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Karabots Foundation is a private corporation based in FT WASHINGTON, PA. The foundation received its IRS ruling in 1999. The principal officer is % Nicholas G Karabots. It holds total assets of $90.5M. Annual income is reported at $88.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Karabots Foundation has made 6 grants totaling $4.5M, with a median grant of $263K. Annual giving has grown from $525K in 2021 to $4M in 2023. Individual grants have ranged from $3K to $2M, with an average award of $755K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Pennsylvania and Arizona. Contributions to this foundation are tax-deductible.
Karabots 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 PA, AZ.
Karabots Foundation has distributed a total of $4.5M across 6 grants. The median grant size is $263K, with an average of $755K. Individual grants have ranged from $3K to $2M.
Karabots Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karabots Foundation is headquartered in FT WASHINGTON, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Constance Kolkka | Vice President | $0 | $0 | $0 |
| William J Bonner Jr | Secretary & Treasurer | $0 | $0 | $0 |
| Athena Karabots | Chairperson | $0 | $0 | $0 |
| Andrea Duloc | Vice President | $0 | $0 | $0 |
| Despina Mcnulty | President | $0 | $0 | $0 |
Total Giving
$2K
Total Assets
$2.2M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
$2K
Net Investment Income
$99K
Distribution Amount
$104K
Total Grants
6
Total Giving
$4.5M
Average Grant
$755K
Median Grant
$263K
Unique Recipients
4
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Whitemarsh Art CenterSupport art education | Conshohocken, PA | $2M | 2023 |
| Whitemarsh Police Officers Benevolent AssnSupport local causes and charities | Lafayette Hill, PA | $3K | 2023 |
| Children'S Hospital Of PhiladelphiaResearch Institute Fund | Philadelphia, PA | $500K | 2021 |
| The Parrhasian Heritage FoundationProperty Restoration | Tucson, AZ | $25K | 2021 |
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