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Also known as: C/O KB FINANCIAL ADVISORY PARTNERS LLC
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Corabelle Lumps Foundation is a private trust based in PRINCETON, NJ. The foundation received its IRS ruling in 2008. The principal officer is C Morganstein The Ayco Company Lp. It holds total assets of $223.5M. Annual income is reported at $84.8M. Total assets have grown from $32.4M in 2011 to $180.2M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Corabelle Lumps Foundation has made 7 grants totaling $32.5M, with a median grant of $3.8M. Annual giving has grown from $8.8M in 2021 to $13.2M in 2023. Individual grants have ranged from $2.5M to $8M, with an average award of $4.6M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Corabelle Lumps Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA, NY.
Corabelle Lumps Foundation has distributed a total of $32.5M across 7 grants. The median grant size is $3.8M, with an average of $4.6M. Individual grants have ranged from $2.5M to $8M.
Corabelle Lumps Foundation typically selects its grantees rather than accepting unsolicited proposals.
Corabelle Lumps Foundation is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anne Dinning | TRUSTEE | $0 | $0 | N/A |
Total Giving
$13.4M
Total Assets
$180.2M
Fair Market Value
$351.1M
Net Worth
$180.2M
Grants Paid
$13.2M
Contributions
$30M
Net Investment Income
$3.5M
Distribution Amount
$15.5M
Total: $123.5M
Total Grants
7
Total Giving
$32.5M
Average Grant
$4.6M
Median Grant
$3.8M
Unique Recipients
3
Most Common Grant
$3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Partners In Health A Nonprofit CorporationPHILANTHROPIC | Boston, MA | $8M | 2023 |
| Robin Hood FoundationPHILANTHROPIC | New York, NY | $2.7M | 2023 |
| Natural Resources Defense CouncilPHILANTHROPIC | New York, NY | $2.5M | 2023 |