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Filing year 2024

THE KAROL FUND

Fox Point, Wisconsin·EIN 20-0350673·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$923k
Total assets
$11k
Total expenses
$752k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE KAROL FUND reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

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

Total granted

$750k

Itemized grants

14

Median grant

$23k

RecipientLocationPurposeAmount
THE SALESIANUM TRUSTST FRANCIS, WIANNUAL SUPPORT$250k
THE SALESIANUM TRUSTST FRANCIS, WIANNUAL SUPPORT$250k
ST FRANCIS DE SALES SEMINARY - ANNUAL APPEALST FRANCIS, WIANNUAL SUPPORT$85k
ARCHDIOCESE OF MILWAUKEE - STEWARDSHIP APPEALMILWAUKEE, WIANNUAL SUPPORT$40k
ARCHDIOCESE OF MILWAUKEE - LOVE ONE ANOTHER CAPITAL CAMPAIGNMILWAUKEE, WIANNUAL SUPPORT$30k
SETON CATHOLIC SCHOOLSMILWAUKEE, WIANNUAL SUPPORT$25k
BOSTON COLLEGE - INSTITUTE FOR ADVANCED JESUIT STUDIESCHESTNUT HILL, MAANNUAL SUPPORT$25k
DIVINE SAVIOR HOLY ANGELS - FORWARD IN FAITH CAPITAL CAMPAIGNMILWAUKEE, WIANNUAL SUPPORT$20k
ST JOSEPHAT BASILICA FOUNDATIONMILWAUKEE, WIANNUAL SUPPORT$5k
WOMEN'S SUPPORT CENTER OF MILWAUKEEMILWAUKEE, WIANNUAL SUPPORT$5k
GREENSBURG CENTRAL CATHOLIC SCHOOLGREENSBURG, PAANNUAL SUPPORT$5k
YOUNG AMERICA FOUNDATIONRESTON, VAANNUAL SUPPORT$5k
MILWAUKEE RESCUE MISSIONMILWAUKEE, WIANNUAL SUPPORT$3k
ST FRANCIS OF ASSISI PARISHMILWAUKEE, WIANNUAL SUPPORT$3k
Financial trend

Revenue and expenses over time

THE KAROL FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$155k
$257k
2023
$923k
$752k
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 Philanthropy, Voluntarism & Grantmaking executives earn in Wisconsin

THE KAROL FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Wisconsin earns a median of $12,944.

25th percentile
$5k
Median
$12,944
75th percentile
$42k
90th percentile
$101k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,420 organizations across 1,420 filings (2020 – 2024).

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

Common questions about THE KAROL FUND

What are THE KAROL FUND's revenue and expenses?

In 2024, THE KAROL FUND reported $923k in total revenue and $752k 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.

THE KAROL FUND | Fox Point, WI | Pay | Lucido