Karma Foundation

Organization Overview

Karma Foundation is located in Princeton, NJ. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Karma Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Karma Foundation generated $500.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $329.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $137,789
Interest on Savings $16,847
Dividends & Interest $102,583
Net Rental Income$0
Net Gain on Sale of Assets $238,773
Capital Gain Net Income $249,209
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,144
Total Revenue $500,136

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Karma Foundation has recieved totaling $100.

Awarding OrganizationAmount
Hornthal Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$100
View Grant Recipient Profile

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