The Karol Fund | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Karol Fund. Data shown is extracted from Form 990-PF filings.

EIN: 20-0350673

Foundation Overview

Based in Fox Point, WI, The Karol Fund has awarded 93 grants totaling $1,605,500 to organizations in Wisconsin and Pennsylvania. Individual grants range from $2,500 to $60,000, with a median award of $10,000.

Latest Tax Year
2023
Total Giving (all years)
$1,605,500
Total Assets
$116,943
Median Grant (all grants)
$10,000

Latest Form 990-PF Snapshot

Total Grants
26
Median Grant
$20,000
% Median Grant Growth
+100% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 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: 8%

2 of 26 recipients (8%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Wisconsin

95% of all grants are concentrated in Wisconsin, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Wisconsin, funding concentrates in Milwaukee (78%), St Francis (13%), Whitefish Bay (6%).

Funding Trajectory
+38%

Moderate 38% growth trend over 3 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.

Program Areas
Community Projects

Highly focused on community projects 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 The Karol Fund'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
Archdiocese Of Milwaukee - 2024 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2023
Archdiocese Of Milwaukee - Love One Another Capital Campaign $30,000 Milwaukee, WI, US Annual Support 2023
Archdiocese Of Milwaukee - Stewardship Appeal $40,000 Milwaukee, WI, US Annual Support 2023
Divine Savior Holy Angels - Forward In Faith Capital Campaign $20,000 Milwaukee, WI, US Annual Support 2023
Milwaukee Rescue Mission $2,500 Milwaukee, WI, US Annual Support 2023
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2023
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $50,000 St Francis, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $27,500 St Francis, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $35,000 St Francis, WI, US Annual Support 2023
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2023
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2023
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2023
Archdiocese Of Milwaukee - 2024 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2023
Archdiocese Of Milwaukee - Love One Another Capital Campaign $30,000 Milwaukee, WI, US Annual Support 2023
Archdiocese Of Milwaukee - Stewardship Appeal $40,000 Milwaukee, WI, US Annual Support 2023
Divine Savior Holy Angels - Forward In Faith Capital Campaign $20,000 Milwaukee, WI, US Annual Support 2023
Milwaukee Rescue Mission $2,500 Milwaukee, WI, US Annual Support 2023
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2023
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $50,000 St Francis, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $27,500 St Francis, WI, US Annual Support 2023
St Francis De Sales Seminary - Annual Appeal $35,000 St Francis, WI, US Annual Support 2023
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2023
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2023
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2023
Ahava Productions $10,000 Oconomowoc, WI, US Annual Support 2022
Archdiocese Of Milwaukee - 2022 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - 2023 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - Love One Another Capital Campaign $30,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - Stewardship Appeal $40,000 Milwaukee, WI, US Annual Support 2022
Divine Savior Holy Angels - Forward In Faith Capital Campaign $20,000 Milwaukee, WI, US Annual Support 2022
Dominican High School $5,000 Whitefish Bay, WI, US Annual Support 2022
Greensburg Central Catholic School $5,000 Greensburg, PA, US Annual Support 2022
Milwaukee Rescue Mission $2,500 Milwaukee, WI, US Annual Support 2022
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2022
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2022
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2022
St Francis De Sales Seminary - Annual Appeal $50,000 Milwaukee, WI, US Annual Support 2022
St Francis De Sales Seminary - Fr Luke Strand Installation $25,000 St Francis, WI, US Annual Support 2022
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2022
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2022
Ahava Productions $10,000 Oconomowoc, WI, US Annual Support 2022
Archdiocese Of Milwaukee - 2022 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - 2023 Catholic Schools Dinner $10,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - Love One Another Capital Campaign $30,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee - Stewardship Appeal $40,000 Milwaukee, WI, US Annual Support 2022
Divine Savior Holy Angels - Forward In Faith Capital Campaign $20,000 Milwaukee, WI, US Annual Support 2022
Dominican High School $5,000 Whitefish Bay, WI, US Annual Support 2022
Greensburg Central Catholic School $5,000 Greensburg, PA, US Annual Support 2022
Milwaukee Rescue Mission $2,500 Milwaukee, WI, US Annual Support 2022
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2022
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2022
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2022
St Francis De Sales Seminary - Annual Appeal $50,000 Milwaukee, WI, US Annual Support 2022
St Francis De Sales Seminary - Fr Luke Strand Installation $25,000 St Francis, WI, US Annual Support 2022
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2022
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2022
Archdiocese Of Milwaukee $40,000 Milwaukee, WI, US Annual Support 2021
Greensburg Central Catholic School $5,000 Greensburg, PA, US Annual Support 2021
Milwaukee Rescue Mission $2,500 Milwaukee, WI, US Annual Support 2021
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2021
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2021
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2021
St Francis Seminary $50,000 St Francis, WI, US Annual Support 2021
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2021
St Monica Congregation $13,000 Whitefish Bay, WI, US Annual Support 2021
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2021
St Francis Of Assisi - Capital Campaign $25,000 Milwaukee, WI, US Annual Support 2021
Valley Of Our Lady Monastery $25,000 Prairie Du Sac, WI, US Annual Support 2021
Archdiocese Of Milwaukee - Love One Another Capital Campaign $30,000 Milwaukee, WI, US Annual Support 2021
Archdiocese Of Milwaukee $40,000 Milwaukee, WI, US Annual Support 2020
Greensburg Central Catholic School $5,000 Greensburg, PA, US Annual Support 2020
Milwaukee Public Library Foundation $25,000 Milwaukee, WI, US Annual Support 2020
Milwaukee Rescue Mission $5,000 Milwaukee, WI, US Annual Support 2020
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2020
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2020
St Francis Seminary $60,000 St Francis, WI, US Annual Support 2020
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2020
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2020
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2020
St Monica Congregation $10,000 Whitefish Bay, WI, US Annual Support 2020
Archdiocese Of Milwaukee $40,000 Milwaukee, WI, US Annual Support 2020
Greensburg Central Catholic School $5,000 Greensburg, PA, US Annual Support 2020
Milwaukee Public Library Foundation $25,000 Milwaukee, WI, US Annual Support 2020
Milwaukee Rescue Mission $5,000 Milwaukee, WI, US Annual Support 2020
Seton Catholic Schools $25,000 Milwaukee, WI, US Annual Support 2020
St Francis Of Assisi Parish $2,500 Milwaukee, WI, US Annual Support 2020
St Francis Seminary $60,000 St Francis, WI, US Annual Support 2020
St Josephat Basilica Foundation $5,000 Milwaukee, WI, US Annual Support 2020
Women's Support Center Of Milwaukee $5,000 Milwaukee, WI, US Annual Support 2020
St Anthony School $2,500 Milwaukee, WI, US Annual Support 2020
St Monica Congregation $10,000 Whitefish Bay, WI, US Annual Support 2020

