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Kla Samaritan Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2007. The principal officer is Karen H Hollingsworth. It holds total assets of $6M. Annual income is reported at $2.4M. Total assets have grown from $4M in 2011 to $5.8M 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. Funding is distributed across 5 states, including Illinois, Nebraska, North Carolina. According to available records, Kla Samaritan Foundation Inc. has made 30 grants totaling $1M, with a median grant of $32K. Annual giving has grown from $311K in 2021 to $720K in 2022. Individual grants have ranged from $5K to $76K, with an average award of $34K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, Nebraska, Michigan, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$29K
Average Grant
$32K
Largest Grant
$66K
Based on 9 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.
Kla Samaritan Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in IL, NE, MI.
Kla Samaritan Foundation Inc. has distributed a total of $1M across 30 grants. The median grant size is $32K, with an average of $34K. Individual grants have ranged from $5K to $76K.
Kla Samaritan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Kla Samaritan Foundation Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen H Hollingsworth | DIRECTOR | $0 | $0 | N/A |
Total Giving
$369K
Total Assets
$5.8M
Fair Market Value
$6.5M
Net Worth
$5.8M
Grants Paid
$320K
Contributions
N/A
Net Investment Income
$150K
Distribution Amount
$307K
Total: $5.6M
Total Grants
30
Total Giving
$1M
Average Grant
$34K
Median Grant
$32K
Unique Recipients
10
Most Common Grant
$60K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Juvenile Protection AssociationGENERAL FUNDING | Chicago, IL | $76K | 2022 |
| Calvin UniversityGENERAL PURPOSE | Grand Rapids, MI | $60K | 2022 |
| The Hope Center IncGENERAL FUNDING | Omaha, NE | $46K | 2022 |
| AbccmGENERAL FUNDING | Asheville, NC | $41K | 2022 |
| Chicago LightsGENERAL FUNDING | Chicago, IL | $35K | 2022 |
| Open Door MissionGENERAL FUNDING | Omaha, NE | $33K | 2022 |
| Compassion InternationalGENERAL FUNDING | Colorado Springs, CO | $29K | 2022 |
| Omaha Street SchoolGENERAL FUNDING | Omaha, NE | $20K | 2022 |
| Tutoring ChicagoGENERAL FUNDING | Chicago, IL | $15K | 2022 |
| Austin Child Care Providers NetworkGENERAL FUNDING | Chicago, IL | $5K | 2022 |