KARAM FOUNDATION NFP: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KARAM FOUNDATION NFP (EIN 37-1548241)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202543219349310004
Schema version
2024v5.2
Note
A later return for the same period supersedes this one.
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T10:04:49-08:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN810926770PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line140 WALL ST 32ND FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN371548241EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KARAM FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKARABusinessNameControlTxt
Phone2245449411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12045 W GRAND AVE STE B PMB 88293AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60612ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRula JamousPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNina BahazhevskaPreparerPersonNm
PTINP00468170PTIN
Phone2127850100PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRula JamousPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12045 W GRAND AVE STE B PMB 88293AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606121577ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,799,028GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressKARAMFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionKARAM 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.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Volunteers27TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$4,552,748PYContributionsGrantsAmt
CY Contributions Grants$1,760,516CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$143PYInvestmentIncomeAmt
CY Investment Income$29,675CYInvestmentIncomeAmt
PY Other Revenue$10,232PYOtherRevenueAmt
CY Other Revenue$3,491CYOtherRevenueAmt
PY Total Revenue$4,562,837PYTotalRevenueAmt
CY Total Revenue$1,793,682CYTotalRevenueAmt
PY Grants And Similar Paid$1,530,822PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,322,165CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,338,348PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,605,928CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$421,059CYTotalFundraisingExpenseAmt
PY Other Expenses$878,485PYOtherExpensesAmt
CY Other Expenses$894,287CYOtherExpensesAmt
PY Total Expenses$3,747,655PYTotalExpensesAmt
CY Total Expenses$3,822,380CYTotalExpensesAmt
PY Revenues Less Expenses$815,182PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,028,698CYRevenuesLessExpensesAmt
Total Assets BOY$4,865,239TotalAssetsBOYAmt
Total Assets EOY$2,819,480TotalAssetsEOYAmt
Total Liabilities BOY$207,543TotalLiabilitiesBOYAmt
Total Liabilities EOY$202,731TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,657,696NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,616,749NetAssetsOrFundBalancesEOYAmt
MissionKARAM 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,997,842ExpenseAmt
Grant$1,322,165GrantAmt
DescBuilding 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.Desc
Total Program Service Expenses$2,997,842TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee14EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLina Sergie AttarPersonNm
Phone2245449411PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12045 W GRAND AVE STE B PMB 88293AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606121577ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Lina Sergie Attar
CEO40.000.00Yes (X)Yes (X)$121,924$0$6,037
Demetri Fadel
CSO40.000.00Yes (X)Yes (X)$105,057$0$2,078
Rula Jamous
Treas.& Dr.Fin.40.000.00Yes (X)Yes (X)$91,223$0$0
Rasha Mansouri
Chairman8.000.00Yes (X)Yes (X)$0$0$0
Mamak Shahbazi
Vice Chairman8.000.00Yes (X)Yes (X)$0$0$0
Razan Massarani
Director4.000.00Yes (X)$0$0$0
Heba AL Ayouby
Director4.000.00Yes (X)$0$0$0
Omar Salem
Director4.000.00Yes (X)$0$0$0
Sharad Samy
Director4.000.00Yes (X)$0$0$0
Anna Nolan
Director4.000.00Yes (X)$0$0$0
Sarah Rahman
Director4.000.00Yes (X)$0$0$0
Demetri Fadel
0.000.00$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$318,204TotalReportableCompFromOrgAmt
Total Other Compensation$8,115TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NUVU LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1450 MASSACHUSETTS AVEAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02139ZIPCd
FieldValueIRS element (for citing)
ServicesInnovative Student PrgmServicesDesc
Compensation$185,000CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,760,516AllOtherContributionsAmt
Total Contributions$1,760,516TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,675TotalRevenueColumnAmt
Related Or Exempt Func Income$29,675RelatedOrExemptFuncIncomeAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$5,336SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$5,336SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,283GrossSalesOfInventoryAmt
Cost Of Goods Sold$10CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,273TotalRevenueColumnAmt
Related Or Exempt Func Income$2,273RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOtherDesc
Business900099BusinessCd
