The Karma Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Karma Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 22-3478433

Foundation Overview

Based in Princeton, NJ, The Karma Foundation has awarded 73 grants totaling $1,597,940 to organizations in New Jersey, Maryland and 8 other states across the US. Individual grants range from $250 to $405,366, with a median award of $5,250.

Latest Tax Year
2023
Total Giving (all years)
$1,597,940
Total Assets
$6,745,679
Median Grant (all grants)
$5,250

Latest Form 990-PF Snapshot

Total Grants
25
Median Grant
$5,250
% No Significant Change
5% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Highly Accessible: 80%

20 of 25 recipients (80%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.

Geographic Focus
New Jersey

48% of grants are awarded in New Jersey, with additional funding distributed across 9 other locations. The foundation balances regional focus with broader geographic diversity. Within New Jersey, funding concentrates in New Brunswick (37%), Princeton (11%), Jersey City (11%).

Funding Trajectory
-33%

Declining funding trend with 33% decrease over 5 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Community Projects + General Purposes

Dual focus on community projects (50%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Karma Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Paper Mill Playhouse $1,860 Millburn, NJ, US General Support 2023
Bildner Center - Rutgers University $33,600 New Brunswick, NJ, US General Support 2023
Broadway Caresequity Fightsaids $375 New York, NY, US General Support 2023
Ars Nova Theater $2,500 New York, NY, US General Support 2023
Wheaton Arts And Cultural Center $5,000 Millville, NJ, US General Support 2023
Lincoln Center Theater $5,000 New York, NY, US General Support 2023
George Street Playhouse $65,220 New Brunswick, NJ, US General Support 2023
American Friends Of Libi $1,041 Brighton, MA, US General Support 2023
Next For Autism $5,250 New York, NY, US General Support 2023
The National Center For Jewish Film $5,000 Waltham, MA, US General Support 2023
Women In Film & Video Dc $10,000 Washington, DC, US General Support 2023
Center For Creative Change $15,000 Washington, DC, US General Support 2023
Entertainment Community Fund $7,500 New York, NY, US General Support 2023
Ridgefield Park Public Library $2,500 Ridgefield Park, NJ, US General Support 2023
Matan $10,000 White Plains, NY, US General Support 2023
Wbevwxro Children's Radiothon $30,000 Milwaukee, WI, US General Support 2023
Southern Ocean County Medical Center $2,700 Manahawkin, NJ, US General Support 2023
Jewish Family Service Of Central New Jersey $10,000 Elizabeth, NJ, US General Support 2023
Montgomery County Community Foundation $500 Woodlands, TX, US General Support 2023
Children's Specialized Hospital $20,000 New Brunswick, NJ, US General Support 2023
Nj Coalition To End Homelessness $1,300 Princeton, NJ, US General Support 2023
Center For Independent Documentary $15,000 Newton, MA, US General Support 2023
Congregation Sinai $10,000 Jersey City, NJ, US General Support 2023
Full Of Grace Foundation $10,000 El Dorado Hills, CA, US General Support 2023
Anshe Emeth Memorial Temple $250 New Brunswick, NJ, US General Support 2023
American Cancer Society $5,000 Hagerstown, MD, US General Support 2022
Atlantic Theatre Company $3,000 New York, NY, US General Support 2022
Bildner Center - Rutgers University $30,000 New Brunswick, NJ, US General Support 2022
Children's Radiothon $32,000 Salt Lake City, UT, US General Support 2022
Congregation Sinai $10,000 Jersey City, NJ, US General Support 2022
George Street Playhouse $70,000 New Brunswick, NJ, US General Support 2022
Hackensack Meridian Health Foundation $1,000 Edison, NJ, US General Support 2022
Homefront $14,580 Lawrenceville, NJ, US General Support 2022
Lincoln Center Theater $5,000 New York, NY, US General Support 2022
Manhattan Theatre $3,000 New York, NY, US General Support 2022
Matan $10,000 White Plains, NY, US General Support 2022
Mayor Cohen's Charity Fund $1,000 East Brunswick, NJ, US General Support 2022
National Liberty Museum $3,000 Philadelphia, PA, US General Support 2022
Rutgers Hillel $9,215 New Brunswick, NJ, US General Support 2022
The Actors Fund $5,000 New York, NY, US General Support 2022
American Cancer Society $5,000 Hagerstown, MD, US General Support 2022
Atlantic Theatre Company $3,000 New York, NY, US General Support 2022
Bildner Center - Rutgers University $30,000 New Brunswick, NJ, US General Support 2022
Children's Radiothon $32,000 Salt Lake City, UT, US General Support 2022
Congregation Sinai $10,000 Jersey City, NJ, US General Support 2022
George Street Playhouse $70,000 New Brunswick, NJ, US General Support 2022
Hackensack Meridian Health Foundation $1,000 Edison, NJ, US General Support 2022
Homefront $14,580 Lawrenceville, NJ, US General Support 2022
Lincoln Center Theater $5,000 New York, NY, US General Support 2022
Manhattan Theatre $3,000 New York, NY, US General Support 2022
Matan $10,000 White Plains, NY, US General Support 2022
Mayor Cohen's Charity Fund $1,000 East Brunswick, NJ, US General Support 2022
National Liberty Museum $3,000 Philadelphia, PA, US General Support 2022
Rutgers Hillel $9,215 New Brunswick, NJ, US General Support 2022
The Actors Fund $5,000 New York, NY, US General Support 2022
American Cancer Society $5,000 Hagerstown, MD, US General Support 2022
Atlantic Theatre Company $3,000 New York, NY, US General Support 2022
Bildner Center - Rutgers University $30,000 New Brunswick, NJ, US General Support 2022
Children's Radiothon $32,000 Salt Lake City, UT, US General Support 2022
Congregation Sinai $10,000 Jersey City, NJ, US General Support 2022
George Street Playhouse $70,000 New Brunswick, NJ, US General Support 2022
Hackensack Meridian Health Foundation $1,000 Edison, NJ, US General Support 2022
Homefront $14,580 Lawrenceville, NJ, US General Support 2022
Lincoln Center Theater $5,000 New York, NY, US General Support 2022
Manhattan Theatre $3,000 New York, NY, US General Support 2022
Matan $10,000 White Plains, NY, US General Support 2022
Mayor Cohen's Charity Fund $1,000 East Brunswick, NJ, US General Support 2022
National Liberty Museum $3,000 Philadelphia, PA, US General Support 2022
Rutgers Hillel $9,215 New Brunswick, NJ, US General Support 2022
The Actors Fund $5,000 New York, NY, US General Support 2022
See Attached Statement A $116,355 Princeton, NJ, US Charitable Purposes 2021
See Attached Statement A $201,238 Princeton, NJ, US Charitable Purposes 2020
See Attached Statement A $405,366 Princeton, NJ, US Charitable Purposes 2018

