Karuna Foundation logo

Karuna Foundation

Private foundation · Grantmaker Portland, OR EIN: 27-2831197 Website

Karuna Foundation is a Portland, Oregon–based private foundation founded in 2010 by Eric Lemelson. It supports organizations working on climate change mitigation and adaptation, with a grantmaking focus the foundation says has been on projects and initiatives in Bhutan.

Karuna Foundation at a glance

In short: Karuna Foundation gave $711K across 11 grants in 2024 (avg $65K), top state New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$710,815
-14.3% vs 2023
Grants made (2024)
11
+57.1% vs 2023
Average grant
$64,620
-45.5% vs 2023
Median grant
$42,337
Total assets
$18,624,945
+2.8% vs 2023
Primary geography
New York (38% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to Karuna Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.

Contact

Mailing address: 3514 N Vancouver Avenue 320, Portland, OR 97227
Phone: (503) 841-5206
Website: https://www.karunafound.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Karuna Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

JSW Bhutan Legal Education Foundation: $270K across 2 grantsJSW Bhutan Legal EducationFoundation$270K · 2 grantsBhutan Foundation: $175K across 4 grantsBhutan Foundation$175K · 4 grantsInternational Cryosphere Climate Initiative: $100KInternational CryosphereClimate Initiative$100KJigme Singye Wangchuck School of Law: $75KJigme Singye Wangchuck Schoolof Law$75KLewis & Clark Law School: $42KLewis & Clark Law School$42KTarayana Foundation: $39KTarayana Foundation$39K

The largest 2024 recipient was JSW Bhutan Legal Education Foundation ($270K across 2 grants). Together the top 6 received $701K.

Organizations only. It also paid 1 grant to individuals ($9,578), which are not listed by name.

Grant Size Distribution

40 grants across all recorded years

24<$50K6$50–100K7$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 40 (60%).

Geographic Focus

Where this funder awards grants

The foundation says its grantmaking has focused on Bhutan and the Himalayan region. Its 2024 grants were reported to recipients with listed locations in New York, Washington, D.C., Vermont, and Oregon, as well as recipients whose locations were not specified.

Grant Distribution by State

5states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

WashingtonNew YorkPawletPortlandMerrifield

How Karuna Foundation gives

  • Giving grew 45% from 2021 to 2024. Method
  • In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M5 grants2020 8 grants2021 9 grants2022 7 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $336K (2020) to $830K (2023). In 2024 it made 11 grants totaling $711K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
JSW Bhutan Legal Education Foundation New York, NYSupport for climate change institute at jsw school of law$265,089
International Cryosphere Climate Initiative Pawlet, VTGeneral Operating Support$100,000
Bhutan Foundation Washington, DCGeneral Operating Support$75,000
Jigme Singye Wangchuck School of Law Law Library Maintenance Program$75,000
Bhutan Foundation Washington, DCGeneral Operating Funds Bhutan Ecological Society$54,000
Lewis & Clark Law School Portland, OREducational Scholarships$42,337
Tarayana Foundation Support for Housing Program$38,811
Bhutan Foundation Washington, DCSmall Grants Program$25,000
Bhutan Foundation Washington, DCBhutan Ecological Society Groundwater Meetings$21,000
1 grant to individuals Recipients not named —$9,578
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$18,624,945$1,075,242$1,155,405$710,81511$967,956$898,216$905,508
2023$18,119,973$112,712$1,413,352$829,5127$1,236,886$123,594$857,940
2022$17,001,832$-36,218$1,200,611$569,1759$951,216$114,655$906,193
2021$21,938,862$2,136,105$1,116,116$488,7008$911,606$1,956,972$1,015,822
2020$20,350,408$689,326$1,149,961$335,8145—$524,268$885,916

Under IRS private-foundation payout rules, Karuna Foundation reported a distributable amount of $906K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation describes its mission as supporting climate change mitigation and adaptation, particularly in vulnerable regions and communities. Its website says its grantmaking has focused on Bhutan and the Himalayan region.

Its listed giving includes support for a law school library and climate and environmental law work, ecological programs, climate-resilient housing, scholarships, and cryosphere-related work. The International Cryosphere Climate Initiative, which received $100,000 in 2024, describes its mission as connecting scientists, policymakers, and people affected by climate change in the cryosphere—including the Himalayas—and in downstream and low-lying nations.

