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.
The Max and Yetta Karasik Family Foundation at a glance
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.
- Annual giving (2025)
- $300,000
- +39.5% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $60,000
- +39.5% vs 2024
- Median grant
- $60,000
- Total assets
- $4,552,405
- -0.3% vs 2024
- Primary geography
- Hawaii (57% 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 Max and Yetta Karasik Family Foundation funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
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.
Giving History
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.
Grants by year
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 |
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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 | $4,552,405 | $349,878 | $364,279 | $300,000 | 5 | $351,993 | $336,595 | $321,761 |
| 2024 | $4,566,297 | $434,077 | $304,372 | $215,000 | 5 | $270,641 | $421,041 | $301,325 |
| 2023 | $4,437,201 | $1,098,342 | $235,521 | $170,000 | 6 | $221,325 | $1,084,198 | $266,018 |
| 2022 | $3,574,646 | $304,076 | $380,673 | $332,952 | 8 | $368,879 | $295,633 | $283,754 |
| 2021 | $3,651,257 | $225,793 | $308,577 | $252,952 | 6 | $297,081 | $218,809 | $317,152 |
| 2020 | $3,732,522 | $157,976 | $283,463 | $240,000 | 6 | — | $136,125 | $259,972 |
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.
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.
Data update history
(2)
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
Live grants for the work The Max and Yetta Karasik Family Foundation funds
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