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Karp Foundation Inc. is a private corporation based in SANTA FE, NM. The foundation received its IRS ruling in 2019. It holds total assets of $344. Annual income is reported at $40K. Total assets have decreased from $15K in 2019 to $469 in 2023. 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 2018 to 2023. Grantmaking is concentrated in New Mexico. According to available records, Karp Foundation Inc. has made 7 grants totaling $69K, with a median grant of $12K. The foundation has distributed between $10K and $24K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $24K distributed across 2 grants. Individual grants have ranged from N/A to $20K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$3K
Average Grant
$8K
Largest Grant
$20K
Based on 3 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 Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NM.
Karp Foundation Inc. has distributed a total of $69K across 7 grants. The median grant size is $12K, with an average of $10K. Individual grants have ranged from N/A to $20K.
Karp Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Karp Foundation Inc. is headquartered in SANTA FE, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brad C Karp | PRESIDENT | $0 | $0 | N/A |
| Belinda Karp | SECRETARY/TREASURER | $0 | $0 | N/A |
| Melissa Butts Goertz | DIRECTOR | $0 | $0 | N/A |
Total Giving
$14K
Total Assets
$469
Fair Market Value
$2K
Net Worth
$469
Grants Paid
$10K
Contributions
$14K
Net Investment Income
N/A
Distribution Amount
N/A
Total: $223
Total Grants
7
Total Giving
$69K
Average Grant
$10K
Median Grant
$12K
Unique Recipients
3
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cancer Foundation For New MexicoUNRESTRICTED SUPPORT | Santa Fe, NM | $10K | 2023 |
| Cooking With KidsUNRESTRICTED SUPPORT | Santa Fe, NM | $12K | 2022 |
| Espanola Humane ShelterUNRESTRICTED SUPPORT | Espanola, NM | N/A | 2021 |
SANTA FE, NM
SANTA FE, NM
SANTA FE, NM