Private foundation (trust)EIN 824129763Est. 2019-02

KARELOU FOUNDATION

PITTSBURGH, PA 152281375

Total Assets

$3.9M

FY 2024

Annual Giving

$170K

FY 2024

Grants Made

13

FY 2024

Avg Grant

$13K

FY 2024

Grant Range

$2K–$50K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$125K

Total Expenses

$189K

Qualifying Distributions

$170K

Distributable Amount

$188K

Min. Investment Return

$189K

Undistributed Income

$8K

Payout rate 90%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.90%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

13 grants

Grant sizes from minimum $2K through median $10K to maximum $50K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $215K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

58 grants

ST VINCENT COLLEGE
$170K
5 grants
DUQUESNE UNIVERSITY
$110K
5 grants
SETON HILL UNIVERSITY
$89K
5 grants
DEPAUL SCHOOL FOR HEARING & SPEECH
$78K
5 grants
SISTERS OF CHARITY OF SETON HILL
$50K
5 grants
LITTLE SISTERS OF THE POOR
$50K
4 grants
MARINE CORPS SCHOLARSHIP FOUNDATION
$50K
1 grant
ST BONAVENTURE UNIVERSITY
$36K
5 grants

Grant Size Distribution

58 grants

<$10K
36
grants
$10–50K
22
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

Pennsylvania
$671K
85% of total
Virginia
$50K
6% of total
New York
$36K
5% of total
Florida
$24K
3% of total
Missouri
$9K
1% of total

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KARELOU FOUNDATION — Grants, Financials & Contact | Grantivo