The Peter & Linda Karmin Family
The Peter & Linda Karmin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND PARK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $602K in total assets. In 2024, it awarded 10 grants totaling $67K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$602K
-4.5% YoY
Annual Giving
$67K
+50.9% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$7K
+81.0% YoY
Under IRS private-foundation payout rules, The Peter & Linda Karmin Family reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About The Peter & Linda Karmin Family
Based on IRS filings
The Peter & Linda Karmin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND PARK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $602K in total assets. In 2024, it awarded 10 grants totaling $67K. Net investment income was $38K.
Focus Areas
Ready to take the next step with The Peter & Linda Karmin Family?
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 | $601,766 | $629,909 | $675,358 |
| Revenue | $41,272 | $8,048 | $120,121 |
| Expenses | $69,416 | $53,097 | $63,224 |
| Qualifying Distributions | $66,671 | $44,200 | $56,625 |
| Net Investment Income | $38,220 | $24,173 | $87,903 |
| Distributable Amount | $45,214 | $39,586 | $39,328 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Rhodes College ($25,000), Rhodes College ($22,500), The Evans at Canal Shores ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NSCI GLENCOE, IL | CIVIC | $250 |
| NSCI GLENCOE, IL | CIVIC | $4,165 |
| SOUTHEAST GEORGIA HEALTH SYSTEM BRUNSWICK, GA | CIVIC | $1,000 |
| NSCI GLENCOE, IL | CIVIC | $250 |
| NSCI GLENCOE, IL | CIVIC | $250 |
| THE EVANS AT CANAL SHORES EVANSTON, IL | CIVIC | $12,500 |
| TRI CON CHILD CARE CENTER HIGHLAND PARK, IL | CIVIC | $500 |
| RHODES COLLEGE MEMPHIS, TN | EDUCATION | $22,500 |
| RHODES COLLEGE MEMPHIS, TN | EDUCATION | $25,000 |
| SUSAN G KOMEN DALLAS, TX | CIVIC | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER KARMIN | TRUSTEE | — | — |
| LINDA KARMIN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Peter & Linda Karmin Family?
The Peter & Linda Karmin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HIGHLAND PARK, IL. It holds $602K in total assets as of 2024.
How large is The Peter & Linda Karmin Family?
As of 2024, The Peter & Linda Karmin Family holds $602K in total assets with $41K in annual revenue. It awarded 10 grants totaling $67K in 2024.
Where does The Peter & Linda Karmin Family operate?
The Peter & Linda Karmin Family has awarded grants in Georgia, Illinois, Pennsylvania, Tennessee, Texas.
What size grants does The Peter & Linda Karmin Family award?
In 2024, The Peter & Linda Karmin Family awarded 10 grants totaling $67K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Peter & Linda Karmin Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peter & Linda Karmin Family reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peter & Linda Karmin Family's EIN?
The Peter & Linda Karmin Family's EIN (Employer Identification Number) is 26-1604639. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Peter & Linda Karmin Family's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Jewish Federation of Metropolitan
CHICAGO, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Dolores Kohl Education Foundation
HIGHLAND PARK, IL
Assets
$8.4M
Grants
26
Total Given
$1.2M
Texas Instruments Foundation
DALLAS, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Peter & Linda Karmin Family 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