The Kharis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHERERVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 21 grants totaling $384K. Net investment income was $658.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$46K
+17.9% YoY
Annual Giving
$384K
+206.4% YoY
Grant Count
21
+16.7% YoY
Avg Grant Size
$18K
+162.6% YoY
Under IRS private-foundation payout rules, The Kharis Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Kharis Foundation Inc
Based on IRS filings
The Kharis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHERERVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 21 grants totaling $384K. Net investment income was $658.
Focus Areas
Ready to take the next step with The Kharis Foundation Inc?
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 | $45,555 | $38,647 | $53,538 |
| Revenue | $390,718 | $110,400 | $200,363 |
| Expenses | $383,810 | $125,291 | $176,060 |
| Qualifying Distributions | $383,750 | $125,250 | $176,000 |
| Net Investment Income | $658 | $359 | $303 |
| Distributable Amount | $3,816 | $3,156 | $1,565 |
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 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Crown Point Christian School ($270,000), Providence Life Services ($25,000), Ada Christian School ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Activation International Ministries Zeeland, MI | Unrestricted contribution to general fund | $1,200 |
| Ada Christian School Ada, MI | Unrestricted contribution to general fund | $20,000 |
| Anew Ministries DeMotte, IN | Unrestricted contribution to general fund | $1,500 |
| Chicagoland Prison Outreach South Holland, IL | Unrestricted contribution to general fund | $1,000 |
| Courtside Ministries Chicago, IL | Unrestricted contribution to general fund | $500 |
| Crossroads Church Schererville, IN | Unrestricted contribution to general fund | $17,500 |
| Crown Point Christian School Crown Point, IN | Unrestricted contribution to general fund | $270,000 |
| Elim Christian Services Crestwood, IL | Unrestricted contribution to general fund | $2,500 |
| Hope Church Griffith, IN | Unrestricted contribution to general fund | $1,250 |
| Illiana Christian High School Dyer, IN | Unrestricted contribution to general fund | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Norman Aardema | Pres-Dir | — | — |
| Diane Aardema | Sec-Tre-Dir | — | — |
| Peter Aardema | Dir | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Kharis Foundation Inc?
The Kharis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHERERVILLE, IN. It holds $46K in total assets as of 2024.
How large is The Kharis Foundation Inc?
As of 2024, The Kharis Foundation Inc holds $46K in total assets with $391K in annual revenue. It awarded 21 grants totaling $384K in 2024.
Where does The Kharis Foundation Inc operate?
The Kharis Foundation Inc has awarded grants in Florida, Illinois, Indiana, Michigan, Minnesota, North Carolina, Wisconsin.
What size grants does The Kharis Foundation Inc award?
In 2024, The Kharis Foundation Inc awarded 21 grants totaling $384K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Kharis Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Kharis Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Kharis Foundation Inc's EIN?
The Kharis Foundation Inc's EIN (Employer Identification Number) is 02-0814904. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Kharis Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Boren Foundation Inc
UPLAND, IN
Assets
$19.1M
Grants
70
Total Given
$1.3M
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Kharis Foundation Inc 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 Kharis Foundation Inc to a real strategy.