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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. Total assets have grown from $32.2M in 2011 to $193.7M 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 2015 to 2024. The foundation primarily funds organizations in Texas and California. 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.
Smallest Grant
$500
Median Grant
$100K
Average Grant
$181K
Largest Grant
$4M
Based on 74 grants from the most recent 990-PF filing.
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.
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
N/A
Total Assets
$193.7M
Fair Market Value
N/A
Net Worth
$193.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| 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 |
| 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 |
| Terrewode Women'S FundTERREWODE WOMEN'S HOSPITAL | Eugene, OR | $250K | 2023 |
| Operation Finally HomePROJECT SUPPORT FOR HOME BUILDS | Dallas, TX | $250K | 2023 |
| Semper Fi FundOPERATING SUPPORT | Oceanside, CA | $250K | 2023 |
| Emergency Usa Life Support For Civilian Victims Of War And PovertyCHILDREN'S SURGICAL HOSPITAL, ENTEBBE UGANDA | New York, NY | $250K | 2023 |
| Christina Noble Children'S FoundationGENERAL OPERATING FUNDS | Miami, FL | $250K | 2023 |
| Gary Sinise FoundationHOME MODIFICATION AND PROTECTIVE GEAR FOR SHELBYVILLE, TX VFD | Woodland Hills, CA | $250K | 2023 |
| ArcaSPECIAL CARE FOR ADULTS AND CHILDREN WITH INTELLECTUAL DISABILITIES | Albuquerque, NM | $225K | 2023 |
| 4 Paws For Ability IncSERVICE DOGS FOR CHILDREN WITH DISABILITIES | Xenia, OH | $207K | 2023 |
| Water To ThriveTIGRAY ETHIOPIA WELL REPAIR | Austin, TX | $200K | 2023 |
| Hardin-Simmons UniversityRENOVATE NEWMAN-RICHARDSON SCIENCE BUILDING | Abilene, TX | $200K | 2023 |
| Schreiner UniversityE PLURIBUS TEXAS PROJECT | Kerrville, 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 |
| Watsi IncOPERATING SUPPORT | San Francisco, CA | $175K | 2023 |
| Frontier Texas IncMUSEUM EXPANSION PROJECT | Abilene, TX | $167K | 2023 |
| Ranching Heritage AssociationRANCH LIFE LEARNING CENTER | Lubbock, 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 |
| 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 |
| Team RubiconENGAGING VETERANS TO SERVE TEXAS COMMUNITIES IN NEED | El Segundo, CA | $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 |
| 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 |
| Foster Love - Together We RiseRAPID RESPONSE PROGRAM | Brea, CA | $100K | 2023 |
| Fisher House Foundation IncNEW FISHER HOUSE | Rockville, MD | $100K | 2023 |
| Youth Voice IncYOUTH DROP IN CENTER | Abilene, TX | $100K | 2023 |
| Sudan Relief FundDOCTORS TO THE WORLD | Washington, DC | $100K | 2023 |