Korman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it made $18K in qualifying distributions. Net investment income was $85K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+3.3% YoY
Revenue
$126K
-15.8% YoY
Qualifying Distributions
$18K
-88.7% YoY
Expenses
$45K
-75.0% YoY
About Korman Foundation
Based on IRS filings
Korman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it made $18K in qualifying distributions. Net investment income was $85K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,541,302 | $2,459,862 | $2,495,452 |
| Revenue | $126,246 | $149,989 | $739,146 |
| Expenses | $44,634 | $178,381 | $185,049 |
| Qualifying Distributions | $17,825 | $157,807 | $162,717 |
| Net Investment Income | $84,663 | $192,906 | $236,841 |
| Distributable Amount | $127,590 | $115,581 | $115,555 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Clearway Minnesota (sm)
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Assets
—
Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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