The Karese Foundation
The Karese Foundation is a private foundation, based in Colbert, WA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $329K in total assets. In 2023, it awarded 2 grants totaling $100K. Net investment income was $7K.
The Karese Foundation at a glance
In short: The Karese Foundation gave $100K across 2 grants in 2023 (avg $50K), mostly in Washington. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $100,000
- Grants made (2023)
- 2
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $328,790
- -23.5% vs 2022
- Primary geography
- Washington (80% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Karese Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Northwest Christian Schools ($80K). Together the top 2 received $100K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 4 grants of 7 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
Cities
How The Karese Foundation gives
- Giving grew 33% from 2020 to 2023. Method
- In 2023 it paid out 429% 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 $75K (2020) to $129K (2021). In 2023 it made 2 grants totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwest Christian Schools Colbert, WA | Teacher Salary Increase | $80,000 |
| Gordon College Wenham, MA | Unrestricted Operational Funding | $20,000 |
Ready to take the next step with The Karese Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | $328,790 | $4,366 | $105,119 | $100,000 | 2 | $100,534 | $7,299 | $23,423 |
| 2022 | $429,543 | $175,018 | $2,980 | — | — | $175 | $2,347 | $14,922 |
| 2021 | $258,050 | $58,608 | $129,783 | $129,000 | 3 | $129,489 | $8,314 | $12,239 |
| 2020 | $329,225 | $37,465 | $79,443 | $75,000 | 2 | — | $36,498 | $14,354 |
Under IRS private-foundation payout rules, The Karese Foundation reported a distributable amount of $23K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Karese Foundation is led by Foster H. Chase Jr., President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Foster H. Chase Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Brenda Jo Chase
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Karese Foundation
How much does The Karese Foundation give each year?
The Karese Foundation gave $100K across 2 grants in 2023, according to its 2023 IRS Form 990-PF.
How large is The Karese Foundation?
The Karese Foundation reported $329K in total assets on its 2023 IRS Form 990-PF. It paid out $101K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).
Where does The Karese Foundation operate?
The Karese Foundation has awarded grants in Massachusetts, Maryland, Washington.
What is The Karese Foundation's EIN?
The Karese Foundation's EIN (Employer Identification Number) is 47-5125279. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work The Karese Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Karese Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Washington
M J Murdock Charitable Trust
Vancouver, WA
The M.J. Murdock Charitable Trust funds nonprofit capacity-building and projects in arts and culture, civic and community services, education, health and environmental stewardship, and scientific research across Alaska, Idaho, Montana, Oregon, and Washington. Its 2024 median grant was $87,000, with awards ranging from $4,000 to about $1.55 million. Eligible organizations can submit a Letter of Inquiry; full applications are by invitation.
Assets
$2.0B
Grants
797
Total Given
$116.6M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Educational Credit Management Corporation
Minneapolis, MN
Educational Credit supports postsecondary access and student success, including FAFSA assistance, financial education, and student-support programs. Its 2024 grants had a median of $55,383, though amounts varied widely; funding was concentrated in Minnesota, with grants also reaching other states. The profile states that ECMC Foundation accepts unsolicited requests through a rolling online Letter of Inquiry process.
Assets
$209.1M
Grants
293
Total Given
$177.0M
Liberty Mutual Foundation Inc
Boston, MA
Liberty Mutual Foundation funds basic needs such as food and shelter, education and workforce development, and climate and community infrastructure, including homelessness and community preparedness programs. Its 2024 grants had a median of $35,000, and most funding supports organizations or programs serving the Boston area, though it also gives elsewhere. It accepts unsolicited online requests on a rolling basis, with no submission deadlines.
Assets
$46.1M
Grants
706
Total Given
$50.6M
Dorothy Harrison Egan Foundation
Nantucket, MA
The Dorothy Harrison Egan Foundation primarily funds scholarships for students pursuing health- or health care-related studies, and its recent grants also include general support for organizations. In 2025, grants ranged from $1,000 to $55,000, with a median of $7,488; funding was concentrated in Massachusetts. Its 2024 filing says scholarship applicants should submit a written request, but does not state whether unsolicited organizational requests are accepted.
Assets
$6.1M
Grants
76
Total Given
$663K
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
More similar funders
More Funders in Washington
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Karese Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Karese Foundation down — hundreds of funders to go?