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

Facebook

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We are so happy for our friends, Romy & Gaby and the great work they and the Gary Sinise Foundation do for other humans! 🇺🇸 ... See MoreSee Less

The work that Building Homes For Heroes does is amazing and KFF is very proud to partner with them.Special thanks to the Karpus Family Foundation for your continued support of Building Homes for Heroes. Your generosity has helped us change the lives of our nation’s severely wounded heroes. Together we are making a difference! ❤️🇺🇸

#KarpusFamilyFoundation #KarpusFamily #GivingBack
... See MoreSee Less

The work that Building Homes For Heroes does is amazing and KFF is very proud to partner with them.

Comment on Facebook

We couldn't be more grateful for your support, Karpus Family Foundation. ❤️🇺🇸

Great to see the foundation is doing a n awesome job.

Wonderful!!!! 💕💕💕

Awesome 👏🙏🙏

Director Joan Riesenberger and her daughter, Adeline are both volunteer coaches for the Rochester Area Girls on the Run program. They are very proud to present a gift on behalf of KFF to this amazing program. ... See MoreSee Less

Director Joan Riesenberger and her daughter, Adeline are both volunteer coaches for the Rochester Area Girls on the Run program. They are very proud to present a gift on behalf of KFF to this amazing program.

Comment on Facebook

Congratulations, Girls On The Run!!!

Nice work Joan and Adeline!

We are so grateful!

Good Job Girls!

That is so wonderful!

Awesome 👏 thank you Karpus Family Foundation 🥰

Amazing!

Amazing! ❤️

Hard work pays off!

Joshua Orr

View more comments

3 months 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

Our Board

George Karpus

PRESIDENT
✉️ [email protected]

Kathy Karpus

VICE PRESIDENT / SECRETARY
✉️ [email protected]

Rodd Riesenberger

TREASURER

✉️[email protected]

Paul Lipari

DIRECTOR

✉️
[email protected]

Tony Mirrione

DIRECTOR

✉️ [email protected]

Joan Riesenberger

DIRECTOR

✉️ [email protected]

Gerry Wenzke

DIRECTOR

✉️ [email protected]

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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Recipients
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Donations

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