Korg Foundation
Korg Foundation is a private foundation, based in LA JOLLA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $114K. Net investment income was $136K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+0.9% YoY
Annual Giving
$114K
-2.8% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$29K
-2.8% YoY
Under IRS private-foundation payout rules, Korg Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
About Korg Foundation
Based on IRS filings
Korg Foundation is a private foundation, based in LA JOLLA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $114K. Net investment income was $136K.
Ready to take the next step with Korg 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 | $1,976,327 | $1,957,822 | $1,986,573 |
| Revenue | $142,800 | $98,161 | $57,287 |
| Expenses | $124,295 | $126,912 | $135,247 |
| Qualifying Distributions | $114,312 | $117,660 | $125,691 |
| Net Investment Income | $135,598 | $91,255 | $60,636 |
| Distributable Amount | $129,976 | $114,312 | $117,660 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Planned Parenthood of Sd ($45,000), Natural Resources Defense Council ($40,000), Aspca ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPCA NEW YORK, NY | GENERAL | $20,000 |
| NATURAL RESOURCES DEFENSE COUNCIL NEW YORK, NY | GENERAL | $40,000 |
| PLANNED PARENTHOOD OF SD SAN DIEGO, CA | GENERAL | $45,000 |
| SURFRIDER FOUNDATION SAN DIEGO, CA | GENERAL | $9,312 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK H IVES | TRUSTEE | — | — |
| DEIRDRE IVES | TRUSTEE | — | — |
Frequently Asked Questions
How large is Korg Foundation?
As of 2024, Korg Foundation holds $2.0M in total assets with $143K in annual revenue. It awarded 4 grants totaling $114K in 2024.
Where does Korg Foundation operate?
Korg Foundation has awarded grants in California, New York.
What size grants does Korg Foundation award?
In 2024, Korg Foundation awarded 4 grants totaling $114K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Korg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Korg Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Korg Foundation's EIN?
Korg Foundation's EIN (Employer Identification Number) is 13-6213545. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Korg Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
LPL Financial Foundation Inc
BOSTON, MA
Assets
$7.8M
Grants
55
Total Given
$2.3M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jewish Community Foundation of San Diego
SAN DIEGO, CA
Assets
$788.6M
Grants
740
Total Given
$193.9M
Sempra Foundation
SAN DIEGO, CA
Assets
$11.5M
Grants
1,501
Total Given
$1.8M
AbbVie Foundation
NORTH CHICAGO, IL
Assets
—
Grants
74
Total Given
$54.7M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Arthur J Gallagher Foundation
ROLLING MEADOWS, IL
Assets
—
Grants
2,692
Total Given
$1.6M
Cross Charitable Foundation
BOZEMAN, MT
Assets
$58.2M
Grants
110
Total Given
$2.6M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Korg 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