The Karnik Foundation
The Karnik Foundation is a private foundation focused on Youth Development, based in Waterville, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $14K in total assets. In 2025, it awarded 5 grants totaling $16K. Net investment income was $246.
The Karnik Foundation at a glance
In short: The Karnik Foundation gave $16K across 5 grants in 2025 (avg $3K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,800
- -18.1% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $3,160
- -34.5% vs 2024
- Median grant
- $2,500
- Total assets
- $14,301
- +20.6% vs 2024
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Karnik Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Cedar Creek Church ($3K). Together the top 4 received $8K.
Organizations only. It also paid 1 individual scholarship ($7,800), which are not listed by name.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How The Karnik Foundation gives
- Giving grew 1480% from 2022 to 2025. Method
- In 2025 it paid out well above 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 2022 to 2025, annual grant giving ranged from $1K (2022) to $19K (2024). In 2025 it made 5 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $7,800 |
| Cedar Creek Church Whitehouse, OH | General Support | $2,500 |
| Waterville Area Chamber of Commerce Waterville, OH | Sponsorship | $2,500 |
| Courageous Community Services Whitehouse, OH | Sponsorship | $2,000 |
| Monclova Primary School Monclova, OH | Fundraiser | $1,000 |
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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 | $14,301 | $18,246 | $15,800 | $15,800 | 5 | $15,800 | $246 | $710 |
| 2024 | $11,855 | $18,030 | $19,300 | $19,300 | 4 | $19,300 | $30 | $648 |
| 2023 | $13,125 | $19,000 | $16,000 | $16,000 | 3 | $16,000 | — | $589 |
| 2022 | $10,125 | $10,775 | $1,000 | $1,000 | 1 | $1,000 | — | $168 |
| 2021 | $350 | $250 | — | — | — | — | — | $12 |
| 2020 | $100 | $100 | — | — | — | — | — | $3 |
Under IRS private-foundation payout rules, The Karnik Foundation reported a distributable amount of $710 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Karnik Foundation is led by Ryan Bauman, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Ryan Bauman
President
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 Karnik Foundation
How much does The Karnik Foundation give each year?
The Karnik Foundation gave $16K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $19K across 4 grants.
What is The Karnik Foundation's typical grant size?
The Karnik Foundation's median grant in 2025 was $2,500, and its average grant was $3,160, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Karnik Foundation give grants?
The Karnik Foundation gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Whitehouse, OH (2 grants).
Does The Karnik Foundation give general operating support?
Yes: 20% of The Karnik Foundation's 2025 grants with a stated purpose (1 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Karnik Foundation's largest grantees?
The Karnik Foundation's largest 2025 grantees include Cedar Creek Church ($2,500), Waterville Area Chamber of Commerce ($2,500) and Courageous Community Services ($2,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($7,800), which are not listed by name. Together they received 44% of its itemized 2025 grant dollars.
How large is The Karnik Foundation?
The Karnik Foundation reported $14K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $710 (roughly 5% of its investment assets).
What is The Karnik Foundation?
The Karnik Foundation is a private foundation focused on Youth Development, based in Waterville, OH. It holds $14K in total assets as of 2025.
What is The Karnik Foundation's EIN?
The Karnik Foundation's EIN (Employer Identification Number) is 46-3331883. 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 16, 2023)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Karnik Foundation funds
Youth Development Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Karnik Foundation's focus areas in our free grants database
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Figures come from The Karnik 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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