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Koinonia Foundation is a private corporation based in REHOBOTH BCH, DE. The foundation received its IRS ruling in 1952. The principal officer is Gary Richman. It holds total assets of $141K. Annual income is reported at $5K. Total assets have decreased from $285K in 2010 to $144K in 2023. The foundation is governed by 5 officers and trustees. Line 4 provides funds for the express purpose of maintaining the corpus of the foundation so that distributions made will not reduce the amount of future grants. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Maryland and Kentucky. According to available records, Koinonia Foundation has made 10 grants totaling $11K, with a median grant of $1K. Annual giving has grown from $4K in 2020 to $7K in 2022. Individual grants have ranged from $250 to $2K, with an average award of $1K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Maryland, Michigan, New York, which account for 70% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$500
Average Grant
$900
Largest Grant
$2K
Based on 5 grants from the most recent 990-PF filing.
Line 4 provides funds for the express purpose of maintaining the corpus of the foundation so that distributions made will not reduce the amount of future grants.
Line 4 provides funds for the express purpose of maintaining the corpus of the foundation so that distributions made will not reduce the amount of future grants. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MD, MI, NY.
Koinonia Foundation has distributed a total of $11K across 10 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $250 to $2K.
Koinonia Foundation typically selects its grantees rather than accepting unsolicited proposals.
Koinonia Foundation is headquartered in REHOBOTH BCH, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Richman | PRESIDENT | $0 | $0 | N/A |
| Val Bigelow | VICE PRESIDE | $0 | $0 | N/A |
| Jeffrey Halka | DIRECTOR | $0 | $0 | N/A |
| Robin Mandley | TREASURER | $0 | $0 | N/A |
| Karen Stupski | DIRECTOR | $0 | $0 | N/A |
Total Giving
$5K
Total Assets
$144K
Fair Market Value
$72K
Net Worth
$144K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$4K
Total: $133K
Total Grants
10
Total Giving
$11K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Irvine Nature CenterTO FURTHER CAUSES OF NON-PROFIT ORG. | Owings Mills, MD | $2K | 2022 |
| Seeded Faith Farm RescueTO FURTHER CAUSES OF NONPROFIT ORG. | Almont, MI | $1K | 2022 |
| Cedar Rest CampTO FURTHER CAUSES OF NONPROFIT ORG. | Lyles, TN | $500 | 2022 |
| A Rocha UsaTO FURTHER CAUSES OF NON-PROFIT ORG. | New York, NY | $2K | 2020 |
| PleaseTO FURTHER CAUSES OF NON-PROFIT ORG. | Randallstown, MD | $700 | 2020 |
| Leatherback TrustTO FURTHER CAUSES OF NON-PROFIT ORG | Fort Wayne, IN | $250 | 2020 |