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Koerner Family Foundation is a private corporation based in PENN VALLEY, PA. The foundation received its IRS ruling in 2005. The principal officer is Michael Koerner. It holds total assets of $5.3M. Annual income is reported at $849K. The foundation is governed by 6 officers and trustees. To provide graduate fellowships for students pursuing doctoral enineering degress with reseach careers as their long-term goals. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Florida and Pennsylvania. According to available records, Koerner Family Foundation has made 34 grants totaling $908K, with a median grant of $10K. Annual giving has grown from $250K in 2020 to $348K in 2022. Individual grants have ranged from $10K to $96K, with an average award of $27K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Pennsylvania, South Carolina, Virginia, which account for 38% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$17K
Largest Grant
$80K
Based on 15 grants from the most recent 990-PF filing.
To provide graduate fellowships for students pursuing doctoral enineering degress with reseach careers as their long-term goals
Expenses: $253K
To provide graduate fellowships for students pursuing doctoral enineering degress with reseach careers as their long-term goals. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in PA, SC, VA.
Koerner Family Foundation has distributed a total of $908K across 34 grants. The median grant size is $10K, with an average of $27K. Individual grants have ranged from $10K to $96K.
Koerner Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Koerner Family Foundation is headquartered in PENN VALLEY, PA. While based in PA, the foundation distributes grants to organizations across 14 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Koerner | VICE PRESIDENT | $0 | $0 | N/A |
| Jamie Koerner | VICE PRESIDENT | $0 | $0 | N/A |
| Pauline Limberg | SECRETARY | $0 | $0 | N/A |
| Michael Koerner | PRESIDENT | $0 | $0 | N/A |
| Doug Limberg | VICE PRESIDENT | $0 | $0 | N/A |
| Mary Koerner | TREASURER | $0 | $0 | N/A |
Total Giving
$347K
Total Assets
$5M
Fair Market Value
$5M
Net Worth
$5M
Grants Paid
$344K
Contributions
N/A
Net Investment Income
$194K
Distribution Amount
$236K
Total Grants
34
Total Giving
$908K
Average Grant
$27K
Median Grant
$10K
Unique Recipients
24
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of MissouriFELLOWSHIP | Columbia, MO | $10K | 2020 |
| University Of VermontFELLOWSHIP | Burlington, VT | $10K | 2020 |
| Drexel UniversityFELLOWSHIPS | Philadelphia, PA | $96K | 2022 |
| Coll Eng Comp Univ South CarolinaFELLOWSHIP | Columbia, SC | $72K | 2022 |
| University Of Santa Cruz FoundationFELLOWSHIP | Santa Cruz, CA | $60K | 2022 |
| Virginia Commonwealth UniversityFELLOWSHIP | Richmond, VA | $48K | 2022 |
| Worcester Polytechnic InstituteFELLOWSHIP | Worcester, MA | $48K | 2022 |
| Old Dominion University EducationalFELLOWSHIP | Norfolk, VA | $24K | 2022 |
| Coll Eng Comp Carolina FundFELLOWSHIP | Columbia, SC | $60K | 2021 |
| Florida International EngineeringFELLOWSHIP | Miami, FL | $20K | 2021 |
| University Of South CarolinaFELLOWSHIP | Columbia, SC | $10K | 2021 |
| University Of DelawareFELLOWSHIP | Newark, DE | $10K | 2021 |
| Michigan Technology UniversityFELLOWSHIP | Houghton, MI | $10K | 2021 |
| University Of KansasFELLOWSHIP | Lawrence, KS | $10K | 2021 |
| Missouri UniversityFELLOWSHIP | Columbia, MO | $10K | 2021 |
| University Of Central FloridaFELLOWSHIP | Orlando, FL | $10K | 2021 |
| Lehigh UniversityFELLOWSHIP | Bethlehem, PA | $10K | 2021 |
| University Of New MexicoFELLOWSHIP | Albuquerque, NM | $20K | 2020 |
| University Of South FloridaFELLOWSHIP | Tampa, FL | $20K | 2020 |
| University Of CaliforniaFELLOWSHIP | Santa Cruz, CA | $10K | 2020 |
| Univeristy Of MassachusettsFELLOWSHIP | Lowell, MA | $10K | 2020 |
| University Of NebraskaFELLOWSHIP | Lincoln, NE | $10K | 2020 |
| Univeersity Of Central FloridaFELLOWSHIP | Orlando, FL | $10K | 2020 |
| Washington State UniversityFELLOWSHIP | Pullman, WA | $10K | 2020 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA