The Karl Foundation

MERCER ISLAND, WA EIN: 91-1362028

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

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

15states
+7 more states

Cities

AlamedaBaltimoreBeavertonBellevueBethesdaHagerstownHazletIssaquahJacksonvilleKentLos AngelesLynnwoodMedfordMemphisMercer IslandMercer WayMontgomeryNew YorkNyOmaha

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$24K$36K$48K20202021202220232024
Metric202420232022
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

$0$10K$20K$29K$39K20 grants202020 grants202128 grants202240 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JEWISH FAMILY SERVICE$12KTEMPLE DE HIRSCH SINAI$8KHILLEL FOUNDATION$2KHOLOCAUST CENTER FOR HUM…$2KKLINE GALLAND$1KAMERICAN FRIENDS OF MAGE…$1KUS HOLOCAUST MEMORIAL$775PARKINSON'S FOUNDATION O…$530AMERICAN JEWISH COMMITTE…$500FRED HUTCHINSON CANCER R…$500

Grant Size Distribution

131 grants across all recorded years

131<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
IRVIN H KARLDIRECTOR
LAURA I KARLDIRECTOR

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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