The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2024EIN 56-6058576

Karyae Benevolent Foundation

A private foundation in Charlotte, NC. Its return for tax year 2024 lists 18 grants and $18,801 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), 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

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $18,801

    Grants listed
    18
    Assets, end of year
    $470,775
  • Tax year 2023

    $18,400

    Grants listed
    18
    Assets, end of year
    $474,442
  • Tax year 2022

    $17,200

    Grants listed
    12
    Assets, end of year
    $478,513
  • Tax year 2021

    $11,000

    Grants listed
    10
    Assets, end of year
    $389,645
  • Tax year 2020

    $11,000

    Grants listed
    21
    Assets, end of year
    $386,790
  • Tax year 2019

    $11,000

    Grants listed
    21
    Assets, end of year
    $391,769
  • Tax year 2018

    $18,000

    Grants listed
    31
    Assets, end of year
    $385,941

Grants paid in 2024

18 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Educational scholarship

    $1,090
  2. Individual

    Educational scholarship

    $1,090
  3. Individual

    Educational scholarship

    $1,090
  4. Individual

    Educational scholarship

    $1,090
  5. Individual

    Educational scholarship

    $1,090
  6. Individual

    Educational scholarship

    $1,090
  7. Individual

    Educational scholarship

    $1,090
  8. Individual

    Educational scholarship

    $1,090
  9. Individual

    Educational scholarship

    $1,090
  10. Individual

    Educational scholarship

    $1,090
  11. Individual

    Educational scholarship

    $1,090
  12. Individual

    Educational scholarship

    $1,090
  13. Individual

    Educational scholarship

    $1,090
  14. Individual

    Educational scholarship

    $1,090
  15. Individual

    Educational scholarship

    $1,090
  16. Individual

    Educational scholarship

    $1,090
  17. Individual

    Educational scholarship

    $1,090
  18. Individual

    Religious contribution

    $271

Officers, directors and trustees

4 people as filed

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

  • Elaine Vastis ContiPRESIDENT Hours 1Pay $0
  • Angelo MergelosTREASURER Hours 1Pay $0
  • Jamie Tsoulos JonesVICE PRESIDENT Hours 1Pay $0
  • Helen MoffatSECRETARY Hours 1Pay $0

The return

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  2. Bennett Lillie Mem FoundationWadesboro, NC 7 grants Preselected only $19,000 giving
  3. HG Ray Sr FoundationHighlands, NC 6 grants Accepts applications $19,000 giving
  4. Lynns Love Story FoundationWilmington, NC 2 grants Preselected only $19,025 giving
  5. Rockys Collective IncAsheville, NC 1 grant Preselected only $18,565 giving