Karen's Way | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Karen's Way. Data shown is extracted from Form 990-PF filings.

EIN: 85-3807281

Foundation Overview

Based in Bay Village, OH, Karen's Way has awarded 27 grants totaling $398,719 to organizations in Ohio, District of Columbia and 3 other states across the US. Individual grants range from $402 to $250,307, with a median award of $2,500.

Latest Tax Year
2024
Total Giving (all years)
$398,719
Total Assets
$905,325
Median Grant (all grants)
$2,500

Latest Form 990-PF Snapshot

Total Grants
8
Median Grant
$2,250
% Median Grant Decline
-55% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

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

New Applicant Friendliness
Highly Accessible: 75%

6 of 8 recipients (75%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.

Geographic Focus
Ohio

67% of grants are awarded in Ohio, with additional funding distributed across 4 other locations. The foundation balances regional focus with broader geographic diversity. Within Ohio, funding concentrates in Bay Village (39%), Cleveland (22%), Lakewood (17%).

Funding Trajectory
-69%

Declining funding trend with 69% decrease over 3 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes + 3 others

Diversified giving across multiple program areas with primary emphasis on general purposes (54%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Karen's Way'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
Norton Industries $7,397 Lakewood, OH, US Donation To Repair Rental For Family In Needfor Use 2024
Younglife $500 Harlan, IA, US Gift For To Cleveland Westshoreoperating Expenses 2024
Run Univeristy $2,000 Bay Village, OH, US Amy Mihaljevic Memorial 5k Run &1 Mile Walk 2024
The Leukemia & Lymphoma Society Inc $2,500 Rye Brook, NY, US Student Visionaries Campaign 2024 2024
Norton Industries $7,397 Lakewood, OH, US Donation To Repair Rental For Family In Needfor Use 2024
Younglife $500 Harlan, IA, US Gift For To Cleveland Westshoreoperating Expenses 2024
Run Univeristy $2,000 Bay Village, OH, US Amy Mihaljevic Memorial 5k Run &1 Mile Walk 2024
The Leukemia & Lymphoma Society Inc $2,500 Rye Brook, NY, US Student Visionaries Campaign 2024 2024
John Carroll University $5,000 University Heights, OH, US Donation To School Alumni Operations 2023
Cleveland Metroparks $250,307 Cleveland, OH, US Huntington Reservationplay Center Donation 2023
Bay High School $500 Bay Village, OH, US Donation To Project Thirst 2023
Bay High School $402 Bay Village, OH, US Clarinet Donationpurchased From Rettig Music Inc 2023
Norton Industries $12,666 Lakewood, OH, US Donation To Repair Rental For Family In Needfor Use 2023
World Central Kitchen $30,000 Washington, DC, US Provide Food To Ukraine And Surrounding Nations 2022
Doctors Without Borders $30,000 New York, NY, US Getting Patients Care They Need 2022
Bay High School Key Club $5,000 Bay Village, OH, US Thirst Project 2022
Safe Harbor - Norton $1,000 Aurora, OH, US Public Support 2021
American Red Cross $5,000 Washington, DC, US Public Support 2021
The Carter Center $10,000 Atlanta, GA, US Public Support 2021
L'arche Cleveland $2,500 Cleveland, OH, US Public Support 2021
Cleveland Metroparks $1,000 Cleveland, OH, US Public Support 2021
The Gathering Place $5,000 Westlake, OH, US Public Support 2021
Bay Music Boosters $550 Bay Village, OH, US Public Support 2021
The Let's Share The Sun Foundation $10,000 Troy, NY, US Public Support 2021
Homeless Hookup Cle $1,000 South Euclid, OH, US Traveling Show Bus 2021
Bay Village Foundation $2,500 Bay Village, OH, US Public Support 2021
Malachi House $1,500 Cleveland, OH, US Public Support 2021

Foundations Similar to Karen's Way

Discover 5 foundations with comparable assets ($905,468-$908,045), similar grant patterns, and geographic focus in OH 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: 88-6569414 | 12 grants awarded
$905,468
(≈ Similar)
$4,098
median grant
Hamilton, OH
Same state
100%
Excellent match

EIN: 34-1365829 | 51 grants awarded
$906,387
(≈ Similar)
$4,100
median grant
Toledo, OH
Same state
100%
Excellent match

EIN: 34-1702565 | 118 grants awarded
$906,536
(≈ Similar)
$3,000
median grant
Tiffin, OH
Same state
100%
Excellent match

EIN: 82-5038674 | 133 grants awarded
$907,150
(≈ Similar)
$1,700
median grant
Silver Lake, OH
Same state
100%
Excellent match

EIN: 31-1410980 | 276 grants awarded
$908,045
(≈ Similar)
$2,000
median grant
Cincinnati, OH
Same state
100%
Excellent match

Contact Information

Official contact details for Karen's Way as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 85-3807281
Website N/A
Address 28838 LAKE RD Bay Village, OH 44140-1311

Key People (5)

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

Secretary Jack N Rhea
President Mary Patricia Rhea
Treasurer/director Charles N Norton
Secretary Brooke N Rhea
Member Erica Omojuannfo

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 Karen's Way 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 March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.