The Karpus Family Foundation

Helping people and animals in need through pride in work and education.

OUR PURPOSE

The Foundation is organized and shall be operated exclusively for charitable, scientific, literary or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the “Code”). In particular, the Foundation is organized to accept, hold, administer and distribute such funds as may from time to time be contributed to the Foundation for charitable, scientific, literary or educational purposes as determined by the Foundation’s Board of Directors, all within the meaning of Section 501(c)(3) of the Code, including:

1.

Training and assisting disabled individuals and disabled armed forces veterans to become productive workers and lead productive lives.

 

2.

Preventing the abuse to women and children and providing medical and health services to such abused women and children who cannot otherwise afford it.

3.

Fostering the role of education in preventing community violence and reducing the threat of criminals to society.

 

4

Preventing cruelty to animals and caring of displaced animals; provided, however, that no support shall be provided to medical charities that cause suffering to animals.

5.

Providing anti-abortion incentives and right to life education to the general Christian/Judeo public.

6.

Supporting medical institutions that provide leading edge treatment and research.

7.

Providing educational assistance in the form of grants and scholarships to individuals of a charitable class, provided, however that grants or scholarships shall not be awarded either to individuals who are employed by the Foundation or to the children of individuals who are employed by the Foundation.

8.

Supporting organizations that promote: sound, conservative economic principals and education, free markets, capitalism, and the United States Constitution.
George Karpus, Karpus Family Foundation

FOUNDER’S LETTER

I come from a rather humble background. My father was a sixth grade educated Pennsylvania coal miner who suffered a crushed pelvis in the mines and then worked in a sheltered work shop in Binghamton, NY later in life. My mother worked in a factory putting jackets on books. Together, they never made $20,000 in any year. My father taught me work ethic and to never quit. My mother taught me how to save and manage a budget

Armed with a strong foundation from my parents, educational experiences at St. Lawrence and Rensselaer Polytechnic Institute, and valuable early career experiences at Bache & Co., Shearson Hayden-Stone, and Marine Midland Bank, I was able to start Karpus Investment Management in May of 1986. Thirty years ago, I could never have imagined the success that we have achieved. To me, life is all about friends, family and helping those in need.

Therefore, I have started The Karpus Family Foundation, a not-for-profit 501(c)(3) corporation, with an emphasis on helping people and animals in need. Promoting education is also a goal, with the ultimate objective of helping people live a productive life. My father never realized that the sheltered workshop where he worked was subsidized by donations. He took pride in the fact that he was working and earning a paycheck. This pride and sense of satisfaction is something I hope to rekindle in people who benefit from the Karpus Family Foundation.

Sincerely,

George W Karpus Signature

 

 

George W. Karpus
President of the Karpus Family Foundation

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2 weeks ago
Karpus Family Foundation

George and Rodd had the honor and pleasure of visiting our friends Gaby and Romy Camargo at “Stay In Step” in Tampa. They are amazing Americans and have sacrificed so much for our great country. KFF is proud to partner with them and the great work they do. 🇺🇸 ... See MoreSee Less

George and Rodd had the honor and pleasure of visiting our friends Gaby and Romy Camargo at “Stay In Step” in Tampa. They are amazing Americans and have sacrificed so much for our great country. KFF is proud to partner with them and the great work they do. 🇺🇸

Comment on Facebook

You guys are amazing! Keep up the great work!

Awesome 👏

Wonderful!

Outstanding!

