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Karakin Foundation is a private corporation based in ABILENE, TX. The foundation received its IRS ruling in 1997. The principal officer is % Atkinson & Co Ltd. It holds total assets of $193.7M. Annual income is reported at $143M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Karakin Foundation has made 601 grants totaling $78.7M, with a median grant of $50K. Annual giving has decreased from $37.1M in 2020 to $14.7M in 2023. Individual grants have ranged from $500 to $1.5M, with an average award of $131K. The foundation has supported 182 unique organizations. The foundation primarily supports organizations in Texas, California, Washington, which account for 53% of all grants. Grantmaking reaches organizations across 26 states. Contributions to this foundation are tax-deductible.
Karakin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 601 grants. Its grantmaking reaches organizations primarily in TX, CA, WA.
Karakin Foundation has distributed a total of $78.7M across 601 grants. The median grant size is $50K, with an average of $131K. Individual grants have ranged from $500 to $1.5M.
Karakin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karakin Foundation is headquartered in ABILENE, TX. While based in TX, the foundation distributes grants to organizations across 26 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph E Canon | EXECUTIVE VICE PRESIDENT / EXECUTIVE D | $85K | $19K | $104K |
| Kade L Matthews | CHAIRMAN/PRESIDENT | $84K | $19K | $103K |
| Jeff Blanks | VICE PRESIDENT / TREASURER / CHIEF FIN | $76K | $19K | $95K |
| Linda S Buckner | VICE PRESIDENT / SECRETARY / PROPERTY | $47K | $20K | $67K |
| John A Matthews Jr | VICE PRESIDENT | $45K | $8K | $53K |
Total Giving
$18.2M
Total Assets
$185.1M
Fair Market Value
$327.9M
Net Worth
$184.8M
Grants Paid
$14.7M
Contributions
$24.6M
Net Investment Income
$30.3M
Distribution Amount
$14.2M
Total: $141.1M
Total Grants
601
Total Giving
$78.7M
Average Grant
$131K
Median Grant
$50K
Unique Recipients
182
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ArcaSPECIAL CARE FOR ADULTS AND CHILDREN WITH INTELLECTUAL DISABILITIES | Albuquerque, NM | $225K | 2023 |
| Salvation ArmyOPERATING SUPPORT | Abilene, TX | $190K | 2023 |
| Abilene Youth Sports AuthorityTO CONSTRUCT 10 SOCCER FIELDS LOCATED IN NELSON PARK BEHIND DODGE JONES YOUTH SPORTS CENTER. | Abilene, TX | $1M | 2023 |
| Grover Nelson Park Zoological FoundationPHASE I FUNDING | Abilene, TX | $1M | 2023 |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Abilene Heritage Square IncLINCOLN MIDDLE SCHOOL RENOVATION |
| Abilene, TX |
| $1M |
| 2023 |
| Food Bank Of West Central TexasRENOVATE FOOD BANK | Abilene, TX | $600K | 2023 |
| Healthy Kidsbrighter Future IncHEALTHY LEARNERS | Brunswick, ME | $500K | 2023 |
| Chenla Children'S Health IncNEONATAL UNIT IN MONDULIKIRI PROVINCIAL HOSPITAL | Krong Kracheh | $400K | 2023 |
| All Kind Animal InitiativeTO AID FUNDING OF NEW ANIMAL SHELTER. | Abilene, TX | $333K | 2023 |
| United Way Foundation Of AbileneUNITED WAY ENDOWMENT CAMPAIGN | Abilene, TX | $333K | 2023 |
| Apopo Us IncMINE DETECTION HERORATS AND TB DETECTION HERORATS | Washington, DC | $300K | 2023 |
| Maternal Help Hope FundESTABLISH MATERINITY ENTER OF EXCELLENCE | San Jose, CA | $300K | 2023 |
| Neuro KidsHYDROCEPHALUS | Lakeway, TX | $275K | 2023 |
| Semper Fi FundOPERATING SUPPORT | Oceanside, CA | $250K | 2023 |
