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The Korein Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1999. The principal officer is % Julius Korein. It holds total assets of $9.2M. Annual income is reported at $3.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Korein Foundation has made 71 grants totaling $1.7M, with a median grant of $10K. The foundation has distributed between $523K and $605K annually from 2020 to 2022. Individual grants have ranged from $3K to $523K, with an average award of $24K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Washington, which account for 63% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
The Korein Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in NY, PA, WA.
The Korein Foundation has distributed a total of $1.7M across 71 grants. The median grant size is $10K, with an average of $24K. Individual grants have ranged from $3K to $523K.
The Korein Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Korein Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan Korein | TRUSTEE | $0 | $0 | $0 |
| Beth Korein | TRUSTEE | $0 | $0 | $0 |
| James Korein | TRUSTEE | $0 | $0 | $0 |
Total Giving
$654K
Total Assets
$9M
Fair Market Value
$11.8M
Net Worth
$9M
Grants Paid
$560K
Contributions
$0
Net Investment Income
$353K
Distribution Amount
$562K
Total Grants
71
Total Giving
$1.7M
Average Grant
$24K
Median Grant
$10K
Unique Recipients
38
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elysabeth Kleinhans TheatricalONGOING OPERATIONS OF 59E59 | New York, NY | $5K | 2022 |
| Community PartnersWRITEGIRL | Los Angeles, CA | $5K | 2022 |
| DonorschooseUNRESTRICTED | New York, NY | $80K | 2022 |
| The American Museum Of Natural HistoryWORK IN THE GENOMICS AREA | New York, NY | $50K | 2022 |
| Sacred Earth FoundationUNRESTRICTED |
| Goldendale, WA |
| $50K |
| 2022 |
| Count Me In For Women'SUNRESTRICTED | New York, NY | $40K | 2022 |
| Behind The BookSTIPENDS AND | New York, NY | $35K | 2022 |
| Story Pirates ChangemakersPROGRAMS FOR UNDERSERVED | New York, NY | $35K | 2022 |
| New York University - Langone Health -REGENERATION OF THE CARDIAC | New York, NY | $35K | 2022 |
| Doctors Without Borders UsaHUMANITARIAN ASSISTANCE FOR | New York, NY | $34K | 2022 |
| Hias IncHUMANITARIAN ASSISTANCE FOR | Silver Spring, MD | $24K | 2022 |
| World Central Kitchen IncHUMANITARIAN ASSISTANCE FOR | Washington, DC | $24K | 2022 |
| Etta ProjectsUNRESTRICTED | Tacoma, WA | $20K | 2022 |
| Nurse-Family PartnershipUNRESTRICTED | Denver, CO | $20K | 2022 |
| Saha GlobalONGOING OPERATIONS AND | New York, NY | $20K | 2022 |
| National Alliance To End HomelessnessUNRESTRICTED | Washington, DC | $20K | 2022 |
| Regents Of The University Of CaliforniaPROJECTS UNDER DAVID | Los Angeles, CA | $10K | 2022 |
| Global Fund For Women IncUNRESTRICTED | San Francisco, CA | $10K | 2022 |
| Columbia University Mailman School OfGENETICALLY RELATED | New York, NY | $10K | 2022 |
| Everytown For Gun Safety Support FundMOMS DEMAND ACTION CAMPAIGN | New York, NY | $10K | 2022 |
| Central Park Conservancy IncUNRESTRICTED | New York, NY | $10K | 2022 |
| Friends Of The WissahickonUNRESTRICTED | Philadelphia, PA | $6K | 2022 |
| Prevention Point PhiladelphiaUNRESTRICTED | Philadelphia, PA | $6K | 2022 |
| The Bail ProjectUNRESTRICTED | Pasadena, CA | $5K | 2022 |
| Unitarian Universalist Church Of TucsonNO MORE DEATHS | Tuscon, AZ | $5K | 2022 |
| Rainforest Alliance IncSUSTAINABLE DEVELOPMENT IN | New York, NY | $5K | 2022 |
| Center For Civic PolicyNEW MEXICO DREAM TEAM | Albuquerque, NM | $5K | 2022 |
| Rock To The FutureUNRESTRICTED | Philadelphia, PA | $5K | 2022 |
| All Hands And HeartsUNRESTRICTED | Mattapoisett, MA | $5K | 2022 |
| Equal Opportunity SchoolsUNRESTRICTED | Seattle, WA | $3K | 2022 |
| Abington Friends SchoolUNRESTRICTED ANNUAL FUND | Jenkintown, PA | $3K | 2022 |
| Smith Memorial Playground And PlayhouseUNRESTRICTED | Philadelphia, PA | $3K | 2022 |
| United Negro College FundGATES MILLENNIUM SCHOLARS | Ft Lauderdale, FL | $3K | 2022 |
| Los Angeles Neighborhood Land TrustUNRESTRICTED | Los Angeles, CA | $3K | 2022 |
| Cheltenham Art CenterUNRESTRICTED | Cheltenham, PA | $3K | 2022 |
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