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Private foundation (trust)EIN 752692023Est. 1997-05

THE KARAKIN FOUNDATION

ABILENE, TX 79604

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Total Assets

$365.4M

FY 2024

Annual Giving

$16.4M

FY 2024

Grants Made

121

FY 2024

Avg Grant

$135K

FY 2024

Grant Range

$500–$3M

Typical

Deadlines

—

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$28.8M

Total Expenses

$20.2M

Qualifying Distributions

$16.9M

Distributable Amount

$17.0M

Min. Investment Return

$17.4M

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

121 grants

Grant sizes from minimum $500 through median $30K to maximum $3M, 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

4 years

Giving over time from 2020 to 2024. Peak $18.8M in 2020. Hover bars for details.

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

Top Recipients

488 grants

ABILENE HERITAGE SQUARE INC
$4.5M
5 grants
COMMUNITY FOUNDATION OF ABILENE
$3.7M
20 grants
SIGN FRACTURES CARE INTERNATIONAL
$2.5M
4 grants
MATERNAL HELP HOPE FUND
$2.3M
3 grants
ABILENE YOUTH SPORTS AUTHORITY
$2.0M
4 grants
GROVER NELSON PARK ZOOLOGICAL FOUNDATION
$2M
2 grants
CHRISTINA NOBLE CHILDREN'S FOUNDATION
$1.8M
7 grants
GARY SINISE FOUNDATION
$1.7M
5 grants

Grant Size Distribution

488 grants

<$10K
100
grants
$10–50K
169
grants
$50–250K
167
grants
$250K–1M
50
grants
$1–5M
2
grants
$5M+—

Geographic Focus

33 states

Texas
$25.5M
41% of total
California
$10.0M
16% of total
Washington
$3.6M
6% of total
Virginia
$3.4M
5% of total
Florida
$2.5M
4% of total
District of Columbia
$2.3M
4% of total
Massachusetts
$2.3M
4% of total
Maine
$2.0M
3% of total
New Mexico
$1.8M
3% of total
New York
$1.8M
3% of total

+23 more states

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Agee Family Foundation

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PETRELLO FAMILY FOUNDATION

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BETTY & JAMES MUNS FOUNDATION

PLANO, TX · $300K in grants

HELEN AND VINCENT W SHIEL

MAGNOLIA, TX · $200K in grants

WADE F & ISABEL G BRACKETT FDN

DALLAS, TX · $168K in grants

MARJORIE K BOND TUA

DALLAS, TX · $76K in grants

COY AND PATSY JOHNSON FOUNDATION

SULPHUR SPRINGS, TX · $60K in grants

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