The Karches Foundation
The Karches Foundation is a private foundation focused on Employment, based in Locust Valley, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $496K in total assets. Net investment income was $17K.
The Karches Foundation at a glance
- Total assets
- $495,532
- +3.3% vs 2024
- Revenue (2025)
- $16,620
- +6.5% vs 2024
- Net investment income (2025)
- $16,620
- +6.5% vs 2024
- Expenses (2025)
- $600
- +100.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Karches Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Karches Foundation gives
- Giving fell 95% from 2020 to 2023. Method
- In 2023 it paid out 281% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $100K (2023) to $2.0M (2020). In 2023 it made 2 grants totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lymphoma Research Fdn New York, NY | Charitable | $50,000 |
| Partnership Schools New York, NY | Educational | $50,000 |
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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 | $495,532 | $16,620 | $600 | — | — | — | $16,620 | $45,096 |
| 2024 | $479,512 | $15,609 | $300 | — | — | — | $15,609 | $43,047 |
| 2023 | $464,203 | $12,180 | $97,585 | $100,000 | 2 | $100,000 | $12,180 | $35,583 |
| 2022 | $549,608 | $9,190 | $6,606 | — | — | — | $9,910 | $38,022 |
| 2021 | $547,024 | $167,386 | $196,572 | $200,000 | 1 | $200,000 | $167,286 | $38,556 |
| 2020 | $576,210 | $1,100,920 | $2,000,250 | $2,000,000 | 1 | — | $83,206 | $90,756 |
Under IRS private-foundation payout rules, The Karches Foundation reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Karches Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Amy Berkery
Director
On filings since 2020
1 hr/week
No compensation reported
Pamela Keneally
Director
On filings since 2020
1 hr/week
No compensation reported
Peter Karches
Director
On filings since 2020
1 hr/week
No compensation reported
Susan Karches
Member
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 The Karches Foundation
How large is The Karches Foundation?
The Karches Foundation reported $496K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $17K.
What is The Karches Foundation?
The Karches Foundation is a private foundation focused on Employment, based in Locust Valley, NY. It holds $496K in total assets as of 2025.
Where does The Karches Foundation operate?
The Karches Foundation has awarded grants in District of Columbia, New York.
How much is The Karches Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Karches Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karches Foundation's EIN?
The Karches Foundation's EIN (Employer Identification Number) is 13-7106278. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 October 25, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 3, 2026)
Live grants for the work The Karches Foundation funds
Employment Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Karches Foundation's focus areas in our free grants database
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