Korff Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 21 grants totaling $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$182K
+2.2% YoY
Annual Giving
$52K
-67.0% YoY
Grant Count
21
-54.3% YoY
Avg Grant Size
$2K
-27.7% YoY
Under IRS private-foundation payout rules, Korff Family Foundation reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Korff Family Foundation
Based on IRS filings
Korff Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 21 grants totaling $52K.
Focus Areas
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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 | $181,885 | $177,921 | $177,921 |
| Revenue | $2,426 | $352 | $47,161 |
| Expenses | $81,602 | $188,323 | $119,722 |
| Qualifying Distributions | $53,344 | $158,204 | $114,442 |
| Net Investment Income | — | — | $41,242 |
| Distributable Amount | $33,771 | $19,730 | $6,359 |
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
124 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Federation of Jewish Communities ($25,000), Hillel at Dartmouth ($9,000), Pef Israel Endowment Pefisrael ($2,160).
| Recipient | Purpose | Amount |
|---|---|---|
| PEF ISRAEL ENDOWMENT PEFISRAEL NEW YORK, NY | GENERAL SUPPORT | $2,160 |
| BINAI JACOB Claremont, CA | GENERAL SUPPORT | $1,800 |
| NAALEH HIGH SCHOOL FOR GIRLS Fair Lawn, NJ | GENERAL SUPPORT | $360 |
| Worldwide Friends Foundation NEW YORK, NY | GENERAL SUPPORT | $360 |
| CONGREGATION ORACH CHAIM NEW YORK, NY | Religious | $360 |
| Itrek Inc NEW YORK, NY | GENERAL SUPPORT | $1,800 |
| FEDERATION OF JEWISH COMMUNITIES BROOKLYN, NY | GENERAL SUPPORT | $25,000 |
| ELLUMINATE New York, NY | GENERAL SUPPORT | $1,000 |
| FRIENDSHIP CIRCLE NEW YORK, NY | GENERAL SUPPORT | $90 |
| CONGREGATION KEHILATH NEW YORK, NY | GENERAL SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH KORFF | PRESIDENT | 1 | — |
| PHYLLIS KORFF | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Korff Family Foundation?
Korff Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $182K in total assets as of 2024.
How large is Korff Family Foundation?
As of 2024, Korff Family Foundation holds $182K in total assets with $2K in annual revenue. It awarded 21 grants totaling $52K in 2024.
Where does Korff Family Foundation operate?
Korff Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Minnesota, New Hampshire, New Jersey, New York, Pennsylvania, Texas, Virginia.
What size grants does Korff Family Foundation award?
In 2024, Korff Family Foundation awarded 21 grants totaling $52K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Korff Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Korff Family Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Korff Family Foundation's EIN?
Korff Family Foundation's EIN (Employer Identification Number) is 81-4742903. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Korff Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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