The New Jersey State Capitol

Form 990-PFTax year 2025EIN 22-3478433

The Karma Foundation

A private foundation in Princeton, NJ. Its return for tax year 2025 lists 25 grants and $203,299 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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

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

    $203,299

    Grants listed
    25
    Assets, end of year
    $5,054,812
  • Tax year 2024

    $221,608

    Grants listed
    19
    Assets, end of year
    $4,988,398
  • Tax year 2023

    $269,596

    Grants listed
    25
    Assets, end of year
    $5,103,837
  • Tax year 2022

    $201,795

    Grants listed
    15
    Assets, end of year
    $5,278,622
  • Tax year 2021

    $116,355

    Grants listed
    In an attachment
    Assets, end of year
    $5,528,841
  • Tax year 2020

    $201,238

    Grants listed
    In an attachment
    Assets, end of year
    $5,300,153
  • Tax year 2019

    $251,186

    Grants listed
    In an attachment
    Assets, end of year
    $5,534,464
  • Tax year 2018

    $405,366

    Grants listed
    In an attachment
    Assets, end of year
    $5,365,062

Grants paid in 2025

25 grants, largest first

As listed on the return.

  1. George Street PlayhouseNew Brunswick, NJ

    General support

    $45,000
  2. Rutgers University Bildner CenterNew Brunswick, NJ

    General support

    $40,000
  3. Children's RadiothonNew York, NY

    General support

    $33,000
  4. New Jersey Library AssociationBordentown, NJ

    General support

    $18,375
  5. Center for Creative ChangeWashington, DC

    General support

    $15,000
  6. MatanWhite Plains, NY

    General support

    $10,000
  7. Elijah's PromiseNew Brunswick, NJ

    General support

    $6,545
  8. Paper Mill PlayhouseMillburn, NJ

    General support

    $5,669
  9. Rutgers HillelNew Brunswick, NJ

    General support

    $3,600
  10. Second Stage TheaterNew York, NY

    General support

    $3,546
  11. State Theatre of NJNew Brunswick, NJ

    General support

    $3,500
  12. Manhattan TheatreNew York, NY

    General support

    $3,200
  13. Roundabout TheatreNew York, NY

    General support

    $3,000
  14. The Public TheatreNew York, NY

    General support

    $3,000
  15. American Reperatory BalletNew Brunswick, NJ

    General support

    $2,500
  16. Dance PowerSecaucus, NJ

    General support

    $2,500
  17. Signature Theatre CompanyNew York, NY

    General support

    $1,250
  18. Anshe Emeth Memorial TempleNew Brunswick, NJ

    General support

    $850
  19. RaiserightKentwood, MI

    General support

    $735
  20. Irish Repertory TheatreNew York, NY

    General support

    $650
  21. Bnai IsraelMillburn, NJ

    General support

    $513
  22. New York City BalletNew York, NY

    General support

    $250
  23. Rutgers UniversityNew Brunswick, NJ

    General support

    $250
  24. SP 7 for All MankindNew York, NY

    General support

    $186
  25. Yiddish Book CenterAmherst, MA

    General support

    $180

Where the money goes

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

  1. Arts and culture4 grants $52,16970% of the total
  2. Education1 grant $15,00020% of the total
  3. Food and agriculture1 grant $6,5459% of the total
  4. Religion1 grant $8501% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Jersey12 grants $129,302
  2. New York10 grants $58,082
  3. District of Columbia1 grant $15,000
  4. Michigan1 grant $735
  5. Massachusetts1 grant $180

Officers, directors and trustees

3 people as filed

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

  • Sharon KarmazinPRESIDENT Hours 1Pay $0
  • Dina K ElkinsEXECUTIVE DIRECTOR Hours 35Pay $119,990
  • Craig KarmazinTRUSTEE Hours 1Pay $0

The return

More foundations

Similar foundations

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

  1. James P Geiss and Margaret Y Hsu Foundation IncPrinceton, NJ 18 grants Accepts applications $259,962 giving
  2. Joh Foundation IncPrinceton, NJ 8 grants Preselected only $154,000 giving
  3. The Olsen Foundation A New Jersey Nonprofit CorporationPrinceton, NJ 25 grants Accepts applications $120,000 giving
  4. The Len and Laura Berlik Foundation IncPrinceton, NJ 29 grants Preselected only $104,410 giving
  5. Leen Foundation IncPrinceton, NJ 16 grants Preselected only $102,600 giving