Corad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNSBURG, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $503K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$503K
-14.0% YoY
Annual Giving
$26K
+2.0% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$3K
+13.3% YoY
Under IRS private-foundation payout rules, Corad Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About Corad Foundation
Based on IRS filings
Corad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNSBURG, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $503K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $503,352 | $585,083 | $493,076 |
| Revenue | $25,231 | $31,411 | $37,305 |
| Expenses | $28,019 | $27,676 | $30,625 |
| Qualifying Distributions | $26,000 | $25,500 | $28,800 |
| Net Investment Income | $26,591 | $26,401 | $25,036 |
| Distributable Amount | $24,904 | $24,220 | $25,613 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samaritan's Purse ($11,400), Sweatshirt of Hope ($5,000), New Life Island ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MORNING STAR MINISTRIES LANSDALE, PA | TO FURTHER EXEMPT PURPOSE | $1,600 |
| SAMARITAN'S PURSE BOONE, NC | TO FURTHER EXEMPT PURPOSE | $11,400 |
| YOUNG LIFE COLORADO SPRINGS, CO | TO FURTHER EXEMPT PURPOSE | $1,000 |
| NEW LIFE ISLAND FRENCHTOWN, NJ | TO FURTHER EXEMPT PURPOSE | $2,000 |
| SANDY COVE MINISTRIES NORTH EAST, MD | TO FURTHER EXEMPT PURPOSE | $2,000 |
| SWEATSHIRT OF HOPE SOUDERTON, PA | TO FURTHER EXEMPT PURPOSE | $5,000 |
| TIM TEBOW FOUNDATION JACKSONVILLE, FL | TO FURTHER EXEMPT PURPOSE | $500 |
| ANSWERS IN GENESIS HEBRON, KY | TO FURTHER EXEMPT PURPOSE | $2,000 |
| OFF THE WALL MINISTRY NEW PHILADELPHIA, OH | TO FURTHER EXEMPT PURPOSE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLARE M MOYER | TRUSTEE | 1 | — |
| CHRISTINE E MOYER | TRUSTEE | 1 | — |
| CHAD V MOYER | TRUSTEE | 1 | — |
| CORINNA L GARIS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Corad Foundation?
Corad Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNSBURG, PA. It holds $503K in total assets as of 2024.
How large is Corad Foundation?
As of 2024, Corad Foundation holds $503K in total assets with $25K in annual revenue. It awarded 9 grants totaling $26K in 2024.
Where does Corad Foundation operate?
Corad Foundation has awarded grants in Colorado, Florida, Kentucky, Maryland, North Carolina, New Jersey, Ohio, Pennsylvania.
What size grants does Corad Foundation award?
In 2024, Corad Foundation awarded 9 grants totaling $26K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Corad Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Corad Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Corad Foundation's EIN?
Corad Foundation's EIN (Employer Identification Number) is 23-2443194. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Corad Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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