Karuna Foundation

SEDONA, AZ EIN: 16-1731977

Karuna Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEDONA, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 16 grants totaling $127K. Net investment income was $82K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-2.1% YoY

Annual Giving

$127K

+7.6% YoY

Grant Count

16

+0.0% YoY

Avg Grant Size

$8K

+7.6% YoY

About Karuna Foundation

Based on IRS filings

Karuna Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEDONA, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 16 grants totaling $127K. Net investment income was $82K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

ArlingtonChicagoCottonwoodHarlingenNew YorkPhoenixPrincetonSanta BarbaraSedonaSt PaulTaunton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K20202021202220232024
Metric202420232022
Total Assets$2,014,750$2,058,623$2,241,529
Revenue$134,089$8,552$174,139
Expenses$199,954$164,715$194,964
Qualifying Distributions$147,860$127,200$157,495
Net Investment Income$81,995$7,212$137,820
Distributable Amount$161,068$140,543$143,761

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$75K$113K$150K17 grants202017 grants202117 grants202216 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTER FOR VICTIMS OF TO…$25KAMNESTY INTERNATIONAL USA$15KARIZONA EQUAL JUSTICE FO…$14KCENTURION MINISTRIES$14KACLU FOUNDATION OF ARIZONA$13KASHOKA INNOVATORS FOR TH…$12KST MARY'S FOOD BANK ALLI…$10KVITAMIN ANGELS$5KAMERICAN BAR ASSOCIATION…$5KMANZANITA OUTREACH$4K

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ANNE COWETTSOLE DIRECTOR,PRES.,TREAS.1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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