Private foundation (trust)EIN 232443194Est. 2010-08

CORAD FOUNDATION

PENNSBURG, PA 18073

Total Assets

$503K

FY 2024

Annual Giving

$26K

FY 2024

Grants Made

9

FY 2024

Avg Grant

$3K

FY 2024

Grant Range

$500–$11K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$25K

Total Expenses

$28K

Qualifying Distributions

$26K

Distributable Amount

$25K

Min. Investment Return

$25K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

9 grants

Grant sizes from minimum $500 through median $2K to maximum $11K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $31K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

71 grants

SAMARITAN'S PURSE
$43K
6 grants
YOUNG LIFE
$40K
5 grants
SWEATSHIRT OF HOPE
$14K
5 grants
NEW LIFE ISLAND
$10K
6 grants
ANSWERS IN GENESIS
$9K
3 grants
SANDY COVE MINISTRIES
$9K
5 grants
MORNING STAR MINISTRIES
$8K
6 grants
PERKIOMENVILLE MENNONITE CHURCH
$6K
3 grants

Grant Size Distribution

71 grants

<$10K
68
grants
$10–50K
3
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

Pennsylvania
$49K
29% of total
North Carolina
$43K
25% of total
Colorado
$42K
25% of total
Kentucky
$11K
6% of total
New Jersey
$10K
6% of total
Maryland
$9K
5% of total
Ohio
$4K
2% of total
Florida
$3K
1% of total

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CORAD FOUNDATION — Grants, Financials & Contact | Grantivo