The Arthur S Karp Family Foundation Inc
The Arthur S Karp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 27 grants totaling $200K. Net investment income was $46K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-7.0% YoY
Annual Giving
$200K
-6.3% YoY
Grant Count
27
+8.0% YoY
Avg Grant Size
$7K
-13.3% YoY
Under IRS private-foundation payout rules, The Arthur S Karp Family Foundation Inc reported a distributable amount of $151K for 2024 — the minimum it must pay out in qualifying distributions.
About The Arthur S Karp Family Foundation Inc
Based on IRS filings
The Arthur S Karp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 27 grants totaling $200K. Net investment income was $46K.
Focus Areas
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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 |
|---|---|---|
| Total Assets | $1,891,638 | $2,033,367 |
| Revenue | $94,141 | $81,070 |
| Expenses | $248,106 | $261,952 |
| Qualifying Distributions | $199,963 | $213,500 |
| Net Investment Income | $45,998 | $32,618 |
| Distributable Amount | $151,361 | $144,365 |
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
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Forty Carrots Family Center ($23,875), Out of Door Academy Annual Fund ($21,500), Child Protection Center ($21,488).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL STAR CHILDREN'S FOUNDATION SARASOTA, FL | CHARITABLE | $7,500 |
| AMERICAN CANSER SOCIETY HAGERSTOWN, MD | CHARITABLE | $1,100 |
| ASOLO REPERATORY THEATER SARASOTA, FL | CHARITABLE | $2,500 |
| AZARA BALLET SARASOTA, FL | CHARITABLE | $1,000 |
| CHILD PROTECTION CENTER SARASOTA, FL | CHARITABLE | $21,488 |
| CHILDREN FIRST SARASOTA, FL | CHARITABLE | $1,250 |
| EASTER SEALS OF SOUTHWEST FLORIDA SARASOTA, FL | CHARITABLE | $15,000 |
| EMBRACING OUR DIFFERENCES SARASOTA, FL | CHARITABLE | $7,500 |
| FORTY CARROTS FAMILY CENTER SARASOTA, FL | CHARITABLE | $23,875 |
| GIRLS INCORPORATED OF SARASOTA COUNTY SARASOTA, FL | CHARITABLE | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN KARP | CEO | — | — |
| RICHARD J KARP | CFO | — | — |
| TAMMY S KARP | SECRETARY | 10 | $22,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Arthur S Karp Family Foundation Inc?
The Arthur S Karp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds $1.9M in total assets as of 2024.
How large is The Arthur S Karp Family Foundation Inc?
As of 2024, The Arthur S Karp Family Foundation Inc holds $1.9M in total assets with $94K in annual revenue. It awarded 27 grants totaling $200K in 2024.
Where does The Arthur S Karp Family Foundation Inc operate?
The Arthur S Karp Family Foundation Inc has awarded grants in California, Florida, Georgia, Indiana, Maryland.
What size grants does The Arthur S Karp Family Foundation Inc award?
In 2024, The Arthur S Karp Family Foundation Inc awarded 27 grants totaling $200K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Arthur S Karp Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Arthur S Karp Family Foundation Inc reported a distributable amount of $151K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Arthur S Karp Family Foundation Inc's EIN?
The Arthur S Karp Family Foundation Inc's EIN (Employer Identification Number) is 65-0632704. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in The Arthur S Karp Family Foundation Inc'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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