//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Correll Family Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2005. The principal officer is The Ayco Company Lp. It holds total assets of $32.6M. Annual income is reported at $9.7M. Total assets have decreased from $42.9M in 2011 to $33.2M in 2022. The foundation is governed by 3 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. Tax records are available from 2017 to 2023. According to available records, The Correll Family Foundation Inc. has made 38 grants totaling $10.1M, with a median grant of $50K. Annual giving has grown from $3.3M in 2021 to $4.7M in 2023. Individual grants have ranged from $5K to $3.3M, with an average award of $266K. The foundation has supported 19 unique organizations. Grants have been distributed to organizations in New York and Georgia and Florida. 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.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NY, GA, FL.
The Correll Family Foundation Inc. has distributed a total of $10.1M across 38 grants. The median grant size is $50K, with an average of $266K. Individual grants have ranged from $5K to $3.3M.
The Correll Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (134311179) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The Correll Family Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ada F Correll | DIRECTOR/SECRETARY | $0 | $0 | N/A |
| Elizabeth Richards | DIRECTOR | $0 | $0 | N/A |
| Alston D Correll Iii | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.8M
Total Assets
$33.2M
Fair Market Value
$37.3M
Net Worth
$33.1M
Grants Paid
$2.4M
Contributions
$12K
Net Investment Income
$783K
Distribution Amount
$1.6M
Total: $28.6M
Total Grants
38
Total Giving
$10.1M
Average Grant
$266K
Median Grant
$50K
Unique Recipients
19
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian Church Of AtlantaGENERAL | Atlanta, GA | $1.2M | 2023 |
| Office Of Gift Accounting (Emory University)GENERAL | Atlanta, GA | $200K | 2023 |
| Uga FoundationGENERAL | Athens, GA | $200K | 2023 |
| East Georgia CollegeGENERAL | Swainsboro, GA | $200K | 2023 |
| Communities Of Coastal Georgia FoundationGENERAL | Brunswick, GA | $110K | 2023 |
| Purpostly FoundationGENERAL | Atlanta, GA | $100K | 2023 |
| Pace AcademyGENERAL | Atlanta, GA | $80K | 2023 |
| Camp Twin LakesGENERAL | Atlanta, GA | $60K | 2023 |
| Atlanta Beltline PartnershipGENERAL | Atlanta, GA | $50K | 2023 |
| Georgia Tech Foundation IncGENERAL | Atlanta, GA | $40K | 2023 |
| Grady Health FoundationGENERAL | Atlanta, GA | $30K | 2023 |
| United Way Of AtlantaGENERAL | Atlanta, GA | $25K | 2023 |
| National Center For Civil And Human RightsGENERAL | Atlanta, GA | $25K | 2023 |
| East Lake FoundationGENERAL | Atlanta, GA | $15K | 2023 |
| Albany Quail Project Endowment FundGENERAL | Tallahassee, FL | $10K | 2023 |
| The Samuel L Asbury FoundationGENERAL | Atlanta, GA | $10K | 2023 |
| The Sunshine HouseGENERAL | Atlanta, GA | $5K | 2023 |
| Georgia Historical SocietyGENERAL | Atlanta, GA | $5K | 2023 |
| Various (See Attachment)GENERAL CHARITABLE PURPOSES | Albany, NY | $2.1M | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA