Number) is 46-2163447. IRS Form 990 filing data is available on this page for 2021–2023.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Karsan Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Karsan Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Bradley L Goldberg Family Foundation
Mamaroneck, NY
The foundation supports conservation, education, arts, human welfare, and animal welfare, with most of its giving directed to New York organizations. Its 2025 grants ranged from $5,000 to $130,000, with a median of $10,000; it funds only preselected charities and does not accept unsolicited requests.
Assets
$6.9M
Grants
35
Total Given
$769K
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
The Philadelphia Cultural Fund Inc
Philadelphia, PA
The Philadelphia Cultural Fund provides unrestricted operating support to community-based arts and culture organizations across disciplines. Its 2026 Art & Culture Grant offered $12,500 for one year; in 2025, grants had a median of $17,892. Applicants must have an official business address in Philadelphia, and the Fund accepted applications for its 2026 cycle, which is now closed.
Assets
$7.3M
Grants
234
Total Given
$7.8M
Atairos Charitable Foundation
Bryn Mawr, PA
The foundation supports organizations working in areas such as health, education, civil liberties, immigration services, and family support, with most 2025 grant dollars going to Pennsylvania and New York recipients. Its 42 grants ranged from $150 to $24,000, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.2M
Grants
42
Total Given
$109K
The Thomas and Tracey Gravina Foundation
West Palm Beach, FL
The foundation supports a range of charitable organizations, including universities, youth programs, and community organizations, primarily in Pennsylvania and Florida. In 2024, grants ranged from $308 to $100,000, with a median of $9,166. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$5.4M
Grants
24
Total Given
$495K
The Saul and Bernardine Kaplan
Philadelphia, PA
The Saul and Bernardine Kaplan funds charitable organizations across varied areas, with most of its grants going to Pennsylvania and a smaller share to Maryland. Recent awards ranged from $2,000 to $25,000, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$316K
Grants
13
Total Given
$70K
The Weitzel Family Foundation
Gates Mills, OH
The Weitzel Family Foundation supports charitable organizations across varied fields, including animal welfare, education, health, homelessness, arts, and parks, with most 2024 funding going to Ohio, followed by Pennsylvania and the U.S. Virgin Islands. Its 2024 grants ranged from $500 to $15,000, with a median of $2,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.5M
Grants
54
Total Given
$134K
Lancaster County Community Foundation
Lancaster, PA
The Lancaster County Community Foundation funds community-benefit organizations and programs across a range of areas that benefit Lancaster County residents, with some specific funds also serving Cumberland County or municipalities. In 2024, grants ranged from $5,020 to $1,050,000, with a median of $18,695. Its general grant applications are closed and expected to reopen in March 2027; the profile does not state whether unsolicited requests are accepted.
Assets
$184.6M
Grants
373
Total Given
$14.8M
Henrietta Tower Wurts Memorial
Philadelphia, PA
The Henrietta Tower Wurts Memorial funds programs and general operating support for organizations serving disadvantaged children and youth or older adults in Philadelphia, with a preference for smaller organizations offering holistic, community-involved programming. Typical grants are $1,000–$5,000; eligible organizations must have budgets under $2.5 million. It accepts applications through its application page.
Assets
$4.6M
Grants
91
Total Given
$211K
The Triskeles Foundation
Glenmoore, PA
The Triskeles Foundation supported education, equity and environmental health, housing, arts, and social movements, with 2020 grants ranging from $32,400 to $380,000 and averaging about $24,700. Its grantees were in several states, including Pennsylvania, California, Florida, and New York. The foundation ceased operations and dissolved in 2020; the profile does not state whether it accepted unsolicited requests.
Assets
—
Grants
1
Total Given
$14K
The Gary M and Patricia B Holloway Family Foundation
Newtown Square, PA
The foundation supports Pennsylvania charitable organizations, with recent grants going to hospitals, religious organizations, a university, and cancer-related groups. In 2024, it made 11 grants ranging from $5,000 to $50,000, with a median of $10,000. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$9K
Grants
11
Total Given
$203K
More Funders in Pennsylvania
Karsan Family Foundation down — hundreds of funders to go?