Jane & Leonard Korman Family Foundation
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
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
113 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALISON KORMAN FELDMAN | PRESIDENT, CEO & LIFE DIRECTOR | 5 | — |
| SUSAN KORMAN SCHURR | VICE PRESIDENT & LIFE DIRECTOR | 5 | — |
| CATHERINE KORMAN ALTMAN | TREASURER & LIFE DIRECTOR | 5 | — |
| CAROL BORGMANN | OFFICER & SECRETARY | 5 | $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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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