ELIA AND FANNIE KARAS FOUNDATION INC

Cite this

Plain text ELIA AND FANNIE KARAS FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/elia-and-fannie-karas-foundation-inc-046074427. Retrieved 2026-11-03.

APA furp.org. (n.d.). ELIA AND FANNIE KARAS FOUNDATION INC [Nonprofit organization profile; tax years 2020–2024]. Retrieved November 3, 2026, from https://furp.org/org/elia-and-fannie-karas-foundation-inc-046074427

MLA “ELIA AND FANNIE KARAS FOUNDATION INC.” furp.org, tax years 2020–2024, https://furp.org/org/elia-and-fannie-karas-foundation-inc-046074427. Accessed 3 Nov. 2026.

Retrieved 2026-11-03; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990PF · revenue $150K · expenses $184K · assets $774K

EIN
04-6074427
Address
455 DORCHESTER AVE, SOUTH BOSTON, MA 02127-2707
NTEE code
-
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
October 1957 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 2 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Joseph Karas PRESIDENT, TREASURER2020-2024 5 $0 reported 1
Barbara Karas (former) TREASURER2020-2022 5 $0 reported 1

People by year

2024 · 1 person listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOSEPH KARAS PRESIDENT, TREASURER5 $0-$0 $01
2023 · 1 person listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOSEPH KARAS PRESIDENT, TREASURER5 $0-$0 $01
2022 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOSEPH KARAS PRESIDENT5 $0-$0 $01
BARBARA KARAS TREASURER5 $0-$0 $01
2021 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOSEPH KARAS PRESIDENT5 $0-$0 $01
BARBARA KARAS TREASURER5 $0-$0 $01
2020 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JOSEPH KARAS PRESIDENT5 $0-$0 $01
BARBARA KARAS TREASURER5 $0-$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 14 grants to organizations · $178K
2023 · 16 grants to organizations · $298K
2022 · 12 grants to organizations · $133K
2021 · 8 grants to organizations · $103K
2020 · 8 grants to organizations · $310K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2024 · 1 contributor · $150K
#ContributorTypeCity, stateTotalNoncashSource
1 KARAS & KARAS GLASS CO INC Organization or other SOUTH BOSTON, MA $150,000- Form 990PF Sch. B, 2024 · filing
2023 · 1 contributor · $150K
#ContributorTypeCity, stateTotalNoncashSource
1 KARAS & KARAS GLASS CO INC Organization or other SOUTH BOSTON, MA $150,000- Form 990PF Sch. B, 2023 · filing
2022 · 1 contributor · $200K
#ContributorTypeCity, stateTotalNoncashSource
1 KARAS & KARAS GLASS CO INC Organization or other SOUTH BOSTON, MA $200,000- Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $500K
#ContributorTypeCity, stateTotalNoncashSource
1 KARAS & KARAS GLASS CO INC Organization or other SOUTH BOSTON, MA $500,000- Form 990PF Sch. B, 2021 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2025-08-31 · view filing · original 990 ↗
$150,000$184,400 $773,826$773,826 $150,000- $0--
2023 · Form 990PF period ending 2024-08-31 · view filing · original 990 ↗
$150,079$308,557 $808,226$808,226 $150,000- $0--
2022 · Form 990PF period ending 2023-08-31 · view filing · original 990 ↗
$200,933$137,850 $966,704$966,704 $200,000- $0--
2021 · Form 990PF period ending 2022-08-31 · view filing · original 990 ↗
$500,000$107,500 $903,621$903,621 $500,000- $0--
2020 · Form 990PF period ending 2021-08-31 · view filing · original 990 ↗
$0$310,000 $511,121$511,121 $0- $0--

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
ELIAS HANNA FOUNDATION INCMAA23 $114,791$92,631 President$0 Similar name, revenue within 2x, same state
ANNIES FOUNDATION INCIDT22 $43,296$47,023 PRESIDENT AND DIRECTOR$0 Similar name, revenue within 5x
ANAND FOUNDATION INCNYB82 $38,713$12,160 EXECUTIVE DI$0 Similar name, revenue within 5x
FANNIE AND MORRIS SKLAW FOUNDATION INCNJT20 $24,578$92,864 PRESIDENT$12,000 Similar name, revenue within 10x
ELIAS FOUNDATION INCNYF70 $1$14,776 DIRECTOR$0 Similar name, revenue differs more than 10x
LG&E AND KU FOUNDATION INCKYT20 $1,564,948$4,334,080 DIRECTOR$0 Similar name, revenue differs more than 10x
ART AND ANNIE SANDLER FOUNDATION INCVAT22 $100$25 PRESIDENT$0 Similar name, revenue differs more than 10x

Who funds organizations like this

Not reported: none of these organizations has foundation or DAF-sponsor grants in the filings we have.

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $184,400 spent · pay $0 · grants $178,225 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $178,225 96.7%
Fees: accounting $6,100 3.3%
Other expenses $74 0.0%
Taxes $1 0.0%
Total$184,400100%

View the filing

2023 · Form 990PF · $308,557 spent · pay $0 · grants $297,948 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $297,948 96.6%
Fees: accounting $10,500 3.4%
Other expenses $70 0.0%
Taxes $39 0.0%
Total$308,557100%

View the filing

2022 · Form 990PF · $137,850 spent · pay $0 · grants $133,225 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $133,225 96.6%
Fees: accounting $4,500 3.3%
Other expenses $125 0.1%
Total$137,850100%

View the filing

2021 · Form 990PF · $107,500 spent · pay $0 · grants $102,900 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $102,900 95.7%
Fees: accounting $4,600 4.3%
Total$107,500100%

View the filing

2020 · Form 990PF · $310,000 spent · pay $0 · grants $310,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $310,000 100.0%
Total$310,000100%

View the filing

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