Karsten Family Foundation Inc

FORT WORTH, TX EIN: 84-4036992

Karsten Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $608K in total assets. In 2024, it awarded 11 grants totaling $54K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$608K

+2.4% YoY

Annual Giving

$54K

+40.8% YoY

Grant Count

11

-21.4% YoY

Avg Grant Size

$5K

+79.2% YoY

About Karsten Family Foundation Inc

Based on IRS filings

Karsten Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $608K in total assets. In 2024, it awarded 11 grants totaling $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AustinColleyvilleCypressDallasEast MolineEncinitasFort WorthHoustonKatyLancasterMckinneyNew YorkPhoenixRichardsonRockportSeattleSugar LandTrevorWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$49K$74K$99K2021202220232024
Metric202420232022
Total Assets$608,084$594,122$494,256
Revenue$46,350$5,155$28,266
Expenses$62,790$38,492$51,659
Qualifying Distributions$54,201$38,492$51,459
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$45K$67K$90K10 grants202114 grants202214 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF HOUSTON$30KAMAZON SMILE$7KTHE NET FORT WORTH$6KJUSTINS PLACE$4KCY - HOPE$3KPURMERCY HOUSE GLO$3KCWBBA$1KBIRDIES FOR CHARITY$500TMF$500FOOD FOR THE HUNGRY$350

Grant Size Distribution

49 grants across all recorded years

48<$50K1$50–100K$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 University of Houston ($30,000), Amazon Smile ($7,049), The Net Fort Worth ($6,000).

RecipientPurposeAmount
AAUW WASHINGTON, DCADVANCES GENDER EQUITY FOR WOMEN AND GIRLS THROUGH RESEARCH, EDUCATION, AND ADVOCACY$100
FOOD FOR THE HUNGRY PHOENIX, AZPROVIDES LIFE-CHANGING RESOURCES SUCH AS CLEAN WATER, MEDICAL AID, FOOD, EQUAL EDUCATIONAL OPPORTUNITIES TO GIRLS AND BOYS, VOCATIONAL TRAINING AND EMPOWERMENT IN THE MIDST OF UNIMAGINABLE HARDSHIPS.$350
BIRDIES FOR CHARITY EAST MOLINE, ILHELPS FUND OTHER NONPROFITS$500
TMF AUSTIN, TXEMPOWERS CHURCHES AND MINISTRIES IN TEXAS$500
CWBBA FORT WORTH, TXSUPPORTS BEAUTY AND BARBER PROFESSIONALS THROUGH EDUCATION, NETWORKING, AND BUSINESS DEVELOPMENT$1,100
PURMERCY HOUSE GLO TREVOR, WISUPPORTS YOUTH DEVELOPMENT AND ADVOCACY$2,500
CY - HOPE CYPRESS, TXTO TARGET AND DEVELOP SOCIAL SKILL AND EMOTIONAL DEVELOPMENT THROUGH THERAPY.$2,602
JUSTINS PLACE FORT WORTH, TXPROVIDES ASSISTANCE WITH TECHNOLOGY AND RESOURCES TO HELP ACCESS TO JOB AND EDUCATIONAL OPPORTUNITIES TO HELP SINGLE MOTHERS BUILD RESUMES, APPLY FOR JOBS AND SCHEDULE INTERVIEWS.$3,500
THE NET FORT WORTH FORT WORTH, TXTO FIGHT AND PREVENT SEX TRAFFICKING, AND SUPPORT SURVIVORS.$6,000
AMAZON SMILE SEATTLE, WASUPPORTING COMMUNITITES GLOBALLY.$7,049

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS KARSTENPRESIDENT2
KIMBERLY KARSTENTREASURER1
MATTIE KARSTEN RICESECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Karsten Family Foundation Inc?

Karsten Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. It holds $608K in total assets as of 2024.

How large is Karsten Family Foundation Inc?

As of 2024, Karsten Family Foundation Inc holds $608K in total assets with $46K in annual revenue. It awarded 11 grants totaling $54K in 2024.

Where does Karsten Family Foundation Inc operate?

Karsten Family Foundation Inc has awarded grants in Arizona, California, District of Columbia, Illinois, New York, Pennsylvania, Texas, Washington, Wisconsin.

What size grants does Karsten Family Foundation Inc award?

In 2024, Karsten Family Foundation Inc awarded 11 grants totaling $54K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Karsten Family Foundation Inc's EIN?

Karsten Family Foundation Inc's EIN (Employer Identification Number) is 84-4036992. IRS Form 990 filing data is available on this page for 2021–2024.

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

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