Karsan Family Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Karsan Family Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 46-2163447
Foundation Overview
Based in Philadelphia, PA, Karsan Family Foundation has awarded 13 grants totaling $2,537,249 to organizations in District of Columbia, Missouri and 2 other states across the US. Individual grants range from $1,000 to $2,260,580, with a median award of $15,000.
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
3 of 4 recipients (75%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.
Geographic Focus
69% of grants are awarded in Pennsylvania, with additional funding distributed across 3 other locations. The foundation balances regional focus with broader geographic diversity. Within Pennsylvania, funding concentrates in Philadelphia (100%).
Funding Trajectory
Strong 160% 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
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?
Grants & Funding
Analyzing past grantees provides valuable insights into Karsan Family 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 |
|---|---|---|---|---|
| The Welcoming Center | $25,000 | Philadelphia, PA, US | General Purpose | 2023 |
| Friends Of The Rail Park | $15,000 | Philadelphia, PA, US | General Purpose | 2023 |
| Franklin Institute | $10,000 | Philadelphia, PA, US | General Purpose | 2023 |
| Institute For Humane Education | $15,000 | Surry, ME, US | General Purpose | 2023 |
| Aga Kahn Foundation Usa | $2,260,580 | Washington, DC, US | General Purpose | 2021 |
| Global Bioethics Initiative Inc | $3,000 | Jefferson City, MO, US | General Purpose | 2021 |
| The Philadelphia Foundation | $1,000 | Philadelphia, PA, US | General Purpose | 2021 |
| The Welcoming Center | $25,000 | Philadelphia, PA, US | General Purpose | 2021 |
| Germination Project | $2,500 | Philadelphia, PA, US | General Purpose | 2017 |
| Germination Project | $50,000 | Philadelphia, PA, US | General Purpose | 2017 |
| Germination Project | $10,000 | Philadelphia, PA, US | General Purpose | 2017 |
| Aga Kahn Foundation Usa | $95,169 | Washington, DC, US | General Purpose | 2017 |
| Germination Project | $25,000 | Philadelphia, PA, US | General Purpose | 2016 |
Foundations Similar to Karsan Family Foundation
Discover 5 foundations with comparable assets ($2,926,118-$2,974,677), similar grant patterns, and geographic focus in PA 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 |
|---|---|---|---|---|
|
Sullivan County Scholarship Fund
EIN: 27-7088894 | 136 grants awarded |
$2,963,258
(≈ Similar) |
$8,000
median grant |
Wellsboro, PA
Same state |
|
|
Joel And Elaine Gershman Foundation
EIN: 22-2529629 | 30 grants awarded |
$2,966,121
(≈ Similar) |
$12,500
median grant |
Jenkintown, PA
Same state |
|
|
O H Irvine 21-38104
EIN: 61-6020150 | 107 grants awarded |
$2,974,677
(≈ Similar) |
$11,171
median grant |
Pittsburgh, PA
Same state |
|
|
Sybiel B Berkman Foundation
EIN: 34-6566801 | 72 grants awarded |
$2,935,877
(≈ Similar) |
$25,000
median grant |
Pittsburgh, PA
Same state |
|
|
Ernst G Siefert Trust
EIN: 31-6443182 | 44 grants awarded |
$2,926,118
(≈ Similar) |
$13,503
median grant |
Pittsburgh, PA
Same state |
|
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Contact Information
Official contact details for Karsan Family Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 46-2163447 |
| Website | N/A |
| Address | 50 S 16TH ST UNIT 4508 Philadelphia, PA 19102-2534 |
Key People (4)
Board members, trustees, and key staff who oversee Karsan Family Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Director | David S Kovsky |
|---|---|
| President | Nooruddin S Karsan |
| Treasurer | Nyla Koncurat |
| Vice President | Shirin Karsan |
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 Karsan Family 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.