The Karp Family Foundation

PITTSBURGH, PA EIN: 82-2432655

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Boca RatonBoynton BeachBridgevilleNaplesNew YorkPalm Beach GardensPittsburghPotomacSilver SpringWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021202220232024
Metric202420232022
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

$0$109K$218K$327K$436K21 grants202027 grants202114 grants202224 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

UPMC HILLMAN CANCER CENTER$75KJEWISH FEDERATION OF GRE…$36KCHILDREN'S NATIONAL MEDI…$20KCHILDREN'S NATIONAL MEDI…$20KFRIENDSHIP CIRCLE OF PIT…$5KFRIENDSHIP CIRCLE OF PIT…$5KJEWISH FEDERATION OF GRE…$179

Grant Size Distribution

93 grants across all recorded years

91<$50K2$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
SIMONE F KARPPRESIDENT, SECRETARY, TREA1
EMILY PERLOWVICE PRESIDENT1
MARISSA KARPVICE PRESIDENT1
ADAM PERLOWVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

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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