Karuna Foundation
Karuna Foundation is a private foundation based in Sedona, Arizona. In filing year 2025, it gave $155,000 in grants to 16 organizations, including organizations working in health, legal services, civil liberties, food assistance, and the environment.
Karuna Foundation at a glance
In short: Karuna Foundation gave $155K across 16 grants in 2025 (avg $10K), top state Arizona. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $155,000
- +22.0% vs 2024
- Grants made (2025)
- 16
- +0.0% vs 2024
- Average grant
- $9,688
- +22.0% vs 2024
- Median grant
- $8,000
- Total assets
- $1,870,336
- -7.2% vs 2024
- New grantees (estimate)
- 19% first-time grantees (3 of 16, 2025; small sample)
- Primary geography
- Arizona (35% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Karuna Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: C/O Anne Cowett 535 Barcelona Road, Sedona, AZ 86336
Phone: (928) 204-1308
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 10 recipients in 2025
The largest 2025 recipient was Center for Victims of Torture ($40K). Together the top 10 received $146K.
Grant Size Distribution
82 grants across all recorded years
The most common grant size was under $50K: 82 grants of 82 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars went to recipients in multiple states. By recipient state, Arizona accounted for 35%, Minnesota 26%, New York 14%, New Jersey 9%, and Virginia 8%.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
Is Karuna Foundation open to new grantees?
19%
first-time grantees, 2025
In 2025, 3 of 16 grantees (19%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $7K; repeat grants $10K. How we count
Medians: $5K first-time, $10K repeat.
- 81% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $118K (2023) to $155K (2025). In 2025 it made 16 grants totaling $155K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Victims of Torture St. Paul, MN | HEALTH | $40,000 |
| Amnesty International USA New York, NY | Charity | $20,000 |
| Arizona Foundation for Legal Services & Education Phoenix, AZ | Charity | $14,000 |
| Centurion Ministries Princeton, NJ | Charity | $14,000 |
| ACLU Foundation of Arizona Phoenix, AZ | Charity | $13,000 |
| Ashoka Innovators for the Public Arlington, VA | Charity | $12,000 |
| Sedona Recycles Sedona, AZ | Environment | $12,000 |
| St Mary's Food Bank Alliance Phoenix, AZ | Charity | $10,000 |
| Vitamin Angels Santa Barbara, CA | HEALTH | $6,000 |
| ABA Fund for Justice and Education Chicago, IL | Charity | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,870,336 | $57,098 | $201,512 | $155,000 | 16 | $161,589 | $17,615 | $171,822 |
| 2024 | $2,014,750 | $134,089 | $199,954 | $127,000 | 16 | $147,860 | $81,995 | $161,068 |
| 2023 | $2,058,623 | $8,552 | $164,715 | $118,000 | 16 | $127,200 | $7,212 | $140,543 |
| 2022 | $2,241,529 | $174,139 | $194,964 | $150,000 | 17 | $157,495 | $137,820 | $143,761 |
| 2021 | $2,257,137 | $196,196 | $173,246 | $132,000 | 17 | $137,145 | $160,096 | $166,322 |
| 2020 | $2,234,187 | $110,412 | $183,639 | $138,000 | 17 | — | $76,151 | $137,177 |
Under IRS private-foundation payout rules, Karuna Foundation reported a distributable amount of $172K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to organizations whose work includes health, charity, and environmental activities. For example, Sedona Recycles says it provides recycling activities and education in Sedona and the surrounding area; the ACLU Foundation of Arizona says its mission is to defend and preserve individual rights and freedoms through litigation and public education; and St. Mary’s Food Bank Alliance says it bridges gaps in Arizona communities with nourishment and hope.
Grantmaking
In filing year 2025, the foundation made 16 grants totaling $155,000. Grants ranged from $1,000 to $40,000, with a median grant of $8,000. The largest grants included $40,000 to the Center for Victims of Torture, $20,000 to Amnesty International USA, $14,000 each to the Arizona Foundation for Legal Services & Education and Centurion Ministries, and $13,000 to the ACLU Foundation of Arizona.
Other listed grants included $12,000 to Ashoka Innovators for the Public, $12,000 to Sedona Recycles, $10,000 to St. Mary’s Food Bank Alliance, and $2,000 each to ACLPI and Keep Sedona Beautiful. Centurion Ministries describes its mission as vindicating the wrongly convicted and helping them rebuild their lives after release. Keep Sedona Beautiful says it works to protect and sustain Sedona’s scenic beauty and natural environment.
Leadership & Key People
Officers and directors from IRS filings
Karuna Foundation is led by Anne Cowett, Sole Director, President & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Anne Cowett
Sole Director, President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Karuna Foundation
How much does Karuna Foundation give each year?
Karuna Foundation gave $155K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $127K across 16 grants.
What is Karuna Foundation's typical grant size?
Karuna Foundation's median grant in 2025 was $8,000, and its average grant was $9,688, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Karuna Foundation that year got $7K on average.
Where does Karuna Foundation give grants?
Karuna Foundation's top state is Arizona, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (26%) and New York (14%). The most frequent recipient cities were Phoenix, AZ (4 grants), Sedona, AZ (4 grants) and New York, NY (2 grants).
Does Karuna Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Karuna Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charity" (8 grants), "Environment" (4 grants) and "Health" (3 grants).
Who are Karuna Foundation's largest grantees?
Karuna Foundation's largest 2025 grantees include Center for Victims of Torture ($40,000), Amnesty International USA ($20,000) and Arizona Foundation for Legal Services & Education ($14,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Karuna Foundation?
Karuna Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $162K in qualifying distributions that year, against a required minimum of $172K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Karuna Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants went to organizations whose work includes health, charity, and environmental activities. See mission & focus areas ↑
How do I apply for a grant from Karuna Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. 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 16-1731977. IRS Form 990 filing data is available on this page for 2020–2025.
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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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Cite this profile
Grantable. (2026). Karuna Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/karuna-foundation-morg_1e867ebc625a4fb6bf0846eb4f007174
BibTeX
@misc{grantable_161731977_2026,
author = {{Grantable}},
title = {{Karuna Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/karuna-foundation-morg_1e867ebc625a4fb6bf0846eb4f007174},
note = {Accessed 2026-10-15. 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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