The Max and Yetta Karasik Family Foundation
The Max and Yetta Karasik Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 5 grants totaling $215K. Net investment income was $421K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+2.9% YoY
Annual Giving
$215K
+26.5% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$43K
+51.8% YoY
Under IRS private-foundation payout rules, The Max and Yetta Karasik Family Foundation reported a distributable amount of $301K for 2024 — the minimum it must pay out in qualifying distributions.
About The Max and Yetta Karasik Family Foundation
Based on IRS filings
The Max and Yetta Karasik Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 5 grants totaling $215K. Net investment income was $421K.
Focus Areas
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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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,566,297 | $4,437,201 | $3,574,646 |
| Revenue | $434,077 | $1,098,342 | $304,076 |
| Expenses | $304,372 | $235,521 | $380,673 |
| Qualifying Distributions | $270,641 | $221,325 | $368,879 |
| Net Investment Income | $421,041 | $1,084,198 | $295,633 |
| Distributable Amount | $301,325 | $266,018 | $283,754 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hilo Medical Center ($60,000), Doctors Without Borders ($50,000), Community Food Share ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NATURE CONSERVANCY HONOLULU, HI | GENERAL SUPPORT | $45,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | GENERAL SUPPORT | $50,000 |
| HILO MEDICAL CENTER HILO, HI | GENERAL SUPPORT | $60,000 |
| COMMUNITY FOOD SHARE LOUISVILLE, CO | GENERAL SUPPORT | $50,000 |
| SAN DIEGO WILDLIFE ALLIANCE SAN DIEGO, CA | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR RICHARD ROBBINS | TRUSTEE | 10 | — |
| LOIS G ROBBINS | TRUSTEE | 1 | — |
| LESLIE ROBBINS RUDAWSKY | TREASURER | 3 | — |
| JEAN SANSON | SECRETARY | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Max and Yetta Karasik Family Foundation?
The Max and Yetta Karasik Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $4.6M in total assets as of 2024.
How large is The Max and Yetta Karasik Family Foundation?
As of 2024, The Max and Yetta Karasik Family Foundation holds $4.6M in total assets with $434K in annual revenue. It awarded 5 grants totaling $215K in 2024.
Where does The Max and Yetta Karasik Family Foundation operate?
The Max and Yetta Karasik Family Foundation has awarded grants in California, Colorado, Hawaii, New York.
What size grants does The Max and Yetta Karasik Family Foundation award?
In 2024, The Max and Yetta Karasik Family Foundation awarded 5 grants totaling $215K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is The Max and Yetta Karasik Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Max and Yetta Karasik Family Foundation reported a distributable amount of $301K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Max and Yetta Karasik Family Foundation's EIN?
The Max and Yetta Karasik Family Foundation's EIN (Employer Identification Number) is 31-1667792. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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