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Michael & Ina Korek Foundation Trust 010897 is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 1997. The principal officer is Foundation Source. It holds total assets of $8.3M. Annual income is reported at $2.7M. Total assets have grown from $1.2M in 2011 to $8.3M in 2024. The foundation is governed by 4 officers and trustees. Dangers of boating under the influence -funding free ongoing public service announcements to educate the public to assist in preventing and reducing harm from boating accidents. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in California. According to available records, Michael & Ina Korek Foundation Trust 010897 has made 293 grants totaling $1.1M, with a median grant of $2K. The foundation has distributed between $308K and $416K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $416K distributed across 140 grants. Individual grants have ranged from $500 to $71K, with an average award of $4K. The foundation has supported 103 unique organizations. The foundation primarily supports organizations in California, Texas, District of Columbia, which account for 74% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$87K
Based on 72 grants from the most recent 990-PF filing.
Dangers of boating under the influence -funding free ongoing public service announcements to educate the public to assist in preventing and reducing harm from boating accidents.
Expenses: $135K
Dangers of boating under the influence -funding free ongoing public service announcements to educate the public to assist in preventing and reducing harm from boating accidents. Based on available records, the foundation has funded 293 grants. Its grantmaking reaches organizations primarily in CA, TX, DC.
Michael & Ina Korek Foundation Trust 010897 has distributed a total of $1.1M across 293 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $500 to $71K.
Michael & Ina Korek Foundation Trust 010897 typically selects its grantees rather than accepting unsolicited proposals.
Michael & Ina Korek Foundation Trust 010897 is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Teresa Babb | Managing Trustee | $60K | $0 | $60K |
| Brian Korek | Executive Dir | $50K | $0 | $50K |
| Brock Peterlin | Trustee | $0 | $0 | N/A |
| Alek Dylan Peterlin | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.3M
Fair Market Value
N/A
Net Worth
$8.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
293
Total Giving
$1.1M
Average Grant
$4K
Median Grant
$2K
Unique Recipients
103
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| A Safe PlaceGeneral & Unrestricted | Oakland, CA | $3K | 2023 |
| Mothers Against Drunk DrivingNorthern California - Boating Under the Influence Program | Irving, TX | $71K | 2023 |
| Kidney Cancer AssociationInterdisciplinary RCC Focus Award fund for Dr. Guercio's Research on diet & gut microbiome with mRCC and ICI | Dallas, TX | $38K | 2023 |
| World Central Kitchen IncorporatedGeneral & Unrestricted | Washington, DC | $10K | 2023 |
| Nova UkraineGeneral & Unrestricted | San Jose, CA | $10K | 2023 |
| Israaid Us IncGeneral & Unrestricted | Beverly Hills, CA | $9K | 2023 |
| The Jewish Federations Of North America Inc2023 Israel Emergency Fund | New York, NY | $9K | 2023 |
| The Mankind ProjectMKP USA Marketing - Program OnBoarding and Development with focus on cultural training and racial justice | Kaysville, UT | $7K | 2023 |
| Wildlife Conservation Network IncGeneral & Unrestricted | San Francisco, CA | $6K | 2023 |
| Medecins Sans Frontieres Usa IncGeneral & Unrestricted | Hagerstown, MD | $5K | 2023 |
| Friends Of Utah Avalanche Fore Cast Center IncGeneral & Unrestricted | Salt Lake Cty, UT | $5K | 2023 |
| The Elephant Sanctuary In TennesseeGeneral & Unrestricted | Hohenwald, TN | $5K | 2023 |
| Greenpeace Fund IncGeneral & Unrestricted | Washington, DC | $5K | 2023 |
| Second Harvest Of Silicon ValleyGeneral & Unrestricted | San Jose, CA | $5K | 2023 |
| Pets In NeedGeneral & Unrestricted | Redwood City, CA | $5K | 2023 |
| Animal Legal Defense FundGeneral & Unrestricted | Cotati, CA | $5K | 2023 |
| Jewish Agency For Israel-North American CouncilGeneral & Unrestricted | New York, NY | $5K | 2023 |
| Sierra Club FoundationGeneral & Unrestricted | Oakland, CA | $5K | 2023 |
| Child Advocates Of Silicon Valley IncGeneral & Unrestricted | Milpitas, CA | $5K | 2023 |
| Cheetah Conservation FundGeneral & Unrestricted | Alexandria, VA | $4K | 2023 |
| Maui Humane Society IncGeneral & Unrestricted | Puunene, HI | $4K | 2023 |
| H E R Weekend IncGeneral & Unrestricted | Woodland Hls, CA | $4K | 2023 |
| Community Services AgencyGeneral & Unrestricted | Mountain View, CA | $4K | 2023 |
| Performing Animal Welfare SocietyGeneral & Unrestricted | Galt, CA | $4K | 2023 |
| Center For Biological Diversity IncGeneral & Unrestricted | Tucson, AZ | $4K | 2023 |
| Community School Of Music And ArtsGeneral & Unrestricted | Mountain View, CA | $4K | 2023 |
| Bat World SanctuaryGeneral & Unrestricted | Weatherford, TX | $4K | 2023 |
| Marine Mammal CenterGeneral & Unrestricted | Sausalito, CA | $3K | 2023 |
| Center For Disaster Philanthropy IncGeneral & Unrestricted | Washington, DC | $3K | 2023 |
| Humane Society Silicon ValleyGeneral & Unrestricted | Milpitas, CA | $3K | 2023 |
| Airlink IncGeneral & Unrestricted | Washington, DC | $3K | 2023 |
| Peninsula Humane Society & SpcaGeneral & Unrestricted | Burlingame, CA | $3K | 2023 |
| Solar Cookers InternationalGeneral & Unrestricted | Sacramento, CA | $2K | 2023 |
| American Bird ConservancyGeneral & Unrestricted | Marshall, VA | $2K | 2023 |
| Nike Animal Rescue FoundationGeneral & Unrestricted | San Jose, CA | $2K | 2023 |
| Tawonga Jewish Community CorporationGeneral & Unrestricted | San Francisco, CA | $2K | 2023 |
| Karma Cat RescueGeneral & Unrestricted | Mountain View, CA | $2K | 2023 |
| Make-A-Wish Foundation Of Utah IncGeneral & Unrestricted | Murray, UT | $2K | 2023 |
| Smart Life Forum IncGeneral & Unrestricted | San Francisco, CA | $2K | 2023 |
| Millies Princess FoundationGeneral & Unrestricted | Sandy, UT | $2K | 2023 |
| Silicon Valley Jewish Film FestivalGeneral & Unrestricted | Cupertino, CA | $1K | 2023 |
| Maui Food Bank IncGeneral & Unrestricted | Wailuku, HI | $1K | 2023 |
| Congregation Shir HadashGeneral & Unrestricted | Los Gatos, CA | $1K | 2023 |
| National Association Of State Boating Law AdministGeneral & Unrestricted | Lexington, KY | $1K | 2023 |
| Palace Of Fine Arts League IncGeneral & Unrestricted | San Francisco, CA | $1K | 2023 |
| Paws For Purple HeartsGeneral & Unrestricted | Penngrove, CA | $1K | 2023 |
| East Maui Animal RefugeGeneral & Unrestricted | Haiku, HI | $1K | 2023 |
| Maui Family Ymcato Help those affected by the West Maui fire | Kahului, HI | $1K | 2023 |
| Association Of Small FoundationsGeneral & Unrestricted | Washington, DC | $1K | 2023 |