//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have decreased from $6.4M in 2010 to $2.2M in 2024. The foundation is governed by 5 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 2021 to 2024. 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.
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.
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 | N/A |
| William J Bonner Jr | Secretary & Treasurer | $0 | $0 | N/A |
| Athena Karabots | Chairperson | $0 | $0 | N/A |
| Andrea Duloc | Vice President | $0 | $0 | N/A |
| Despina Mcnulty | President | $0 | $0 | N/A |
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
$2M
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 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA