Korff Family Foundation
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.
Key facts about Korff Family Foundation
- EIN
- 81-4742903
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $52,215
- Grants made (2024)
- 21
- Average grant
- $2,486
- Median grant
- $1,000
- New grantees (estimate)
- 67% first-time grantees (14 of 21, 2024)
- Total assets
- $181,885
- Primary geography
- New York (70% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Korff Family Foundation funds
By grant dollars, the top recipient states for Korff Family Foundation's 21 itemized 2024 grants were New York (70%) and New Hampshire (17%). The most frequent recipient cities were New York, NY (12 grants). 95% of grants with a stated purpose were for general or operating support.
Is Korff Family Foundation open to new grantees?
67%
first-time grantees, 2024
In 2024, 14 of 21 grantees (67%) were first-time recipients. First grants averaged $3K; repeat grants $2K. How we count
Medians: $1K first-time, $360 repeat.
- 29% of 2024 grantees were also funded in 2023. Method
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 158% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Korff Family Foundation
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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
Share of all 21 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Federation of Jewish Communities ($25,000), Hillel at Dartmouth ($9,000), Pef Israel Endowment Pefisrael ($2,160).
| Recipient | Purpose | Amount |
|---|---|---|
| FEDERATION OF JEWISH COMMUNITIES Brooklyn, NY | GENERAL SUPPORT | $25,000 |
| Hillel at Dartmouth Hanover, NH | GENERAL SUPPORT | $9,000 |
| PEF ISRAEL ENDOWMENT PEFISRAEL New York, NY | GENERAL SUPPORT | $2,160 |
| BINAI JACOB Claremont, CA | GENERAL SUPPORT | $1,800 |
| Itrek Inc New York, NY | GENERAL SUPPORT | $1,800 |
| LAW & HUMANITIES INSTITUTE Pittsburgh, PA | GENERAL SUPPORT | $1,800 |
| WWF ISRAEL FRIENDS New York, NY | GENERAL SUPPORT | $1,800 |
| DEMENG PRO ISRAEL NETWORK-AIPAC Washington, DC | GENERAL SUPPORT | $1,800 |
| MOUNT SINAI HEALTH SYSTEM New York, NY | GENERAL SUPPORT | $1,800 |
| CONGREGATION KEHILATH New York, NY | GENERAL SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.