Karuna Foundation logo

Karuna Foundation

NIWOT, CO EIN: 85-4026412 Website

Karuna Foundation is a 501(c)(3) nonprofit organization registered in Colorado and headquartered in Niwot, Colorado. The foundation supports the wellbeing of animals, the natural environment, and global citizens by making distributions to individuals and organizations that align with its mission. The foundation provides grants, loans, and fiscal sponsorship to mission-aligned charitable initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+36.4% YoY

Annual Giving

$3.8M

-46.8% YoY

Grant Count

37

-21.3% YoY

Avg Grant Size

$104K

-32.4% YoY

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

Mission & Focus Areas

Mission Statement: Karuna Foundation funds activism that reaches a mainstream and/or influential audience with a compelling vegan diet or menu change message in a cost-effective way.

Vision: A Vegan World

Primary Focus Areas:

  • Animal welfare and advocacy
  • Vegan lifestyle promotion
  • Food systems and nutrition
  • Removal of animals from the food system
  • Addressing humanitarian crises and nutritional deficiencies

The foundation's work is categorized under Alliance/Advocacy Organizations (NTEE code D01) and encompasses animals, food, agriculture, and nutrition philanthropy.

Grantmaking

The foundation made 32 grants totaling $3,309,423 in 2024. Recent grantees include:

Grant Types

**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation has made distributions in multiple states, with documented activity in New York, California, and the District of Columbia.

Grant Distribution by State

27states
+20 more states

Cities

ArlingtonAshevilleBaltimoreBerkeleyBerkeley HeightsBostonBoulderBrewsterBrooklynBurnsvilleCatonsvilleCedar RapidsChesterCitraDanversDoverEast ChathamEast HarwichEdgewaterErie

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $2,801,014
  • Total Revenues: $35,412,280
  • Total Expenses: $35,569,695
  • Total Giving: $32,856,443
  • Number of Employees: 2

Executive Compensation: $0 reported

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$29M$39M2021202220232024
Metric202420232022
Total Assets$2,801,014$2,052,850$843,277
Revenue$35,412,280$34,504,274$26,842,823
Expenses$35,569,695$33,757,901$26,494,769
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M30 grants202139 grants202247 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Vegan Hacktivists$536KVegan Friendly USA$466KFood Solutions Action$400KVegan FTA$355KEffect Partners FBO Vega…$340KWaking Justice$200KSkylands Animal Sanctuar…$150KAsha's Farm Sanctuary$137KMillion Dollar Vegan$115KMain Street Vegan$100K

Grant Size Distribution

153 grants across all recorded years

66<$50K36$50–100K26$100–250K13$250–500K8$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vegan Hacktivists ($535,586), Vegan Friendly USA ($465,500), Food Solutions Action ($400,000).

RecipientPurposeAmount
Afro-Vegan Society Baltimore, MDAdvocate for the wellbeing of animals.$87,500
Animal & Vegan Advocacy International Washington, DCAdvocate for the wellbeing of animals.$10,000
Animal Advocates International Portland, ORAdvocate for the wellbeing of animals.$35,000
Animal Rights Initiative Seattle, WAAdvocate for the wellbeing of animals.$40,000
Animal Wellness Action Washington, DCAdvocate for the wellbeing of animals.$50,000
Asha's Farm Sanctuary Newfane, NYAdvocate for the wellbeing of animals.$136,823
Bluegrass Veg Louisville, KYAdvocate for the wellbeing of animals.$85,000
Cotton Branch Farm Leesville, SCAdvocate for the wellbeing of animals.$25,000
DC Voters for Animals Education Fund Washington, DCAdvocate for the wellbeing of animals.$20,000
Effect Partners FBO Vegan Strong Minneapolis, MNAdvocate for the wellbeing of animals.$340,457

Leadership & Key People

Leadership team and compensation from IRS filings

  • Shaleen Shah – Executive Director
  • Jay Karandikar – Foundation Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Shilpi ShahPresident/Treasurer12
Patricia KowalewskiDirector2
Shaleen ShahExecutive Director15

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Karuna Foundation fund?

**Mission Statement:** Karuna Foundation funds activism that reaches a mainstream and/or influential audience with a compelling vegan diet or menu change message in a cost-effective way. **Vision:** A Vegan World **Primary Focus Areas:** • Animal welfare and advocacy • Vegan lifestyle promotion • Food systems and nutrition • Removal of animals from the food system • Addressing humanitarian crises and nutritional deficiencies The foundation's work is categorized under Alliance/Advocacy Organizat…

How do I apply for a grant from Karuna Foundation?

**Grant Activity:** The foundation made 32 grants totaling $3,309,423 in 2024. Recent grantees include: • Vegan Hacktivists: $535,586 (to advocate for animal wellbeing) • Vegan Friendly: $465,500 (to advocate for animal wellbeing) • Food Solutions Action: $400,000 (to advocate for animal wellbeing) **Grant Types:** • Direct distributions to organizations and individuals • Loans to organizations • Fiscal sponsorship of mission-aligned charitable initiatives **Application Process:** Inquiries abo…

Where does Karuna Foundation make grants?

The foundation has made distributions in multiple states, with documented activity in New York, California, and the District of Columbia.

What size grants does Karuna Foundation award?

In 2024, Karuna Foundation awarded 37 grants totaling $3.8M — an average of about $104K per grant, based on its IRS Form 990 filings.

What is Karuna Foundation's EIN?

Karuna Foundation's EIN (Employer Identification Number) is 85-4026412. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Karuna Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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