F A Korschun Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like F A Korschun Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 56-2169669

Foundation Overview

Based in Goldsboro, NC, F A Korschun Foundation Inc has awarded 59 grants totaling $342,251 to organizations in North Carolina and South Carolina. Individual grants range from $3,000 to $8,000, with a median award of $6,000.

Latest Tax Year
2023
Total Giving (all years)
$342,251
Total Assets
$925,472
Median Grant (all grants)
$6,000

Latest Form 990-PF Snapshot

Total Grants
12
Median Grant
$7,458
% Median Grant Growth
+49% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Relationship-Focused: 17%

2 of 12 recipients (17%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Geographic Focus
North Carolina

88% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Goldsboro (73%), Seven Springs (17%), Mt Olive (10%).

Funding Trajectory
-4%

Stable funding levels with 4% change over 3 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
Healthcare + 3 others

Diversified giving across multiple program areas with primary emphasis on healthcare (32%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into F A Korschun Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Commmunity Soup Kitchen Of Goldsbor $7,458 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2023
Watch $7,458 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2023
Shriners Hospital For Children $7,459 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2023
Friends Of The Cliffs Of The Neuse $7,459 Seven Springs, NC, US Provide Education For Future Farmers. 2023
4 H Club Of Goldsboro $7,458 Goldsboro, NC, US To Assist Future Farmers. 2023
Town Of Seven Springs $7,458 Seven Springs, NC, US To Assist The Homeless. 2023
Commmunity Soup Kitchen Of Goldsbor $7,458 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2023
Watch $7,458 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2023
Shriners Hospital For Children $7,459 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2023
Friends Of The Cliffs Of The Neuse $7,459 Seven Springs, NC, US Provide Education For Future Farmers. 2023
4 H Club Of Goldsboro $7,458 Goldsboro, NC, US To Assist Future Farmers. 2023
Town Of Seven Springs $7,458 Seven Springs, NC, US To Assist The Homeless. 2023
Boys And Girls Club Of Wayne County $8,000 Goldsboro, NC, US Provide Healthy Lifestyle, Academic Sucess, Good Character, And Citizenship For Children Of Wayne County 2022
Commmunity Soup Kitchen Of Goldsbor $5,000 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2022
University Of Mount Olive $5,000 Mt Olive, NC, US Provide Funds For Higher Educational Purposes 2022
Watch $6,000 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2022
Wayne Community College $5,000 Goldsboro, NC, US Provide Funds For Higher Educational Purposes 2022
Shriners Hospital For Children $4,880 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2022
Home Health Hospice Inc $6,000 Goldsboro, NC, US Provide Funds For Hospice Operation. 2022
Friends Of The Cliffs Of The Neuse $5,000 Seven Springs, NC, US Provide Education For Future Farmers. 2022
Kiwanis Club Of Goldsboro $5,000 Goldsboro, NC, US Assist Children In Life Skills 2022
4 H Club Of Goldsboro $3,000 Goldsboro, NC, US To Assist Future Farmers. 2022
Boys And Girls Club Of Wayne County $8,000 Goldsboro, NC, US Provide Healthy Lifestyle, Academic Sucess, Good Character, And Citizenship For Children Of Wayne County 2022
Commmunity Soup Kitchen Of Goldsbor $5,000 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2022
University Of Mount Olive $5,000 Mt Olive, NC, US Provide Funds For Higher Educational Purposes 2022
Watch $6,000 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2022
Wayne Community College $5,000 Goldsboro, NC, US Provide Funds For Higher Educational Purposes 2022
Shriners Hospital For Children $4,880 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2022
Home Health Hospice Inc $6,000 Goldsboro, NC, US Provide Funds For Hospice Operation. 2022
Friends Of The Cliffs Of The Neuse $5,000 Seven Springs, NC, US Provide Education For Future Farmers. 2022
Kiwanis Club Of Goldsboro $5,000 Goldsboro, NC, US Assist Children In Life Skills 2022
4 H Club Of Goldsboro $3,000 Goldsboro, NC, US To Assist Future Farmers. 2022
Boys And Girls Club Of Wayne County $8,000 Goldsboro, NC, US Provide Healthy Lifestyle, Academic Sucess, Good Character, And Citizenship For Children Of Wayne County 2022
Commmunity Soup Kitchen Of Goldsbor $5,000 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2022
University Of Mount Olive $5,000 Mt Olive, NC, US Provide Funds For Higher Educational Purposes 2022
Watch $6,000 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2022
Wayne Community College $5,000 Goldsboro, NC, US Provide Funds For Higher Educational Purposes 2022
Shriners Hospital For Children $4,880 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2022
Home Health Hospice Inc $6,000 Goldsboro, NC, US Provide Funds For Hospice Operation. 2022
Friends Of The Cliffs Of The Neuse $5,000 Seven Springs, NC, US Provide Education For Future Farmers. 2022
Kiwanis Club Of Goldsboro $5,000 Goldsboro, NC, US Assist Children In Life Skills 2022
4 H Club Of Goldsboro $3,000 Goldsboro, NC, US To Assist Future Farmers. 2022
Boys And Girls Club Of Wayne County $7,611 Goldsboro, NC, US Provide Healthy Lifestyle, Academic Sucess, Good Character, And Citizenship For Children Of Wayne County 2021
Commmunity Soup Kitchen Of Goldsbor $3,500 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2021
University Of Mount Olive $6,000 Mt Olive, NC, US Provide Funds For Higher Educational Purposes 2021
Watch $6,000 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2021
Wayne Community College $6,000 Goldsboro, NC, US Provide Funds For Higher Educational Purposes 2021
Shriners Hospital For Children $5,000 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2021
Home Health Hospice Inc $5,000 Goldsboro, NC, US Provide Funds For Hospice Operation. 2021
Friends Of The Cliffs Of The Neuse $5,000 Seven Springs, NC, US Provide Education For Future Farmers. 2021
Wayne County 4 H Club $3,500 Goldsboro, NC, US Assist Children In Life Skills 2021
Boys And Girls Club Of Wayne County $7,000 Goldsboro, NC, US Provide Healthy Lifestyle, Academic Sucess, Good Character, And Citizenship For Children Of Wayne County 2020
Commmunity Soup Kitchen Of Goldsbor $6,000 Goldsboro, NC, US Provide Nutritional Meals For Wayne County Residents Who Are In Need. 2020
University Of Mount Olive $7,000 Mt Olive, NC, US Provide Funds For Higher Educational Purposes 2020
Watch $8,000 Goldsboro, NC, US Provide Primary Health Care For Uninsured Residents Of Wayne County. 2020
Wayne Community College $7,000 Goldsboro, NC, US Provide Funds For Higher Educational Purposes 2020
Shriners Hospital For Children $4,000 Greenville, SC, US Provide Funds For Shriners Childrens Hospitals And Burn Centers. 2020
Home Health Hospice Inc $4,000 Goldsboro, NC, US Provide Funds For Hospice Operation. 2020
Friends Of The Cliffs Of The Neuse $3,500 Seven Springs, NC, US Provide Education For Future Farmers. 2020

