Elia & Fannie Karas Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Elia & Fannie Karas Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 04-6074427

Foundation Overview

Based in South Boston, MA, Elia & Fannie Karas Foundation Inc has awarded 86 grants totaling $1,361,323 to organizations in Massachusetts, Maine and 5 other states across the US. Individual grants range from $500 to $179,498, with a median award of $5,000.

Latest Tax Year
2024
Total Giving (all years)
$1,361,323
Total Assets
$773,826
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
14
Median Grant
$3,750
% Median Grant Decline
-12% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: 14%

2 of 14 recipients (14%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Massachusetts

69% of grants are awarded in Massachusetts, with additional funding distributed across 6 other locations. The foundation balances regional focus with broader geographic diversity. Within Massachusetts, funding concentrates in Boston (51%), Swampscott (14%), Waltham (8%).

Funding Trajectory
-43%

Declining funding trend with 43% decrease over 4 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Elia & Fannie Karas Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Brigham & Womens Hospital $2,500 Boston, MA, US Charitable Contribution 2024
Crohn & Colitis Foundation $105,000 New York, NY, US Charitable Contribution 2024
Friends Of The Children $20,000 Boston, MA, US Charitable Contribution 2024
Friends Of The High Line $2,000 New York, NY, US Charitable Contribution 2024
Italian Heritage Month Committee Of Massachusetts $5,000 Boston, MA, US Charitable Contribution 2024
Jcc Of The North Shore $1,825 Marblehead, MA, US Charitable Contribution 2024
Kellie Kennedy Golf Classic $5,000 East Haven, CT, US Charitable Contribution 2024
Marr Charitable Foundation $1,000 South Boston, MA, US Charitable Contribution 2024
Ogunquit Playhouse Foundation $5,000 Ogunquit, ME, US Charitable Contribution 2024
Purpura Family Foundation $2,000 Marlborough, MA, US Charitable Contribution 2024
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2024
Shirat Hayam $15,500 Swampscott, MA, US Charitable Contribution 2024
Temple Israel Of Sharon $2,400 Sharon, MA, US Charitable Contribution 2024
World Central Kitchen $1,000 Washington, DC, US Charitable Contribution 2024
Boston Latin School Association $179,498 Boston, MA, US Charitable Contribution 2023
Brigham & Womens Hospital $5,000 Boston, MA, US Charitable Contribution 2023
Crohn & Colitis Foundation $50,000 New York, NY, US Charitable Contribution 2023
First Generation Investors $1,000 New York, NY, US Charitable Contribution 2023
Friends Of The Children $20,000 Boston, MA, US Charitable Contribution 2023
Hale Education $1,250 Westwood, MA, US Charitable Contribution 2023
Jcc Of The North Shore $1,500 Marblehead, MA, US Charitable Contribution 2023
Kellie Kennedy Golf Classic $3,500 East Haven, CT, US Charitable Contribution 2023
Ogunquit Playhouse Foundation $5,000 Ogunquit, ME, US Charitable Contribution 2023
Purpura Family Foundation $3,000 Marlborough, MA, US Charitable Contribution 2023
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2023
Shirat Hayam $10,000 Swampscott, MA, US Charitable Contribution 2023
Temple Israel Of Sharon $2,200 Sharon, MA, US Charitable Contribution 2023
The Pink Agenda $500 New York, NY, US Charitable Contribution 2023
The Simpson Cup $500 Orlando, FL, US Charitable Contribution 2023
Tides Foundation $5,000 San Francisco, CA, US Charitable Contribution 2023
Crohn & Colitis Foundation $55,000 New York, NY, US Charitable Contribution 2022
Dana Farber $10,000 Boston, MA, US Charitable Contribution 2022
Friends Of Children $25,000 Boston, MA, US Charitable Contribution 2022
Friends Of The High Line $1,500 New York, NY, US Charitable Contribution 2022
Jcc Of The North Shore $2,500 Marblehead, MA, US Charitable Contribution 2022
Jewish Big Brother Big Sister $1,000 Waltham, MA, US Charitable Contribution 2022
Kellie Kennedy Golf Classic $2,500 East Haven, CT, US Charitable Contribution 2022
Lappin Foundation $5,000 Beverly, MA, US Charitable Contribution 2022
Ogunquit Playhouse Foundation $5,000 Ogunquit, ME, US Charitable Contribution 2022
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2022
Shirat Hayam $10,725 Swampscott, MA, US Charitable Contribution 2022
The Miryam Institute $5,000 Great Neck, NY, US Charitable Contribution 2022
Crohn & Colitis Foundation $55,000 New York, NY, US Charitable Contribution 2022
