The Roma Karp Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIVERHEAD, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 14 grants totaling $185K. Net investment income was $169K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
-0.8% YoY
Annual Giving
$185K
+12.1% YoY
Grant Count
14
+0.0% YoY
Avg Grant Size
$13K
+12.1% YoY
Under IRS private-foundation payout rules, The Roma Karp Foundation reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
About The Roma Karp Foundation
Based on IRS filings
The Roma Karp Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIVERHEAD, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 14 grants totaling $185K. Net investment income was $169K.
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 | $3,066,492 | $3,092,605 | $3,178,180 |
| Revenue | $191,025 | $110,629 | $82,606 |
| Expenses | $213,459 | $194,038 | $219,379 |
| Qualifying Distributions | $185,000 | $165,000 | $184,000 |
| Net Investment Income | $168,812 | $67,728 | $47,038 |
| Distributable Amount | $170,480 | $160,365 | $167,584 |
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
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Suny Plattsburgh ($55,000), Glk Foundation ($45,000), Cast Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAST INC WAKEFIELD, MA | CHARITABLE | $25,000 |
| CHILDREN'S HOPE ALLIANCE BARIUM SPRINGS, NC | CHARITABLE | $10,000 |
| COMMUNITY CONNECTIONS INC WASHINGTON, DC | MEDICAL | $2,000 |
| EAST END HOSPICE WESTHAMPTON BEACH, NY | CHARITABLE | $5,000 |
| FRIENDS OF AINE FOUNDATION MANCHESTER, NH | CHARITABLE | $6,500 |
| GLK FOUNDATION RIVERHEAD, NY | MEDICAL RESEARCH | $45,000 |
| HOLY TRINITY RC CHURCH EAST HAMPTON, NY | RELIGIOUS | $4,000 |
| LOGAN CHIROPRACTIC INST CHESTERFIELD, MO | MEDICAL RESEARCH | $5,000 |
| MORICHES PAQUATUCK SQUAWS INC CENTER MORICHES, NY | YOUTH SERVICES | $6,500 |
| SISTERHOOD OF ST JOSEPH BRENTWOOD, NY | RELIGIOUS | $11,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J CANNY | EXECUTIVE DI | — | $2,500 |
| JAMES GRIFFIN | DIRECTOR | — | $2,500 |
| LISA BENINCASSA | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Roma Karp Foundation?
The Roma Karp Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIVERHEAD, NY. It holds $3.1M in total assets as of 2024.
How large is The Roma Karp Foundation?
As of 2024, The Roma Karp Foundation holds $3.1M in total assets with $191K in annual revenue. It awarded 14 grants totaling $185K in 2024.
Where does The Roma Karp Foundation operate?
The Roma Karp Foundation has awarded grants in District of Columbia, Massachusetts, Missouri, North Carolina, New Hampshire, New York.
What size grants does The Roma Karp Foundation award?
In 2024, The Roma Karp Foundation awarded 14 grants totaling $185K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Roma Karp Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Roma Karp Foundation reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Roma Karp Foundation's EIN?
The Roma Karp Foundation's EIN (Employer Identification Number) is 82-2442110. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Roma Karp Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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