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Roma M Karp Foundation Inc. is a private corporation based in RIVERHEAD, NY. The foundation received its IRS ruling in 2018. The principal officer is John J Kosinski Eefg. It holds total assets of $3.1M. Annual income is reported at $1.1M. 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. The foundation primarily funds organizations in New York, Missouri and Massachusetts. According to available records, Roma M Karp Foundation Inc. has made 64 grants totaling $1.1M, with a median grant of $10K. The foundation has distributed between $165K and $390K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $390K distributed across 12 grants. Individual grants have ranged from $500 to $60K, with an average award of $17K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Missouri, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$15K
Average Grant
$18K
Largest Grant
$35K
Based on 10 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.
Roma M Karp Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in NY, MA, MO.
Roma M Karp Foundation Inc. has distributed a total of $1.1M across 64 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $500 to $60K.
Roma M Karp Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Roma M Karp Foundation Inc. is headquartered in RIVERHEAD, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Griffin | DIRECTOR | $0 | $0 | N/A |
| Michael J Canny | EXECUTIVE DI | $0 | $0 | N/A |
| Lisa Benincassa | DIRECTOR | $0 | $0 | N/A |
Total Giving
$194K
Total Assets
$3.1M
Fair Market Value
$3.4M
Net Worth
$3.1M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$68K
Distribution Amount
$160K
Total: $467K
Total Grants
64
Total Giving
$1.1M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
19
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Suny PlattsburghEDUCATIONAL | Plattsburgh, NY | $50K | 2023 |
| Glk FoundationMEDICAL RESEARCH | Riverhead, NY | $40K | 2023 |
| Cast IncCHARITABLE | Wakefield, MA | $20K | 2023 |
| Friends Of Aine FoundationCHARITABLE | Manchester, NH | $15K | 2023 |
| Sisterhood Of St JosephRELIGIOUS | Brentwood, NY | $10K | 2023 |
| Children'S Hope AllianceCHARITABLE | Barium Springs, NC | $9K | 2023 |
| Logan Chiropractic InstMEDICAL RESEARCH | Chesterfield, MO | $5K | 2023 |
| Double H RanchANIMAL SERVICES | Kansas City, MO | $4K | 2023 |
| Holy Trinity Rc ChurchRELIGIOUS | East Hampton, NY | $4K | 2023 |
| Moriches Paquatuck Squaws IncYOUTH SERVICES | Center Moriches, NY | $3K | 2023 |
| Community Connections IncMEDICAL | Washington, DC | $2K | 2023 |
| St Andrew Catholic ChurchRELIGION | Sag Harbor, NY | $2K | 2023 |
| Sleep In Heavenly PeaceCHARITABLE | Southold, NY | $500 | 2023 |
| The Butterfly Effect ProjectCHARITABLE | Riverhead, NY | $500 | 2023 |
| Double W RanchANIMAL SERVICES | Kansas City, MO | $10K | 2022 |
| Heart Of The HamptonsCHARITABLE | Southampton, NY | $3K | 2022 |
| North Fork Parish Outreach IncCHARITABLE | Greenport, NY | $3K | 2022 |
| Center For Discovery IncEDUCATION | Harris, NY | $30K | 2021 |