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THE HOLLYHOCK FOUNDATION INC

New york, NY Tax ID: 54-2091336

The Hollyhock Foundation Inc, based in New York, is a private foundation with over $723 million in assets, funding various initiatives across the U.S., led by Robert and Suzanne Karr, and operates without a public website.

About THE HOLLYHOCK FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Hollyhock Foundation Inc is a private foundation based in New York, NY, with significant assets totaling over $723 million. Despite its large asset base, the foundation's revenue is relatively low at approximately $2.9 million, while its expenses are significantly higher at around $35 million. The foundation is involved in funding initiatives across various cities and states in the United States, including major cities like New York, San Francisco, and Chicago. The foundation does not have a public website, and its leadership includes Robert Karr as President and Suzanne Karr as Vice President, both of whom work voluntarily without compensation. The foundation supports a wide range of geographic areas but does not specify particular subject areas of focus.

Focus Areas

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Geographic Focus

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Key Statistics
Total Assets $723.0M
Total Awarded This Year $32.9M
Average Grant Size $3K
Total Grants (Previous Year) 7,167
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$723.0M

+2.6% from previous year

Annual Grants
$32.9M

41 grants awarded in 2024

Expense Ratio
1204.9%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$25,950,000SCHWAB FUND FOR CHARITABLE GIVINGDONOR ADVISED FUND FUTURE DISTRIBUTIONS TO PUBLIC CHARITIESOrlando, FL, US2022
$19,600,000SCHWAB FUND FOR CHARITABLE GIVINGCHARITABLE GIVINGOrlando, FL, US2023
$16,475,000JP MORGAN CHARITABLE GIVING FUND501C3 DONOR ADVISED FUNDJenkinstown, PA, US2024
$3,611,230UNCOMMON SCHOOLSHS 2.0 AND MUSICNew york, NY, US2024
$1,757,400UNCOMMON SCHOOLSSUPPORT FOR HIGH SCHOOL 2.0 AND MUSIC EDUCATIONNew york, NY, US2023
$1,756,000STANFORD GRADUATE SCHOOL OF EDUCATIONHOLLYHOCK FELLOWSStanford, CA, US2023
$1,696,325TEACHING LABNYC K-2 LITERACY PD & COACHINGWashington, DC, US2024
$1,548,250TEACHING LABNYC K-2 LITERACY PD & COACHINGWashington, DC, US2023
$1,500,000MULTIPLIERCLEAN GRID INITIATIVESan francisco, CA, US2024
$1,500,000ROBIN HOODGENERAL OPERATING FOR BASIC NEEDSNew york, NY, US2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

RK

ROBERT KARR

PRESIDENT

$0 2024
SK

SUZANNE KARR

VICE PRESIDENT

$0 2024
TK

TIMOTHY K MCMANUS

SEC/TREAS

$0 2024
JK

JAMES KARR

DIRECTOR

$0 2024
Showing 4 of 4 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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