Koren-Schrader Family Foundation Inc

Private foundation · Grantmaker Ponte Vedra Beach, FL EIN: 46-1605390

Koren-Schrader Family Foundation Inc is a private foundation, based in Ponte Vedra Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 1 grant totaling $65K. Net investment income was $7K.

Koren-Schrader Family Foundation Inc at a glance

In short: Koren-Schrader Family Foundation Inc gave $65K across 1 grant in 2024 (avg $65K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$65,000
Grants made (2024)
1
Average grant
$65,000
Median grant
$65,000
Total assets
$5,188,439
+3451.1% vs 2023
Primary geography
Florida (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Koren-Schrader Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

United Way of NE Florida: $65KUnited Way of NE Florida$65K

The largest 2024 recipient was United Way of NE Florida ($65K).

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 3 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Jacksonville

How Koren-Schrader Family Foundation Inc gives

  • Giving grew 160% from 2021 to 2024. Method
  • In 2024 it paid out 375% of its IRS minimum distribution (the 5% rule). 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

$0$20K$40K$60K$80K1 grant2020 1 grant2021 0 grants2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $25K (2020) to $65K (2024). In 2024 it made 1 grant totaling $65K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
United Way of NE Florida Jacksonville, FLTo support the work of the United Way of NE Florida in providing services to improve the lives of residents of northeast Florida.$65,000
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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$5,188,439$5,107,335$65,005$65,0001$65,000$7,335$17,331
2023$146,109$4,275$15———$4,275$6,996
2022$141,849$320$30———$320$6,971
2021$141,559$142$25,037$25,0001$25,000$142$7,326
2020$166,454$700$25,036$25,0001—$664$8,643

Under IRS private-foundation payout rules, Koren-Schrader Family Foundation Inc reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Koren-Schrader Family Foundation Inc is led by Michael J. Koren, President & Director since 2024 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael J. Koren

    President & Director

    Vice President → President & Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Andrew T. Koren

    Vice President, Treasurer, Secretary & Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Gerilyn Koren Mahlof

    Vice President & Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Ariel S. Koren (2020–2023) — Vice President
  • Former: Elana G. Schrader (2020–2023) — 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.

Frequently asked questions about Koren-Schrader Family Foundation Inc

How much does Koren-Schrader Family Foundation Inc give each year?

Koren-Schrader Family Foundation Inc gave $65K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is Koren-Schrader Family Foundation Inc?

Koren-Schrader Family Foundation Inc reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

Where does Koren-Schrader Family Foundation Inc operate?

Koren-Schrader Family Foundation Inc has awarded grants in Florida.

What is Koren-Schrader Family Foundation Inc's EIN?

Koren-Schrader Family Foundation Inc's EIN (Employer Identification Number) is 46-1605390. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 19, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 16, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Koren-Schrader Family Foundation Inc'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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