Karlson Family Foundation
- Assets
- $0.0
- Revenue
- $23.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Trumbull, CT
- Founding
- 04/1994
- Data as of
- 08/2023
- EIN
- 13-3762819
Organization Overview
Karlson Family Foundation is located in Trumbull, CT. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karlson Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Karlson Family Foundation generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $2.0m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karlson Family Foundation has awarded 590 individual grants totaling $3,178,749. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Rehnberg Director | 10 | $0 | |
Harry C Rehnberg Director | 10 | $0 | |
Stephanie R Murray Director | 10 | $0 | |
Anna J Mccann Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $23,111 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,140 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,426 |
| Total operating and administrative expenses | $21,598 |
| Contributions, gifts, grants paid | $1,994,649 |
| Total expenses and disbursements | $2,016,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karlson Family Foundation has awarded $1,994,649 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UPPER MERRYALL CEMETERY ASSOCIATION PURPOSE: MAINTENCE & IMPROVEMNTSFOR CONNECTICUT CEMETERY | $35,000 |
JON H REHNBERG CHARITABLE GIFT FUND PURPOSE: EDUCATIONAL & OTHER NONPROFITPROGRAMS | $482,943 |
H CHRISTOPHER & JENNIE MAY REHNBERG CHARITABLE FUND PURPOSE: EDUCATIONAL & OTHER NONPROFITPROGRAMS | $482,943 |
GREGORY JOHN MOTYCKA FUND PURPOSE: EDUCATIONAL & OTHER NONPROFITPROGRAMS | $120,739 |
MCCANN AGEE CHARITABLE GIFT FUND PURPOSE: EDUCATIONAL & OTHER NONPROFITPROGRAMS | $161,123 |
DAGAN MCCANN CHARITABLE GIFT FUND PURPOSE: EDUCATIONAL & OTHER NONPROFITPROGRAMS | $161,123 |