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Karuna Foundation is a private corporation based in PORTLAND, OR. The foundation received its IRS ruling in 2011. The principal officer is Eric Lemelson. It holds total assets of $18.6M. Annual income is reported at $6.5M. Total assets have grown from $5M in 2011 to $18.6M in 2024. The foundation is governed by 10 officers and trustees. Charitable costs incurred in the building of a law school library. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in District of Columbia and Oregon. According to available records, Karuna Foundation has made 38 grants totaling $2.8M, with a median grant of $31K. Annual giving has grown from $336K in 2020 to $830K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 18 grants. Individual grants have ranged from $3K to $328K, with an average award of $73K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Vermont, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$40K
Average Grant
$67K
Largest Grant
$225K
Based on 5 grants from the most recent 990-PF filing.
Charitable costs incurred in the building of a law school library.
Expenses: $177K
Charitable costs incurred in the building of a law school library. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in DC, NY, VT.
Karuna Foundation has distributed a total of $2.8M across 38 grants. The median grant size is $31K, with an average of $73K. Individual grants have ranged from $3K to $328K.
Karuna Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karuna Foundation is headquartered in PORTLAND, OR. While based in OR, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lindsay Skog | EXECUTIVE DIRECTOR | $140K | $17K | $157K |
| Amy Wong | DIRECTOR | $0 | $0 | N/A |
| Holly Pruett | DIRECTOR | $0 | $0 | N/A |
| Julia Novy | DIRECTOR | $0 | $0 | N/A |
| Patrick Maloney | DIRECTOR | $0 | $0 | N/A |
| Brad Harrison | DIRECTOR | $0 | $0 | N/A |
| Lisa Danzig | DIRECTOR | $0 | $0 | N/A |
| Jennifer Bruml | DIRECTOR | $0 | $0 | N/A |
| Tom Novick | SECRETARY | $0 | $0 | N/A |
| Eric Lemelson | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$18.6M
Fair Market Value
N/A
Net Worth
$18.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
38
Total Giving
$2.8M
Average Grant
$73K
Median Grant
$31K
Unique Recipients
6
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jsw Bhutan Legal Education FoundationSUPPORT FOR CLIMATE CHANGE INSTITUTE AT JSW SCHOOL OF LAW | New York, NY | $250K | 2023 |
| Bhutan FoundationLEGAL EDUCATION | Washington, DC | $328K | 2023 |
| International Cryosphere Climate InitiativeGENERAL OPERATING SUPPORT | Pawlet, VT | $5K | 2023 |
| Un FoundationAFGHANISTAN HUMANITARIAN FUND | Washington, DC | $10K | 2021 |
| No One Left BehindAFGHANISTAN AID | Merrifield, VA | $10K | 2021 |
| Psu FoundationENERGY EFFICIENCY EDUCATION PARTNERSHIP | Portland, OR | $15K | 2020 |