Jane & Leonard Korman Family Foundation

Private foundation · Grantmaker Trevose, PA EIN: 20-4253701

The Jane & Leonard Korman Family Foundation is a private foundation based in Trevose, Pennsylvania. Its 2024 grants supported organizations in areas including health care, human services, arts and culture, education, and Jewish community life.

Jane & Leonard Korman Family Foundation at a glance

In short: Jane & Leonard Korman Family Foundation gave $6.2M across 22 grants in 2024 (avg $280K), mostly in Pennsylvania. 15% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$6,161,781
+125.5% vs 2023
Grants made (2024)
22
+0.0% vs 2023
Average grant
$280,081
+125.5% vs 2023
Median grant
$17,500
Total assets
$3,445,476
-62.3% vs 2023
New grantees (estimate)
15% first-time grantees (3 of 20, 2024; small sample)
Primary geography
Pennsylvania (96% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Jane & Leonard Korman Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 8 Neshaminy Interplex Suite 400, Trevose, PA 19053
Phone: (215) 244-5159

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Jane & Leonard Korman Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Korman Feldman Family Foundation: $3.0MKorman Feldman FamilyFoundation$3.0MJewish Federation of Greater Phila DAF: $1.5MJewish Federation of GreaterPhila DAF$1.5MJewish Federation of Greather Phila: $407KJewish Federation of GreatherPhila$407KMitzvah Circle Foundation: $300KMitzvah Circle Foundation$300KNorton Museum of Art- Final Pledge (Multi Year): $240KNorton Museum of Art- FinalPledge (Multi Year)$240KCongregation Beth OR: $79KCongregation Beth OR$79KJefferson Hospital: $49KJefferson Hospital$49KFabric Workshop: $25KFabric Workshop$25KGermantown Academy- Annual Fund: $20KGermantown Academy- AnnualFund$20KWills Eye Foundation: $20KWills Eye Foundation$20K

The largest 2024 recipient was Korman Feldman Family Foundation ($3.0M). Together the top 10 received $5.6M.

Organizations only. It also paid 3 grants to individuals ($517,500), which are not listed by name.

Grant Size Distribution

113 grants across all recorded years

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

The most common grant size was under $50K: 91 grants of 113 (81%).

Geographic Focus

Where this funder awards grants

In 2024, 96% of grant dollars went to recipients in Pennsylvania and 4% to recipients in Florida.

Grant Distribution by State

4states

Share of 2024 grant dollars across all 22 itemized grants.

Cities

PhiladelphiaAmblerJupiterPalm BeachWest Palm BeachFort WashingtonLafayette HillElkins ParkDallasNorristownNyBaldwinsvilleBethlehemBoca RatonDoylestownLanghorneNew York

Is Jane & Leonard Korman Family Foundation open to new grantees?

15%

first-time grantees, 2024

In 2024, 3 of 20 grantees (15%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $1.5M; repeat grants $101K. How we count

Medians: $1.5M first-time, $20K repeat.

  • 80% of 2024 grantees were also funded in 2023. Method
  • Giving grew 397% from 2021 to 2024. Method
  • In 2024 it paid out 428% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M24 grants2020 23 grants2021 22 grants2022 22 grants2023 22 grants2024

From 2020 to 2024, annual grant giving ranged from $838K (2022) to $6.2M (2024). In 2024 it made 22 grants totaling $6.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Korman Feldman Family Foundation Fort Washington, PATransfer of assets to successor foundation as part of family foundation restructuring; not treated as a qualifying distribution under irc 4942.$2,950,229
Jewish Federation of Greater Phila DAF Philadelphia, PATransfer of assets to establish/augment donor-advised-fund (the catherine s korman family donor advised fund) at sponsoring organization$1,478,640
3 grants to individuals Recipients not named —$517,500
Jewish Federation of Greather Phila Philadelphia, PATransfer of assets to establish/augment donor-advised-fund (the catherine s korman family donor advised fund) at sponsoring organization$407,312
Mitzvah Circle Foundation Norristown, PASupporting Struggling Local Families in Need$300,000
Norton Museum of Art- Final Pledge (Multi Year) West Palm Beach, FLSupport museum in its goal to preserve, collect, exhibit, and interpret art as well as educate the community$240,000
Congregation Beth OR Ambler, PASupport the Mission of the Reform Jewish Synagogue.$79,000
Jefferson Hospital Philadelphia, PASupport the hospital so they can provide the best patient care.$49,400
Fabric Workshop Philadelphia, PASupport the Advancement of the Arts$25,000
Germantown Academy- Annual Fund Fort Washington, PASupport the Educational Mission of the Academy.$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$3,445,476$631,764$6,332,326$6,161,78122$3,211,552$520,361$750,699
2023$9,146,038$2,802,337$2,854,460$2,733,02522$2,733,025$344,674$668,381
2022$8,730,449$1,274,227$991,092$838,00022$838,000$1,136,745$665,428
2021$8,447,314$1,342,830$1,379,205$1,240,18023$1,240,180$1,217,173$769,925
2020$8,483,689$764,059$2,274,933$2,129,80024—$674,547$698,548

Under IRS private-foundation payout rules, Jane & Leonard Korman Family Foundation reported a distributable amount of $751K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for hospitals and medical care, organizations providing assistance to families in need, arts organizations, educational institutions, and a Reform Jewish synagogue.

