The Karuna Charitable Fund

EIN 831658063 Private Foundation

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

Total Given 2020–2023
$199K
5 grants · $50K avg/year
based on 4 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$6K
typical small grants · $5K–$8K
grant size
0%
transactional · single-year
repeat
$839K
Assets (2024)
5
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. 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 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $180,526. This amount represents 25% or more of the Foundation's net assets of $461,293 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Arts & Culture

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
2019 N/A $325K $147K N/A
2020 $18K $341K $25K 3
2022 N/A $461K $16K N/A
2023 $181K $665K $367K 2
2024 N/A $839K $156K N/A

Grant Size Distribution

Based on 5 grants on record

Minimum
$5K
25th Pctl
$5K
Median
$6K
Average
$40K
75th Pctl
$8K
Maximum
$175K

Geographic Distribution

Officers & Directors

Grants Awarded (5 total)

Purpose
Aga Khan Foundation Usa Washington, DC $175,000 Humayun Tomb Site Museum - New Delhi 2023
Friends & Foundation of the San Francisco Public L San Francisco, CA $8,500 General & Unrestricted 2020
Togethersf San Francisco, CA $5,526 General & Unrestricted 2023
Institute on Aging San Francisco, CA $5,000 General & Unrestricted 2020
San Francisco Friends School San Francisco, CA $5,000 General & Unrestricted 2020