The Karakin Foundation
EIN 752692023 Private FoundationTotal Given 2016–2024
$111.5M
519 grants · $12.4M avg/year
based on 9 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$50K
typical mid grants · $18K–$150K
grant size
39%
supporter · 106/270 multi-year
repeat
$365.4M
Assets (2024)
270
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No. Preselected Only
Phone
(325) 673-6429
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $7.6M | $117.1M | $13.5M | 55 |
| 2020 | $13.7M | $239.3M | $17.6M | 56 |
| 2022 | $36.5M | $271.2M | $29.7M | 147 |
| 2023 | $37.3M | $327.9M | $58.0M | 140 |
| 2024 | $16.4M | $365.4M | $28.8M | 121 |
Grant Size Distribution
Based on 519 grants on record
Minimum
$500
25th Pctl
$18K
Median
$50K
Average
$215K
75th Pctl
$150K
Maximum
$8.0M
Geographic Distribution
Texas Counties Served
36.9% of US grants
· Rank #1 of 34 states
$71.8M across
190 grants
23 of 254 counties
Top 10 counties
- 1 Taylor
- 2 Jones
- 3 Travis
- 4 Lubbock
- 5 Comal
- 6 Dallas
- 7 Gillespie
- 8 Montgomery
- 9 Bastrop
- 10 Kerr
+13 more
counties
· 19 grants
· $458K
Officers & Directors
KM
KADE L. Matthews
4 yrs
Chairman/President
Leadership
MF
Margaret Matthews Frederick
Assistant Vice President / Grants
Leadership
WM
WATT R. Matthews
Executive Vice President / CIO
Leadership
AM
Aaron Miller
2 yrs
Vice President/Treasurer/Cfo
Leadership
JB
JEFF Blanks
4 yrs
Senior Vice President/Operations Offic
Leadership
JC
Joseph E. Canon
4 yrs
Executive Vice President / Executive D
Leadership
JM
John A. Matthews Jr
4 yrs
Vice President
Leadership
EL
Elyse Lewis
Secretary / Senior Grants Officer
Leadership
SC
Sarah Comerford
Grants Officer
BC
Brenda Casselberry
Property / Administrator
KM
KADE L. Matthews
4 yrs
Chairman/President
Leadership
JC
Joseph E. Canon
4 yrs
Executive Vice President / Executive D
Leadership
JB
JEFF Blanks
4 yrs
Senior Vice President/Operations Offic
Leadership
AM
Aaron Miller
2 yrs
Vice President/Treasurer/Cfo
Leadership
JM
John A. Matthews Jr
4 yrs
Vice President
Leadership
KM
KADE L. Matthews
4 yrs
Chairman/President
Leadership
LB
Linda S. Buckner
2 yrs
Vice President / Secretary / Property
Leadership
JB
JEFF Blanks
4 yrs
Vice President / Treasurer / Chief FIN
Leadership
JC
Joseph E. Canon
4 yrs
Executive Vice President / Executive D
Leadership
JM
John A. Matthews Jr
4 yrs
Vice President
Leadership
KM
KADE L. Matthews
4 yrs
Chairman/President
Leadership
JB
JEFF Blanks
4 yrs
Vice President / Treasurer / Chief FIN
Leadership
LB
Linda S. Buckner
2 yrs
Vice President / Secretary / Property
Leadership
JC
Joseph E. Canon
4 yrs
Executive Vice President / Executive D
Leadership
JM
John A. Matthews Jr
4 yrs
Vice President
Leadership
Grants Awarded (519 total)
| Purpose | ||||
|---|---|---|---|---|
| Hendrick Medical Center Foundation | Abilene, TX | $8,000,000 | FUTURE EXPANSION PROJECT | 2023 |
| Hendrick Medical Center Foundation | Abilene, TX | $8,000,000 | A FOUNDATION FOR THE FUTURE EXPANSION PROJECT. | 2022 |
| Grover Nelson Park Zoological Foundation | Abilene, TX | $5,000,000 | PHASE I FUNDING | 2022 |
| Abilene Heritage Square Inc | Abilene, TX | $4,000,000 | LINCOLN MIDDLE SCHOOL RENOVATION | 2020 |
| Grover Nelson Park Zoological Foundation | Abilene, TX | $4,000,000 | PHASE 1 FUNDING | 2023 |
| Hendrick Medical Center Foundation | Abilene, TX | $4,000,000 | FUTURE EXPENSE PROJECT | 2023 |
| Hendrick Medical Center Foundation | Abilene, TX | $4,000,000 | A FOUNDATION FOR THE FUTURE EXPANSION PROJECT. | 2022 |
| West Texas Rehabilitation Center Foundation | Abilene, TX | $3,333,333 | CAPITAL PROJECT | 2023 |
| Community Foundation of Abilene | Abilene, TX | $3,000,000 | TO SUPPORT ABILENE HERITAGE SQUARE PROJECT | 2024 |
| Abilene Youth Sports Authority | Abilene, TX | $3,000,000 | TO CONSTRUCT 10 SOCCER FIELDS LOCATED IN NELSON PARK BEHIND DODGE JONES YOUTH SPORTS CENTER. | 2022 |
| Abilene Youth Sports Authority | Abilene, TX | $2,000,000 | CONSTRUCT 10 SOCCER FIELDS | 2023 |
| Abilene Christian University | Abilene, TX | $1,500,000 | HIGHER GROUND CAMPAIGN - PHASE II RENOVATION OF MOODY COLISEUM | 2022 |
| Abilene Heritage Square Inc | Abilene, TX | $1,500,000 | LINCOLN MIDDLE SCHOOL RENOVATION | 2022 |
| Sign Fractures Care International | Richland, WA | $1,281,250 | SUPPORT THE ORGANIZATION'S EXPANSION TO TREAT PELVIC FRACTURES, SPINAL TRAUMA AND FOOT AND ANKLE TRAUMA AS WELL... | 2016 |
| Abilene Heritage Square Inc | Abilene, TX | $1,000,000 | LINCOLN MIDDLE SCHOOL RENOVATION | 2020 |
| Maternal Help Hope Fund | San JOSE, CA | $1,000,000 | ELIM | 2020 |
| Grover Nelson Park Zoological Foundation | Abilene, TX | $1,000,000 | PHASE I FUNDING | 2023 |
| Abilene Heritage Square Inc | Abilene, TX | $1,000,000 | LINCOLN MIDDLE SCHOOL RENOVATION | 2023 |
| Abilene Youth Sports Authority | Abilene, TX | $1,000,000 | TO CONSTRUCT 10 SOCCER FIELDS LOCATED IN NELSON PARK BEHIND DODGE JONES YOUTH SPORTS CENTER. | 2023 |
| Abilene Youth Sports Authority | Abilene, TX | $1,000,000 | SOCCER FIELDS | 2024 |
| Grover Nelson Park Zoological Foundation | Abilene, TX | $1,000,000 | CAPITAL EXPANSION | 2024 |
| Abilene Heritage Square Inc | Abilene, TX | $1,000,000 | LINCOLN MIDDLE SCHOOL RENOVATION | 2022 |
| West Texas Rehabilitation Center Foundation | Abilene, TX | $833,333 | CAPITAL PROJECT | 2024 |
| Hendrick Medical Center Foundation | Abilene, TX | $800,000 | A FOUNDATION FOR THE FUTURE | 2024 |
| Sign Fractures Care International | Richland, WA | $713,500 | SIGN FRACTURE CARE | 2022 |
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