Korman Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Korman Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 82-7116331
Foundation Overview
Based in Minneapolis, MN, Korman Foundation has awarded 28 grants totaling $1,035,096 to organizations in Tennessee, Illinois and 1 other state across the US. Individual grants range from $35,462 to $40,000, with a median award of $36,500.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
0 of 8 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.
Geographic Focus
50% of grants are awarded in Illinois, with additional funding distributed across 2 other locations. The foundation balances regional focus with broader geographic diversity. Within Illinois, funding concentrates in Chicago (100%).
Funding Trajectory
Stable funding levels with 8% change over 3 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.
Program Areas
Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Korman Foundation'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 |
|---|---|---|---|---|
| St Jude Children's Research Hospital | $35,462 | Memphis, TN, US | General Support | 2023 |
| Ann & Robert Lurie Children's Hospital | $35,462 | Chicago, IL, US | General Support | 2023 |
| Shriner's Hospital For Children | $35,462 | Tampa, FL, US | General Support | 2023 |
| The Anti-cruelty Society | $35,462 | Chicago, IL, US | General Support | 2023 |
| St Jude Children's Research Hospital | $35,462 | Memphis, TN, US | General Support | 2023 |
| Ann & Robert Lurie Children's Hospital | $35,462 | Chicago, IL, US | General Support | 2023 |
| Shriner's Hospital For Children | $35,462 | Tampa, FL, US | General Support | 2023 |
| The Anti-cruelty Society | $35,462 | Chicago, IL, US | General Support | 2023 |
| St Jude Children's Research Hospital | $36,500 | Memphis, TN, US | General Support | 2022 |
| Ann & Robert Lurie Children's Hospital | $36,500 | Chicago, IL, US | General Support | 2022 |
| Shriner's Hospital For Children | $36,500 | Tampa, FL, US | General Support | 2022 |
| The Anti-cruelty Society | $36,500 | Chicago, IL, US | General Support | 2022 |
| St Jude Children's Research Hospital | $36,500 | Memphis, TN, US | General Support | 2022 |
| Ann & Robert Lurie Children's Hospital | $36,500 | Chicago, IL, US | General Support | 2022 |
| Shriner's Hospital For Children | $36,500 | Tampa, FL, US | General Support | 2022 |
| The Anti-cruelty Society | $36,500 | Chicago, IL, US | General Support | 2022 |
| St Jude Children's Research Hospital | $36,500 | Memphis, TN, US | General Support | 2022 |
| Ann & Robert Lurie Children's Hospital | $36,500 | Chicago, IL, US | General Support | 2022 |
| Shriner's Hospital For Children | $36,500 | Tampa, FL, US | General Support | 2022 |
| The Anti-cruelty Society | $36,500 | Chicago, IL, US | General Support | 2022 |
| St Jude Children's Research Hospital | $40,000 | Memphis, TN, US | General Support | 2021 |
| Ann & Robert Lurie Children's Hospital | $40,000 | Chicago, IL, US | General Support | 2021 |
| Shriner's Hospital For Children | $40,000 | Tampa, FL, US | General Support | 2021 |
| The Anti-cruelty Society | $40,000 | Chicago, IL, US | General Support | 2021 |
| St Jude Children's Research Hospital | $38,350 | Memphis, TN, US | General Support | 2020 |
| Ann & Robert Lurie Children's Hospital | $38,350 | Chicago, IL, US | General Support | 2020 |
| Shriner's Hospital For Children | $38,350 | Tampa, FL, US | General Support | 2020 |
| The Anti-cruelty Society | $38,350 | Chicago, IL, US | General Support | 2020 |
Foundations Similar to Korman Foundation
Discover 5 foundations with comparable assets ($2,407,889-$2,679,935), similar grant patterns, and geographic focus in MN 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 |
|---|---|---|---|---|
|
Walter N And Phyllis A Anderson
EIN: 47-6511350 | 18 grants awarded |
$2,598,143
(≈ Similar) |
$60,000
median grant |
Glencoe, MN
Same state |
|
|
William S And Ruth M Rump Charitable Trust
EIN: 38-7264705 | 10 grants awarded |
$2,468,884
(≈ Similar) |
$50,000
median grant |
St Paul, MN
Same state |
|
|
Richard F Mcnamara Family
EIN: 41-1725127 | 57 grants awarded |
$2,467,986
(≈ Similar) |
$24,810
median grant |
Edina, MN
Same state |
|
|
The West Fork Foundation
EIN: 52-2436208 | 23 grants awarded |
$2,679,935
(≈ Similar) |
$50,000
median grant |
Minneapolis, MN
Same state |
|
|
Dallas & Louise Anderson Foundation
EIN: 46-1010695 | 62 grants awarded |
$2,407,889
(≈ Similar) |
$20,000
median grant |
Delano, MN
Same state |
|
Related Foundation Resources in MN:
Contact Information
Official contact details for Korman Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 82-7116331 |
| Website | N/A |
| Address | 1581 AMERIPRISE FINANCIAL CTR Minneapolis, MN 55474-0015 |
Key People (1)
Board members, trustees, and key staff who oversee Korman Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee |
|---|
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 Korman Foundation 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
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