Total Revenue Column$1,218TotalRevenueColumnAmt
Exclusion$1,218ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,218OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,793,682TotalRevenueColumnAmt
Related Or Exempt Func Income$31,948RelatedOrExemptFuncIncomeAmt
Exclusion$1,218ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$154,646TotalAmt
Program Services$154,646ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$12,120TotalAmt
Program Services$12,120ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,155,399TotalAmt
Program Services$1,155,399ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$327,413TotalAmt
Program Services$183,264ProgramServicesAmt
Management And General$85,457ManagementAndGeneralAmt
Fundraising$58,692FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,069,192TotalAmt
Program Services$800,432ProgramServicesAmt
Management And General$62,203ManagementAndGeneralAmt
Fundraising$206,557FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,741TotalAmt
Program Services$2,163ProgramServicesAmt
Management And General$332ManagementAndGeneralAmt
Fundraising$1,246FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$49,388TotalAmt
Program Services$25,822ProgramServicesAmt
Management And General$8,414ManagementAndGeneralAmt
Fundraising$15,152FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$156,194TotalAmt
Program Services$81,665ProgramServicesAmt
Management And General$26,610ManagementAndGeneralAmt
Fundraising$47,919FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$16,343TotalAmt
Program Services$16,332ProgramServicesAmt
Management And General$11ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$77,802TotalAmt
Management And General$77,802ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$376,879TotalAmt
Program Services$287,788ProgramServicesAmt
Management And General$53,825ManagementAndGeneralAmt
Fundraising$35,266FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$73,121TotalAmt
Program Services$51,073ProgramServicesAmt
Management And General$12,941ManagementAndGeneralAmt
Fundraising$9,107FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$91,815TotalAmt
Program Services$91,815ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$95,338TotalAmt
Program Services$67,913ProgramServicesAmt
Management And General$12,334ManagementAndGeneralAmt
Fundraising$15,091FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$44,747TotalAmt
Program Services$31,572ProgramServicesAmt
Management And General$4,704ManagementAndGeneralAmt
Fundraising$8,471FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,477TotalAmt
Program Services$333ProgramServicesAmt
Management And General$4,144ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Other$42,058$3,798$33,001$5,259
Dues and subscriptions$35,372$15,873$8,251$11,248
Staff Development$28,362$15,834$5,477$7,051
Bank and transaction fees$7,973$7,973

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,822,380TotalAmt
Program Services$2,997,842ProgramServicesAmt
Management And General$403,479ManagementAndGeneralAmt
Fundraising$421,059FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,431,761BOYAmt
EOY$1,644,717EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,568,799BOYAmt
EOY$456,788EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,610,931BOYAmt
EOY$438,605EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,851BOYAmt
EOY$1,841EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$9,768BOYAmt
EOY$14,923EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$579,804LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$465,072LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$95,562BOYAmt
EOY$114,732EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$146,567BOYAmt
EOY$147,874EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,865,239BOYAmt
EOY$2,819,480EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$83,489BOYAmt
EOY$75,269EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$124,054BOYAmt
EOY$127,462EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$207,543BOYAmt
EOY$202,731EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,038,704BOYAmt
EOY$2,171,973EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,618,992BOYAmt
EOY$444,776EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,657,696BOYAmt
EOY$2,616,749EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,865,239BOYAmt
EOY$2,819,480EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,028,698ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,173NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$9,076OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,326,440CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,832,539CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,395,218CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,552,748CurrentTaxYearMinus1YearAmt
Current Tax Year$1,760,516CurrentTaxYearAmt
Total$14,867,461TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,326,440CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,832,539CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,395,218CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,552,748CurrentTaxYearMinus1YearAmt