| Christina Noble Children'S FoundationGENERAL OPERATING FUNDS | Miami, FL | $250K | 2023 |
| Terrewode Women'S FundTERREWODE WOMEN'S HOSPITAL | Eugene, OR | $250K | 2023 |
| Gary Sinise FoundationHOME MODIFICATION AND PROTECTIVE GEAR FOR SHELBYVILLE, TX VFD | Woodland Hills, CA | $250K | 2023 |
| Emergency Usa Life Support For Civilian Victims Of War And PovertyCHILDREN'S SURGICAL HOSPITAL, ENTEBBE UGANDA | New York, NY | $250K | 2023 |
| Operation Finally HomePROJECT SUPPORT FOR HOME BUILDS | Dallas, TX | $250K | 2023 |
| 4 Paws For Ability IncSERVICE DOGS FOR CHILDREN WITH DISABILITIES | Xenia, OH | $207K | 2023 |
| Hardin-Simmons UniversityRENOVATE NEWMAN-RICHARDSON SCIENCE BUILDING | Abilene, TX | $200K | 2023 |
| Fund For Global Human RightsTHE REFUGEE LAW PROJECT | Washington, DC | $200K | 2023 |
| Project Expedite JusticePROJECT EXPEDITE JUSTICE AND JUSTICE INCUBATOR | Kailua Kona, HI | $200K | 2023 |
| Schreiner UniversityE PLURIBUS TEXAS PROJECT | Kerrville, TX | $200K | 2023 |
| Water To ThriveTIGRAY ETHIOPIA WELL REPAIR | Austin, TX | $200K | 2023 |
| Watsi IncOPERATING SUPPORT | San Francisco, CA | $175K | 2023 |
| Ranching Heritage AssociationRANCH LIFE LEARNING CENTER | Lubbock, TX | $167K | 2023 |
| Frontier Texas IncMUSEUM EXPANSION PROJECT | Abilene, TX | $167K | 2023 |
| Partners AsiaMAE SOT TRAUMA CENTER | Oakland, CA | $165K | 2023 |
| Operation Healing ForcesOPERATING SUPPORT | Tampa, FL | $150K | 2023 |
| United Service Organizations IncGENERAL OPERATIONS | Arlington, VA | $150K | 2023 |
| Team RubiconENGAGING VETERANS TO SERVE TEXAS COMMUNITIES IN NEED | El Segundo, CA | $150K | 2023 |
| Se Asia FoundationOPERATING SUPPORT | Edmonds, WA | $150K | 2023 |
| Big Brothers Big Sisters Lone StarMARK RODGERS ENDOWED PRESIDENT FUND FOR ABILENE AND WEST CENTRAL TEXAS; CHALLENGE- DGO MONEY CANNOT BE INCLUDED IN MATCH FUNDS | Irving, TX | $150K | 2023 |
| Discipleship Network Of America-Dna MinistriesOPERATING SUPPORT | Signal Mountain, TN | $125K | 2023 |
| Friends Of BonobosCRITICAL HEALTH AND EDUCATION SERVICES | Minneapolis, MN | $120K | 2023 |
| Pivot IncSUPPORT SERVICES FOR HOMELESS YOUTH | Oklahoma City, OK | $118K | 2023 |
| African Mission Healthcare FoundationMOTHER OF MERCY HOSPITAL GENERAL OPERATING SUPPORT | Deland, FL | $108K | 2023 |
| Homes For Our TroopsADAPTIVE HOUSING FOR WOUNDED VETS | Taunton, MA | $104K | 2023 |
| Youth Voice IncYOUTH DROP IN CENTER | Abilene, TX | $100K | 2023 |
| Sudan Relief FundDOCTORS TO THE WORLD | Washington, DC | $100K | 2023 |
| Fisher House Foundation IncNEW FISHER HOUSE | Rockville, MD | $100K | 2023 |
| Foster Love - Together We RiseRAPID RESPONSE PROGRAM | Brea, CA | $100K | 2023 |
| All Hands And Hearts Smart ResponseDISASTER RELIEF ACTIVITIES | Mattapoisett, MA | $100K | 2023 |
| Hawaii Community FoundationMAUI STRONG FUND | Honolulu, HI | $100K | 2023 |
| Lawrenceville SchoolCONSTRUCT OUTDOOR LEARNING CENTER, AUTOMATED GREENHOUSE AND NEW TRACTOR | Lawrenceville, NJ | $100K | 2023 |
| Daniel R Sayre Memorial FoundationRESCUE BOAT | Kailuakona, HI | $100K | 2023 |
| Chab Dai InternationalSURVIVOR RESTORATION PROGRAM | Folsom, CA | $80K | 2023 |
| SolhealthWATER WELLS, RURAL HEALTH CLINICS AND HYGIENE PRACTICES | The Woodlands, TX | $75K | 2023 |
| Texas Tech Foundation2023 SUMMER RESEARCH GRANT | Abilene, TX | $64K | 2023 |
HOUSTON, TX
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