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Filing year 2024

KARLGAARD FAMILY FOUNDATION

Great Falls, Virginia·EIN 31-1810538·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$15.6M
Total assets
$32.8M
Total expenses
$2.3M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. KARLGAARD FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Pres & Treas
VP & Sec
Asst VP
Asst VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.3M

Itemized grants

17

Median grant

$20k

RecipientLocationPurposeAmount
UNIVERSITY OF WISCONSIN EAU CLAIRE FOUNDATIONEAU CLAIRE, WISCHOLARSHIPS, TEACHING AWARDS, GENERAL USE$1.4M
GEORGE WASHINGTON UNIVERSITYWASHINGTON, DCSCHOLARSHIPS, PROFESSORSHIP$340k
INOVA HEALTH FOUNDATIONFALLS CHURCH, VANURSING SCHOLARSHIPS$250k
VIROQUA AREA FOUNDATIONVIROQUA, WISCHOLARSHIPS FOR VIROQUA STUDENTS$120k
UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATIONSAN FRANCISCO, CAARTIFICIAL KIDNEY RESEARCH$25k
VIRGINIA TECH FOUNDATIONBLACKSBURG, VASCHOLARSHIPS IN HONOR OF FRED LUTZE$25k
CARNEGIE SCIENCEWASHINGTON, DCOBSERVATORIES IN HONOR OF AL NASHMAN$25k
UNIVERSITY OF WISCONSIN BARRON COUNTY CAMPUSEAU CLAIRE, WITOM RITZINGER SCHOLARSHIP FUND$25k
CORNELL UNIVERSITY COLLEGE OF VETERINARY MEDICINEBOONE, IAVETERINARY SCHOLARSHIP$20k
MCINTOSH MEMORIAL LIBRARYVIROQUA, WINEW COMMUNITY CENTER$20k
EDUCATE FAIRFAXFALLS CHURCH, VASCHOLARSHIP TO FAIRFAX STUDENTS$15k
RICE LAKE AREA SCHOLARSHIP FOUNDATIONRICE LAKE, WISCHOLARSHIPS FOR RICE LAKE STUDENTS$15k
GIRL SCOUTS NATIONS CAPITALWASHINGTON, DCSHARE PROGRAM$10k
CLOVERLEAF EQUINE CENTERCLIFTON, VATHERAPEUTIC HORSEBACK RIDING$1k
BETHEL BUTIKWESTBY, WIFOOD PANTRY IN HONOR OF GERI TUNKS$500
CINCO RANCH HIGH SCHOOLKATY, TXTRACK AND CROSS COUNTRY TEAM$214
SPARTA HIGH SCHOOLSPARTA, WIROBOTICS PROGRAM$104
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

KARLGAARD FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$1.8M
2023
$15.6M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

KARLGAARD FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

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

Common questions about KARLGAARD FAMILY FOUNDATION

What are KARLGAARD FAMILY FOUNDATION's revenue and expenses?

In 2024, KARLGAARD FAMILY FOUNDATION reported $15.6M in total revenue and $2.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.