F a Korschun Foundation Inc
F a Korschun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $757K in total assets. In 2023, it awarded 6 grants totaling $45K. Net investment income was $99K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$757K
+4.3% YoY
Annual Giving
$45K
-15.4% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$7K
+41.0% YoY
About F a Korschun Foundation Inc
Based on IRS filings
F a Korschun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $757K in total assets. In 2023, it awarded 6 grants totaling $45K. Net investment income was $99K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $757,215 | $726,098 | $768,516 |
| Revenue | $98,568 | $8,186 | $65,663 |
| Expenses | $47,100 | $55,130 | $49,861 |
| Qualifying Distributions | $47,490 | $52,880 | $47,611 |
| Net Investment Income | $98,568 | $21,203 | $63,413 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Shriners Hospital for Children ($7,459), Friends of the Cliffs of the Neuse ($7,459), Commmunity Soup Kitchen of Goldsbor ($7,458).
| Recipient | Purpose | Amount |
|---|---|---|
| Commmunity Soup Kitchen of Goldsbor Goldsboro, NC | Provide nutritional meals for Wayne County residents who are in need. | $7,458 |
| WATCH Goldsboro, NC | Provide primary health care for uninsured residents of Wayne County. | $7,458 |
| Shriners Hospital for Children Greenville, SC | Provide funds for Shriners Childrens Hospitals and Burn Centers. | $7,459 |
| Friends of the Cliffs of the Neuse Seven Springs, NC | Provide education for future farmers. | $7,459 |
| 4 H Club of Goldsboro Goldsboro, NC | to assist future farmers. | $7,458 |
| Town of Seven Springs Seven Springs, NC | To assist the homeless. | $7,458 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| S Blair Korschun | Chairman | — | — |
| Suzanne Hamilton | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is F a Korschun Foundation Inc?
F a Korschun Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. It holds $757K in total assets as of 2023.
How large is F a Korschun Foundation Inc?
As of 2023, F a Korschun Foundation Inc holds $757K in total assets with $99K in annual revenue. It awarded 6 grants totaling $45K in 2023.
Where does F a Korschun Foundation Inc operate?
F a Korschun Foundation Inc has awarded grants in North Carolina, South Carolina.
What size grants does F a Korschun Foundation Inc award?
In 2023, F a Korschun Foundation Inc awarded 6 grants totaling $45K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is F a Korschun Foundation Inc's EIN?
F a Korschun Foundation Inc's EIN (Employer Identification Number) is 56-2169669. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.