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Karens Way is a private corporation based in BAY VILLAGE, OH. The foundation received its IRS ruling in 2021. The principal officer is % Tricia Rhea. It holds total assets of $710K. Annual income is reported at $7K. To provide financial charitable assistance for relief of the distressed or the underprivileged including families, individuals other charitable 501(c)(3) programs. According to available records, Karens Way has made 17 grants totaling $170K, with a median grant of $5K. Annual giving has grown from $40K in 2021 to $130K in 2022. Individual grants have ranged from $550 to $30K, with an average award of $10K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Ohio, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
To provide financial charitable assistance for relief of the distressed or the underprivileged including families, individuals other charitable 501(c)(3) programs.
Expenses: $40K
To provide financial charitable assistance for relief of the distressed or the underprivileged including families, individuals other charitable 501(c)(3) programs. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY, DC, OH.
Karens Way has distributed a total of $170K across 17 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $550 to $30K.
Karens Way typically selects its grantees rather than accepting unsolicited proposals.
Karens Way is headquartered in BAY VILLAGE, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jack N Rhea | Secretary | $0 | $0 | $0 |
| Mary Patricia Rhea | President | $0 | $0 | $0 |
| Charles N Norton | Treasurer/director | $0 | $0 | $0 |
| Alan Rhea | Director | $0 | $0 | $0 |
Total Giving
$65K
Total Assets
$1.1M
Fair Market Value
$716K
Net Worth
$1.1M
Grants Paid
$65K
Contributions
$0
Net Investment Income
$5K
Distribution Amount
$50K
Total: $1.1M
Total Grants
17
Total Giving
$170K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Doctors Without BordersGETTING PATIENTS CARE THEY NEED | New York, NY | $30K | 2022 |
| World Central KitchenPROVIDE FOOD TO UKRAINE AND SURROUNDING NATIONS | Washington, DC | $30K | 2022 |
| Bay High School Key ClubTHIRST PROJECT | Bay Village, OH | $5K | 2022 |
| The Let'S Share The Sun FoundationPUBLIC SUPPORT | Troy, NY | $10K | 2021 |
| The Carter CenterPUBLIC SUPPORT | Atlanta, GA | $10K | 2021 |
CHICAGO, IL
COLLEGEVILLE, PA
PFLUGERVILLE, TX
PEMBROKE PNES, FL
CINCINNATI, OH
| American Red CrossPUBLIC SUPPORT | Washington, DC | $5K | 2021 |
| The Gathering PlacePUBLIC SUPPORT | Westlake, OH | $5K | 2021 |
| L'Arche ClevelandPUBLIC SUPPORT | Cleveland, OH | $3K | 2021 |
| Bay Village FoundationPUBLIC SUPPORT | Bay Village, OH | $3K | 2021 |
| Malachi HousePUBLIC SUPPORT | Cleveland, OH | $2K | 2021 |
| Safe Harbor - NortonPUBLIC SUPPORT | Aurora, OH | $1K | 2021 |
| Cleveland MetroparksPUBLIC SUPPORT | Cleveland, OH | $1K | 2021 |
| Homeless Hookup CleTRAVELING SHOW BUS | South Euclid, OH | $1K | 2021 |
| Bay Music BoostersPUBLIC SUPPORT | Bay Village, OH | $550 | 2021 |
DUBLIN, OH
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