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Karpus Family Foundation Inc. is a private corporation based in PITTSFORD, NY. The foundation received its IRS ruling in 2015. It holds total assets of $20.5M. Annual income is reported at $9.8M. Total assets have grown from $3.3M in 2014 to $19.8M in 2023. The foundation is governed by 7 officers and trustees. Helps people and animals in need through education and work pride. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including Greater Rochester, NY, Florida, Cleveland, OH. According to available records, Karpus Family Foundation Inc. has made 157 grants totaling $4.5M, with a median grant of $25K. The foundation has distributed between $801K and $2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2M distributed across 66 grants. Individual grants have ranged from $1K to $100K, with an average award of $29K. The foundation has supported 74 unique organizations. The foundation primarily supports organizations in New York, Florida, District of Columbia, which account for 60% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$30K
Largest Grant
$100K
Based on 33 grants from the most recent 990-PF filing.
Training disabled individuals and veterans for productive work
Preventing abuse of women and children
Community violence prevention through education
Animal cruelty prevention and displaced animal care
Anti-abortion incentives and right-to-life education
Leading-edge medical research and treatment
Educational scholarships and grants
Helps people and animals in need through education and work pride. Based on available records, the foundation has funded 157 grants. Its grantmaking reaches organizations primarily in NY, FL, DC.
Karpus Family Foundation Inc. has distributed a total of $4.5M across 157 grants. The median grant size is $25K, with an average of $29K. Individual grants have ranged from $1K to $100K.
Karpus Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Emphasis on organizations with decreased reliance on government support and efficient budget allocation (preferring organizations spending most funds on mission work). An application form is available on the foundation's website.
Karpus Family Foundation Inc. is headquartered in PITTSFORD, NY. While based in NY, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rodd Riesenberger | TREASURER | $18K | $0 | $18K |
| Joan Riesenberger | DIRECTOR | $8K | $0 | $8K |
| Gerald Wenzke | DIRECTOR | $8K | $0 | $8K |
| George W Karpus | PRESIDENT, DIRECTOR | $8K | $0 | $8K |
| Paul Lipari | DIRECTOR | $0 | $0 | N/A |
| Anthony Mirrione | DIRECTOR | $0 | $0 | N/A |
| Kathleen P Karpus | VICE PRESIDENT, SECRETARY | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$19.8M
Fair Market Value
$20.1M
Net Worth
$19.8M
Grants Paid
$889K
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$957K
Total: $19.3M
Total Grants
157
Total Giving
$4.5M
Average Grant
$29K
Median Grant
$25K
Unique Recipients
74
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Semper Fi FundGENERAL PURPOSE | Oceanside, CA | $50K | 2023 |
| Neuroendocrine Tumor Research FoundationGENERAL PURPOSE | Boston, MA | $50K | 2023 |
| Daily Caller News FoundationGENERAL PURPOSE | Washington, DC | $50K | 2023 |
| Edwins Leaderships & Restaurant InstituteGENERAL PURPOSE | Cleveland, OH | $50K | 2023 |
| True The VoteGENERAL PURPOSE | Houston, TX | $50K | 2023 |
| The Potters Hands FoundationGENERAL PURPOSE | Corning, NY | $45K | 2023 |
| Prager University FoundationGENERAL PURPOSE | Sherman Oaks, CA | $40K | 2023 |
| Roberts Wesleyan CollegeGENERAL PURPOSE | Rochester, NY | $37K | 2023 |
| Judicial WatchGENERAL PURPOSE | Washington, DC | $35K | 2023 |
| Home Base FloridaGENERAL PURPOSE | Fort Myers, FL | $35K | 2023 |
| Project VeritasGENERAL PURPOSE | Mamaroneck, NY | $35K | 2023 |
| Live ActionGENERAL PURPOSE | Arlington, VA | $35K | 2023 |
| Stay In StepGENERAL PURPOSE | Temple Terrace, FL | $30K | 2023 |
| Friendship Circle Of Cleveland OhGENERAL PURPOSE | Pepper Pike, OH | $30K | 2023 |
| Challenger Miracle FieldGENERAL PURPOSE | Webster, NY | $25K | 2023 |
| EquicenterGENERAL PURPOSE | Honeoye Falls, NY | $25K | 2023 |
| Media Research CenterGENERAL PURPOSE | Reston, VA | $25K | 2023 |
| Gary Sinise FoundationGENERAL PURPOSE | Nashville, TN | $25K | 2023 |
| The Immokalee FoundationGENERAL PURPOSE | Naples, FL | $25K | 2023 |
| The Empowerment PlanGENERAL PURPOSE | Detroit, MI | $25K | 2023 |
| Selfless Love FoundationGENERAL PURPOSE | Jupiter, FL | $20K | 2023 |
| The Margaret HomeGENERAL PURPOSE | East Rochester, NY | $15K | 2023 |
| Cancer Alliance Of NaplesGENERAL PURPOSE | Bonita Springs, FL | $15K | 2023 |
| Sunlight Of Collier CountyGENERAL PURPOSE | Naples, FL | $15K | 2023 |
| Sleep In Heavenly PeaceGENERAL PURPOSE | Omaha, NE | $15K | 2023 |
| Accuracy In MediaGENERAL PURPOSE | Washington, DC | $13K | 2023 |
| Bill Of Rights InstitutionGENERAL PURPOSE | Arlington, VA | $10K | 2023 |
| Project K-9 HeroGENERAL PURPOSE | Whitwell, TN | $10K | 2023 |
| Morgan'S MessageGENERAL PURPOSE | Gainesville, VA | $10K | 2023 |
| Homeless Hounds Animal RescueGENERAL PURPOSE | Colleyville, TX | $10K | 2023 |
| Cancer Support Community At Gilda'S ClubGENERAL PURPOSE | Rochester, NY | $10K | 2023 |
| Spca Serving Erie CountyGENERAL PURPOSE | West Seneca, NY | $10K | 2023 |
| Honor Flight RochesterGENERAL PURPOSE | Rochester, NY | $7K | 2023 |
| Newfoundland Club Of America Charitable TrustGENERAL PURPOSE | Mt Horeb, WI | $5K | 2023 |
| Webster Association Of Senior Program SupportersGENERAL PURPOSE | Webster, NY | $2K | 2023 |
| Junior Achievement Of Central Upstate NyGENERAL PURPOSE | Rochester, NY | $1K | 2023 |
| Nate'S Honor Animal RescueGENERAL PURPOSE | Bradenton, FL | $100K | 2022 |
| K9s For WarriorsGENERAL PURPOSE | Ponte Vedra, FL | $50K | 2022 |
| Leadership InstituteGENERAL PURPOSE | Arlington, VA | $50K | 2022 |