Karen & Rick Hargrove Foundation
Preselected recipients only
Karen & Rick Hargrove Foundation is a private foundation in La Selva Beach, California. In tax year 2024 it gave $3.3 million in 4 grants; the typical grant was $727,500 and the largest $1.8 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$3.3 million
- Number of grants4
- Typical grant$727,500
- Largest grant$1.8 million
- Assets$11.5 million
- New grantees0%
Giving in 2024 was up from $1.9 million the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $1.1 million | 4 | $6.2 million |
| 2023 | $1.9 million | 4 | $6.0 million |
| 2024 | $3.3 million | 4 | $11.5 million |
How to apply
Karen & Rick Hargrove Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Karen & Rick Hargrove Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 4 | $3.3 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Navy Postgraduate School Foundation | Education | $1.8 million |
| Stanford University -Hoover Institu | Education | $1.4 million |
| Boys Girls Clubs of Monterey | Children services | $55,000 |
| The SPCA for Monterey County | Animal protection | $50,000 |
Officers and trustees
- Richard Hargrove
- Karen Hargrove
Questions people ask
Does Karen & Rick Hargrove Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Karen & Rick Hargrove Foundation give?
$3.3 million in tax year 2024, across 4 grants, with a typical grant of $727,500.
Who runs Karen & Rick Hargrove Foundation?
Its 2024 filing lists Richard Hargrove (President) and Karen Hargrove (Treasurer).
What does Karen & Rick Hargrove Foundation fund?
Based on its grants, mainly education.