Comprehensive foundation profile based on the most recent IRS Form 990 filing
The Herbert M Karol Foundation is a philanthropic organization based in Boston, Massachusetts, with a focus on supporting initiatives in health, diseases and conditions, religion, and human services. Despite its modest financial size, with assets totaling $74,348 and annual expenses of $17,279, the foundation actively contributes to its mission. In the past year, it generated a revenue of $34,693. The foundation has funded projects in Coral Gables, Florida. The leadership team consists of Steven E. Karol as President, Joan L. Karol as Chairperson, Jane M. Karol as Secretary, William S. Karol and Thomas D. Karol as Directors, and Howard Cooper as Treasurer. Notably, all members of the leadership team serve without compensation.
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Financials
+2.6% from previous year
1 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $16,666 | BAPTIST HEALTH FOUNDATION | MIAMI CANCER INSTITUTE PLEDGE | Coral gables, FL, US | 2023 |
| $13,334 | BAPTIST HEALTH FOUNDATION | MIAMI CANCER INSTITUTE PLEDGE | Coral gables, FL, US | 2024 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
SE
STEVEN E KAROL
| PRESIDENT | $0 | 2024 |
JL
JOAN L KAROL
| CHAIRPERSON | $0 | 2024 |
JM
JANE M KAROL
| SECRETARY | $0 | 2024 |
WS
WILLIAM S KAROL
| DIRECTOR | $0 | 2024 |
HC
HOWARD COOPER
| TREASURER | $0 | 2024 |
STEVEN E KAROL
PRESIDENT
JOAN L KAROL
CHAIRPERSON
JANE M KAROL
SECRETARY
WILLIAM S KAROL
DIRECTOR
HOWARD COOPER
TREASURER
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025