The Karma Foundation
Preselected recipients only
The Karma Foundation is a private foundation in Princeton, New Jersey. In tax year 2024 it gave $221,608 in 19 grants; the typical grant was $5,000 and the largest $72,000. 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$221,608
- Number of grants19
- Typical grant$5,000
- Largest grant$72,000
- Assets$7.4 million
- New grantees68%
Giving in 2024 was down from $269,596 the year before.
68% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $269,596 | 25 | $6.7 million |
| 2024 | $221,608 | 19 | $7.4 million |
How to apply
The Karma 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 The Karma Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 6 | $130,080 |
| New York | 10 | $74,528 |
| District of Columbia | 1 | $15,000 |
| California | 1 | $1,000 |
| Maryland | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| George Street Playhouse | General support | $72,000 |
| Children's Radiothon | General support | $32,078 |
| Bildner Center - Rutgers University | General support | $30,000 |
| Homefront | General support | $20,000 |
| Moment Magazine | General support | $15,000 |
| Matan | General support | $10,500 |
| Entertainment Community Fund | General support | $6,250 |
| Atlantic Theater Company | General support | $6,000 |
| The Public Theatre | General support | $5,500 |
| Lincoln Center Theater | General support | $5,000 |
| Rutgers Hillel | General support | $3,600 |
| Manhattan Theatre | General support | $3,200 |
| Transport Group Theatre | General support | $2,500 |
| Anshe Emeth Memorial Temple | General support | $2,300 |
| United Way - Central Jersey | General support | $2,180 |
| New York Theatre | General support | $2,000 |
| Signature Theatre Company | General support | $1,500 |
| Aida | General support | $1,000 |
| NLM | General support | $1,000 |
Officers and trustees
- Sharon Karmazin
- Dina K Elkins
- Craig Karmazin
Questions people ask
Does The Karma Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Karma Foundation give?
$221,608 in tax year 2024, across 19 grants, with a typical grant of $5,000.
Who runs The Karma Foundation?
Its 2024 filing lists Sharon Karmazin (President), Dina K Elkins (Executive Director) and Craig Karmazin (Trustee).
What does The Karma Foundation fund?
Based on its grants, mainly arts and culture.