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Karisma Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2005. The principal officer is John C Bedrosian. It holds total assets of $6.9M. Annual income is reported at $6.7M. Total assets have decreased from $8.8M in 2010 to $6.8M in 2022. The foundation is governed by 3 officers and trustees. 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 2016 to 2023. Grantmaking is concentrated in California. According to available records, Karisma Foundation has made 74 grants totaling $2.1M, with a median grant of $25K. The foundation has distributed between $400K and $820K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $820K distributed across 30 grants. Individual grants have ranged from $3K to $50K, with an average award of $29K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Nevada, which account for 92% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$25K
Average Grant
$26K
Largest Grant
$50K
Based on 16 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.
Karisma Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in CA, MA, NV.
Karisma Foundation has distributed a total of $2.1M across 74 grants. The median grant size is $25K, with an average of $29K. Individual grants have ranged from $3K to $50K.
Karisma Foundation typically selects its grantees rather than accepting unsolicited proposals. None yet defined.
Karisma Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Bedrosian Coyne | CFO | $90K | $0 | $90K |
| Ted Coyne | DIRECTOR/SEC | $0 | $0 | N/A |
| John C Bedrosian | DIRECTOR/PR | $0 | $0 | N/A |
Total Giving
$742K
Total Assets
$6.8M
Fair Market Value
$9M
Net Worth
$6.8M
Grants Paid
$468K
Contributions
N/A
Net Investment Income
$339K
Distribution Amount
$424K
Total: $6.6M
Total Grants
74
Total Giving
$2.1M
Average Grant
$29K
Median Grant
$25K
Unique Recipients
25
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sinai Akiba AcademyTO SUPPORT ESTABLISHED CHARITIES | Los Angeles, CA | $50K | 2023 |
| Perkins School For The BlindTO SUPPORT ESTABLISHED CHARITIES | Watertown, MA | $50K | 2023 |
| Peace4kidsTO SUPPORT ESTABLISHED CHARITY | Los Angeles, CA | $50K | 2023 |
| 826laTO SUPPORT ESTABLISHED CHARITY | Venice, CA | $50K | 2023 |
| Youth Emerging StrongerTO SUPPORT ESTABLISHED CHARITIES | Los Angeles, CA | $50K | 2023 |
| Hope The MissionTO SUPPORT ESTABLISHED CHARITIES | North Hills, CA | $50K | 2023 |
| Chrons & Colitis FoundationTO SUPPORT ESTABLISHED CHARITIES | New York, NY | $45K | 2023 |
| The Painted TurtleTO SUPPORT ESTABLISHED CHARITY | Santa Monica, CA | $30K | 2023 |
| Facing History And OurselvesTO SUPPOT ESTABLISHED CHARITIES | Los Angeles, CA | $25K | 2023 |
| Regents Of University Of CaliforniaTO SUPPORT ESTABLISHED CHARITIES | Oakland, CA | $25K | 2023 |
| Imagine LaTO SUPPORT ESTABLISHED CHARITY | Los Angeles, CA | $25K | 2023 |
| Hope Of The ValleyTO SUPPORT ESTABLISHED CHARITIES | North Hills, CA | $8K | 2023 |
| Oaks Christian SchoolTO SUPPORT ESTABLISHED CHARITIES | Westlake Village, CA | $8K | 2023 |
| Claris HealthTO SUPPORT ESTABLISHED CHARITIES | Los Angeles, CA | $3K | 2023 |
| University Of Nevada Reno FdnTO SUPPORT ESTABLISHED CHARITIES | Reno, NV | $10K | 2022 |
| The Children'S CabinetTO SUPPORT ESTABLISHED CHARITIES | Reno, NV | $10K | 2022 |
| The Music CenterTO SUPPORT ESTABLISHED CHARITIES | Los Angeles, CA | $5K | 2022 |
| Education And HopeTO SUPPORT ESTABLISHED CHARITIES | Norwalk, CT | $5K | 2022 |
| National Foster Yourth InstituteTO SUPPORT ESTABLISHED CHARITIES | Los Angeles, CA | $3K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA