Karam Foundation Nfp

Organization Overview

Karam Foundation Nfp is located in Lake Forest, IL. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Karam Foundation Nfp employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karam Foundation Nfp 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 12/2021, Karam Foundation Nfp generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

KARAM FOUNDATION IS DEDICATED TO HELP PEOPLE HELP THEMSELVES. WE SEEK TO RESTORE THE DIGNITY AND QUALITY OF LIFE FOR PEOPLE AFFECTED BY CONFLICT BY ELIMINATING BARRIERS TO SUCCESS THROUGH INNOVATIVE EDUCATION, ENTREPRENEURIAL DEVELOPMENT, AND COMMUNITY-DRIVEN AID.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUILDING LEADERS: OUR PROGRAMS EMPOWERING REFUGEE YOUTH AND PARENTS TO CREATE MULTIPLE PATHWAYS TO LEADERSHIP. FROM INNOVATIVE EDUCATION INITIATIVES FOR REFUGEE TEENS TO AWARENESS PROGRAMS FOR MOTHERS AND FATHERS, OUR PROGRAMS ARE DESIGNED TO PROVIDE ALL-ENCOMPASSING SUPPORT. WE RESPOND TO THE BARRIERS THAT SYRIAN REFUGEES FACE BY RELIEVING BURDENS NOW, AS WELL AS ALLOWING FOR OPPORTUNITIES TO BUILD FOR THE FUTURE.TRANSFORMING COMMUNITIES: INVESTING IN THE HEALTH AND RESILIENCE OF REFUGEE SYRIAN FAMILIES AROUND THE WORLD ALLOWS THEM TO THRIVE AND BECOME PROACTIVE COMMUNITY MEMBERS. FROM TARGETED SUPPORT TO NEWLY-SETTLED REFUGEES TO EMERGENCY RELIEF IN TIMES OF CRISIS, WE ENSURE THAT NO FAMILIES ARE RENDERED VICTIMS TO THEIR CIRCUMSTANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Lina Sergie Attar
CEO & Founder
$94,458
Rasha Mansouri
Board Chair
$0
Mamak Shahbazi
Vice Chair
$0
Aya Samman
Secretary
$0
Razan Massarani
Treasurer
$0
Sana Mustafa
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$125,271
Related organizations$0
Government grants $112,267
All other contributions, gifts, grants, and similar amounts not included above$2,595,001
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,832,539
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,840,038

Grants Awarded

Over the last fiscal year, Karam Foundation Nfp has awarded $16,530 in support to 2 organizations.

Grant RecipientAmount

ROLE MODEL MOVEMENT INC

Org PageRecipient Profile

Chicago, IL

PURPOSE: General support

$8,265

INNER-CITY MUSLIM ACTION NETW

Org PageRecipient Profile

Chicago, IL

PURPOSE: General support

$8,265
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Karam Foundation Nfp has recieved totaling $968,345.

Awarding OrganizationAmount
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$263,811
Shapiro Foundation

Needham, MA

PURPOSE: EDUCATION

$196,855
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: General Nonprofit Support

$105,250
Sobecki Family Foundation

Jackson, WY

PURPOSE: HELPING THE REFUGEES OF SYRIA

$101,300
Schooner Foundation

Boston, MA

PURPOSE: GENERAL SUPPORT

$100,028
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$46,334
View Grant Recipient Profile

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