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Karelou Foundation is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 2019. The principal officer is % Arthur J Rooney Jr. It holds total assets of $2.4M. Annual income is reported at $307K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Karelou Foundation has made 57 grants totaling $800K, with a median grant of $10K. Annual giving has decreased from $215K in 2021 to $150K in 2024. Grantmaking activity was highest in 2023 with $360K distributed across 24 grants. Individual grants have ranged from $2K to $50K, with an average award of $14K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, Virginia, New York, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Karelou Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in PA, VA, NY.
Karelou Foundation has distributed a total of $800K across 57 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $2K to $50K.
Karelou Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karelou Foundation is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur J Rooney Jr | PRESIDENT | $0 | $0 | $0 |
Total Giving
$168K
Total Assets
$2.5M
Fair Market Value
$3.7M
Net Worth
$2.5M
Grants Paid
$150K
Contributions
$0
Net Investment Income
$53K
Distribution Amount
$168K
Total Grants
57
Total Giving
$800K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Sisters Of The PoorGENERAL | Pittsburgh, PA | $10K | 2024 |
| St Vincent CollegeGENERAL | Latrobe, PA | $40K | 2024 |
| Depaul School For Hearing & SpeechGENERAL | Pittsburgh, PA | $20K | 2024 |
| Seton Hill UniversityGENERAL | Greensburg, PA | $20K | 2024 |
| Duquesne UniversityGENERAL | Pittsburgh, PA | $20K |
| 2019 | 990PF | View |
| 2024 |
| Sisters Of Charity Of Seton HillGENERAL | Greensburg, PA | $10K | 2024 |
| Upmc Hillman Cancer CenterGENERAL | Pittsburgh, PA | $10K | 2024 |
| St Bonaventure UniversityGENERAL | St Bonaventure, NY | $6K | 2024 |
| Autism Project Of Palm Beach CountyGENERAL | Jupiter, FL | $5K | 2024 |
| Point Park UniversityGENERAL | Pittsburgh, PA | $5K | 2024 |
| Emmaus Community Of PittsburghGENERAL | Pittsburgh, PA | $2K | 2024 |
| Washington University In St LouisGENERAL | St Louis, MO | $2K | 2024 |
| University Of PittsburghGENERAL | Pittsburgh, PA | $20K | 2023 |
| Marine Corps Scholarship FoundationGENERAL | Alexandria, VA | $50K | 2021 |
| Irene S Taylor Scholarship FundGENERAL | Latrobe, PA | $20K | 2021 |
| United Way Of Allegheny CountyGENERAL | Pittsburgh, PA | $20K | 2021 |
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