//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Karmel Family Foundation Inc. is a private corporation based in MONTEBELLO, NY. The foundation received its IRS ruling in 2018. It holds total assets of $3.7M. Annual income is reported at $444K. Total assets have grown from $961K in 2019 to $3.7M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. According to available records, The Karmel Family Foundation Inc. has made 5 grants totaling $324K, with a median grant of $40K. Annual giving has decreased from $214K in 2020 to $30K in 2022. Individual grants have ranged from $10K to $214K, with an average award of $65K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New York. 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.
The Karmel Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.
The Karmel Family Foundation Inc. has distributed a total of $324K across 5 grants. The median grant size is $40K, with an average of $65K. Individual grants have ranged from $10K to $214K.
The application deadline is NO DEADLINES. No restrictions.
The Karmel Family Foundation Inc. is headquartered in MONTEBELLO, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Malka Karmel | DIRECTOR | $0 | $0 | N/A |
| Shloime Silbiger | TREASURER | $0 | $0 | N/A |
| Jacob Karmel | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$324K
Average Grant
$65K
Median Grant
$40K
Unique Recipients
4
Most Common Grant
$40K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ashar Adolph Schreiber Hebrew AcadeCHARITABLE | New City, NY | $20K | 2022 |
| Congregation Keren Ezrah IncCHARITABLE | Monsey, NY | $10K | 2022 |
| See AttachedCHARITABLE | Monsey, NY | $40K | 2021 |
| See AttachmentCHARITABLE | Monsey, NY | $214K | 2020 |