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Karp Family Foundation is a private corporation based in ORCHARD LAKE, MI. The foundation received its IRS ruling in 2014. It holds total assets of $11.4M. Annual income is reported at $3M. Total assets have grown from $15.2M in 2014 to $18.5M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2018 to 2024. Grantmaking is concentrated in Michigan. According to available records, Karp Family Foundation has made 92 grants totaling $4.1M, with a median grant of $8K. The foundation has distributed between $770K and $1.6M annually from 2021 to 2024. Grantmaking activity was highest in 2022 with $1.6M distributed across 36 grants. Individual grants have ranged from $1K to $400K, with an average award of $44K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Michigan, California, Illinois, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$9K
Average Grant
$44K
Largest Grant
$290K
Based on 18 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.
Karp Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 92 grants. Its grantmaking reaches organizations primarily in MI, CA, IL.
Karp Family Foundation has distributed a total of $4.1M across 92 grants. The median grant size is $8K, with an average of $44K. Individual grants have ranged from $1K to $400K.
Karp Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (465092038) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Karp Family Foundation is headquartered in ORCHARD LAKE, MI. While based in MI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Karp | TREASURER | $0 | $0 | N/A |
| David Karp | SECRETARY | $0 | $0 | N/A |
| Gabriella Karp | PRESIDENT | $0 | $0 | N/A |
Total Giving
$904K
Total Assets
$18.5M
Fair Market Value
$18.5M
Net Worth
$11.6M
Grants Paid
$804K
Contributions
N/A
Net Investment Income
$961K
Distribution Amount
$870K
Total Grants
92
Total Giving
$4.1M
Average Grant
$44K
Median Grant
$8K
Unique Recipients
29
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holocaust Memorial CenterUNRESTRICTED | Farmington Hills, MI | $279K | 2024 |
| Shoah FoundationUNRESTRICTED | Los Angeles, CA | $215K | 2024 |
| Friends Of Israel Defense ForcesUNRESTRICTED | Walled Lake, MI | $108K | 2024 |
| Jewish Hospice & Chaplaincy NetworkUNRESTRICTED | W Bloomfield, MI | $72K | 2024 |
| Jewish Federation Of Metro DetroitUNRESTRICTED | Bloomfield Hills, MI | $55K | 2024 |
| Insight Through EducationUNRESTIRCTED | Palm Beach Gardens, FL | $15K | 2024 |
| The Intl Raoul Wallenberg FoundatioUNRESTRICTED | New York, NY | $10K | 2024 |
| American Friends Of Magen David AdoUNRESTRICTED | Northbrook, IL | $10K | 2024 |
| Child Safe MichiganUNRESTIRCTED | Farmington Hills, MI | $5K | 2024 |
| Jewish Senior LifeUNRESTRICTED | W Bloomfield, MI | $5K | 2024 |
| The Friendship CircleUNRESTRICTED | W Bloomfield, MI | $5K | 2024 |
| Yeshiva Beth YehudahUNRESTRICTED | Southfield, MI | $5K | 2024 |
| JarcUNRESTRICTED | Bloomfield Hills, MI | $5K | 2024 |
| Adat Shalom SynagogueUNRESTRICTED | Farmington Hills, MI | $4K | 2024 |
| Shaarey ZadekUNRESTRICTED | Southfield, MI | $4K | 2024 |
| Spill The Honey FoundationUNRESTRICTED | Southfield, MI | $3K | 2024 |
| Hillel Day SchoolUNRESTRICTED | Farmington Hills, MI | $2K | 2024 |
| Frankel Jewish AcademyUNRESTRICTED | West Bloomfield, MI | $2K | 2024 |
| Farber Hebrew Day SchoolUNRESTRICTED | Southfield, MI | $2K | 2024 |
| Beaumont Health FoundationUNRESTRICTED | Southfield, MI | $100K | 2023 |
| American Friends Of YahadUNRESTRICTED | New York, NY | $10K | 2023 |
| Oakland UniversityEXCURSION TO AUSCHWITZ PROG | Rochester, MI | $10K | 2023 |
| Aish DetroitUNRESTRICTED | Oak Park, MI | $4K | 2023 |
| Cabaret 313UNRESTRICTED | Southfield, MI | $3K | 2023 |
| Young Israel Of Oak ParkUNRESTRICTED | Oak Park, MI | $3K | 2023 |
| Univ Of Michigan Health SystemPROFESSORSHIP FUND | Ann Arbor, MI | $290K | 2022 |
| Usc Shoah FoundationUNRESTRICTED | Los Angeles, CA | $233K | 2022 |