The Wisconsin State Capitol

Form 990-PFTax year 2025EIN 20-0350673

The Karol Fund

A private foundation in Fox Point, WI. Its return for tax year 2025 lists 13 grants and $245,000 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Edward P Mooney Jr
7038 North Beach Drive
Fox Point, WI 53217
(414) 228-5124
Form and materials
Applications should be typed and include name, address, and phone number of individual submitting the grant request.
Deadlines
None
Restrictions
No distributions shall be made to organizations with beliefs in conflict with the holy roman catholic church. Specifically, and without limitation, no grants shall be made to organizations that support abortion, euthanasia, or capital punishment.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $245,000

    Grants listed
    13
    Assets, end of year
    $134,210
  • Tax year 2024

    $750,000

    Grants listed
    14
    Assets, end of year
    $11,046
  • Tax year 2023

    $255,000

    Grants listed
    13
    Assets, end of year
    $116,943
  • Tax year 2022

    $247,500

    Grants listed
    16
    Assets, end of year
    $235,026
  • Tax year 2021

    $230,500

    Grants listed
    13
    Assets, end of year
    $392,491
  • Tax year 2020

    $185,000

    Grants listed
    11
    Assets, end of year
    $647,895

Grants paid in 2025

13 grants, largest first

As listed on the return.

  1. St Francis de Sales Seminary - Annual AppealSt Francis, WI

    Annual support

    $50,000
  2. Archdiocese of Milwaukee - Stewardship AppealMilwaukee, WI

    Annual support

    $40,000
  3. Archdiocese of Milwaukee - Love One Another Capital CampaignMilwaukee, WI

    Annual support

    $30,000
  4. Boston College - Institute for Advanced Jesuit StudiesChestnut Hill, MA

    Annual support

    $25,000
  5. Seton Catholic SchoolsMilwaukee, WI

    Annual support

    $25,000
  6. Milwaukee Catholic HomeMilwaukee, WI

    Annual support

    $25,000
  7. Divine Savior Holy Angels - Forward in Faith Capital CampaignMilwaukee, WI

    Annual support

    $20,000
  8. Archdiocese of Milwaukee - Catholic Schools DinnerMilwaukee, WI

    Annual support

    $10,000
  9. Greensburg Central Catholic SchoolGreensburg, PA

    Annual support

    $5,000
  10. St Josephat Basilica FoundationMilwaukee, WI

    Annual support

    $5,000
  11. Women's Support Center of MilwaukeeMilwaukee, WI

    Annual support

    $5,000
  12. Milwaukee Rescue MissionMilwaukee, WI

    Annual support

    $2,500
  13. St Anthony SchoolMilwaukee, WI

    Annual support

    $2,500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services1 grant $25,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Wisconsin11 grants $215,000
  2. Massachusetts1 grant $25,000
  3. Pennsylvania1 grant $5,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Edward P Mooney JrTRUSTEE Hours 0.5Pay $0
  • Bridie Ann MooneyTRUSTEE Hours 0.5Pay $0

The return

More foundations

Similar foundations

Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Leffin Family Foundation IncLake Geneva, WI 5 grants Preselected only $245,000 giving
  2. Hwirwin & DCH Irwin FdnfergMilwaukee, WI 53 grants Accepts applications $243,500 giving
  3. Cloud Family Foundation IncDe Pere, WI 23 grants Preselected only $247,234 giving
  4. Lutsey Family FoundationEgg Harbor, WI 31 grants Accepts applications $242,400 giving
  5. William Stark Jones FoundationMilwaukee, WI 62 grants Preselected only $240,000 giving