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Karina Foundation is a private trust based in MARION, MA. The foundation received its IRS ruling in 2017. The principal officer is Eric H Strand. It holds total assets of $1.9M. Annual income is reported at $343K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Massachusetts, Washington and Maine. According to available records, Karina Foundation has made 45 grants totaling $417K, with a median grant of $5K. Annual giving has decreased from $302K in 2022 to $115K in 2023. Individual grants have ranged from $500 to $50K, with an average award of $9K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Massachusetts, Maine, Washington, which account for 80% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$25K
Based on 15 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.
Karina Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in MA, ME, WA.
Karina Foundation has distributed a total of $417K across 45 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $500 to $50K.
Karina Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (814024541) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Karina Foundation is headquartered in MARION, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric H Strand | Trustee | $0 | $0 | N/A |
| Karen L Braitmayer | Advisory Bd. | $0 | $0 | N/A |
| Eric A Braitmayer | Advisory Bd. | $0 | $0 | N/A |
| Kristina B Hewey | Advisory Bd. | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.9M
Fair Market Value
N/A
Net Worth
$1.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
45
Total Giving
$417K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace Episcopal ChurchEndowment fund | New Bedford, MA | $3K | 2023 |
| Southcoast Community Foundation$2,500 - Annual Fund$10,000 - John Vasconcellos Fund | New Bedford, MA | $50K | 2023 |
| Side X SideUnrestricted | Portland, ME | $13K | 2023 |
| The Center For Wooden BoatsGeneral operating support | Seattle, WA | $13K | 2023 |
| Rice UniversityAnnual Fund Area of greatest need | Houston, TX | $10K | 2023 |
| Osteogenesis Imperfecta FoundationJamie Kendall Fund | Gaithersburg, MD | $10K | 2023 |
| The Kiran Anjali ProjectFund a Plus 2 scholarship | Mercer Island, WA | $5K | 2023 |
| Lloyd Center For The EnvironmentAnnual Clambake and Capital Campaign | Dartmouth, MA | $3K | 2023 |
| Westminster SchoolAnnual Fund | Simsbury, CT | $3K | 2023 |
| Southcoast Health$2,500 General Fund, $1,500 Southcoast 25th Anniversary Event | New Bedford, MA | $3K | 2023 |
| Community Nurse Home CareAnnual Community Appeal | Fairhaven, MA | $1K | 2023 |
| Bates CollegeAnnual Fund | Lewiston, ME | $1K | 2023 |
| Coastal Neighbors NetworkDesignated for adoptions | Dartmouth, MA | $500 | 2023 |
| Mabel Wadsworth Women'S HealthUNRESTRICTED | Bangor, ME | $16K | 2022 |
| Saci River Wildlife CenterUNRESTRICTED | Limington, ME | $16K | 2022 |
| Immigrant Legal Advocacy ProjectUnrestricted | Portland, ME | $16K | 2022 |
| Low Income Housing InstituteUnrestricted | Seattle, WA | $5K | 2022 |
| Rainer ScholarsScholarship | Seattle, WA | $3K | 2022 |