Suzanne T & Irving D Karpas Jr

NEW YORK, NY EIN: 13-6116217

Suzanne T & Irving D Karpas Jr is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $527K in total assets. In 2024, it awarded 8 grants totaling $188K. Net investment income was $71K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$527K

-18.5% YoY

Annual Giving

$188K

+45.3% YoY

Grant Count

8

-20.0% YoY

Avg Grant Size

$23K

+81.7% YoY

Under IRS private-foundation payout rules, Suzanne T & Irving D Karpas Jr reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

About Suzanne T & Irving D Karpas Jr

Based on IRS filings

Suzanne T & Irving D Karpas Jr is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $527K in total assets. In 2024, it awarded 8 grants totaling $188K. Net investment income was $71K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BostonBoulderDanburyDenverGarden ValleyGolden ValleyJacksonvilleMorristownNew YorkRidgefieldWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$91K$182K$273K$363K20202021202220232024
Metric202420232022
Total Assets$527,081$646,759$729,625
Revenue$88,356$70,028$119,417
Expenses$209,161$150,934$136,100
Qualifying Distributions$192,075$133,631$114,484
Net Investment Income$71,270$52,725$97,801
Distributable Amount$64,995$64,387$74,492

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$153K$230K$307K6 grants202016 grants20213 grants202210 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

DANBURY HOSPITAL - NUVANCE$100KNEW YORK LIVE ARTS$50KNATIONAL JEWISH HEALTH$25KMERCY SHIPS$5KNEW YORK ZEN CENTER$5KANN'S PLACE$1KWOUNDED WARRIOR PROJECT$1KDOCTORS WITHOUT BORDERS$500

Grant Size Distribution

43 grants across all recorded years

35<$50K6$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Danbury Hospital - Nuvance ($100,000), New York Live Arts ($50,000), National Jewish Health ($25,000).

RecipientPurposeAmount
ANN'S PLACE DANBURY, CTCHARITABLE$1,000
DANBURY HOSPITAL - NUVANCE DANBURY, CTCHARITABLE$100,000
DOCTORS WITHOUT BORDERS NEW YORK, NYCHARITABLE$500
MERCY SHIPS GARDEN VALLEY, TXCHARITABLE$5,000
NATIONAL JEWISH HEALTH DENVER, COCHARITABLE$25,000
NEW YORK LIVE ARTS NEW YORK, NYCHARITABLE$50,000
NEW YORK ZEN CENTER NEW YORK, NYCHARITABLE$5,000
WOUNDED WARRIOR PROJECT NEW YORK, NYCHARITABLE$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUZANNE T KARPASPRES/DIR
PATRICIA KARPASDIRECTOR
THEODORE R SHIFFMANVP/SEC/TREAS
MATTHEW KARPASVP
BRUCE T KARPASVP/ DIR

Frequently Asked Questions

How large is Suzanne T & Irving D Karpas Jr?

As of 2024, Suzanne T & Irving D Karpas Jr holds $527K in total assets with $88K in annual revenue. It awarded 8 grants totaling $188K in 2024.

Where does Suzanne T & Irving D Karpas Jr operate?

Suzanne T & Irving D Karpas Jr has awarded grants in Colorado, Connecticut, District of Columbia, Florida, Massachusetts, Minnesota, New Jersey, New York, Texas.

What size grants does Suzanne T & Irving D Karpas Jr award?

In 2024, Suzanne T & Irving D Karpas Jr awarded 8 grants totaling $188K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Suzanne T & Irving D Karpas Jr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Suzanne T & Irving D Karpas Jr reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Suzanne T & Irving D Karpas Jr's EIN?

Suzanne T & Irving D Karpas Jr's EIN (Employer Identification Number) is 13-6116217. IRS Form 990 filing data is available on this page for 2020–2024.

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

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