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Kara Foundation is a private corporation based in LIBERTYVILLE, IL. The foundation received its IRS ruling in 1992. It holds total assets of $12.6M. Annual income is reported at $3.4M. Total assets have grown from $7.7M in 2011 to $12.4M in 2023. The foundation is governed by 5 officers and trustees. Grants to other charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Wisconsin and Illinois. According to available records, Kara Foundation has made 65 grants totaling $1.1M, with a median grant of $15K. Annual giving has decreased from $754K in 2022 to $379K in 2023. Individual grants have ranged from $2K to $75K, with an average award of $17K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Illinois, Wisconsin, California, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$25K
Based on 55 grants from the most recent 990-PF filing.
Grants to other charitable organizations
Expenses: $377K
Grants to other charitable organizations. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in IL, WI, CA.
Kara Foundation has distributed a total of $1.1M across 65 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $2K to $75K.
Kara Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kara Foundation is headquartered in LIBERTYVILLE, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Demoon | VICE-PRESIDENT | $60K | $0 | $60K |
| Patrick S Demoon Iii | CO- PRESIDENT/TREASURER | $49K | $0 | $49K |
| Anthony Demoon | CO-PRESIDENT/ SECRETARY | $47K | $0 | $47K |
| Judith A Demoon | BOARD MEMBER | $0 | $0 | N/A |
| Patrick Demoon Sr | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$605K
Total Assets
$12.4M
Fair Market Value
$13.4M
Net Worth
$12.4M
Grants Paid
$379K
Contributions
N/A
Net Investment Income
$149K
Distribution Amount
$620K
Total: N/A
Total Grants
65
Total Giving
$1.1M
Average Grant
$17K
Median Grant
$15K
Unique Recipients
27
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Charles Police DepartmentOPERATIONAL SUPPORT | St Charles, IL | $75K | 2023 |
| Town Of Randall Volunteer Fire DepartmentOPERATIONAL SUPPORT | Burlington, WI | $50K | 2023 |
| Westosha Senior CommunityOPERATIONAL SUPPORT | Birstol, WI | $34K | 2023 |
| Mobile Cares ChicagoOPERATIONAL SUPPORT | Chicago, IL | $30K | 2023 |
| SmilesOPERATIONAL SUPPORT | Darien, WI | $25K | 2023 |
| Donka IncOPERATIONAL SUPPORT | Wheaton, IL | $25K | 2023 |
| Lifeline PilotsOPERATIONAL SUPPORT | Peoria, IL | $24K | 2023 |
| GivenkindOPERATIONAL SUPPORT | Buffalo Grove, IL | $20K | 2023 |
| Naperville Responds For Our VeteransOPERATIONAL SUPPORT | Naperville, IL | $20K | 2023 |
| United Spinal Association-Illinois ChapterOPERATIONAL SUPPORT | Palos Heights, IL | $20K | 2023 |
| Wayne Township Food PantryOPERATIONAL SUPPORT | West Chicago, IL | $20K | 2023 |
| Youth & Family CounselingOPERATIONAL SUPPORT | Libertyville, IL | $10K | 2023 |
| Town Of Burlington Volunteer Fire DepartmentOPERATIONAL SUPPORT | Burlington, WI | $7K | 2023 |
| The Lincoln Memorial ShrineOPERATIONAL SUPPORT | Redlands, CA | $5K | 2023 |
| Libertyville Township Food PantryOPERATIONAL SUPPORT | Libertyville, IL | $5K | 2023 |
| Lake Geneva Food PantryOPERATIONAL SUPPORT | Lake Geneva, WI | $5K | 2023 |
| Lakeland School Of Walworth CountyOPERATIONAL SUPPORT | Elkhorn, WI | $5K | 2023 |
| Southern Lakes Area Love IncSOCIAL SERVICES AND COMMUNITY ASSISTANCE | Burlington, WI | $15K | 2022 |
| Spinal Cord Injury Association Of IllinoisSPINAL CORD INJURY ASSISTANCE | Palos Heights, IL | $10K | 2022 |
| Lazarus HouseOPERATIONAL SUPPORT | St Charles, IL | $10K | 2022 |
| York Township Food PantryFOOD PANTRY SUPPORT | Lombard, IL | $5K | 2022 |
| Bloomingdale Township Food PantryFOOD PANTRY SUPPORT | Bloomingdale, IL | $5K | 2022 |
| Elkhorn Food PantryFOOD PANTRY SUPPORT | Elkhorn, WI | $5K | 2022 |