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A Karnavas Foundation is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 1968. It holds total assets of $113K. Annual income is reported at $7K. The foundation is governed by 2 officers and trustees. Grants were provided to five public charities. See schedule attached. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, A Karnavas Foundation has made 30 grants totaling $64K, with a median grant of $1K. The foundation has distributed between $12K and $26K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $26K distributed across 12 grants. Individual grants have ranged from $500 to $7K, with an average award of $2K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$7K
Based on 6 grants from the most recent 990-PF filing.
Grants were provided to five public charities. See schedule attached.
One educational scholarship was granted.
Grants were provided to five public charities. See schedule attached. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in PA.
A Karnavas Foundation has distributed a total of $64K across 30 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $7K.
The application deadline is Applications for grants may be submitted at anytime.. Grants to individuals are limited to persons who attend educational institutions beyond the secondary level and recipients are selected on the basis of need and prior scholastic achievements.
A Karnavas Foundation is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew G Karnavas | Director | $0 | $0 | N/A |
| Emily J Karnavas | Director | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$116K
Fair Market Value
$205K
Net Worth
$113K
Grants Paid
$12K
Contributions
$104
Net Investment Income
$5K
Distribution Amount
$11K
Total: $40K
Total Grants
30
Total Giving
$64K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Beaver County Rehabilation CenterHealthcare | Aliquippa, PA | $7K | 2023 |
| GapaEducation Scholarship | Ambridge, PA | $2K | 2023 |
| Lifesteps IncHealthcare | Beaver, PA | $1K | 2023 |
| New Horizon SchoolEducatonal | Beaver, PA | $1K | 2023 |
| Laughlin Memorial LibraryEducation | Ambridge, PA | $825 | 2023 |
| The Watson InstituteHealthcare | Sewickley, PA | $500 | 2023 |
| Greek American Progressive Assoc GaEducation Scholarship | Ambridge, PA | $2K | 2022 |
| Amanda FowlerEducation Scholarship | Baden, PA | $2K | 2022 |
| Lifesteps Caring FundHealthcare | Butler, PA | $1K | 2022 |