F a Korschun Foundation Inc
F a Korschun Foundation Inc is a private foundation, 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.
F a Korschun Foundation Inc at a glance
In short: F a Korschun Foundation Inc gave $45K across 6 grants in 2023 (avg $7K), mostly in North Carolina. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $44,750
- -15.4% vs 2022
- Grants made (2023)
- 6
- -40.0% vs 2022
- Average grant
- $7,458
- +41.0% vs 2022
- Median grant
- $7,458
- Total assets
- $757,215
- +4.3% vs 2022
- Primary geography
- North Carolina (83% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who F a Korschun Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
The largest 2023 recipient was Shriners Hospital for Children ($7K). Together the top 6 received $45K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 33 grants of 33 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
States
Cities
How F a Korschun Foundation Inc gives
- Giving held roughly steady from 2020 to 2023 (−4%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $45K (2023) to $53K (2022). In 2023 it made 6 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| 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 |
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2023 | $757,215 | $98,568 | $47,100 | $44,750 | 6 | $47,490 | $98,568 |
| 2022 | $726,098 | $8,186 | $55,130 | $52,880 | 10 | $52,880 | $21,203 |
| 2021 | $768,516 | $65,663 | $49,861 | $47,611 | 9 | $47,611 | $63,413 |
| 2020 | $742,595 | $35,867 | $48,700 | $46,500 | 8 | — | $26,787 |
Leadership & Key People
Officers and directors from IRS filings
F a Korschun Foundation Inc is led by S Blair Korschun, Chairman on every filing since 2022; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
S Blair Korschun
Chairman
On filings since 2022
No compensation reported
Suzanne Hamilton
Secretary
On filings since 2020
No compensation reported
Former officers (1)
- Former: Sanford L Korschun (2020–2021) — Chairman
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about F a Korschun Foundation Inc
How much does F a Korschun Foundation Inc give each year?
F a Korschun Foundation Inc gave $45K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $53K across 10 grants.
What is F a Korschun Foundation Inc's typical grant size?
F a Korschun Foundation Inc's median grant in 2023 was $7,458, and its average grant was $7,458, across 6 grants on its 2023 IRS Form 990-PF.
Where does F a Korschun Foundation Inc give grants?
F a Korschun Foundation Inc gives mostly in North Carolina: 83% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (17%). The most frequent recipient cities were Goldsboro, NC (3 grants) and Seven Springs, NC (2 grants).
Does F a Korschun Foundation Inc give general operating support?
Not in 2023: none of the 6 grants with a stated purpose on F a Korschun Foundation Inc's 2023 IRS Form 990-PF were described as general or operating support.
Who are F a Korschun Foundation Inc's largest grantees?
F a Korschun Foundation Inc's largest 2023 grantees include Shriners Hospital for Children ($7,459), Friends of the Cliffs of the Neuse ($7,459) and Commmunity Soup Kitchen of Goldsbor ($7,458), according to its 2023 IRS Form 990-PF. Together they received 50% of its itemized 2023 grant dollars.
How large is F a Korschun Foundation Inc?
F a Korschun Foundation Inc reported $757K in total assets on its 2023 IRS Form 990-PF. Its revenue that year was $99K.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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