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Also known as: FOUNDATION INC
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Thomas And Pamela Korn Family Foundation Inc. is a private corporation based in VONORE, TN. The foundation received its IRS ruling in 2007. The principal officer is Foundation Source. It holds total assets of $124K. Annual income is reported at $99K. Total assets have decreased from $957K in 2011 to $124K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Thomas And Pamela Korn Family Foundation Inc. has made 4 grants totaling $400K, with a median grant of $100K. Annual giving has grown from $100K in 2020 to $200K in 2022. Grant recipients are concentrated in Tennessee. Contributions to this foundation are tax-deductible.
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.
Thomas And Pamela Korn Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN.
Thomas And Pamela Korn Family Foundation Inc. has distributed a total of $400K across 4 grants. The median grant size is $100K, with an average of $100K. Individual grants have ranged from $100K to $100K.
Thomas And Pamela Korn Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Thomas And Pamela Korn Family Foundation Inc. is headquartered in VONORE, TN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bradley A Boone | VP - DIRECTO | $0 | $0 | N/A |
| Kyle T Korn | DIRECTOR | $0 | $0 | N/A |
| Pamela B Korn | DIR - SEC | $0 | $0 | N/A |
| Thomas F Korn | PRES/DIR/ TR | $0 | $0 | N/A |
Total Giving
$102K
Total Assets
$124K
Fair Market Value
$124K
Net Worth
$124K
Grants Paid
$101K
Contributions
$98K
Net Investment Income
N/A
Distribution Amount
$6K
Total Grants
4
Total Giving
$400K
Average Grant
$100K
Median Grant
$100K
Unique Recipients
1
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Tennessee FoundationKLASS CENTER | Knoxville, TN | $100K | 2022 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN