//
Also known as: C/O EDWARD P MOONEY JR
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Karol Fund is a private trust based in FOX POINT, WI. The foundation received its IRS ruling in 2004. The principal officer is Edward P Mooney Jr. It holds total assets of $11K. Annual income is reported at $1.2M. Total assets have grown from $17K in 2010 to $117K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Wisconsin. According to available records, Karol Fund has made 80 grants totaling $1.4M, with a median grant of $10K. Annual giving has decreased from $370K in 2020 to $255K in 2023. Grantmaking activity was highest in 2022 with $495K distributed across 32 grants. Individual grants have ranged from $3K to $60K, with an average award of $17K. The foundation has supported 23 unique organizations. Grants have been distributed to organizations in Wisconsin and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$15K
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.
Karol Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in WI, PA.
Karol Fund has distributed a total of $1.4M across 80 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $3K to $60K.
No distributions shall be made to organizations with beliefs in conflict with the holy roman catholic church. Specifically, and without limitation, no grants shall be made to organizations that support abortion, euthanasia, or capital punishment.
Karol Fund is headquartered in FOX POINT, WI. While based in WI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bridie Ann Mooney | TRUSTEE | $0 | $0 | N/A |
| Edward P Mooney Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$257K
Total Assets
$117K
Fair Market Value
$117K
Net Worth
$117K
Grants Paid
$255K
Contributions
N/A
Net Investment Income
$154K
Distribution Amount
$10K
Total Grants
80
Total Giving
$1.4M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Francis De Sales Seminary - Annual AppealANNUAL SUPPORT | St Francis, WI | $50K | 2023 |
| Archdiocese Of Milwaukee - Stewardship AppealANNUAL SUPPORT | Milwaukee, WI | $40K | 2023 |
| Archdiocese Of Milwaukee - Love One Another Capital CampaignANNUAL SUPPORT | Milwaukee, WI | $30K | 2023 |
| Seton Catholic SchoolsANNUAL SUPPORT | Milwaukee, WI | $25K | 2023 |
| Divine Savior Holy Angels - Forward In Faith Capital CampaignANNUAL SUPPORT | Milwaukee, WI | $20K | 2023 |
| Archdiocese Of Milwaukee - 2024 Catholic Schools DinnerANNUAL SUPPORT | Milwaukee, WI | $10K | 2023 |
| St Josephat Basilica FoundationANNUAL SUPPORT | Milwaukee, WI | $5K | 2023 |
| Women'S Support Center Of MilwaukeeANNUAL SUPPORT | Milwaukee, WI | $5K | 2023 |
| Milwaukee Rescue MissionANNUAL SUPPORT | Milwaukee, WI | $3K | 2023 |
| St Anthony SchoolANNUAL SUPPORT | Milwaukee, WI | $3K | 2023 |
| St Francis Of Assisi ParishANNUAL SUPPORT | Milwaukee, WI | $3K | 2023 |
| St Francis De Sales Seminary - Fr Luke Strand InstallationANNUAL SUPPORT | St Francis, WI | $25K | 2022 |
| Archdiocese Of Milwaukee - 2023 Catholic Schools DinnerANNUAL SUPPORT | Milwaukee, WI | $10K | 2022 |
| Ahava ProductionsANNUAL SUPPORT | Oconomowoc, WI | $10K | 2022 |
| Archdiocese Of Milwaukee - 2022 Catholic Schools DinnerANNUAL SUPPORT | Milwaukee, WI | $10K | 2022 |
| Dominican High SchoolANNUAL SUPPORT | Whitefish Bay, WI | $5K | 2022 |
| Greensburg Central Catholic SchoolANNUAL SUPPORT | Greensburg, PA | $5K | 2022 |
| St Francis SeminaryANNUAL SUPPORT | St Francis, WI | $50K | 2021 |
| Archdiocese Of MilwaukeeANNUAL SUPPORT | Milwaukee, WI | $40K | 2021 |
| St Francis Of Assisi - Capital CampaignANNUAL SUPPORT | Milwaukee, WI | $25K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI