The Karina Foundation
The Karina Foundation is a private foundation based in Marion, Massachusetts. In its 2024 filing, it reported 13 grants totaling $117,000 to organizations in several states.
The Karina Foundation at a glance
In short: The Karina Foundation gave $117K across 13 grants in 2024 (avg $9K), top state Massachusetts. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $117,000
- +2.2% vs 2023
- Grants made (2024)
- 13
- +0.0% vs 2023
- Average grant
- $9,000
- +2.2% vs 2023
- Median grant
- $8,000
- Total assets
- $1,890,302
- +4.1% vs 2023
- New grantees (estimate)
- 38% first-time grantees (5 of 13, 2024; small sample)
- Primary geography
- Massachusetts (31% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Karina Foundation
- How to Apply
The filing says to contact Eric H Strand and submit a brief history of the organization, a project description of no more than three pages, a budget and time frame, proof of tax-exempt status, a list of the board of…
The filing says to contact Eric H Strand and submit a brief history of the organization, a project description of no more than three pages, a budget and time frame, proof of tax-exempt status, a list of the board of directors, and the latest audited financial statements.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: Eric H Strand
Mailing address: 204 Spring Street, Marion, MA 02738
Phone: (508) 748-0800
Email: estrand@baldwin-llc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Karina Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Southcoast Community Foundation ($25K). Together the top 10 received $109K.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 74 grants of 75 (99%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 31% of grant dollars went to recipients in Massachusetts, 15% to Washington, 13% each to California and Illinois, and 9% to Maryland. The listed grants also include recipients in Maine, New Hampshire, and Texas.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is The Karina Foundation open to new grantees?
38%
first-time grantees, 2024
In 2024, 5 of 13 grantees (38%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $9K; repeat grants $9K. How we count
Medians: $8K first-time, $8K repeat.
- 46% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $115K (2023) to $151K (2022). In 2024 it made 13 grants totaling $117K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southcoast Community Foundation New Bedford, MA | Unrestricted | $25,000 |
| Palestine Children's Relief Fund Los Angeles, CA | Restricted | $15,000 |
| Fabretto Children's Foundation Evanston, IL | Unrestricted | $15,000 |
| The Center for Wooden Boats Seattle, WA | Unrestricted | $11,000 |
| Otseogenesis Imperfacta Foundation Gaithersburg, MD | Unrestricted | $10,000 |
| Rice University Houston, TX | Unrestricted | $10,000 |
| Portland Trails Portland, ME | Unrestricted | $8,000 |
| Grace Episcopal Church Manchester, NH | Unrestricted | $5,000 |
| Southcoast Hospitals Group North Dartmouth, MA | Unrestricted | $5,000 |
| Lloyd Center for the Enviroment Dartmouth, MA | Unrestricted | $5,000 |
Ready to take the next step with The Karina 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,890,302 | $219,085 | $144,030 | $117,000 | 13 | $117,070 | $248,949 | $135,404 |
| 2023 | $1,815,247 | $108,509 | $139,421 | $114,500 | 13 | $114,500 | $157,536 | $118,222 |
| 2022 | $1,846,159 | $-104,920 | $186,758 | $151,000 | 16 | $151,035 | $18,279 | $125,469 |
| 2021 | $2,138,201 | $65,445 | $148,541 | $118,500 | 15 | $118,750 | $547,211 | $130,936 |
| 2020 | $2,220,889 | $599,557 | $167,906 | $145,500 | 18 | — | $406,335 | $97,775 |
Under IRS private-foundation payout rules, The Karina Foundation reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions describe community strengthening, humanitarian healthcare for children, education and support for underserved children and families, trails and sustainability, community health, and education for students of high intellectual potential. These are the grantees’ stated missions, not stated focus areas of the foundation.
Grantmaking
In 2024, the foundation reported 13 grants totaling $117,000. Grant amounts ranged from $1,000 to $25,000, with a median of $8,000. Notable grants included $25,000 to Southcoast Community Foundation, $15,000 each to Palestine Children’s Relief Fund and Fabretto Children’s Foundation, and $11,000 to The Center for Wooden Boats.
The foundation’s filing says it does not restrict giving to preselected organizations. It lists no award restrictions and no deadlines.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Eric H Strand as trustee and Karen L Braitmayer, Eric A Braitmayer, and Kristina B Hewey as advisory board members.
The Karina Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eric H. Strand
Trustee
On filings since 2020
No compensation reported
Eric A. Braitmayer
Advisory Board
On filings since 2020
No compensation reported
Karen L. Braitmayer
Advisory Board
On filings since 2020
No compensation reported
Kristina B. Hewey
Advisory Board
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Karina Foundation
How much does The Karina Foundation give each year?
The Karina Foundation gave $117K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $115K across 13 grants.
What is The Karina Foundation's typical grant size?
The Karina Foundation's median grant in 2024 was $8,000, and its average grant was $9,000, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Karina Foundation that year got $9K on average.
Where does The Karina Foundation give grants?
The Karina Foundation's top state is Massachusetts, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Washington (15%) and California (13%). The most frequent recipient cities were Dartmouth, MA (2 grants).
Does The Karina Foundation give general operating support?
Yes: 92% of The Karina Foundation's 2024 grants with a stated purpose (12 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Karina Foundation's largest grantees?
The Karina Foundation's largest 2024 grantees include Southcoast Community Foundation ($25,000), Palestine Children's Relief Fund ($15,000) and Fabretto Children's Foundation ($15,000), according to its 2024 IRS Form 990-PF. Together they received 47% of its itemized 2024 grant dollars.
How large is The Karina Foundation?
The Karina Foundation reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $135K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Karina Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from The Karina Foundation?
The filing says to contact Eric H Strand and submit a brief history of the organization, a project description of no more than three pages, a budget and time frame, proof of tax-exempt status, a list of the board of… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Karina Foundation's EIN?
The Karina Foundation's EIN (Employer Identification Number) is 81-4024541. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Karina Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-karina-foundation-morg_f584b8f0e3cb41d7960aac326b4ef8b1
BibTeX
@misc{grantable_814024541_2026,
author = {{Grantable}},
title = {{The Karina Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-karina-foundation-morg_f584b8f0e3cb41d7960aac326b4ef8b1},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Karina 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.
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