Corridor Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARRIOTTSVL, MD. IRS filing data is available for 2020. As of 2020, the organization holds $2K in total assets. In 2020, it awarded 5 grants totaling $10K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
$2K
Annual Giving
$10K
Grant Count
5
Avg Grant Size
$2K
Under IRS private-foundation payout rules, Corridor Foundation Inc reported a distributable amount of $360 for 2020 — the minimum it must pay out in qualifying distributions.
About Corridor Foundation Inc
Based on IRS filings
Corridor Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARRIOTTSVL, MD. IRS filing data is available for 2020. As of 2020, the organization holds $2K in total assets. In 2020, it awarded 5 grants totaling $10K.
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 | 2020 |
|---|---|
| Total Assets | $2,294 |
| Revenue | $3,075 |
| Expenses | $14,873 |
| Qualifying Distributions | — |
| Net Investment Income | — |
| Distributable Amount | $360 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2020
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Little Rock Adventist Academy ($4,000), Good News Jail and Prison Ministry ($2,500), Difference Makers Church ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Mothers Fighting for Others Gaithersburg, MD | Education for at risk girls | $300 |
| Mt Airy Net Mount Airy, MD | community food bank | $1,000 |
| Difference Makers Church Damascus, MD | community food distribution | $2,000 |
| Good News Jail and Prison Ministry Henrico, VA | support prison chaplain program | $2,500 |
| Little Rock Adventist Academy Little Rock, AR | purchase chromebooks and ipads for private school | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jerry Rader | President | 1 | — |
| Michelle Rader | VP | 1 | — |
| Chris Mathews | Secretary | 1 | — |
| Michele Cohen | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Corridor Foundation Inc?
Corridor Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MARRIOTTSVL, MD. It holds $2K in total assets as of 2020.
How large is Corridor Foundation Inc?
As of 2020, Corridor Foundation Inc holds $2K in total assets with $3K in annual revenue. It awarded 5 grants totaling $10K in 2020.
Where does Corridor Foundation Inc operate?
Corridor Foundation Inc has awarded grants in Arkansas, Maryland, Virginia.
What size grants does Corridor Foundation Inc award?
In 2020, Corridor Foundation Inc awarded 5 grants totaling $10K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Corridor Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Corridor Foundation Inc reported a distributable amount of $360 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Corridor Foundation Inc's EIN?
Corridor Foundation Inc's EIN (Employer Identification Number) is 81-3596362. IRS Form 990 filing data is available on this page for 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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