The Karuna Charitable Fund
The Karuna Charitable Fund is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $70K. Net investment income was $259K.
The Karuna Charitable Fund at a glance
In short: The Karuna Charitable Fund gave $70K across 1 grant in 2025 (avg $70K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $70,000
- Grants made (2025)
- 1
- Average grant
- $70,000
- Median grant
- $70,000
- Total assets
- $1,022,023
- +36.9% vs 2024
- Primary geography
- New York (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 Karuna Charitable Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was National Alliance for Research on Schizophrenia an ($70K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Karuna Charitable Fund gives
- In 2025 it paid out 226% of 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 2020 to 2025, annual grant giving ranged from $19K (2020) to $181K (2023). In 2025 it made 1 grant totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Alliance for Research on Schizophrenia an New York, NY | General & Unrestricted | $70,000 |
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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 | $1,022,023 | $371,606 | $95,925 | $70,000 | 1 | $92,955 | $258,509 | $41,117 |
| 2024 | $746,342 | $156,332 | $20,352 | — | — | $15,369 | $147,625 | $35,994 |
| 2023 | $610,362 | $366,644 | $194,670 | $180,526 | 2 | $194,094 | $293,485 | $21,961 |
| 2022 | $438,388 | $15,623 | $9,041 | — | — | $7,184 | $19,516 | $23,177 |
| 2021 | $431,806 | $164,218 | $32,322 | $25,000 | 1 | $32,158 | $61,142 | $19,375 |
| 2020 | $299,910 | $25,485 | $26,165 | $18,500 | 3 | — | $43,272 | $14,703 |
Under IRS private-foundation payout rules, The Karuna Charitable Fund reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Karuna Charitable Fund is led by Vishal Saluja, Director, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Vishal Saluja
Director, President, Secretary & Treasurer
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 Karuna Charitable Fund
How much does The Karuna Charitable Fund give each year?
The Karuna Charitable Fund gave $70K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is The Karuna Charitable Fund?
The Karuna Charitable Fund reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets).
Where does The Karuna Charitable Fund operate?
The Karuna Charitable Fund has awarded grants in California, District of Columbia, New York.
What is The Karuna Charitable Fund's EIN?
The Karuna Charitable Fund's EIN (Employer Identification Number) is 83-1658063. 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 26, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
Explore Open Grants
Browse active grant opportunities in The Karuna Charitable Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Karuna Charitable Fund funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-karuna-charitable-fund-morg_7ccb8bfa3d6f47908476430e23a518a0
BibTeX
@misc{grantable_831658063_2026,
author = {{Grantable}},
title = {{The Karuna Charitable Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-karuna-charitable-fund-morg_7ccb8bfa3d6f47908476430e23a518a0},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Karuna Charitable Fund'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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