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Illinois · Private foundation

Karasik Brothers Charitable Fndn

Its FY2019 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$5k
Granted FY2019
5
Grants FY2019
5
Organizations funded FY2019
20%
First-time grantees FY2019
Read the full brief
Median grant, FY2019
$1,500
Largest grant, FY2019
$1,810
Organizations funded a year
4 to 8
FY2017 to FY2019
States reached, FY2019
1
Total assets, FY2019
$16k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2019, 20% of the organizations Karasik Brothers Charitable Fndn funded were first-time grantees, receiving 34% of its grant dollars.

New vs renewed · share of each year

In FY2019, 66% of grant dollars renewed an existing relationship; $2k went to new ones.

50%100%’18’19
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19
EducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20195$5k20%
FY20184$2k75%
FY20178$2kn/a
82% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2019.

Education$3kPhilanthropy$3kHealth$1kReligion$500Arts & Culture$415Housing & Shelter$50Other$0

Top grantees

Largest recipients by total granted, FY2017 to FY2019, and the share of each one’s budget the grants supplied at peak.

Plus 6 recipients with no EIN on record ($5k), not named here.

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About Karasik Brothers Charitable Fndn

How much does Karasik Brothers Charitable Fndn give?
Karasik Brothers Charitable Fndn reported 5 grants totaling $5,310 in its FY2019 IRS filing. It funded between 4 and 8 organizations a year over FY2017 to FY2019.
What does Karasik Brothers Charitable Fndn fund?
By grant dollars over FY2017 to FY2019, its largest causes are Education (28%), Philanthropy (27%), Health (13%).
Who are Karasik Brothers Charitable Fndn's largest grantees?
By total granted over FY2017 to FY2019: The Latin School of Chicago ($3k), The Chimes Inc ($600), The Center for Enriched Living Inc ($550).
Does Karasik Brothers Charitable Fndn fund new organizations?
In FY2019, 20% of the organizations it funded were first-time grantees.
Does Karasik Brothers Charitable Fndn accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Where is Karasik Brothers Charitable Fndn based?
Karasik Brothers Charitable Fndn is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 12 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2019, released 2019. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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