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Filing year 2023

THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION

Short Hills, New Jersey·EIN 22-6058166·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$29k
Total assets
$0
Total expenses
$632k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Secretary

Grants paid

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

Total granted

$631k

Itemized grants

6

Median grant

$2k

RecipientLocationPurposeAmount
GOLDMAN SACHS PHILANTHROPY FUNDSHORT HILLS, NJCONTRIBUTION TO TRANSFER TO GS PHILANTHROPY FUND DUE TO FOUNDATION CLOSING$459k
GOLDMAN SACHS DAFSHORT HILLS, NJCONTRIBUTION TO TRANSFER TO DAF ACCOUNT DUE TO FOUNDATION CLOSING$168k
JEWISH FEDERATION OF METROWEST NJWHIPPANY, NJAID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS$3k
JEWISH FAMILY SERVICESLIVINGSTON, NJAID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS$1k
INDEPENDENT CURATORS INTERNATIONALNEW YORK, NYAID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS$150
NEWARK MUSEUM OF NATURAL HISTORYNEWARK, NJAID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS$100
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION

What are THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION's revenue and expenses?

In 2023, THE DONALD M KARP AND MARGERY LESNIK KARP FOUNDATION reported $29k in total revenue and $632k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.