1. Directory
  2. Illinois
  3. Libertyville
  4. The Kara Foundation
EIN 36-3779796

The Kara Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Libertyville
State
Illinois
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The The Kara Foundation is a private foundation located in Libertyville, IL that provides grants to other charitable organizations. Grantees include Phillips Park Zoo. The foundation made 55 grants last year.
Total revenues
$138,639
2023
Total expenses
$605,034
2023
Total assets
$12,438,051
2023
Num. employees
1
2023

Program areas at The Kara Foundation

Grants to other charitable organizations

Grants made by The Kara Foundation

GranteeGrant descriptionAmount
Donka IncorporatedOperational Support$25,000
Special Methods in Learning Equine SkillsOperational Support$25,000
Give N KindOperational Support$20,000
...and 3 more grants made

Personnel at The Kara Foundation

NameTitleCompensation
Patrick DemoonTreasurer$48,634
Paul DemoonVice President$60,000
Anthony DemoonPresident and Secretary$46,843

Financials for The Kara Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$163,377
Net rental income$0
Net gain from sale of non-inventory assets$-24,738
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$138,639

Form 990s for The Kara Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-03990PFView PDF
2022-122023-05-04990PFView PDF
2021-122022-04-12990PFView PDF
2020-122021-06-21990PFView PDF
2019-122020-12-02990PFView PDF
...and 8 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 10, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 30, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 2 new personnel
August 19, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1520 Artaius Pkwy 7290
Libertyville, IL 60048
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Lake County, IL
Phone
(262) 279-5168
IRS details
EIN
36-3779796
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when The Kara Foundation has new information, or want to find more organizations like The Kara Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy