The Karp Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $161K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$161K
-49.1% YoY
Grant Count
7
-70.8% YoY
Avg Grant Size
$23K
+74.4% YoY
About The Karp Family Foundation
Based on IRS filings
The Karp Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $161K. Net investment income was $69K.
Focus Areas
Ready to take the next step with The Karp Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $41,175 | $41,173 |
| Revenue | $218,934 | $555,074 | $187,177 |
| Expenses | $185,462 | $328,281 | $205,044 |
| Qualifying Distributions | $181,562 | $328,076 | $200,216 |
| Net Investment Income | $68,797 | $238,306 | $74,610 |
| Distributable Amount | — | $627 | $2,643 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Upmc Hillman Cancer Center ($75,000), Jewish Federation of Greater Pittsburgh ($36,396), Children's National Medical Center ($19,565).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDSHIP CIRCLE OF PITTSBURGH PITTSBURGH, PA | GENERAL OPERATIONAL SUPPORT | $5,000 |
| CHILDREN'S NATIONAL MEDICAL CENTER SILVER SPRING, MD | UGANDA MIRCODOCS AWARENESS OF RHEUMATIC HEART DISEASE | $19,565 |
| FRIENDSHIP CIRCLE OF PITTSBURGH PITTSBURGH, PA | GENERAL OPERATIONAL SUPPORT | $5,000 |
| CHILDREN'S NATIONAL MEDICAL CENTER SILVER SPRING, MD | UGANDA MIRCODOCS AWARENESS OF RHEUMATIC HEART DISEASE | $19,565 |
| UPMC HILLMAN CANCER CENTER PITTSBURGH, PA | HANK S. KARP NEURO-ONCOLOGY FELLOWSHIP | $75,000 |
| JEWISH FEDERATION OF GREATER PITTSBURGH PITTSBURGH, PA | KARP FAMILY DONOR ADVISED FUND | $36,396 |
| JEWISH FEDERATION OF GREATER PITTSBURGH PITTSBURGH, PA | KARP FAMILY DONOR ADVISED FUND | $179 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIMONE F KARP | PRESIDENT, SECRETARY, TREA | 1 | — |
| EMILY PERLOW | VICE PRESIDENT | 1 | — |
| MARISSA KARP | VICE PRESIDENT | 1 | — |
| ADAM PERLOW | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Karp Family Foundation?
The Karp Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds — in total assets as of 2024.
Where does The Karp Family Foundation operate?
The Karp Family Foundation has awarded grants in District of Columbia, Florida, Maryland, New York, Pennsylvania.
What size grants does The Karp Family Foundation award?
In 2024, The Karp Family Foundation awarded 7 grants totaling $161K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is The Karp Family Foundation's EIN?
The Karp Family Foundation's EIN (Employer Identification Number) is 82-2432655. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Karp Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Wolf Creek Operating Foundation
WEST CONSHOHOCKEN, PA
Assets
$7.1M
Grants
0
Total Given
—
The Best Little Cat House in PA
HARRISBURG, PA
Assets
$281K
Grants
0
Total Given
—
Willis and Elsie Shenk Foundation
LANCASTER, PA
Assets
$9.4M
Grants
35
Total Given
$304K
The Irene P Sorbara Charitable Foundation
PITTSBURGH, PA
Assets
$2.5M
Grants
2
Total Given
$131K
Howmet Aerospace Foundation
PITTSBURGH, PA
Assets
$141.5M
Grants
209
Total Given
$8.4M
Penn and Lisa Seiple Conservancy
SUNBURY, PA
Assets
$1.5M
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Karp Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Karp Family Foundation to a real strategy.