The Herbert M Karol Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Herbert M Karol Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 11-2725073
Foundation Overview
Based in Boston, MA, The Herbert M Karol Foundation has awarded 10 grants totaling $108,332 to organizations in Florida, New York and 2 other states across the US. Individual grants range from $1,000 to $25,000, with a median award of $11,667.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 total grant. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
40% of grants are awarded in Florida, with additional funding distributed across 3 other locations. The foundation balances regional focus with broader geographic diversity. Within Florida, funding concentrates in Coral Gables (100%).
Funding Trajectory
Strong 167% growth in annual giving over 7 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Diversified giving across multiple program areas with primary emphasis on healthcare (40%). This broad approach suggests openness to various causes and innovative cross-sector solutions.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Herbert M Karol Foundation'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 |
|---|---|---|---|---|
| Baptist Health Foundation | $13,334 | Coral Gables, FL, US | Miami Cancer Institute Pledge | 2023 |
| Baptist Health Foundation | $16,666 | Coral Gables, FL, US | Miami Cancer Institute Pledge | 2022 |
| Baptist Health Foundation | $16,666 | Coral Gables, FL, US | Miami Cancer Institute Pledge | 2022 |
| Baptist Health Foundation | $16,666 | Coral Gables, FL, US | Miami Cancer Institute Pledge | 2022 |
| Breast Cancer Research Foundation | $10,000 | New York, NY, US | Boston Hot Pink Party Contribution Only | 2020 |
| Huntington Theatre Company | $1,000 | Boston, MA, US | Covid Emergency Employee Relief Donation | 2020 |
| Vermont Academy | $1,000 | Saxton River, VT, US | General Support | 2017 |
| Boston Ballet | $3,000 | Boston, MA, US | General Support | 2017 |
| Mass General Hospital | $25,000 | Boston, MA, US | General Support | 2017 |
| Bear Spot Foundation | $5,000 | Concord, MA, US | General Support | 2016 |
Foundations Similar to The Herbert M Karol Foundation
Discover 5 foundations with comparable assets ($247,721-$263,400), 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 |
|---|---|---|---|---|
|
Hackett Educational Athletic Fdn
EIN: 04-6131387 | 9 grants awarded |
$260,755
(≈ Similar) |
$12,000
median grant |
Gloucester, MA
Same state |
|
|
Arcadius Emma & Robert Lemieux
EIN: 04-3143556 | 14 grants awarded |
$257,854
(≈ Similar) |
$6,983
median grant |
Wakefield, MA
Same state |
|
|
Joseph H Stone Tr Uw Trinitarian Church
EIN: 04-6024358 | 7 grants awarded |
$263,400
(≈ Similar) |
$11,357
median grant |
Boston, MA
Same state |
|
|
Dart Charitable Foundation
EIN: 38-6878652 | 14 grants awarded |
$254,463
(≈ Similar) |
$10,000
median grant |
Natick, MA
Same state |
|
|
Stella Kyriacopoulos Charitable Trust
EIN: 20-6179984 | 12 grants awarded |
$247,721
(≈ Similar) |
$18,000
median grant |
Hingham, MA
Same state |
|
Related Foundation Resources in MA:
Contact Information
Official contact details for The Herbert M Karol Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 11-2725073 |
| Website | N/A |
| Address | 321 NEWBURY ST STE 2 Boston, MA 02115-2726 |
Key People (6)
Board members, trustees, and key staff who oversee The Herbert M Karol Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Steven E Karol |
|---|---|
| Chairperson | Joan L Karol |
| Secretary | Jane M Karol |
| Director | William S Karol |
| Treasurer | Howard Cooper |
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 The Herbert M Karol Foundation 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.