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Kara Family Foundation is a private trust based in FORT WAYNE, IN. The foundation received its IRS ruling in 2020. It holds total assets of $1.6M. Annual income is reported at $226K. Total assets have grown from $1.2M in 2020 to $1.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Kara Family Foundation has made 6 grants totaling $38K, with a median grant of $4K. Annual giving has grown from $8K in 2021 to $18K in 2023. Individual grants have ranged from $1K to $17K, with an average award of $6K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and New Jersey. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Kara Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA, NJ.
Kara Family Foundation has distributed a total of $38K across 6 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $1K to $17K.
Kara Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kara Family Foundation is headquartered in FORT WAYNE, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Firas Kara | TRUSTEE | $0 | $0 | N/A |
| Alia Natafgi | TRUSTEE | $0 | $0 | N/A |
Total Giving
$182K
Total Assets
$1.5M
Fair Market Value
$752K
Net Worth
$603K
Grants Paid
$24K
Contributions
$500
Net Investment Income
$113K
Distribution Amount
$18K
Total Grants
6
Total Giving
$38K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
3
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Smile YounitedASSIST REFUGEES IN TURKEY | Paris | $17K | 2023 |
| Violet OrganizationREFUGEE ASSISTANCE | Woodbury, NJ | $1K | 2023 |
| Lighthouse Peace InitiativeAID TO SYRIAN REFUGEES | Burbank, CA | $2K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN