Corson Foundation
The Corson Foundation is a private foundation located in Plymouth Meeting, Pennsylvania. Based on available financial data, the foundation maintains assets and provides grants to organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$908K
-10.3% YoY
Annual Giving
$94K
-53.5% YoY
Grant Count
13
-43.5% YoY
Avg Grant Size
$7K
-17.8% YoY
Under IRS private-foundation payout rules, Corson Foundation reported a distributable amount of $254K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus is Pennsylvania, with particular activity in the Plymouth Meeting area and surrounding Montgomery County communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $93,700 in total giving reported
The foundation appears in Pennsylvania foundation directories as an active grantmaking organization.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $907,559 | $1,011,690 | $1,233,525 |
| Revenue | $72,805 | $-1,922 | $426,250 |
| Expenses | $113,753 | $228,913 | $206,598 |
| Qualifying Distributions | $96,999 | $205,966 | $189,996 |
| Net Investment Income | $69,596 | $68,123 | $411,676 |
| Distributable Amount | $254,232 | $223,111 | $209,289 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ursinus College ($35,700), Greenwich Country Day School ($20,000), Albert Einstein Society ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALBERT EINSTEIN SOCIETY PHILDELPHIA, PA | COMMUNITY HEALTH | $10,000 |
| AVALON RESCUE FUND AVALON, NJ | PUBLIC WORKS | $100 |
| BROOKLYN BOAT WORKS BROOKLYN, NY | EDUCATION FOR UNDERSERVED YOUTH | $500 |
| CHALLENGE PROGRAM WILMINGTON, DE | EDUCATION FOR UNDERSERVED YOUTH | $4,500 |
| EINSTEIN MEDICAL CENTER OF MONTCO EAST NORRITON, PA | COMMUNITY HEALTH | $1,000 |
| GREENWICH COUNTRY DAY SCHOOL GREENWICH, CT | EDUCATION FOR UNDERSERVED YOUTH | $20,000 |
| PENN CHARTER PHILADELPHIA, PA | EDUCATION FOR UNDERSERVED YOUTH | $100 |
| THE GUARDIAN PROJECT MENLO PARK, CA | EDUCATION FOR UNDERSERVED YOUTH | $1,000 |
| UPPER MERION POLICE ASSOCIATION KING OF PRUSSIA, PA | PUBLIC WORKS | $500 |
| URSINUS COLLEGE COLLEGEVILLE, PA | HIGHER EDUCATION | $35,700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN EF CORSON | TRUSTEE | 1 | — |
| CARL POSSEE | TRUSTEE | 1 | — |
| PHILIP RICHARD FLYNN CORSON | PRESIDENT | 10 | — |
Frequently Asked Questions
Where does Corson Foundation make grants?
The foundation's primary geographic focus is Pennsylvania, with particular activity in the Plymouth Meeting area and surrounding Montgomery County communities.
What size grants does Corson Foundation award?
In 2024, Corson Foundation awarded 13 grants totaling $94K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Corson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Corson Foundation reported a distributable amount of $254K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Corson Foundation's EIN?
Corson Foundation's EIN (Employer Identification Number) is 23-6390878. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Corson Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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