Karen Katen Foundation
- Assets
- $1.6m
- Revenue
- -$20.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Westport, CT
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-7103490
Organization Overview
Karen Katen Foundation is located in Westport, CT. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karen Katen Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Karen Katen Foundation has awarded 288 individual grants totaling $3,209,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen L Katen Trustee | 0.5 | $0 | |
Donna Katen-Bahensky Trustee | 0.5 | $0 | |
Elwood B Davis Trustee | 0.5 | $0 | |
Robert E Williams Jr Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $105,224 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$125,667 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$20,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,148 |
| Contributions, gifts, grants paid | $584,050 |
| Total expenses and disbursements | $599,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,892 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $701,768 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,607,272 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karen Katen Foundation has awarded $578,050 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS ASSN PURPOSE: UNRESTRICTED GRANT | $5,000 |
ASPCA PURPOSE: UNRESTRICTEDGRANT | $1,000 |
ESSEX LIBRARY ASSN PURPOSE: UNRESTRICTEDGRANT | $250 |
THE LEARNING ALLIANCE PURPOSE: UNRESTRICTEDGRANT | $1,000 |
CCIRF(INDIAN RIVER HOSPITAL) PURPOSE: UNRESTRICTEDGRANT | $63,200 |
TREASURE COAST MANATEE FDTN PURPOSE: UNRESTRICTEDGRANT | $300 |