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The Karafin Family Foundation is a private trust based in LONGBOAT KEY, FL. The foundation received its IRS ruling in 2015. It holds total assets of $10.2M. Annual income is reported at $1.4M. Total assets have grown from $500K in 2014 to $8.7M in 2023. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in District of Columbia and New York. According to available records, The Karafin Family Foundation has made 22 grants totaling $1.1M, with a median grant of $18K. Annual giving has grown from $315K in 2020 to $410K in 2023. Individual grants have ranged from $500 to $165K, with an average award of $50K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Pennsylvania, which account for 73% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$125K
Average Grant
$105K
Largest Grant
$165K
Based on 3 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.
The Karafin Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in DC, NY, PA.
The Karafin Family Foundation has distributed a total of $1.1M across 22 grants. The median grant size is $18K, with an average of $50K. Individual grants have ranged from $500 to $165K.
The Karafin Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Karafin Family Foundation is headquartered in LONGBOAT KEY, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara Karafin | TRUSTEE | $0 | $0 | N/A |
| Arthur Karafin | TRUSTEE | $0 | $0 | N/A |
Total Giving
$413K
Total Assets
$8.7M
Fair Market Value
N/A
Net Worth
$8.7M
Grants Paid
$410K
Contributions
$1M
Net Investment Income
$233K
Distribution Amount
N/A
Total Grants
22
Total Giving
$1.1M
Average Grant
$50K
Median Grant
$18K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Jewish CommitteeDONATION | New York, NY | $150K | 2023 |
| American Isreal EducationDONATION | Washington, DC | $125K | 2023 |
| Foundation For Defense OfDONATION | Washington, DC | $75K | 2023 |
| Jewish Federation Of PhilaDONATION | Philadelphia, PA | $25K | 2023 |
| Jewish Federation Of SarsotaDONATION | Sarasota, FL | $10K | 2023 |
| CameraDONATION | Boston, MA | $10K | 2023 |
| Middle East ForumDONATION | Philadelphia, PA | $10K | 2023 |
| Sidney Kimmel Cancer CenterDONATION | Philadelphia, PA | $2K | 2023 |
| Temple Beth IsraelDONATION | Longboat Key, FL | $1K | 2023 |
| Freire FoundationDONATION | Philadelphia, PA | $1K | 2023 |
| Israel Tennis & EducationDONATION | Deerfield Beach, FL | $500 | 2023 |
| JchaiDONATION | Bryn Mawr, PA | $500 | 2023 |
| Ajc Global Jewish AdvocacyDONATION | New York, NY | $150K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL