Kanshi Ram Memorial Arora (KARMA) Foundation

EIN 271208026 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2016–2020
$358K
10 grants · $72K avg/year
based on 5 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$4K
typical micro grants · $3K–$5K
grant size
12%
transactional · 1/8 multi-year
repeat
$317K
Assets (2018)
8
Distinct Recipients

About

The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 10, 2020, the Foundation made distributions from assets from sources other than current income in complete liquidation. The Foundation filed the attached Certificate of Dissolution with the Secretary of State of Delaware on December 10, 2020. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein. A final distribution of the foundation's expected tax refund of $105 will be made as a grant to a 501(c)(3) public charity per irs regulations.

Focus Areas

Health Human Services Science & Research

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $12K $340K $36K 4
2018 $13K $317K $18K 3
2020 $333K $0 $7K 3

Grant Size Distribution

Based on 10 grants on record

Minimum
$496
25th Pctl
$3K
Median
$4K
Average
$36K
75th Pctl
$5K
Maximum
$324K

Geographic Distribution


Texas Counties Served

30.0% of US grants · Rank #1 of 5 states $11K across 3 grants 2 of 254 counties

Top 2 counties

  1. 1 Collin 2 grants · $6K
  2. 2 Denton 1 grant · $5K

Officers & Directors

Grants Awarded (10 total)

Purpose
National Philanthropic Trust Jenkintown, PA $324,470 General & Unrestricted (see attached in-kind grant schedule) 2020
National Philanthropic Trust New York, NY $7,937 Kanshi Ram Memorial Arora Karma Fund 2020
M Julio Denton, TX $5,000 Hardship Assistance Grant 2018
M Muhi Albany, NY $5,000 Hardship Assistance Grant 2018
S Lauer III Prospect, OH $4,500 Hardship Assistance Grant 2016
J O'Dell Jr McKinney, TX $3,000 Hardship Assistance Grant 2016
Ohio State University Columbus, OH $3,000 Food Innovation Center Fund 2016
J O'Dell Jr McKinney, TX $3,000 Hardship Assistance Grant 2018
Sca Medical Missions Birmingham, AL $2,000 Honduras Medical Missions Program 2016
National Philanthropic Trust Jenkintown, PA $496 General & Unrestricted 2020

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