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Karin Larson Charitable Trust is a private trust based in RENO, NV. The foundation received its IRS ruling in 2022. The principal officer is Capital Bank And Trust Company. It holds total assets of $76.5M. Annual income is reported at $9.5M. 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 2022 to 2023. According to available records, Karin Larson Charitable Trust has made 10 grants totaling $4.5M, with a median grant of $451K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and Minnesota and New Jersey. Contributions to this foundation are tax-deductible.
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.
Karin Larson Charitable Trust 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 CA, MN, NJ.
Karin Larson Charitable Trust has distributed a total of $4.5M across 10 grants. The median grant size is $451K, with an average of $451K. Individual grants have ranged from $451K to $451K.
Karin Larson Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Karin Larson Charitable Trust is headquartered in RENO, NV. While based in NV, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Capital Bank Trust | Trustee | $74K | $0 | $74K |
Total Giving
$2.5M
Total Assets
$74.4M
Fair Market Value
$80.2M
Net Worth
$74.4M
Grants Paid
$2.2M
Contributions
N/A
Net Investment Income
$3.1M
Distribution Amount
$3.7M
Total Grants
10
Total Giving
$4.5M
Average Grant
$451K
Median Grant
$451K
Unique Recipients
5
Most Common Grant
$451K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Swedish InstGENERAL SUPPORT | Minneapolis, MN | $451K | 2022 |
| Malibu Pacific ChurchGENERAL SUPPORT | Malibu, CA | $451K | 2022 |
| Union Rescue MissonGENERAL SUPPORT | Los Angeles, CA | $451K | 2022 |
| Urban Promise MinistriesGENERAL SUPPORT | Camden, NJ | $451K | 2022 |
| Converge North CentalGENERAL SUPPORT | Arden Hills, MN | $451K | 2022 |