Peter And Linda Karmin Family Foundation

Highland Park, IL
Tax-exempt since Sept. 2008
EIN: 26-1604639

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$41.3k (2024)

Expenses

$69.4k (2024)

Total Assets

$602k (2024)

Total Liabilities

$63.9k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$41,272

Expenses

$69,416

Net Income

-$28,144

Net Assets

$537,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,783	14.0%
Dividends	$16,385	39.7%
Sales of Assets	$0
Other Income	$19,104	46.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$66,671	96.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$601,766
Total Liabilities	$63,879
Net Assets	$537,887

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Aug. 5, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$8,048

Expenses

$53,097

Net Income

-$45,049

Net Assets

$566,031

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,842	47.7%
Dividends	$12,762	> 100%
Sales of Assets	-$22,695
Other Income	$14,139	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,200	83.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$629,909
Total Liabilities	$63,878
Net Assets	$566,031

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Oct. 21, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$120,121

Expenses

$63,224

Net Income

$56,897

Net Assets

$611,080

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,885	1.6%
Dividends	$10,881	9.1%
Sales of Assets	$79,787	66.4%
Other Income	$27,568	23.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$56,625	89.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$675,358
Total Liabilities	$64,278
Net Assets	$611,080

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Aug. 24, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$112,191

Expenses

$20,895

Net Income

$91,296

Net Assets

$554,183

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,288	1.1%
Dividends	$8,347	7.4%
Sales of Assets	$87,921	78.4%
Other Income	$14,635	13.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,850	85.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$620,856
Total Liabilities	$66,673
Net Assets	$554,183

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on May 24, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

-$44,601

Expenses

$33,816

Net Income

-$78,417

Net Assets

$462,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,047
Dividends	$9,097
Sales of Assets	$0
Other Income	$2,381

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,800	91.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$529,597
Total Liabilities	$66,710
Net Assets	$462,887

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Sept. 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$12,762

Expenses

$37,551

Net Income

-$24,789

Net Assets

$541,304

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,436	58.3%
Dividends	$16,079	> 100%
Sales of Assets	$0
Other Income	-$275

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$30,800	82.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$599,178
Total Liabilities	$57,874
Net Assets	$541,304

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on June 22, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$258,143

Expenses

$48,370

Net Income

$209,773

Net Assets

$564,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,297	1.7%
Dividends	$10,588	4.1%
Sales of Assets	$234,234	90.7%
Other Income	$9,024	3.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,525	79.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$609,305
Total Liabilities	$45,231
Net Assets	$564,074

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Aug. 29, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Revenue

$181,704

Expenses

$38,093

Net Income

$143,611

Net Assets

$354,301

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$107,776	59.3%
Interest Revenue	$396	0.2%
Dividends	$8,118	4.5%
Sales of Assets	$64,087	35.3%
Other Income	$1,327	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,000	86.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$442,940
Total Liabilities	$88,639
Net Assets	$354,301

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Aug. 30, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$39,210

Expenses

$38,037

Net Income

$1,173

Net Assets

$210,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$371	0.9%
Dividends	$7,250	18.5%
Sales of Assets	$31,570	80.5%
Other Income	$19	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,800	91.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$288,139
Total Liabilities	$77,449
Net Assets	$210,690

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on July 13, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$22,716

Expenses

$49,549

Net Income

-$26,833

Net Assets

$207,737

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$110	0.5%
Dividends	$10,185	44.8%
Sales of Assets	$12,421	54.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,251	87.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$260,625
Total Liabilities	$52,888
Net Assets	$207,737

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Aug. 9, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$8,048

Expenses

$48,567

Net Income

-$40,519

Net Assets

$228,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$384	4.8%
Dividends	$11,803	> 100%
Sales of Assets	-$4,139
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$41,510	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$262,432
Total Liabilities	$34,030
Net Assets	$228,402

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Sept. 1, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$14,796

Expenses

$44,822

Net Income

-$30,026

Net Assets

$272,197

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$677	4.6%
Dividends	$9,348	63.2%
Sales of Assets	$4,771	32.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,090	87.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$279,953
Total Liabilities	$7,756
Net Assets	$272,197

Compensation

Key Employees and Officers	Compensation	Other
Peter Karmin (Trustee)	$0	$0
Linda Karmin (Trustee)	$0	$0

990-PF

Filed on Sept. 2, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$15,440

Expenses

$36,283

Net Income

-$20,843

Net Assets

$327,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,339	15.1%
Interest Revenue	$8,566	55.5%
Dividends	$0
Sales of Assets	$4,535	29.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,850	93.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$327,147
Total Liabilities	$0
Net Assets	$327,147

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$11,673

Expenses

$30,228

Net Income

-$18,555

Net Assets

$358,689

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,509	21.5%
Dividends	$7,275	62.3%
Sales of Assets	$1,557	13.3%
Other Income	$332	2.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,000	92.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$358,689
Total Liabilities	$0
Net Assets	$358,689

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Updated March 23, 2026

Peter And Linda Karmin Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $41.3k (2024)

Expenses $69.4k (2024)

Total Assets $602k (2024)

Total Liabilities $63.9k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Revenue

$41.3k (2024)

Expenses

$69.4k (2024)

Total Assets

$602k (2024)

Total Liabilities

$63.9k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007