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The Karuna Charitable Fund is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2019. The principal officer is Foundation Source. It holds total assets of $746K. Annual income is reported at $323K. Total assets have grown from $301K in 2019 to $610K 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. According to available records, The Karuna Charitable Fund has made 5 grants totaling $199K, with a median grant of $6K. Annual giving has grown from $19K in 2020 to $181K in 2023. Individual grants have ranged from $5K to $175K, with an average award of $40K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in District of Columbia and California. 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 Karuna Charitable Fund 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 DC, CA.
The Karuna Charitable Fund has distributed a total of $199K across 5 grants. The median grant size is $6K, with an average of $40K. Individual grants have ranged from $5K to $175K.
The Karuna Charitable Fund typically selects its grantees rather than accepting unsolicited proposals.
The Karuna Charitable Fund is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vishal Saluja | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$195K
Total Assets
$610K
Fair Market Value
$665K
Net Worth
$610K
Grants Paid
$181K
Contributions
$310K
Net Investment Income
$293K
Distribution Amount
$22K
Total: $371K
Total Grants
5
Total Giving
$199K
Average Grant
$40K
Median Grant
$6K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aga Khan Foundation UsaHumayun Tomb Site Museum - New Delhi | Washington, DC | $175K | 2023 |
| TogethersfGeneral & Unrestricted | San Francisco, CA | $6K | 2023 |
| Friends & Foundation Of The San Francisco Public LGeneral & Unrestricted | San Francisco, CA | $9K | 2020 |
| San Francisco Friends SchoolGeneral & Unrestricted | San Francisco, CA | $5K | 2020 |
| Institute On AgingGeneral & Unrestricted | San Francisco, CA | $5K | 2020 |