Karakin Foundation is a charitable organization in Abilene, Texas. Its tax id (EIN) is 75-2692023. It was granted tax-exempt status by IRS in May, 1997. For detailed information such as income and other financial data of Karakin Foundation, refer to the following table.
| Organization Name | Karakin Foundation |
|---|---|
| Tax Id (EIN) | 75-2692023 |
| Address | 400 Pine St Ste 900, Abilene, TX 79601-5141 |
| In Care of Name | Atkinson & Co Ltd |
| All tax-exempt organizations in zip code 79601 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| December, 2012 | $43,736,179 | $28,432,391 | $0 |
| December, 2013 | $49,027,785 | $24,709,923 | $0 |
| December, 2014 | $55,805,328 | $17,932,799 | $0 |
| December, 2015 | $57,096,292 | $15,092,666 | $0 |
| December, 2016 | $62,503,414 | $34,074,812 | $0 |
| December, 2017 | $72,283,721 | $20,172,767 | $0 |
| December, 2018 | $83,249,448 | $36,632,115 | $0 |
| December, 2019 | $113,524,709 | $31,019,363 | $0 |
| December, 2020 | $119,457,630 | $37,522,630 | $0 |
| December, 2021 | $132,653,937 | $48,678,230 | $0 |
| December, 2022 | $145,162,912 | $47,674,015 | $0 |
| December, 2023 | $185,140,803 | $108,645,269 | $0 |
| IRS Exempt Status Ruling Date | May, 1997 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Philanthropy, Voluntarism and Grantmaking Foundations |
| Tax Exempt Activity | Private Independent Foundations |
| NTEE Code | T22 |
| Organization's purposes, activities, & operations |
Gifts, grants, or loans to other organizations
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Private non-operating foundation |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 - Not required to file (all other) |
| Private Foundation Filing Requirement | Need to file 990-PF return |
| Asset Range Reported on Form 990 | $50,000,000 to greater |
| Income Range Reported on Form 990 | $50,000,000 to greater |
| Accounting Period | 12 |