The Karl Foundation
The Karl Foundation is a private foundation, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $327K in total assets. In 2024, it awarded 23 grants totaling $30K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$327K
-5.6% YoY
Annual Giving
$30K
-22.1% YoY
Grant Count
23
-42.5% YoY
Avg Grant Size
$1K
+35.5% YoY
Under IRS private-foundation payout rules, The Karl Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About The Karl Foundation
Based on IRS filings
The Karl Foundation is a private foundation, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $327K in total assets. In 2024, it awarded 23 grants totaling $30K. Net investment income was $12K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $327,344 | $346,892 | $375,437 |
| Revenue | $14,354 | $15,085 | $29,888 |
| Expenses | $33,902 | $43,630 | $31,789 |
| Qualifying Distributions | $30,427 | $42,110 | $31,633 |
| Net Investment Income | $12,099 | $15,085 | $29,888 |
| Distributable Amount | $37,777 | $33,706 | $34,862 |
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
131 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Family Service ($11,850), Temple De Hirsch Sinai ($8,400), Hillel Foundation ($1,518).
| Recipient | Purpose | Amount |
|---|---|---|
| ADAT SHALOM LOS ANGELES, CA | GENERAL OPERATIONS | $129 |
| ALZEHIEMERS ASSOCIATION LYNNWOOD, WA | GENERAL OPERATIONS | $315 |
| AMERICAN CANCER SOCIETY SEATTLE, WA | GENERAL OPERATIONS | $200 |
| AMERICAN CIVIL LIBERTIES UNION SEATTLE, WA | GENERAL OPERATIONS | $300 |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM LOS ANGELES, CA | GENERAL OPERATIONS | $1,000 |
| AMERICAN JEWISH COMMITTEE (AJC) NEW YORK, NY | GENERAL OPERATIONS | $500 |
| AMERICAN TECHNION SOCIETY NEW YORK, NY | GENERAL OPERATIONS | $100 |
| ANTI DEFAMATION LEAGUE SEATTLE, WA | GENERAL OPERATIONS | $200 |
| CENTRAL HIGH FOUNDATION OMAHA, NE | GENERAL OPERATIONS | $100 |
| CENTRAL SYNAGOQUE NEW YORK, NY | GENERAL OPERATIONS | $280 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRVIN H KARL | DIRECTOR | — | — |
| LAURA I KARL | DIRECTOR | — | — |
Frequently Asked Questions
How large is The Karl Foundation?
As of 2024, The Karl Foundation holds $327K in total assets with $14K in annual revenue. It awarded 23 grants totaling $30K in 2024.
Where does The Karl Foundation operate?
The Karl Foundation has awarded grants in Alabama, Arizona, California, District of Columbia, Florida, Kansas, Massachusetts, Maryland, Missouri, Nebraska, New Jersey, New York, Oregon, Tennessee, Washington.
What size grants does The Karl Foundation award?
In 2024, The Karl Foundation awarded 23 grants totaling $30K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Karl Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Karl Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karl Foundation's EIN?
The Karl Foundation's EIN (Employer Identification Number) is 91-1362028. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Karl Foundation'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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