Karyae Benevolent Foundation
Karyae Benevolent Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 18 grants totaling $19K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$471K
-0.8% YoY
Annual Giving
$19K
+2.2% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$1K
+2.2% YoY
Under IRS private-foundation payout rules, Karyae Benevolent Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Karyae Benevolent Foundation
Based on IRS filings
Karyae Benevolent Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 18 grants totaling $19K. Net investment income was $22K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $470,775 | $474,442 | $478,513 |
| Revenue | $21,336 | $19,999 | $111,687 |
| Expenses | $25,003 | $24,070 | $22,819 |
| Qualifying Distributions | $25,003 | $24,070 | $22,819 |
| Net Investment Income | $21,506 | $20,651 | $13,505 |
| Distributable Amount | $24,167 | $24,490 | $22,909 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include George Todd Manni ($1,090), Kelsey Diatzikis ($1,090), Theodore George Karres ($1,090).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGE TODD MANNI CONCORD, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| KELSEY DIATZIKIS Apex, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| THEODORE GEORGE KARRES Charlotte, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| MARIA ALEXA MAHAIRAS Waxhaw, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| PETER ATHANAILOS Glen Oaks, NY | EDUCATIONAL SCHOLARSHIP | $1,090 |
| JOHN M PALIOS Tampa, FL | EDUCATIONAL SCHOLARSHIP | $1,090 |
| YIORYO DIATZIKIS Concord, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| CHARLES EURIPIDES Charlotte, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| NICOLE VASTIS MATTHEWS, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
| STEPHEN DIATZIKIS Apex, NC | EDUCATIONAL SCHOLARSHIP | $1,090 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELAINE VASTIS CONTI | PRESIDENT | 1 | — |
| ANGELO MERGELOS | TREASURER | 1 | — |
| JAMIE TSOULOS JONES | VICE PRESIDENT | 1 | — |
| HELEN MOFFAT | SECRETARY | 1 | — |
Frequently Asked Questions
How large is Karyae Benevolent Foundation?
As of 2024, Karyae Benevolent Foundation holds $471K in total assets with $21K in annual revenue. It awarded 18 grants totaling $19K in 2024.
Where does Karyae Benevolent Foundation operate?
Karyae Benevolent Foundation has awarded grants in Alabama, Florida, Georgia, North Carolina, New York, Washington.
What size grants does Karyae Benevolent Foundation award?
In 2024, Karyae Benevolent Foundation awarded 18 grants totaling $19K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Karyae Benevolent Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Karyae Benevolent Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Karyae Benevolent Foundation's EIN?
Karyae Benevolent Foundation's EIN (Employer Identification Number) is 56-6058576. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Karyae Benevolent Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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