The Karpus Family Foundation is very proud to partner with many other great Rochester based philanthropic organizations in support of Junior Achievement of Central Upstate New York. JA is building this amazing brand new facility in the old Kodak gymnasium right here in ROC!
13wham.com/news/local/new-education-center-planned-in-rochester
... See MoreSee Less

The Karpus Family Foundation is very proud to partner with many other great Rochester based philanthropic organizations in support of Junior Achievement of Central Upstate New York. JA is building this amazing brand new facility in the old Kodak gymnasium right here in ROC!
https://13wham.com/news/local/new-education-center-planned-in-rochester

Comment on Facebook

👏👏👏awesome

KFF is proud to help the world where we can and encourage you to join us in supporting UNICEF. God bless the good people of Ukraine in their fight for their lives, their nation and their freedom of Democracy. 🇺🇦

youtu.be/suyLJCs2K3M
... See MoreSee Less

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Comment on Facebook

The Karpus Family Foundation is proud to support amazing organizations like Girls on the Run of Greater Rochester!We are sending a huge energy award to the Karpus Family Foundation for awarding our council a grant to be used for program scholarships, to ensure that girls in the Rochester area can participate in Girls on the Run regardless of financial barriers! Thank you for helping girls discover their limitless potential!💛 ... See MoreSee Less

The Karpus Family Foundation is proud to support amazing organizations like Girls on the Run of Greater Rochester!

KFF is proud to partner with Focus Pregnancy Center and Caring Choices Pregnancy Help Center to provide state of the art medical care for pregnant women and save the lives of unborn children. After a very successful partnership with Oklahoma Wesleyan University in the purchase of their Save the Storks van, we have helped to place one right here in Rochester.

caringchoicesphc.com/images/Catholic_Courier_Article_MMU_1112021.pdf
... See MoreSee Less

KFF is proud to partner with Focus Pregnancy Center and Caring Choices Pregnancy Help Center to provide state of the art medical care for pregnant women and save the lives of unborn children. After a very successful partnership with Oklahoma Wesleyan University in the purchase of their Save the Storks van, we have helped to place one right here in Rochester.

https://caringchoicesphc.com/images/Catholic_Courier_Article_MMU_1112021.pdf

Comment on Facebook

That is amazing. Awesome news Karpus Family Foundation

I would like to thank our good friend, Stacey Eaton for introducing us to CompassCare Community in Rochester. With God's help, she graciously guided us to all of these organizations and we can't thank her enough for helping save lives.

Fantastic!

Merry Christmas from our family to yours. 🎄 ... See MoreSee Less

Comment on Facebook

Merry Christmas!🎅🎄

Our Board

George Karpus

PRESIDENT
✉️ george@karpusfamilyfoundation.org

Kathy Karpus

VICE PRESIDENT / SECRETARY
✉️ kathy@karpusfamilyfoundation.org

Rodd Riesenberger

TREASURER

✉️rodd@karpusfamilyfoundation.org

Paul Lipari

DIRECTOR

✉️
paul@karpusfamilyfoundation.org

Tony Mirrione

DIRECTOR

✉️ tony@karpusfamilyfoundation.org

Joan Riesenberger

DIRECTOR

✉️ joan@karpusfamilyfoundation.org

Gerry Wenzke

DIRECTOR

✉️ gerry@karpusfamilyfoundation.org

GRANT RECIPIENTS

We have had the privilege of working with over 30 nonprofit organizations, including…
Miracle Field
Building Homes for Heroes
Camp Good Days
Gigis Playhouse
Veterans Outreach Center
Home Base
Webster Association of Senior Program Supporters (WASPS)
Heritage Home for Women
Angels of Mercy

EDWINS
Cameron Communit
Ministries

Humane Society of Rochester
Homeless Hounds
Satchel’s Last Resort
Puppies Behind Bars
Focus Pregnancy Help Center
Alliance Defending Freedom
Caring Choices Pregnancy Help Center
NET Research Foundation
Cancer Alliance of Naples
Hope Hall
Friends of Breakthrough Schools
Immokalee Foundation
Eagle Forum Foundation
Leadership Institute
Media Research Center
Daily Caller
Judicial Watch
Prager University Foundation
Project Veritas

Our Donations

In addition to the statistics below, we manage the “Karpus Fund” through the Rochester Area Community Foundation. Our yearly goal is to donate $1,000,000 through the RACF in addition to $1,000,000 through KFF.
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