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Nonprofiteer
← KARUNA FOUNDATION

Form 990 for tax year 2022

Filed by KARUNA FOUNDATION.

Totals

Total revenue
$26,842,823
Total expenses
$26,494,769
Contributions and grants received
$26,842,823
Grants paid
$25,735,847
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$843,277
Total liabilities, end of year
$20,345
Net assets or fund balances, end of year
$822,932
Program services expenses (Part IX)
$26,492,774
Management and general expenses
$1,995
Fundraising expenses
$0
Program service expenses (Part III)
$26,492,774

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $26,842,823

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,849,666 · program services $7,849,666

  • 2 · Grants to domestic individuals

    total $841,372 · program services $841,372

  • 3 · Grants to foreign organizations and individuals

    total $17,044,809 · program services $17,044,809

  • 11b · Fees: legal

    total $6,609 · program services $6,609

  • 11c · Fees: accounting

    total $20,424 · program services $20,424

  • 11g · Fees: other

    total $729,643 · program services $729,643

  • 13 · Office expenses

    total $635 · program services $251 · management and general $384

  • 14 · Information technology

    total $1,611 · management and general $1,611

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $446,792 · end of year $754,311

  • 4 · Accounts receivable

    end of year $30,000

  • 7 · Other notes and loans receivable

    beginning of year $28,086 · end of year $58,966

  • 17 · Accounts payable and accrued expenses

    end of year $9,245

  • 21 · Escrow or custodial account liability

    end of year $11,100

  • 27 · Net assets without donor restrictions

    beginning of year $474,878 · end of year $822,932

Mission and programs · 2022

Mission

Making distributions to individuals and organizations that advocate for and/or support the wellbeing of animals, our natural environment and all global citizens, particularly by addressing humanitarian crises or deficiencies in nutrition or food systems.

Activities or mission (Part I)

Supporting the wellbeing of animals, our natural environment and all global citizens.

  • Distributions and loans to organizations that advocate the wellbeing of animals.

    Expenses $24,943,354 · Grants $24,186,427

  • Fiscal sponsorship of mission-aligned charitable initiatives.

    Expenses $1,549,420 · Grants $1,549,420

As filed on the 2022 return.

Listed in Part VII

  • Shilpi Shah

    President/ Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Nikki Bollaert

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Patricia Kowalewski

    Director

    Total calculated
    $0
    Hours/week
    2

  • Shaleen Shah

    Executive Director

    Total calculated
    $0
    Hours/week
    15

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303149349304295

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.