Dana Farber $10,000 Boston, MA, US Charitable Contribution 2022
Friends Of Children $25,000 Boston, MA, US Charitable Contribution 2022
Friends Of The High Line $1,500 New York, NY, US Charitable Contribution 2022
Jcc Of The North Shore $2,500 Marblehead, MA, US Charitable Contribution 2022
Jewish Big Brother Big Sister $1,000 Waltham, MA, US Charitable Contribution 2022
Kellie Kennedy Golf Classic $2,500 East Haven, CT, US Charitable Contribution 2022
Lappin Foundation $5,000 Beverly, MA, US Charitable Contribution 2022
Ogunquit Playhouse Foundation $5,000 Ogunquit, ME, US Charitable Contribution 2022
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2022
Shirat Hayam $10,725 Swampscott, MA, US Charitable Contribution 2022
The Miryam Institute $5,000 Great Neck, NY, US Charitable Contribution 2022
Beth Israel $50,000 Boston, MA, US Charitable Contribution 2021
Friends Of Children $21,900 Boston, MA, US Charitable Contribution 2021
Hebrew Senior Life $10,000 Boston, MA, US Charitable Contribution 2021
Jewish Big Brother Big Sister $1,200 Waltham, MA, US Charitable Contribution 2021
Marr Charitable Foundation $1,000 South Boston, MA, US Charitable Contribution 2021
Ogunquit Playhouse Foundation $7,000 Ogunquit, ME, US Charitable Contribution 2021
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2021
Shirat Hayam $1,800 Swampscott, MA, US Charitable Contribution 2021
Beth Israel $50,000 Boston, MA, US Charitable Contribution 2021
Friends Of Children $21,900 Boston, MA, US Charitable Contribution 2021
Hebrew Senior Life $10,000 Boston, MA, US Charitable Contribution 2021
Jewish Big Brother Big Sister $1,200 Waltham, MA, US Charitable Contribution 2021
Marr Charitable Foundation $1,000 South Boston, MA, US Charitable Contribution 2021
Ogunquit Playhouse Foundation $7,000 Ogunquit, ME, US Charitable Contribution 2021
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2021
Shirat Hayam $1,800 Swampscott, MA, US Charitable Contribution 2021
Beth Israel $50,000 Boston, MA, US Charitable Contribution 2021
Friends Of Children $21,900 Boston, MA, US Charitable Contribution 2021
Hebrew Senior Life $10,000 Boston, MA, US Charitable Contribution 2021
Jewish Big Brother Big Sister $1,200 Waltham, MA, US Charitable Contribution 2021
Marr Charitable Foundation $1,000 South Boston, MA, US Charitable Contribution 2021
Ogunquit Playhouse Foundation $7,000 Ogunquit, ME, US Charitable Contribution 2021
Rose Fitzgerald Kennedy Greenway Conservancy $10,000 Boston, MA, US Charitable Contribution 2021
Shirat Hayam $1,800 Swampscott, MA, US Charitable Contribution 2021
Combined Jewish Philanthropies $20,000 Boston, MA, US Charitable Contribution 2020
Congregation Mishkan Tefila $120,000 Brookline, MA, US Charitable Contribution 2020
Congregation Shirat Hayam $20,000 Swampscott, MA, US Charitable Contribution 2020
Crohn's & Colitits Foundation Of America (ccfa) $110,000 New York, NY, US Charitable Contribution 2020
Dana Farber Cancer Institute $10,000 Boston, MA, US Charitable Contribution 2020
Friends Of Children $20,000 Boston, MA, US Charitable Contribution 2020
Ogunquit Playhouse Foundation $5,000 Ogunquit, ME, US Charitable Contribution 2020
Rose Fitzgerald Kennedy Greenway Conservancy $5,000 Boston, MA, US Charitable Contribution 2020

Foundations Similar to Elia & Fannie Karas Foundation Inc

Discover 5 foundations with comparable assets ($770,516-$782,444), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 22-2586241 | 34 grants awarded
$775,124
(≈ Similar)
$10,000
median grant
Beverly, MA
Same state
100%
Excellent match

EIN: 22-2775612 | 93 grants awarded
$777,024
(≈ Similar)
$5,000
median grant
Beverly, MA
Same state
100%
Excellent match

EIN: 82-1413724 | 321 grants awarded
$770,516
(≈ Similar)
$6,500
median grant
Attleboro, MA
Same state
100%
Excellent match

EIN: 58-1473538 | 49 grants awarded
$777,785
(≈ Similar)
$5,000
median grant
Boston, MA
Same state
100%
Excellent match

EIN: 23-7416882 | 51 grants awarded
$782,444
(≈ Similar)
$6,500
median grant
Walpole, MA
Same state
99%
Excellent match

Contact Information

Official contact details for Elia & Fannie Karas Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 04-6074427
Website N/A
Address 455 DORCHESTER AVE South Boston, MA 02127-2707

Key People (1)

Board members, trustees, and key staff who oversee Elia & Fannie Karas Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President, Treasurer Joseph Karas

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Elia & Fannie Karas Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.