Karisma Foundation
Preselected recipients only
Karisma Foundation is a private foundation in Los Angeles, California. In tax year 2024 it gave $397,500 in 15 grants; the typical grant was $25,000 and the largest $50,000. 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$397,500
- Number of grants15
- Typical grant$25,000
- Largest grant$50,000
- Assets$10.8 million
- New grantees33%
Giving in 2024 was up from $384,000 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $467,500 | 14 | $9.0 million |
| 2023 | $384,000 | 15 | $9.7 million |
| 2024 | $397,500 | 15 | $10.8 million |
How to apply
Karisma 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.
Foundation website IRS filings on ProPublica
What Karisma Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 9 | $310,000 |
| Massachusetts | 1 | $50,000 |
| District of Columbia | 2 | $15,000 |
| Nevada | 1 | $10,000 |
| Texas | 1 | $10,000 |
| Connecticut | 1 | $2,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| PEACE4KIDS | To support established charity | $50,000 |
| The Painted Turtle | To support established charity | $50,000 |
| 826LA | To support established charity | $50,000 |
| Perkins School for the Blind | To support established charities | $50,000 |
| Youth Emerging Stronger | To support established charities | $50,000 |
| Hope the Mission | To support established charities | $50,000 |
| Facing History and Ourselves | To suppot established charities | $25,000 |
| Regents of University of California | To support established charities | $25,000 |
| First Liberty Institute | To support established chraties | $10,000 |
| The Children's Cabinet | To support established charities | $10,000 |
| Citizens United Foundation | To support established charities | $10,000 |
| National Foster Youth Institute | To support established charities | $5,000 |
| Scga Junior Golf Association | To support established charities | $5,000 |
| Project Angel Food | To support established charities | $5,000 |
| Education and Hope | To support established charity | $2,500 |
Officers and trustees
- John C Bedrosian
- Ted Coyne
- Karen Bedrosian Coyne
Questions people ask
Does Karisma Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Karisma Foundation give?
$397,500 in tax year 2024, across 15 grants, with a typical grant of $25,000.
Who runs Karisma Foundation?
Its 2024 filing lists John C Bedrosian (Director/Pr), Ted Coyne (Director/Sec) and Karen Bedrosian Coyne (Cfo).
What does Karisma Foundation fund?
Based on its grants, mainly education and youth programs.