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Karess Foundation is a private corporation based in SUGAR LAND, TX. The foundation received its IRS ruling in 2017. It holds total assets of $236K. Annual income is reported at $1K. The foundation is governed by 1 officer or trustee. 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 2017 to 2024. The foundation primarily funds organizations in Texas and Colorado. According to available records, Karess Foundation has made 10 grants totaling $46K, with a median grant of $3K. Annual giving has grown from $10K in 2020 to $18K in 2023. Individual grants have ranged from $1K to $18K, with an average award of $5K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Colorado and Texas and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 4 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.
Karess Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in CO, TX, CA.
Karess Foundation has distributed a total of $46K across 10 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $1K to $18K.
Karess Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karess Foundation is headquartered in SUGAR LAND, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjaya Sood | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$236K
Fair Market Value
N/A
Net Worth
$236K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$46K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Daya FoundationCharity | Houston, TX | $3K | 2020 |
| Rose Andom CenterCHARITABLE | Denver, CO | $18K | 2023 |
| Explore AustinCHARITABLE | Austin, TX | $2K | 2021 |
| Prathamusa OrgCHARITABLE | Houston, TX | $2K | 2021 |
| Daya IncCHARITABLE | Houston, TX | $2K | 2021 |
| Iit Delhi Excellence FoundationCharity | Fremont, CA | $5K | 2020 |