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THE KARMA FOUNDATION

PRINCETON, NJ 223478433 WWW.KARMAFOUNDATION.ORG

The Karma Foundation, located in Princeton, NJ, supports diverse causes such as youth, health, and arts across the US, with assets of over $5 million and key figures like Sharon Karmazin and Dina K. Elkins leading its efforts.

Overview

About THE KARMA FOUNDATION

The Karma Foundation, based in Princeton, NJ, is a philanthropic organization with assets totaling $5,103,837. It focuses on a wide range of subject areas including children and youth, economically disadvantaged people, arts and culture, education, health, and religion, particularly Judaism. The foundation supports various communities across the United States, including cities like New York, Philadelphia, and Salt Lake City. In the fiscal year, it reported expenses of $506,439 and revenue of $326,513. Key personnel include Sharon Karmazin as President, Dina K. Elkins as Executive Director, and Craig Karmazin as Trustee. The foundation is committed to supporting initiatives that benefit children, low-income individuals, and people with disabilities, among others.

Focus Areas

Children and youthChildrenAdolescentsEconomically disadvantaged peopleHomeless peopleLow-income peoplePeople with disabilitiesPeople with psychosocial disabilitiesArts and cultureEducationHealthDiseases and conditionsBrain and nervous system disordersAutismReligionJudaismHuman services- Less

Geographic Focus

CADCMAMDNJNYPATXUTWI
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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $5.1M
Total Awarded This Year $270K
Average Grant Size $11K
Total Grants (Previous Year) 3,385
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
PRINCETON, NJ US
Geographic Funding Distribution

Financials

Total Assets
$5,103,837

in 2024, compared to $5,278,622 in 2023

Annual Grants
$269,596

25 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$116,355SEE ATTACHED STATEMENT ACHARITABLE PURPOSESSEE ATTACHED STATEMENT A PRINCETON, NJ US2022
$70,000GEORGE STREET PLAYHOUSEGENERAL SUPPORT11 LIVINGSTON AVENUE NEW BRUNSWICK, NJ US2023
$65,220GEORGE STREET PLAYHOUSEGENERAL SUPPORT11 LIVINGSTON AVENUE NEW BRUNSWICK, NJ US2024
$33,600BILDNER CENTER - RUTGERS UNIVERSITYGENERAL SUPPORT93 COLLEGE AVENUE NEW BRUNSWICK, NJ US2024
$32,000CHILDREN'S RADIOTHONGENERAL SUPPORT205 W 700 S SALT LAKE CITY, UT US2023
$30,000BILDNER CENTER - RUTGERS UNIVERSITYGENERAL SUPPORT93 COLLEGE AVENUE NEW BRUNSWICK, NJ US2023
$30,000WBEVWXRO CHILDREN'S RADIOTHONGENERAL SUPPORT301 W WISCONSIN AVE SUITE 200 MILWAUKEE, WI US2024
$20,000CHILDREN'S SPECIALIZED HOSPITALGENERAL SUPPORT200 SOMERSET STREET NEW BRUNSWICK, NJ US2024
$15,000CENTER FOR CREATIVE CHANGEGENERAL SUPPORT4115 WISCONSIN AVENUE NW WASHINGTON, DC US2024
$15,000CENTER FOR INDEPENDENT DOCUMENTARYGENERAL SUPPORTPO BOX 95216 NEWTON, MA US2024
41 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
DKE
DINA K ELKINS
EXECUTIVE DIRECTOR$1246052022
DKE
DINA K ELKINS
EXECUTIVE DIRECTOR$1199902023
DKE
DINA K ELKINS
EXECUTIVE DIRECTOR$1199902024
SK
SHARON KARMAZIN
PRESIDENT$02022
CK
CRAIG KARMAZIN
TRUSTEE$02022
SK
SHARON KARMAZIN
PRESIDENT$02023
CK
CRAIG KARMAZIN
TRUSTEE$02023
SK
SHARON KARMAZIN
PRESIDENT$02024
CK
CRAIG KARMAZIN
TRUSTEE$02024
9 row(s) total.

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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