The Max and Yetta Karasik Family Foundation
The Max and Yetta Karasik Family Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.6M in total assets. In 2025, it awarded 5 grants totaling $300K. Net investment income was $337K.
Key facts about The Max and Yetta Karasik Family Foundation
In short: The Max and Yetta Karasik Family Foundation gave $300K across 5 grants in 2025 (avg $60K), mostly in Hawaii. Source: 2025 IRS Form 990-PF.
- EIN
- 31-1667792
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $300,000
- Grants made (2025)
- 5
- Average grant
- $60,000
- Median grant
- $60,000
- Total assets
- $4,552,405
- Primary geography
- Hawaii (57% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.6M
-0.3% YoY
Annual Giving
$300K
+39.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$60K
+39.5% YoY
Under IRS private-foundation payout rules, The Max and Yetta Karasik Family Foundation reported a distributable amount of $322K for 2025 — the minimum it must pay out in qualifying distributions.
How The Max and Yetta Karasik Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Max and Yetta Karasik Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $170K (2023) to $333K (2022). In 2025 it made 5 grants totaling $300K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Hilo Medical Center Foundation ($110K). Together the top 5 received $300K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 15 grants of 30 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hilo Medical Center Foundation Hilo, HI | General Support | $110,000 |
| Doctors Without Borders New York, NY | General Support | $60,000 |
| Nature Conservancy of Hawaii Honolulu, HI | General Support | $60,000 |
| Community Food Share Louisville, CO | General Support | $60,000 |
| San Diego Zoo Wildlife Alliance San Diego, CA | General Support | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,552,405 | $4,566,297 | $4,437,201 |
| Revenue | $349,878 | $434,077 | $1,098,342 |
| Expenses | $364,279 | $304,372 | $235,521 |
| Qualifying Distributions | $351,993 | $270,641 | $221,325 |
| Net Investment Income | $336,595 | $421,041 | $1,084,198 |
| Distributable Amount | $321,761 | $301,325 | $266,018 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Max and Yetta Karasik Family Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lois G. Robbins
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard Robbins
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Jean Sanson
Secretary
On filings since 2020
3 hrs/week
$8K (2020) → $0 (2025)
Leslie Robbins Rudawsky
Treasurer
On filings since 2020
3 hrs/week
$8K (2020) → $0 (2025)
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.
Compensation Overview
No officer or director reported compensation in the available filings.
Frequently asked questions about The Max and Yetta Karasik Family Foundation
How much does The Max and Yetta Karasik Family Foundation give each year?
The Max and Yetta Karasik Family Foundation gave $300K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $215K across 5 grants.
What is The Max and Yetta Karasik Family Foundation's typical grant size?
The Max and Yetta Karasik Family Foundation's median grant in 2025 was $60,000, and its average grant was $60,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Max and Yetta Karasik Family Foundation give grants?
The Max and Yetta Karasik Family Foundation gives mostly in Hawaii: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (20%) and Colorado (20%).
Does The Max and Yetta Karasik Family Foundation give general operating support?
Yes: 100% of The Max and Yetta Karasik Family Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Max and Yetta Karasik Family Foundation's largest grantees?
The Max and Yetta Karasik Family Foundation's largest 2025 grantees include Hilo Medical Center Foundation ($110,000), Doctors Without Borders ($60,000) and Nature Conservancy of Hawaii ($60,000), according to its 2025 IRS Form 990-PF. Together they received 77% of its itemized 2025 grant dollars.
How large is The Max and Yetta Karasik Family Foundation?
The Max and Yetta Karasik Family Foundation reported $4.6M in total assets on its 2025 IRS Form 990-PF. It paid out $352K in qualifying distributions that year, against a required minimum of $322K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Max and Yetta Karasik Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Max and Yetta Karasik Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
John and Judy Spoelhof Foundation
Holland, MI
The John and Judy Spoelhof Foundation supports a range of charitable organizations, including education, human services, faith-based work, and health-related programs, with most funding going to Michigan. Its 2025 grants had a median of $17,500 and ranged from $1,700 to $550,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$39.6M
Grants
60
Total Given
$2.5M
Loblolly Community Foundation Inc
Hobe Sound, FL
The foundation supports charitable organizations addressing education, health, welfare, housing, youth services, and safety needs in Hobe Sound and Martin County, Florida, and also runs programs for local employees, families, students, and individuals. In 2025, grants ranged from $8,000 to $175,000, with a median of $25,000. The profile does not state whether it accepts unsolicited requests.
Assets
$2.1M
Grants
31
Total Given
$1.0M
The Share Foundation
Southfield, MI
Assets
$56K
Grants
3
Total Given
$51K
The McDaniel Family Foundation Inc
Dalton, GA
The McDaniel Family Foundation supports local charities, including educational institutions, churches, and other organizations, primarily in Georgia. Its 2025 grants ranged from $500 to $55,000, with a median of $1,500. It accepts verbal or written requests with proof of exempt status and does not restrict awards to preselected organizations.
Assets
$547K
Grants
21
Total Given
$112K
E P Woodruff Trust
Brownwood, TX
The E P Woodruff Trust funds 501(c)(3) organizations working in areas such as youth activities, arts, social services, accessibility, facility improvements, and emergency response, primarily in Texas. In 2024 it awarded 21 grants of $1,000–$8,000, with a median grant of $5,000. It accepts unsolicited written requests; no deadline is listed.
Assets
$1.5M
Grants
21
Total Given
$89K
Ima Foundation
Wichita, KS
Assets
$11.4M
Grants
602
Total Given
$831K
Wright Foundation
Sammamish, WA
The Wright Foundation supports charitable organizations in education, health, youth development, and other areas, with recent grants ranging from $5,000 to $50,000 and a median of $20,000. Its 2025 giving primarily went to organizations in Hawai‘i, Washington, and California. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$2.8M
Grants
13
Total Given
$266K
United Way of the River Cities Inc
Huntington, WV
United Way of the River Cities funds nonprofit programs addressing basic needs, health, youth opportunity, financial stability, and community resilience through annual Safety Net grants and two-year Impact grants. Its 2025 awards ranged from $6,736 to $46,263, with a median of $23,000, for organizations serving Cabell, Lincoln, Mason, and Wayne counties in West Virginia and Gallia and Lawrence counties in Ohio. Applicants start with an online letter of intent; eligible organizations are invited to apply, so unsolicited full applications are not accepted.
Assets
$2.6M
Grants
25
Total Given
$590K
Draeger Family Foundation XXX-XX-XXXX
Madison, WI
Assets
$1.1M
Grants
9
Total Given
$62K
Frost Family Foundation
Honolulu, HI
The Frost Family Foundation supports food and agriculture, environmental protection and conservation, women’s leadership, and pre- and post-natal bonding, with a strong focus on community organizations in Hawaii and connections to Native Hawaiian culture. Its 2025 grants ranged from $5,000 to $1,075,000, with a median of $75,000. Grants are by invitation only, though interested organizations may inquire about applying.
Assets
$7.2M
Grants
17
Total Given
$2.0M
The LRW Charitable Trust
San Antonio, TX
Assets
$2.2M
Grants
1
Total Given
$197K
More Funders in Illinois
The Max and Yetta Karasik Family Foundation down — hundreds of funders to go?