Wisconsin · Private foundation
The Karol Fund
Its FY2025 filing reports that it accepted unsolicited grant applications.
- $245k
- Granted FY2025(still arriving)
- 13
- Grants FY2025
- 13
- Organizations funded FY2024
- 23%
- First-time grantees FY2024
- Median grant, FY2025
- $20,000
- Largest grant, FY2025
- $50,000
- Organizations funded a year
- 11 to 16
- FY2020 to FY2024
- States reached, FY2025
- 3
- Total assets, FY2025
- $134k
- Applications
- Takes unsolicited applications
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2024, 23% of the organizations The Karol Fund funded were first-time grantees, receiving 71% of its grant dollars.
New vs renewed · share of each year
In FY2024, 29% of grant dollars renewed an existing relationship; $530k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 13 | $245k | 15% |
| FY2024 | 13 | $750k | 23% |
| FY2023 | 11 | $255k | 9% |
| FY2022 | 16 | $248k | 50% |
| FY2021 | 13 | $231k | 23% |
| FY2020 | 11 | $185k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.
Top grantees
Largest recipients by total granted, FY2020 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Cursillo in Christianity of the Arc Hdiocese of Milwaukee | $80,000 | 2 | n/a |
| St Josaphat Basilica Foundation Inc | $30,000 | 6 | 1% |
| Womens Support Centers of Milwaukee Inc | $30,000 | 6 | 2% |
| Milwaukee Catholic Home Inc | $25,000 | 1 | n/a |
| Milwaukee Public Library Foundation Inc | $25,000 | 1 | 2% |
| Milwaukee Rescue Mission | $17,500 | 6 | n/a |
| St Francis of Assisi Parish | $12,500 | 5 | n/a |
| St Anthony Congregation | $12,500 | 5 | n/a |
| Ahava Productions Inc | $10,000 | 1 | 7% |
| Young America's Foundation | $5,000 | 1 | 0% |
Plus 18 recipients with no EIN on record ($1.7M), not named here.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Greater Milwaukee Foundation Inc · Evan & Marion Helfaer Foundation · Herbert H Kohl Charities Inc · Baird Foundation Inc · American Endowment Foundation · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
About The Karol Fund
- How much does The Karol Fund give?
- The Karol Fund reported 13 grants totaling $245,000 in its FY2025 IRS filing. It funded between 11 and 16 organizations a year over FY2020 to FY2024.
- What does The Karol Fund fund?
- By grant dollars over FY2020 to FY2025, its largest causes are Religion (73%), Education (16%), Human Services (3%).
- Who are The Karol Fund's largest grantees?
- By total granted over FY2020 to FY2025: Cursillo in Christianity of the Arc Hdiocese of Milwaukee ($80k), St Josaphat Basilica Foundation Inc ($30k), Womens Support Centers of Milwaukee Inc ($30k).
- Does The Karol Fund fund new organizations?
- In FY2024, 23% of the organizations it funded were first-time grantees.
- Does The Karol Fund accept unsolicited applications?
- Its most recent filing reports that it accepts unsolicited grant applications.
- Which funders back the same organizations as The Karol Fund?
- Its strongest co-funders, measured against what their size predicts, include Greater Milwaukee Foundation Inc, Evan & Marion Helfaer Foundation, Herbert H Kohl Charities Inc.
- Where is The Karol Fund based?
- The Karol Fund is based in WI.
Play a game based on Karol’s filings →