Foundations Similar to F A Korschun Foundation Inc

Discover 5 foundations with comparable assets ($922,492-$941,812), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 90-1024451 | 37 grants awarded
$923,251
(≈ Similar)
$5,000
median grant
Greensboro, NC
Same state
100%
Excellent match

EIN: 85-1824691 | 29 grants awarded
$922,492
(≈ Similar)
$7,500
median grant
Hamptonville, NC
Same state
100%
Excellent match

EIN: 26-1443888 | 59 grants awarded
$929,652
(≈ Similar)
$10,000
median grant
Raleigh, NC
Same state
100%
Excellent match

EIN: 56-6268422 | 18 grants awarded
$932,110
(≈ Similar)
$5,000
median grant
Raleigh, NC
Same state
100%
Excellent match

EIN: 56-2120806 | 79 grants awarded
$941,812
(≈ Similar)
$4,000
median grant
Rocky Mount, NC
Same state
99%
Excellent match

Contact Information

Official contact details for F A Korschun Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 56-2169669
Website N/A
Address 200 SAMBO LAMBERT RD Goldsboro, NC 27530-1039

Key People (2)

Board members, trustees, and key staff who oversee F A Korschun Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Chairman S Blair Korschun
Secretary Suzanne Hamilton

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for F A Korschun Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.