Current Tax Year$1,760,516CurrentTaxYearAmt
Total$14,867,461TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,857,515SubstantialContributorsTotAmt
Public Support Total170$13,009,946PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$29,257CurrentTaxYearAmt
Total$29,257TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,914CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,499CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,999CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,134CurrentTaxYearMinus1YearAmt
Current Tax Year$1,743CurrentTaxYearAmt
Total$40,289TotalAmt
FieldValueIRS element (for citing)
Total Support$14,937,007TotalSupportAmt
Gross Receipts Rltd Activities$41,410GrossReceiptsRltdActivitiesAmt
Public Support CY1700.87100PublicSupportCY170Pct
Public Support PY1700.84610PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$98,149InvestmentCostOrOtherBasisAmt
Depreciation$94,453DepreciationAmt
Book Value$3,696BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$385,607InvestmentCostOrOtherBasisAmt
Depreciation$303,142DepreciationAmt
Book Value$82,465BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$96,048InvestmentCostOrOtherBasisAmt
Depreciation$67,477DepreciationAmt
Book Value$28,571BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$114,732TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Operating lease right-of-use asset$112,885
Other assets$34,989
FieldValueIRS element (for citing)
Total Book Value Other Assets$147,874TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOperating lease liabilityDesc
Amt$127,462Amt
FieldValueIRS element (for citing)
Total Liability$127,462TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,781,433TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,173NetUnrealizedGainsInvstAmt
Other Revenue-$9,076OtherRevenueAmt
Revenue Not Reported-$12,249RevenueNotReportedAmt
Revenue Subtotal$1,793,682RevenueSubtotalAmt
Total Revenue Per Form990$1,793,682TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,822,380TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$3,822,380ExpensesSubtotalAmt
Total Expenses Per Form990$3,822,380TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationKARAM FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANYMATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMiddle eastRegionTxt
Offices2OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedPrgm. related grants & supportTypeOfActivitiesConductedTxt
Specific Services ProvidedScholarships and other assist.SpecificServicesProvidedTxt
Region Total Expenditures$1,155,399RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices2SubtotalOfficesCnt
Total Office2TotalOfficeCnt
Subtotal Spent$1,155,399SubtotalSpentAmt
Total Spent$1,155,399TotalSpentAmt
Total501c3 Org1Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceScholarships and SupportTypeOfAssistanceTxt
RegionMiddle EastRegionTxt
Recipient359RecipientCnt
Cash Grant$1,155,399CashGrantAmt
Manner Of Cash DisbursementCASHMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside USFormAndLineReferenceDesc
ExplanationTHE GRANT FUNDS ARE MONITORED BY REVIEWING THE FINANCIAL AND PROJECT REPORTS THAT ARE SUBMITTED TO KARAM AFTER THE IMPLEMENTATION OF THE PROJECTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
FINDING REFUGE
7555 SHOLER AVEBRIDGEVIEWIL60455842009994$8,000$0General Support
Paper Airplanes Inc
315 Chapman Ave Unit A SouthSan FranciscoCA94080814278267$42,000$0General Support
Reaching Across Borders
10821 Town View DrJacksonvilleFL32256852397845$29,917$0General Support
SEEDS FILM LLC
25 N Moore StreetNew YorkNY10013993453490$39,969$0PRODUCE THE FILM
SYE Initiative INC
5 Tudor City Pl Apt 1405New YorkNY10017832030921$30,000$0General Support
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient2RecipientCnt
Cash Grant$12,120CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationThe grant funds are monitored by reviewing the financial aid project reports that are submitted to Karam after the implementation of the projects.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, Line 8bTHE ORGANIZATION HAS NO INDIVIDUAL COMMITTIES. ALL DECISIONS ARE MADE AT THE BOARD LEVEL.
Form 990, Part VI, Section B, Line 11bTHE IRS FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
Form 990, Part VI, Section B, Line 12cTHE BOARD OF DIRECTORS REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST ANNUALLY. THE CEO, BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS OR LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY WITH ALL RELATIONSHIPS AND ANY POTENTIAL CONFLICTS ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH KARAM'S POLICIES AND PROCEDURES.
Form 990, Part VI, Section B, Line 15aCOMPENSATION OF THE ORGANIZATION'S CEO WAS DETERMINED BY THE BOARD OF DIRECTORS AFTER DOING AN EVALUATION, COMPARABILITY DATA STUDY, DELIBERATION AND THE BOARD DECISION WAS DOCUMENTED. THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES.
Form 990, Part VI, Section C, Line 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
Form 990, Part XI, Line 9FX Loss = -$9076

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