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Filing year 2024

THE KARNIK FOUNDATION

Waterville, Ohio·EIN 46-3331883·NTEE O99 · Youth Development·501(c)(3)
Total revenue
$18k
Total assets
$12k
Total expenses
$19k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. THE KARNIK FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

President

Grants paid

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

Total granted

$19k

Itemized grants

4

Median grant

$5k

RecipientLocationPurposeAmount
ANTHONY WAYNEWHITEHOUSE, OHSCHOLARSHIP$9k
TOLEDO HUMANE SOCIETYMAUMEE, OHSPONSORSHIP$5k
CEDAR CREEK SCHOLARSHIP FUNDWHITEHOUSE, OHSCHOLARSHIP$5k
COURAGEOUS COMMUNITY SERVICESWHITEHOUSE, OHSPONSORSHIP$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE KARNIK FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$19k
$16k
2023
$18k
$19k
2024
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 Youth Development executives earn in Ohio

THE KARNIK FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable youth development organization in Ohio earns a median of $60,000.

25th percentile
$30k
Median
$60,000
75th percentile
$93k
90th percentile
$143k

These are youth development sector-wide figures, not this organization's reported pay. Based on 189 organizations across 189 filings (2022 – 2024).

See full Youth Development pay data for Ohio
FAQ

Common questions about THE KARNIK FOUNDATION

What are THE KARNIK FOUNDATION's revenue and expenses?

In 2024, THE KARNIK FOUNDATION reported $18k in total revenue and $19k 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.