Funder DirectoryKORONES FAMILY FOUNDATION
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Private foundation (trust)EIN 471256650Est. 2016-12

KORONES FAMILY FOUNDATION

MONTCLAIR, NJ 07042

Total Assets

$2.6M

FY 2024

Annual Giving

$126K

FY 2024

Grants Made

16

FY 2024

Avg Grant

$8K

FY 2024

Grant Range

$3K–$15K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$162K

Total Expenses

$162K

Qualifying Distributions

$126K

Distributable Amount

$134K

Min. Investment Return

$136K

Undistributed Income

$133K

Payout rate 94%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.94%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

16 grants

Grant sizes from minimum $3K through median $5K to maximum $15K, 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

5 years

Giving over time from 2020 to 2024. Peak $144K in 2021. Hover bars for details.

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

Top Recipients

64 grants

NATIONAL CIVIL RIGHTS MUSEUM
$96K
5 grants
FACING HISTORY AND OURSELVES
$80K
5 grants
TENNESSEE JUSTICE CENTER
$75K
5 grants
ASLAN PROJECT
$55K
4 grants
MEMPHIS SYMPHONY ORCHESTRA
$42K
5 grants
HIAS
$30K
2 grants
NATIONAL NETWORK OF ABORTION FUNDS
$25K
2 grants
MEMPHIS MUSIC INITIATIVE
$20K
2 grants

Grant Size Distribution

64 grants

<$10K
44
grants
$10–50K
20
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

10 states

Tennessee
$358K
56% of total
District of Columbia
$78K
12% of total
New York
$58K
9% of total
New Jersey
$42K
7% of total
Maryland
$35K
5% of total
California
$31K
5% of total
Massachusetts
$25K
4% of total
Alabama
$10K
2% of total
Ohio
$5K
1% of total
Georgia
$2K
0% of total

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