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Also known as: FOUNDATION
Ernest C And Marion R Karras Family Foundation is a private trust based in OAK BROOK, IL. The foundation received its IRS ruling in 2010. It holds total assets of $1.2M. Annual income is reported at $141K. TO HELP RELIGIOUS AND EDUCATIONAL ORGANIZATIONS. According to available records, Ernest C And Marion R Karras Family Foundation has made 52 grants totaling $244K, with a median grant of $2K. The foundation has distributed between $59K and $63K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $63K distributed across 11 grants. Individual grants have ranged from $250 to $32K, with an average award of $5K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Illinois, Wisconsin, Maryland, which account for 90% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
TO HELP RELIGIOUS AND EDUCATIONAL ORGANIZATIONS
TO HELP RELIGIOUS AND EDUCATIONAL ORGANIZATIONS. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in IL, WI, MD.
Ernest C And Marion R Karras Family Foundation has distributed a total of $244K across 52 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $250 to $32K.
Ernest C And Marion R Karras Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ernest C And Marion R Karras Family Foundation is headquartered in OAK BROOK, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ernest Karras | TRUSTEE | $0 | $0 | $0 |
| Marion Karras | TRUSTEE | $0 | $0 | $0 |
Total Giving
$60K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$60K
Contributions
$100K
Net Investment Income
$6K
Distribution Amount
$0
Total: $952K
Total Grants
52
Total Giving
$244K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
34
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Assumption ChurchCHURCH | Chicago, IL | $5K | 2023 |
| St JudesHOSPITAL | Memphis, TN | $1K | 2023 |
| Shriners HospitalHOSPITAL | Tampa, FL | $1K | 2023 |
| St Iakouos Retreat CenterRELIGIOUS | Kansasville, WI | $10K | 2023 |
| Benet Academy |
STAUNTON, VA
PARADISE VLY, AZ
BALTIMORE, MD
BROOKLYN, NY
MACKINAW, IL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Lisle, IL |
| $10K |
| 2023 |
| Holy Apostles ChurchCHURCH | Westchester, IL | $7K | 2023 |
| National Hellenic MuseumPESERVATION | Chicago, IL | $6K | 2023 |
| Timothy Christian SchoolsEDUCATIONAL | Elmhurst, IL | $5K | 2023 |
| University If IllinoisEDUCATIONAL | Urbana, IL | $5K | 2023 |
| South Shore Community AssociationEDUCATIONAL | San Pedro, CA | $3K | 2023 |
| IoccCHARITY | Baltimore, MD | $1K | 2023 |
| Greekk Ortho LadiesRELATIONSHIPS | Lombard, IL | $1K | 2023 |
| St Katherine Go ChurchCHURCH | Naples, FL | $1K | 2023 |
| Greek American RehabREHAB AND PATIENT CARE | Wheeling, IL | $1K | 2023 |
| St John Of The CrossCHURCH | Western Springs, IL | $1K | 2023 |
| Rush University MedicalRESEARCH | Chicago, IL | $1K | 2023 |
| U Of I FoundationContribution | Urbana, IL | $5K | 2022 |
| Rush Medical Center PhilanthropyContribution | Chicago, IL | $1K | 2022 |
| International Orthodox ChristFunds | Baltimore, MD | $1K | 2022 |
| Metropolis PhiloptohosContribution | Lombard, IL | $1K | 2022 |
| Greek American Nursing HomeContribution | Wheeling, IL | $1K | 2022 |
| St Iakovos Retreat CenterRELIGIOUS | Kansasville, WI | $26K | 2021 |
| University Of IllinoisEDUCATION | Urbana, IL | $5K | 2021 |
| Timothy Christian SchoolEDUCATION | Elmhurst, IL | $5K | 2021 |
| Holy Apostles PhiloptochosRELIGIOUS | Westchester, IL | $1K | 2021 |
| Metropoliis Philoptochos SocietyEDUCATION | Lombard, IL | $1K | 2021 |
| Rush Univ Med CenterRESEARCH | Chicago, IL | $1K | 2021 |
| Northwestern UniversityRESERCH | Evanston, IL | $1K | 2021 |
| International Orthodox CharitiesRELIGIOUS | Baltimore, MD | $1K | 2021 |
| Hellenic MuseumEDUCATION | Chicago, IL | $1K | 2021 |
| Hellenic FoundationSENIOR SEVICES | Chicago, IL | $1K | 2020 |
| Greek American Rehab CenterMEDICAL ASSISTANCE | Wheeling, IL | $1K | 2020 |
| St Peter & PaulRELIGIOUS | Westchester, IL | $500 | 2020 |
| St Jude Childrens HospitalRESEARCH | Memphis, TN | $250 | 2020 |
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