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Karuna Foundation is a private corporation based in SEDONA, AZ. The foundation received its IRS ruling in 2005. The principal officer is Anne Cowett. It holds total assets of $2M. Annual income is reported at $910K. Total assets have grown from $1.4M in 2011 to $2.1M in 2023. The foundation is governed by 1 officer or trustee. 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 2020 to 2023. The foundation primarily funds organizations in Arizona and New York. According to available records, Karuna Foundation has made 33 grants totaling $268K, with a median grant of $5K. Annual giving has decreased from $150K in 2022 to $118K in 2023. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in Arizona, Minnesota, New York, which account for 73% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
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.
Karuna Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in AZ, MN, NY.
Karuna Foundation has distributed a total of $268K across 33 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Karuna Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karuna Foundation is headquartered in SEDONA, AZ. While based in AZ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne Cowett | SOLE DIRECTOR,PRES.,TREAS. | $0 | $0 | N/A |
Total Giving
$165K
Total Assets
$2.1M
Fair Market Value
$3.1M
Net Worth
$2.1M
Grants Paid
$118K
Contributions
N/A
Net Investment Income
$7K
Distribution Amount
$141K
Total: $1.1M
Total Grants
33
Total Giving
$268K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Center For Victims Of TortureHEALTH | St Paul, MN | $25K | 2023 |
| Amnesty International UsaCHARITY | New York, NY | $15K | 2023 |
| Centurion MinistriesCHARITY | Princeton, NJ | $14K | 2023 |
| Aclu Foundation Of ArizonaCHARITY | Phoenix, AZ | $13K | 2023 |
| Ashoka Innovators For The PublicCHARITY | Arlington, VA | $12K | 2023 |
| Arizona Equal Justice FoundationCHARITY | Phoenix, AZ | $10K | 2023 |
| St Mary'S Food Bank AllianceCHARITY | Phoenix, AZ | $8K | 2023 |
| Vitamin AngelsHEALTH | Santa Barbara, CA | $5K | 2023 |
| ProbarHEALTH | Harlingen, TX | $4K | 2023 |
| Manzanita OutreachCHARITY | Cottonwood, AZ | $2K | 2023 |
| Fisher Center For Alzheimer'S ResearchHEALTH | New York, NY | $2K | 2023 |
| Keep Sedona BeautifulENVIRONMENT | Sedona, AZ | $2K | 2023 |
| Sedona RecyclesENVIRONMENT | Sedona, AZ | $2K | 2023 |
| AclpiCHARITY | Phoenix, AZ | $2K | 2023 |
| Friends Of The Forest IncENVIRONMENT | Sedona, AZ | $1K | 2023 |
| Sedona Public LibraryEDUCATION | Sedona, AZ | $1K | 2023 |
| Homes For Our TroopsCHARITY | Taunton, MA | $1K | 2022 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