Training and assisting disabled individuals and disabled armed forces veterans to become productive workers and lead productive lives.
Preventing the abuse to women and children and providing medical and health services to such abused women and children who cannot otherwise afford it.
Fostering the role of education in preventing community violence and reducing the threat of criminals to society.
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.
Providing anti-abortion incentives and right to life education to the general Christian/Judeo public.
Supporting medical institutions that provide leading edge treatment and research.
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.
George W. Karpus
President of the Karpus Family Foundation
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