Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ida C Koran Trust is a private corporation based in MILWAUKEE, WI. The foundation received its IRS ruling in 1992. The principal officer is First Trust Co Of St Paul. It holds total assets of $32.1M. Annual income is reported at $12.7M. The foundation is governed by 3 officers and trustees. Tax records are available from 2015 to 2024. According to available records, Ida C Koran Trust has made 6 grants totaling $6.1M, with a median grant of $1.1M. The foundation has distributed between $2M and $2.1M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 2 grants. Individual grants have ranged from $552K to $1.4M, with an average award of $1M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Ida C Koran Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MN.
Ida C Koran Trust has distributed a total of $6.1M across 6 grants. The median grant size is $1.1M, with an average of $1M. Individual grants have ranged from $552K to $1.4M.
Ida C Koran Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (416124022) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ida C Koran Trust is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank N A | TRUSTEE | $236K | $0 | $236K |
| Steve Fritze | TRUSTEE | $0 | $0 | N/A |
| Diana Lewis | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$32.1M
Fair Market Value
N/A
Net Worth
$32.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$6.1M
Average Grant
$1M
Median Grant
$1.1M
Unique Recipients
2
Most Common Grant
$643K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarship AmericaACADEMIC SCHOLARSHIPS | St Peter, MN | $1.4M | 2023 |
| Harship Grants To Ecolab PastpresentHARDSHIP GRANTS | St Paul, MN | $552K | 2023 |