Foundations Similar to The Karma Foundation

Discover 5 foundations with comparable assets ($6,663,066-$6,816,345), similar grant patterns, and geographic focus in NJ that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 85-3474289 | 98 grants awarded
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$10,000
median grant
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Same state
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Excellent match

EIN: 41-2029664 | 144 grants awarded
$6,776,399
(≈ Similar)
$7,000
median grant
Pennington, NJ
Same state
100%
Excellent match

EIN: 22-3140652 | 275 grants awarded
$6,694,293
(≈ Similar)
$2,930
median grant
Cresskill, NJ
Same state
100%
Excellent match

EIN: 20-3451032 | 70 grants awarded
$6,816,345
(≈ Similar)
$10,000
median grant
Hoboken, NJ
Same state
99%
Excellent match

EIN: 22-3696766 | 157 grants awarded
$6,663,066
(≈ Similar)
$3,000
median grant
Allendale, NJ
Same state
99%
Excellent match

Contact Information

Official contact details for The Karma Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 22-3478433
Website http://www.karmafoundation.org
Address 140 ARRETON RD Princeton, NJ 08540-1429

Key People (3)

Board members, trustees, and key staff who oversee The Karma Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Sharon Karmazin
Executive Director Dina K Elkins
Trustee Craig Karmazin

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Karma Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.