Grantmaking

In 2024, the foundation reported 11 grants totaling $710,815. Grant amounts ranged from $5,000 to $265,089, with a median of $42,337.

Among the 2024 grants were $265,089 to JSW Bhutan Legal Education Foundation for support for a climate change institute at JSW School of Law; $100,000 to the International Cryosphere Climate Initiative for general operating support; and $75,000 to Bhutan Foundation for general operating support. Other grants included $75,000 to an individual recipient Wangchuck School of Law for its law library maintenance program, $54,000 to Bhutan Foundation for general operating funds for Bhutan Ecological Society, and $42,337 to Lewis & Clark Law School for educational scholarships.

The foundation’s grant history also lists 2025 support for initiatives including climate-resilient housing, a law library, environmental law, and ecological programs; it does not give amounts for those entries.

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation’s 2024 filing lists Lindsay Skog as executive director and Eric Lemelson as president. It lists Tom Novick as secretary and Jennifer Bruml, Lisa Danzig, Brad Harrison, Jeremiah Lemelson, Patrick Maloney, Julia Novy, and Holly Pruett as directors. The foundation’s website identifies Eric Lemelson as its founder and says he established the foundation in 2010.

Karuna Foundation is led by Lindsay Skog, Executive Director on every filing since 2023; 1 of 12 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Lindsay Skog

    Executive Director

    On filings since 2023

    40 hrs/week

    $140K (2023) → $140K (2024)

  • Eric Lemelson

    President

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Amy Wong

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Holly Pruett

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer Bruml

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lisa Danzig

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Patrick Maloney

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julia Novy

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brad Harrison

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jeremiah Lemelson

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jo Anne Welsch

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Tom Novick

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: Lafcadio Cortesi (2020–2022) — Director
  • Former: Elizabeth Kaufman (2020) — Director
  • Former: Julia Novy-Hildesley (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Lindsay Skog — Executive Director: $140KLindsay SkogExecutive Director$140K

The highest reported compensation on the 2024 filing was $140K, to Lindsay Skog (Executive Director).

Frequently asked questions about Karuna Foundation

How much does Karuna Foundation give each year?

Karuna Foundation gave $711K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $830K across 7 grants.

What is Karuna Foundation's typical grant size?

Karuna Foundation's median grant in 2024 was $42,337, and its average grant was $64,620, across 11 grants on its 2024 IRS Form 990-PF.

Where does Karuna Foundation give grants?

Karuna Foundation's top state is New York, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (25%) and Vermont (14%). The most frequent recipient cities were Washington, DC (4 grants) and New York, NY (2 grants).

Does Karuna Foundation give general operating support?

Yes: 27% of Karuna Foundation's 2024 grants with a stated purpose (3 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Karuna Foundation's largest grantees?

Karuna Foundation's largest 2024 grantees include JSW Bhutan Legal Education Foundation ($270,089 across 2 grants), Bhutan Foundation ($175,000 across 4 grants) and International Cryosphere Climate Initiative ($100,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($9,578), which are not listed by name. Together they received 77% of its itemized 2024 grant dollars.

How large is Karuna Foundation?

Karuna Foundation reported $18.6M in total assets on its 2024 IRS Form 990-PF. It paid out $968K in qualifying distributions that year, against a required minimum of $906K (roughly 5% of its investment assets).

What does Karuna Foundation fund?

The foundation describes its mission as supporting climate change mitigation and adaptation, particularly in vulnerable regions and communities. Its website says its grantmaking has focused on Bhutan and the Himalayan region. See mission & focus areas ↑

How do I apply for a grant from Karuna Foundation?

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Karuna Foundation's EIN?

Karuna Foundation's EIN (Employer Identification Number) is 27-2831197. IRS Form 990 filing data is available on this page for 2020–2024.

Does Karuna Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Karuna Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/karuna-foundation-morg_0da12652844240df923f9cb0627933db

BibTeX
@misc{grantable_272831197_2026,
  author       = {{Grantable}},
  title        = {{Karuna Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/karuna-foundation-morg_0da12652844240df923f9cb0627933db},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Karuna Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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