The Karp Foundation Inc
The Karp Foundation Inc is a private foundation, based in BEVERLY HILLS, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 11 grants totaling $226K. Net investment income was $76K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
-7.3% YoY
Annual Giving
$226K
-0.3% YoY
Grant Count
11
+10.0% YoY
Avg Grant Size
$21K
-9.3% YoY
Under IRS private-foundation payout rules, The Karp Foundation Inc reported a distributable amount of $245K for 2025 — the minimum it must pay out in qualifying distributions.
About The Karp Foundation Inc
Based on IRS filings
The Karp Foundation Inc is a private foundation, based in BEVERLY HILLS, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 11 grants totaling $226K. Net investment income was $76K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,015,619 | $2,174,414 | $2,158,954 |
| Revenue | $75,682 | $245,477 | $94,363 |
| Expenses | $231,977 | $232,925 | $155,927 |
| Qualifying Distributions | $226,570 | $228,420 | $153,670 |
| Net Investment Income | $75,665 | $243,880 | $93,096 |
| Distributable Amount | $245,248 | $219,746 | $221,591 |
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 2025
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Csun Foundation ($50,000), Cedars-Sinai Medical Center -Cardiac Research ($50,000), Rockefeller University ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CSUN FOUNDATION NORTHRIDGE, CA | TO AID THE GENERAL CHARITABLE PURPOSE OF THE ORGANIZATION | $50,000 |
| THE UCLA FOUNDATION LOS ANGELES, CA | TO AID THE GENERAL CHARITABLE PURPOSE OF THE ORGANIZATION | $10,000 |
| THE CO2 COALITION ARLINGTON, VA | TO AID THE GENERAL CHARITABLE PURPOSE OF THE ORGANIZATION | $20,000 |
| THE HERITAGE FOUNDATION WASHINGTON, DC | TO HELP ORG. FULFILL ITS CHARITABLE PURPOSE | $10,000 |
| Cedars-Sinai Medical Center -Cardiac Research Los Angeles, CA | TO HELP ORG. IN ITS EXEMPT FUNCTION | $50,000 |
| ROCKEFELLER UNIVERSITY NEW YORK CITY, NY | TO HELP ORG. IN ITS EXEMPT FUNCTION | $50,000 |
| MANHATTA INSTITUTE FOR POLICY RESEARCH INC NEW YORK, NY | TO HELP ORG. IN ITS EXEMPT FUNCTION | $10,000 |
| JUDICIAL WATCH INC WASHINGTON, DC | TO HELP ORG. IN ITS EXEMPT FUNCTION | $15,000 |
| ST JOHN'S HEALT CNTER SANTA MONICA, CA | TO HELP ORG. IN ITS EXEMPT FUNCTION | $1,000 |
| FIRST BAPTIST CHURCH CANOGA PARK, CA | TO HELP ORG. IN ITS EXEMPT FUNCTION | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARVEY L KARP | PRESIDENT | 2 | — |
| NICHOLAS R KARP | VP, ASST SECRETRY & ASST TREAS | 2 | — |
| DAVID A KARP | VICE PRESIDENT/SECRETARY | 2 | — |
| PATRICIA H KARP | TREASURER | 2 | — |
Frequently Asked Questions
How large is The Karp Foundation Inc?
As of 2025, The Karp Foundation Inc holds $2.0M in total assets with $76K in annual revenue. It awarded 11 grants totaling $226K in 2025.
Where does The Karp Foundation Inc operate?
The Karp Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Michigan, New York, Virginia, Washington.
What size grants does The Karp Foundation Inc award?
In 2025, The Karp Foundation Inc awarded 11 grants totaling $226K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is The Karp Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Karp Foundation Inc reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Karp Foundation Inc's EIN?
The Karp Foundation Inc's EIN (Employer Identification Number) is 13-2621240. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Karp Foundation Inc'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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