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Also known as: CHARITABLE FOUNDATION TRUST
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The Steven E And Michelle Karol Charitable Foundation Trust is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 1995. The principal officer is Hmk Enterprises Inc.. It holds total assets of $74K. Annual income is reported at $8K. Total assets have grown from $17K in 2011 to $120K 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 2017 to 2023. The foundation primarily funds organizations in Massachusetts, South Carolina and New York. According to available records, The Steven E And Michelle Karol Charitable Foundation Trust has made 82 grants totaling $339K, with a median grant of $500. Annual giving has grown from $62K in 2020 to $277K in 2022. Individual grants have ranged from $100 to $100K, with an average award of $4K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Massachusetts, Vermont, South Carolina, which account for 76% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$275
Average Grant
$2K
Largest Grant
$25K
Based on 28 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 Steven E And Michelle Karol Charitable Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in MA, VT, SC.
The Steven E And Michelle Karol Charitable Foundation Trust has distributed a total of $339K across 82 grants. The median grant size is $500, with an average of $4K. Individual grants have ranged from $100 to $100K.
The Steven E And Michelle Karol Charitable Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
The Steven E And Michelle Karol Charitable Foundation Trust is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven E Karol | TRUSTEE | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$120K
Fair Market Value
$120K
Net Worth
$120K
Grants Paid
$45K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$8K
Total Grants
82
Total Giving
$339K
Average Grant
$4K
Median Grant
$500
Unique Recipients
41
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vermont AcademyCONTRIBUTION | Saxtons River, VT | $5K | 2022 |
| Huntington Theatre CoFULFILLMENT OF PLEDGE | Boston, MA | $100K | 2022 |
| TuftsCONTRIBUTION | Medford, MA | $10K | 2022 |
| Spring Island Trust FoundationGENERAL SUPPORT | Oaktie, SC | $5K | 2022 |
| International Medical CorpsDONATION TO UKRAINE EFFORTS | Los Angeles, CA | $5K | 2022 |
| Tenacity IncCONTRIBUTION | Boston, MA | $3K | 2022 |
| Noah'S Ark RescueCONTRIBUTION | Ridgeland, SC | $1K | 2022 |
| National Brain Tumor SocietyCONTRIBUTION | Newton, MA | $1K | 2022 |
| Beaufort Memorial Hospital FoundationCONTRIBUTION | Beaufort, SC | $1K | 2022 |
| MdiUKRAINE RELIEF | Nashville, TN | $1K | 2022 |
| Wgbh Educational FoundationCONTRIBUTION | Boston, MA | $500 | 2022 |
| Beacon Hill Circle For CharityGENERAL SUPPORT | Boston, MA | $500 | 2022 |
| Boston BalletBENEFACTOR MEMBERSHIP | Boston, MA | $500 | 2022 |
| Chimney Becket Corners YmcaCONTRIBUTION | Becket, MA | $500 | 2022 |
| Cystic Fibrosis FoundationCONTRIBUTION | Natick, MA | $500 | 2022 |
| Marshview Community Organic FarmCONTRIBUTION | St Helena Island, SC | $500 | 2022 |
| National Audubon SocietyCONTRIBUTION | New York, NY | $500 | 2022 |
| Planned Parenthood Of South CarolinaCONTRIBUTION | Charleston, SC | $500 | 2022 |
| South Carolina EtvCONTRIBUTION | Columbia, SC | $500 | 2022 |
| The Nature ConservatoryCONTRIBUTION | Arlington, VA | $500 | 2022 |
| Hopeful HorizonsCONTRIBUTION | Beaufort, SC | $500 | 2022 |
| The Royal Oak FoundationCONTRIBUTION | New York, NY | $250 | 2022 |
| Great Dog RescueCONTRIBUTION | Andover, MA | $250 | 2022 |
| National Disaster Search Dog FoundationCONTRIBUTION | Santa Paula, CA | $250 | 2022 |
| Museum Of Fine ArtsCONTRIBUTION | Boston, MA | $250 | 2022 |
| March Of DimesCONTRIBUTION | White Plains, NY | $250 | 2022 |
| JumpstartCONTRIBUTION | Boston, MA | $250 | 2022 |