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Filing year 2023

ELIA & FANNIE KARAS FOUNDATION INC

South Boston, Massachusetts·EIN 04-6074427·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$150k
Total assets
$808k
Total expenses
$309k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2023. ELIA & FANNIE KARAS FOUNDATION INC reported 1 unpaid officer or board member on its 990-PF.

President, Treasurer

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$298k

Itemized grants

16

Median grant

$4k

RecipientLocationPurposeAmount
BOSTON LATIN SCHOOL ASSOCIATIONBOSTON, MACHARITABLE CONTRIBUTION$179k
CROHN & COLITIS FOUNDATIONNEW YORK, NYCHARITABLE CONTRIBUTION$50k
FRIENDS OF THE CHILDRENBOSTON, MACHARITABLE CONTRIBUTION$20k
ROSE FITZGERALD KENNEDY GREENWAY CONSERVANCYBOSTON, MACHARITABLE CONTRIBUTION$10k
SHIRAT HAYAMSWAMPSCOTT, MACHARITABLE CONTRIBUTION$10k
BRIGHAM & WOMENS HOSPITALBOSTON, MACHARITABLE CONTRIBUTION$5k
OGUNQUIT PLAYHOUSE FOUNDATIONOGUNQUIT, MECHARITABLE CONTRIBUTION$5k
TIDES FOUNDATIONSAN FRANCISCO, CACHARITABLE CONTRIBUTION$5k
KELLIE KENNEDY GOLF CLASSICEAST HAVEN, CTCHARITABLE CONTRIBUTION$4k
PURPURA FAMILY FOUNDATIONMARLBOROUGH, MACHARITABLE CONTRIBUTION$3k
TEMPLE ISRAEL OF SHARONSHARON, MACHARITABLE CONTRIBUTION$2k
JCC OF THE NORTH SHOREMARBLEHEAD, MACHARITABLE CONTRIBUTION$2k
HALE EDUCATIONWESTWOOD, MACHARITABLE CONTRIBUTION$1k
FIRST GENERATION INVESTORSNEW YORK, NYCHARITABLE CONTRIBUTION$1k
THE PINK AGENDANEW YORK, NYCHARITABLE CONTRIBUTION$500
THE SIMPSON CUPORLANDO, FLCHARITABLE CONTRIBUTION$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

ELIA & FANNIE KARAS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$201k
$138k
2022
$150k
$309k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

ELIA & FANNIE KARAS FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts
FAQ

Common questions about ELIA & FANNIE KARAS FOUNDATION INC

What are ELIA & FANNIE KARAS FOUNDATION INC's revenue and expenses?

In 2023, ELIA & FANNIE KARAS FOUNDATION INC reported $150k in total revenue and $309k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.