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Karen Carns Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421552724 ✦ Mason, OH ✦ Designated as a 501(c)(3)

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Overview

What is Karen Carns Foundation?

The Karen Carns Foundation is a charitable organization situated in Mason, Ohio. Its primary mission is to ensure that children experiencing financial hardships due to unforeseen family circumstances do not have to leave their private elementary or high school education. In 2018, the foundation provided tuition assistance to 33 such students across various schools. Additionally, the foundation distributes new winter coats to children in need, aiming to maintain their warmth and comfort during the colder months. The foundation's activities are centered around offering financial assistance and scholarships to students in need, demonstrating its commitment to supporting children's education in challenging circumstances.


Official website here: www.karencarnsfoundation.org

Is Karen Carns Foundation legitimate?

Karen Carns Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karen Carns Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,500

For more financial information, click here


Official website here: www.karencarnsfoundation.org

What is the mission statement of Karen Carns Foundation?

The Karen Carns Foundation's mission is centered around providing assistance to students in need and ensuring they can continue their education in a private elementary or high school, even in the face of financial hardships. The organization offers financial aid and scholarships to eligible students. Moreover, the foundation provides new winter coats to children who are in need of them. In 2018, 33 students benefited from the foundation's tuition assistance program at various schools.


Official website here: www.karencarnsfoundation.org

What is the revenue of Karen Carns Foundation?

Karen Carns Foundation's revenue in 2023 was $281,181.


Official website here: www.karencarnsfoundation.org

Who are the executives of Karen Carns Foundation and what are their salaries?

Here are 4 key members and their salaries:


Tom Carns (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hengehold (Legal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Kelly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Wallander (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.karencarnsfoundation.org

Where can I find the form 990 for Karen Carns Foundation?

Karen Carns Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.karencarnsfoundation.org

Learn more at the official website: www.karencarnsfoundation.org

Mission Statement of Karen Carns Foundation

The Karen Carns Foundation, named after its benefactor, is committed to providing financial assistance and scholarships to students in need, ensuring they can continue their education in a private elementary or high school, regardless of any life-altering events that may impact their family's financial situation. Additionally, the foundation strives to provide new winter coats to children in need, ensuring they are well-equipped for the colder seasons. In 2018, the foundation aided 33 students by providing tuition assistance across various schools. Through its mission, the Karen Carns Foundation aims to support the education and well-being of children, alleviating the financial burden caused by unforeseen circumstances and ensuring they have access to essential winter clothing.

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Impact




October, 2024

The Karen Carns Foundation significantly impacts the lives of students and families in Mason, Ohio, by eliminating financial barriers to education. It provides crucial financial assistance and scholarships to students facing life-changing events that threaten their ability to continue attending private elementary or high school. In 2018 alone, 33 students benefited from tuition assistance, enabling them to maintain their educational environment and avoid disruption in their academic journey.

Additionally, the foundation addresses the immediate needs of children during winter by providing new winter coats, ensuring they stay warm and supported throughout the season. This dual approach not only secures educational access but also fosters a sense of stability and community for families navigating tough times. The foundation’s commitment to the well-being of students in need embodies its mission to create an uninterrupted path to education, allowing children to thrive academically and personally despite their circumstances.




This information is meant to be a general summary of Karen Carns Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$281,181 (2023)
Expenses
$121,039 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $317,668

Assets and Liabilities:

  • Total Assets: $581,648
  • Total Liabilities: $0
  • Net Assets: $581,648

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Organization Details

Founding Year

2004

Principal Officer

Jim Kelly

NTEE Category

Code: P12 - Human services

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