Ernest a Koury Family Foundation Inc
Ernest a Koury Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 18 grants totaling $147K. Net investment income was $86K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
-2.3% YoY
Annual Giving
$147K
-5.0% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$8K
-20.9% YoY
Under IRS private-foundation payout rules, Ernest a Koury Family Foundation Inc reported a distributable amount of $157K for 2024 — the minimum it must pay out in qualifying distributions.
About Ernest a Koury Family Foundation Inc
Based on IRS filings
Ernest a Koury Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 18 grants totaling $147K. Net investment income was $86K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,784,159 | $2,850,447 | $2,904,961 |
| Revenue | $95,822 | $115,601 | $35,995 |
| Expenses | $162,110 | $170,115 | $161,045 |
| Qualifying Distributions | $146,700 | $154,500 | $158,500 |
| Net Investment Income | $86,174 | $106,598 | $33,629 |
| Distributable Amount | $157,267 | $144,501 | $150,234 |
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
67 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elon University ($25,000), Nc Marine & Estuary Foundation ($25,000), Nc State Veterinary Medical Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALAMANCE COUNTY MEALS ON WHEELS BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $2,500 |
| ALAMANCE COUNTY SILENT WITNESS PROGRAM CRIMESTOPPERS BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $5,000 |
| BURLINGTON CHRISTIAN ACADEMY BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $10,000 |
| CHRISTMAS CHEER OF ALAMANCE COUNTY BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $5,000 |
| ELON UNIVERSITY ELON, NC | EDUCATION AND TO FUND SCHOLARSHIPS. | $25,000 |
| NC MARINE & ESTUARY FOUNDATION RALEIGH, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $25,000 |
| NC STATE VETERINARY MEDICAL FOUNDATION RALEIGH, NC | EDUCATION AND TO FUND SCHOLARSHIPS. | $25,000 |
| PEG'S PJS BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $3,500 |
| PET ADOPTION & WELFARE SOCIETY BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $5,000 |
| POSITIVE ATTITUDE YOUTH CENTER BURLINGTON, NC | TO AID IN ORGANIZATION'S PROGRAMS. | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERNEST A KOURY JR | VICE PRESIDENT/DIRECTOR | 1 | — |
| BRADFORD A KOURY | VICE PRESIDENT/DIRECTOR | — | — |
| TEENA M KOURY | VICE PRESIDENT/DIRECTOR | — | — |
| MILTOM E PETTY | SEC/TREAS/DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ernest a Koury Family Foundation Inc?
Ernest a Koury Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURLINGTON, NC. It holds $2.8M in total assets as of 2024.
How large is Ernest a Koury Family Foundation Inc?
As of 2024, Ernest a Koury Family Foundation Inc holds $2.8M in total assets with $96K in annual revenue. It awarded 18 grants totaling $147K in 2024.
Where does Ernest a Koury Family Foundation Inc operate?
Ernest a Koury Family Foundation Inc has awarded grants in North Carolina, New York.
What size grants does Ernest a Koury Family Foundation Inc award?
In 2024, Ernest a Koury Family Foundation Inc awarded 18 grants totaling $147K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Ernest a Koury Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernest a Koury Family Foundation Inc reported a distributable amount of $157K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ernest a Koury Family Foundation Inc's EIN?
Ernest a Koury Family Foundation Inc's EIN (Employer Identification Number) is 20-0443049. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ernest a Koury Family Foundation Inc'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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