Foundations Similar to The Karol Fund

Discover 5 foundations with comparable assets ($112,646-$116,367), similar grant patterns, and geographic focus in WI 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: 39-1262931 | 19 grants awarded
$116,367
(≈ Similar)
$12,236
median grant
Platteville, WI
Same state
100%
Excellent match

EIN: 39-1869630 | 3 grants awarded
$115,091
(≈ Similar)
$15,000
median grant
Madison, WI
Same state
99%
Excellent match

EIN: 39-1794887 | 3 grants awarded
$114,714
(≈ Similar)
$13,178
median grant
La Crosse, WI
Same state
99%
Excellent match

EIN: 39-6166300 | 6 grants awarded
$112,744
(≈ Similar)
$7,145
median grant
Sun Prairie, WI
Same state
98%
Excellent match

EIN: 20-8071946 | 3 grants awarded
$112,646
(≈ Similar)
$17,000
median grant
Milwaukee, WI
Same state
98%
Excellent match

Contact Information

Official contact details for The Karol Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 20-0350673
Website N/A
Address 7038 N BEACH DR Fox Point, WI 53217-3657

Key People (2)

Board members, trustees, and key staff who oversee The Karol Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Edward P Mooney Jr
Trustee Bridie Ann Mooney

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 Karol Fund 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 February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.