Among the grantees, Mitzvah Circle Foundation describes its mission as supporting individuals and families facing crisis, poverty, homelessness, or serious illness who cannot obtain immediate or sufficient help from government agencies and traditional service organizations. Wills Eye Foundation says it raises funds to support Wills Eye entities, including a hospital, ambulatory surgical centers, and an ophthalmology clinic.

Grantmaking

In filing year 2024, the foundation reported 22 grants totaling $6,161,781. Grant amounts ranged from $5,000 to $2,950,229, with a median of $17,500. The reported total includes substantial asset transfers connected with the foundation’s liquidation and restructuring.

The largest listed grant was $2,950,229 to the Korman Feldman Family Foundation, described as a transfer of assets to a successor foundation as part of the family foundation restructuring; the filing’s stated purpose says it was not treated as a qualifying distribution under IRC 4942. The foundation also listed transfers of $1,478,640 and $407,312 to the Jewish Federation of Greater Philadelphia to establish or augment the Catherine S. Korman Family Donor Advised Fund.

Other notable grants included $500,000 to Jefferson University’s Respiratory Center, $300,000 to Mitzvah Circle Foundation for struggling local families in need, and $240,000 to the Norton Museum of Art as a final pledge payment. The foundation also gave $79,000 to Congregation Beth Or, $49,400 to Jefferson Hospital, $25,000 to the Fabric Workshop, and $20,000 each to Germantown Academy and Wills Eye Foundation.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Alison Korman Feldman as President, CEO, and Life Director; Susan Korman Schurr as Vice President and Life Director; Catherine Korman Altman as Treasurer and Life Director; and Carol Borgmann as Officer and Secretary.

Jane & Leonard Korman Family Foundation is led by Alison Korman Feldman, President, CEO & Life Director since 2023 (on filings since 2020); 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Alison Korman Feldman

    President, CEO & Life Director

    Director → Co Vice President, Co Treasurer & Life, 2022

    Co Vice President, Co Treasurer & Life → President, CEO & Life Director, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Catherine Korman Altman

    Treasurer & Life Director

    Director → Co Vice President, Co Treasurer & Life, 2022

    Co Vice President, Co Treasurer & Life → Treasurer & Life Director, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Susan Korman Schurr

    Vice President & Life Director

    Director → Co Vice President, Co Treasurer & Life, 2022

    Co Vice President, Co Treasurer & Life → Vice President & Life Director, 2023

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Carol Borgmann

    Officer & Secretary

    On filings since 2022

    5 hrs/week

    $57K (2023) → $57K (2024)

Former officers (2)
  • Former: Leonard Korman Dec'd (2022) — President, CEO Treasurer & Lifetime Di
  • Former: Leonard Korman (2020–2021) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Carol Borgmann — Officer & Secretary: $57KCarol BorgmannOfficer & Secretary$57K

The highest reported compensation on the 2024 filing was $57K, to Carol Borgmann (Officer & Secretary).

Frequently asked questions about Jane & Leonard Korman Family Foundation

How much does Jane & Leonard Korman Family Foundation give each year?

Jane & Leonard Korman Family Foundation gave $6.2M across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.7M across 22 grants.

What is Jane & Leonard Korman Family Foundation's typical grant size?

Jane & Leonard Korman Family Foundation's median grant in 2024 was $17,500, and its average grant was $280,081, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Jane & Leonard Korman Family Foundation that year got $1.5M on average.

Where does Jane & Leonard Korman Family Foundation give grants?

Jane & Leonard Korman Family Foundation gives mostly in Pennsylvania: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Philadelphia, PA (9 grants), Fort Washington, PA (2 grants) and Ambler, PA (2 grants).

Does Jane & Leonard Korman Family Foundation give general operating support?

Occasionally: 5% of Jane & Leonard Korman Family Foundation's 2024 grants with a stated purpose (1 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Jane & Leonard Korman Family Foundation's largest grantees?

Jane & Leonard Korman Family Foundation's largest 2024 grantees include Korman Feldman Family Foundation ($2,950,229), Jewish Federation of Greater Phila DAF ($1,478,640) and Jewish Federation of Greather Phila ($407,312), according to its 2024 IRS Form 990-PF. It also paid 3 grants to individuals ($517,500), which are not listed by name. Together they received 78% of its itemized 2024 grant dollars.

How large is Jane & Leonard Korman Family Foundation?

Jane & Leonard Korman Family Foundation reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $751K (roughly 5% of its investment assets).

What does Jane & Leonard Korman Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included support for hospitals and medical care, organizations providing assistance to families in need, arts organizations, educational institutions, and a Reform Jewish synagogue. See mission & focus areas ↑

How do I apply for a grant from Jane & Leonard Korman Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Jane & Leonard Korman Family Foundation's EIN?

Jane & Leonard Korman Family Foundation's EIN (Employer Identification Number) is 20-4253701. IRS Form 990 filing data is available on this page for 2020–2024.

Does Jane & Leonard Korman Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Jane & Leonard Korman Family Foundation funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/jane-and-leonard-korman-family-foundation-morg_7ce5b8332b4847c8aa94d3af81305fec

BibTeX
@misc{grantable_204253701_2026,
  author       = {{Grantable}},
  title        = {{Jane \& Leonard Korman Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/jane-and-leonard-korman-family-foundation-morg_7ce5b8332b4847c8aa94d3af81305fec},
  note         = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Jane & Leonard Korman Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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