Karpe Foundation is located in Bakersfield, CA. The organization was established in 1968. 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. Karpe 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 09/2020, Karpe Foundation generated $1.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $5.0k during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert W Karpe President | 0 | $0 | |
Tom Teagarden Vice President | 0 | $0 | |
Craig Lindsay Sec. & Treas | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,590 |
| Contributions, gifts, grants paid | $3,453 |
| Total expenses and disbursements | $5,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Over the last fiscal year, Karpe Foundation has awarded $3,453 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT FRANCIS SCHOOL PURPOSE: PROGRAM ASSISTANCE | $2,500 |
THE MISSION AT KERN COUNTY PURPOSE: PROGRAM ASSISTANCE | $953 |