Koerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENN VALLEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 9 grants totaling $396K. Net investment income was $352K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
+4.1% YoY
Annual Giving
$396K
+17.9% YoY
Grant Count
9
-40.0% YoY
Avg Grant Size
$44K
+96.4% YoY
Under IRS private-foundation payout rules, Koerner Family Foundation reported a distributable amount of $256K for 2024 — the minimum it must pay out in qualifying distributions.
About Koerner Family Foundation
Based on IRS filings
Koerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENN VALLEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 9 grants totaling $396K. Net investment income was $352K.
Focus Areas
Ready to take the next step with Koerner Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,159,114 | $4,954,549 | $4,785,677 |
| Revenue | $359,383 | $178,216 | $145,298 |
| Expenses | $397,461 | $347,136 | $352,245 |
| Qualifying Distributions | $396,000 | $344,878 | $349,148 |
| Net Investment Income | $352,383 | $193,508 | $160,671 |
| Distributable Amount | $256,343 | $235,766 | $249,584 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Drexel University ($96,000), University of Massachusetts ($45,000), Colorado School of Mines ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF MASSACHUSETTS LOWELL, MA | FELLOWSHIP | $45,000 |
| COLORADO SCHOOL OF MINES GOLDEN, CO | FELLOWSHIP | $45,000 |
| VIRGINIA COMMONWEALTH UNIVERSITY RICHMOND, VA | FELLOWSHIP | $45,000 |
| DREXEL UNIVERSITY PHILADELPHIA, PA | FELLOWSHIPS | $96,000 |
| LEHIGH UNIVERSITY NORFOLK, VA | FELLOWSHIP | $15,000 |
| ROWAN UNIVERSITY FOUNDATION GLASSBORO, NJ | FELLOWSHIP | $15,000 |
| UNIVERSITY OF DELAWARE Newark, DE | FELLOWSHIP | $45,000 |
| WSU FOUNDATION Pullman, WA | FELLOWSHIP | $45,000 |
| UC RIVERSIDE REGENTS RIVERSIDE, CA | FELLOWSHIP | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL KOERNER | PRESIDENT | 5 | — |
| MARY KOERNER | TREASURER | 3 | — |
| PAULINE LIMBERG | SECRETARY | 2 | — |
| GEORGE KOERNER | VICE PRESIDENT | 2 | — |
| JAMIE KOERNER | VICE PRESIDENT | 2 | — |
| DOUG LIMBERG | VICE PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Koerner Family Foundation?
Koerner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENN VALLEY, PA. It holds $5.2M in total assets as of 2024.
How large is Koerner Family Foundation?
As of 2024, Koerner Family Foundation holds $5.2M in total assets with $359K in annual revenue. It awarded 9 grants totaling $396K in 2024.
Where does Koerner Family Foundation operate?
Koerner Family Foundation has awarded grants in California, Colorado, Delaware, Florida, Kansas, Massachusetts, Michigan, Missouri, Nebraska, New Jersey, New Mexico, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont, Washington.
What size grants does Koerner Family Foundation award?
In 2024, Koerner Family Foundation awarded 9 grants totaling $396K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Koerner Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Koerner Family Foundation reported a distributable amount of $256K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Koerner Family Foundation's EIN?
Koerner Family Foundation's EIN (Employer Identification Number) is 20-1804817. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Koerner Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Johns Hopkins University
BALTIMORE, MD
Assets
$23.0B
Grants
757
Total Given
$467.3M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
The Simons Foundation Inc
NEW YORK, NY
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
American Chemical Society
WASHINGTON, DC
Assets
$2.2B
Grants
341
Total Given
$22.4M
American Heart Association Inc
DALLAS, TX
Assets
$1.9B
Grants
794
Total Given
$227.6M
Tulsa Community Foundation
TULSA, OK
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Carnegie Mellon University
PITTSBURGH, PA
Assets
$7.2B
Grants
190
Total Given
$40.0M
Fidelity Foundation
BOSTON, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Cornell University
ITHACA, NY
Assets
$18.6B
Grants
331
Total Given
$120.8M
Temple University - Of The Commonwealth System of Higher Education
PHILADELPHIA, PA
Assets
$4.1B
Grants
105
Total Given
$14.2M
Kpmg Us Foundation Inc
MONTVALE, NJ
Assets
$13.2M
Grants
369
Total Given
$25.3M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Koerner Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities