Jane & Leonard Korman Family Foundation

TREVOSE, PA EIN: 20-4253701

The Jane & Leonard Korman Family Foundation is a private family foundation established in 2006 and based in Trevose, Pennsylvania. The foundation supports philanthropic initiatives primarily in arts and culture and education across multiple U.S. states.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-62.3% YoY

Annual Giving

$6.2M

+125.5% YoY

Grant Count

22

+0.0% YoY

Avg Grant Size

$280K

+125.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation focuses on:

  • Arts and culture
  • Education
  • Philanthropy, voluntarism, and grantmaking
  • Human services

The foundation's work reflects the founders' commitment to making nature and cultural resources accessible to the public, as evidenced by their support of educational and environmental initiatives.

Grantmaking

Grant Range

s:** Typical awards range from $1,000 to $2,950,229.

How to Apply

** No specific application procedures are documented in available sources.

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Geographic Focus

Where this funder awards grants

The foundation funds initiatives across multiple states, with documented grantmaking in:

  • Pennsylvania (primary focus, including Ambler, Doylestown, Elkins Park, Fort Washington, Lafayette Hill, Norriton, and Philadelphia)
  • Florida (including Boca Raton, Jupiter, Palm Beach, and West Palm Beach)
  • New York
  • Texas (including Dallas)

Grant Distribution by State

4states

Cities

AmblerBaldwinsvilleBethlehemBoca RatonDallasDoylestownElkins ParkFort WashingtonJupiterLafayette HillLanghorneNew YorkNorristownNyPalm BeachPhiladelphiaWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $9.1 million
Total Giving $3,211,552
Annual Expenses ~$2.85 million
Annual Revenue ~$2.8 million

EIN: 20-4253701

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$3,445,476$9,146,038$8,730,449
Revenue$631,764$2,802,337$1,274,227
Expenses$6,332,326$2,854,460$991,092
Qualifying Distributions$3,211,552$2,733,025$838,000
Net Investment Income$520,361$344,674$1,136,745
Distributable Amount$750,699$668,381$665,428

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M24 grants202023 grants202122 grants202222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KORMAN FELDMAN FAMILY FO…$3.0MJEWISH FEDERATION OF GRE…$1.5MJEFFERSON UNIVERSITY -RE…$500KJEWISH FEDERATION OF GRE…$407KMITZVAH CIRCLE FOUNDATION$300KNORTON MUSEUM OF ART- FI…$240KCONGREGATION BETH OR$79KJEFFERSON HOSPITAL$49KFABRIC WORKSHOP$25KGERMANTOWN ACADEMY- ANNU…$20K

Grant Size Distribution

113 grants across all recorded years

91<$50K5$50–100K3$100–250K4$250–500K6$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Alison Korman Feldman — President, CEO, and Life Director (serves without compensation)
  • Susan Korman Schurr — Vice President and Life Director (serves without compensation)
  • Catherine Korman Altman — Treasurer and Life Director (serves without compensation)
  • Carol Borgmann — Officer and Secretary

Compensation Overview

From 2024 IRS filing

CAROL BORGMANNOFFICER & SECRETARY$57K

From 2024 filing

NameTitleHoursCompensation
ALISON KORMAN FELDMANPRESIDENT, CEO & LIFE DIRECTOR5
SUSAN KORMAN SCHURRVICE PRESIDENT & LIFE DIRECTOR5
CATHERINE KORMAN ALTMANTREASURER & LIFE DIRECTOR5
CAROL BORGMANNOFFICER & SECRETARY5$56,542

Contact Information

Address: 8 Neshaminy Interplex, Suite 400, Trevose, PA 19053-6933

Telephone: 215-244-5159

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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