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Ernest A Koury Family Foundation Inc. is a private corporation based in BURLINGTON, NC. The foundation received its IRS ruling in 2004. The principal officer is % Richard J Tuggle. It holds total assets of $2.8M. Annual income is reported at $325K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ernest A Koury Family Foundation Inc. has made 40 grants totaling $543K, with a median grant of $8K. Annual giving has grown from $226K in 2021 to $317K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $14K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in North Carolina and New York. Contributions to this foundation are tax-deductible.
Ernest A Koury Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NC, NY.
Ernest A Koury Family Foundation Inc. has distributed a total of $543K across 40 grants. The median grant size is $8K, with an average of $14K. Individual grants have ranged from $1K to $50K.
Ernest A Koury Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ernest A Koury Family Foundation Inc. is headquartered in BURLINGTON, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Miltom E Petty | SEC/TREAS/DIRECTOR | $0 | $0 | $0 |
| Ernest A Koury Jr | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Bradford A Koury | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Teena M Koury | VICE PRESIDENT/DIRECTOR | $0 | $0 | $0 |
Total Giving
$170K
Total Assets
$2.9M
Fair Market Value
$2.9M
Net Worth
$2.9M
Grants Paid
$155K
Contributions
$0
Net Investment Income
$107K
Distribution Amount
$145K
Total: $196K
Total Grants
40
Total Giving
$543K
Average Grant
$14K
Median Grant
$8K
Unique Recipients
18
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nc Marine & Estuary FoundationTO AID IN ORGANIZATION'S PROGRAMS. | Raleigh, NC | $40K | 2022 |
| Elon UniversityEDUCATION AND TO FUND SCHOLARSHIPS. | Elon, NC | $25K | 2022 |
| Nc State Veterinary Medical FoundationEDUCATION AND TO FUND SCHOLARSHIPS. | Raleigh, NC | $25K | 2022 |
| Burlington Christian AcademyTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $15K | 2022 |
| The Burlington SchoolEDUCATION. | Burlington, NC | $15K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Salvation Army Boys & Girls ClubTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $10K | 2022 |
| Alamance County Silent Witness Program CrimestoppersTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $5K | 2022 |
| Alamance Regional Charitable FoundationTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $5K | 2022 |
| Western Alamance High SchoolTO AID IN ORGANIZATION'S PROGRAMS. | Elon, NC | $5K | 2022 |
| Pet Adoption And Welfare SocietyTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $5K | 2022 |
| Positive Attitude Youth CenterTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $5K | 2022 |
| Peg'S PjsTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $4K | 2022 |
| North Carolina Wildlife Habitat FoundationTO AID IN ORGANIZATION'S PROGRAMS. | Greensboro, NC | $25K | 2021 |
| Blessed Sacrament ChurchTO AID IN ORGANIZATION'S PROGRAMS. | Graham, NC | $13K | 2021 |
| Alamance-Burlington School System Elon Elementary Garden FundTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $5K | 2021 |
| Western Alamance Zone Band BoostersTO AID IN ORGANIZATION'S PROGRAMS. | Elon, NC | $5K | 2021 |
| Ralph Scott LifeservicesTO AID IN ORGANIZATION'S PROGRAMS. | Burlington, NC | $2K | 2021 |
| Leukemia & Lymphoma SocietyTO AID IN ORGANIZATION'S PROGRAMS. | Rye Brook, NY | $1K | 2021 |
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