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Nonprofit · EIN 95-4148078

KARNO FOUNDATION

Tax-exempt · ENCINO, CA 91436

Financials

$0$60K2024$0$47K2025
Revenue Expenses · by fiscal year end
Financials of KARNO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$0$46,545-$46,545$98,065$0$98,065
December 31, 2024990-PF$0$60,095-$60,095$144,610$0$144,610
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Expenses

Grants and similar amounts paid
$46,500
Disbursements for charitable purposes
$46,545

Balance sheet and other

Total assets, start of year
$144,610
Total assets, end of year
$98,065
Total liabilities, end of year
$0
Net assets, end of year
$98,065
Fair market value of assets
$98,065
Qualifying distributions
$46,545

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Norton S Karno
4226 Clear Valley Drive, Encino, CA 91436
President0$0
Cory Sukert
5 Tidecrest, Newport Coast, CA 92657
Secretary0$0
Cory Sukert
5 Tidecrest, Newport Coast, CA 92657
Director0$0
Valerie Karno
619 Amalfi, Pacific Palisades, CA 90272
Director0$0
Norton S Karno
4226 Clear Valley, Encino, CA 91436
Director0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Norton S Karno
4226 Clear Valley Drive, Encino, CA 91436
President0$0
Loretta Karno
4226 Clear Valley Drive, Encino, CA 91436
Secretary0$0
Marty Leffler
16501 Ventura Blvd 501, Encino, CA 91436
Director0$0
Cory S Sukert
5 Tidecrest, Newport Coast, CA 92657
Director0$0

Address and contacts

Address (IRS master file)
16255 VENTURA BLVD STE 1200, ENCINO, CA 91436-2320
Signed the 990-PF
Norton S Karno, President
Phone
(818) 981-3400

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4148078 or by the name KARNO FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
95-4148078
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$98,065
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$0$46,545$98,065IRS
990-PFDecember 2024$0$60,095$144,610XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4148078).

Questions about KARNO FOUNDATION

What is the EIN of KARNO FOUNDATION?
The employer identification number (EIN) of KARNO FOUNDATION is 95-4148078.
Is KARNO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to KARNO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KARNO FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KARNO FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARNO FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KARNO FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does KARNO FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $0, expenses of $46,545 and total assets of $98,065 at year end.

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