Korndrop Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 85-3267281

Korndrop Family Foundation is a private foundation based in Wilmington, Delaware. It made 12 grants totaling $102,500 in 2024 to charitable organizations working in areas including health, animal welfare, media, renewable energy, and environmental education. Its 2025 filing, the latest on this page, reports 16 grants totaling $154,500.

Korndrop Family Foundation at a glance

In short: Korndrop Family Foundation gave $155K across 16 grants in 2025 (avg $10K), top state Alaska. 69% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$154,500
+50.7% vs 2024
Grants made (2025)
16
+33.3% vs 2024
Average grant
$9,656
+13.0% vs 2024
Median grant
$10,000
Total assets
$1,853,097
-3.9% vs 2024
New grantees (estimate)
69% first-time grantees (11 of 16, 2025; small sample)
Primary geography
Alaska (41% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Korndrop Family Foundation

Accepts unsolicited proposals
No
Contact

Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Korndrop Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Hawaii Community Foundation: $20KHawaii Community Foundation$20KAlaska Public Media Inc: $17KAlaska Public Media Inc$17KNational Public Radio Inc: $17KNational Public Radio Inc$17KAlaska Community Foundation: $13KAlaska Community Foundation$13KFood Bank of Alaska Inc: $11KFood Bank of Alaska Inc$11KPasadena Humane Society: $10KPasadena Humane Society$10KPlan International USA Inc: $10KPlan International USA Inc$10KRenewable Energy Alaska Project: $10KRenewable Energy AlaskaProject$10KThe Against Malaria Foundation: $10KThe Against Malaria Foundation$10KPittsburgh Community Broadcasting Corporation: $7KPittsburgh CommunityBroadcasting Corporation$7K

The largest 2025 recipient was Hawaii Community Foundation ($20K). Together the top 10 received $125K.

Grant Size Distribution

46 grants across all recorded years

46<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 46 grants of 46 (100%).

Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed among recipients in Alaska (34%), Pennsylvania (24%), Hawaii (17%), North Carolina (10%), and the District of Columbia (10%). The listed grants also included a $5,000 award to Friends of Foothills Animal Shelter in Colorado.

Grant Distribution by State

9states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

AnchorageHonoluluPuuneneRaleighWashingtonAshevilleAuroraBaltimoreDenverGirdwoodGoldenHermitagePasadenaPhiladelphiaPittsburghProvidence

Is Korndrop Family Foundation open to new grantees?

69%

first-time grantees, 2025

In 2025, 11 of 16 grantees (69%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $9K; repeat grants $11K. How we count

Medians: $10K first-time, $10K repeat.

  • 31% of 2025 grantees were also funded in 2024. Method
  • Giving grew 264% from 2022 to 2025. Method
  • In 2025 it paid out 157% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants2020 9 grants2021 4 grants2022 5 grants2023 12 grants2024 16 grants2025

From 2021 to 2025, annual grant giving ranged from $43K (2022) to $155K (2025). In 2025 it made 16 grants totaling $155K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hawaii Community Foundation Honolulu, HIFor Hawaiians of West Maui and Lahaina$20,000
Alaska Public Media Inc Anchorage, AKGeneral & Unrestricted$17,000
National Public Radio Inc Baltimore, MDGeneral & Unrestricted$17,000
Alaska Community Foundation Anchorage, AKWestern Alaska Disaster Relief Fund$12,500
Food Bank of Alaska Inc Anchorage, AKGeneral & Unrestricted$11,000
Pasadena Humane Society Pasadena, CAGeneral & Unrestricted$10,000
Plan International USA Inc Providence, RIGeneral & Unrestricted$10,000
Renewable Energy Alaska Project Anchorage, AKGeneral & Unrestricted$10,000
The Against Malaria Foundation Philadelphia, PAGeneral & Unrestricted$10,000
Pittsburgh Community Broadcasting Corporation Pittsburgh, PAGeneral & Unrestricted$7,000
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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
2025$1,853,097$117,638$192,614$154,50016$169,192$80,556$107,592
2024$1,928,073$143,326$138,128$102,50012$116,813$143,789$104,710
2023$1,922,875$62,187$100,003$67,5005$81,115$25,088$96,330
2022$1,960,691$33,094$76,530$42,5004$56,253$63,178$94,520
2021$2,004,127$122,279$126,565$84,0009$102,545$68,317$105,316
2020$2,008,413$2,009,169$756———$205,583$3,488

Under IRS private-foundation payout rules, Korndrop Family Foundation reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for organizations addressing health, animal welfare, public media, renewable energy, and environmental education. For example, Malaria Consortium US describes its mission as improving lives in Africa and Asia through evidence-based programs addressing disease and promoting child and maternal health. Health Volunteers Overseas describes its work as improving healthcare through education and training for health workers in resource-scarce countries. Alaska Zoo says it promotes conservation of Arctic, sub-Arctic, and like-climate species and provides rehabilitation and shelter for animals.

Grantmaking

In 2024, the foundation gave $102,500 across 12 grants. Grants ranged from $2,500 to $25,000, with a median of $6,250. The largest grants included $25,000 to Malaria Consortium US, $15,000 to Hawaii Community Foundation, and $10,000 each to Alaska Zoo, Asheville Humane Society, and Health Volunteers Overseas. Most grants were designated “General & Unrestricted”; the $5,000 grant to Alaska Sports Hall of Fame supported its Game Changer program. Its 2025 filing, the latest on this page, reports 16 grants totaling $154,500.

The foundation states on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Marc J Kornmesser as Co-President, Treasurer, and Director, and Valerie K Waldrop as Co-President, Director, and Secretary.

Korndrop Family Foundation is led by Marc J Kornmesser, Co- President, Treasurer & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Marc J Kornmesser

    Co- President, Treasurer & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Valerie K Waldrop

    Co- President, Director & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Korndrop Family Foundation

How much does Korndrop Family Foundation give each year?

Korndrop Family Foundation gave $155K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $103K across 12 grants.

What is Korndrop Family Foundation's typical grant size?

Korndrop Family Foundation's median grant in 2025 was $10,000, and its average grant was $9,656, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Korndrop Family Foundation that year got $9K on average.

Where does Korndrop Family Foundation give grants?

Korndrop Family Foundation's top state is Alaska, with 41% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Hawaii (13%) and Maryland (11%). The most frequent recipient cities were Anchorage, AK (7 grants).

Does Korndrop Family Foundation give general operating support?

Yes: 75% of Korndrop Family Foundation's 2025 grants with a stated purpose (12 of 16) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Korndrop Family Foundation's largest grantees?

Korndrop Family Foundation's largest 2025 grantees include Hawaii Community Foundation ($20,000), Alaska Public Media Inc ($17,000) and National Public Radio Inc ($17,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.

How large is Korndrop Family Foundation?

Korndrop Family Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $169K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets).

What does Korndrop Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included support for organizations addressing health, animal welfare, public media, renewable energy, and environmental education. See mission & focus areas ↑

How do I apply for a grant from Korndrop Family Foundation?

Korndrop Family Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines.

What is Korndrop Family Foundation's EIN?

Korndrop Family Foundation's EIN (Employer Identification Number) is 85-3267281. IRS Form 990 filing data is available on this page for 2020–2025.

Does Korndrop Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 1, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Live grants for the work Korndrop Family Foundation funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

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Browse active grant opportunities in Korndrop Family Foundation's focus areas in our free grants database

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Cite this profile

Grantable. (2026). Korndrop Family Foundation funder profile. GrantGraph. Retrieved November 14, 2026, from https://grantable.co/funders/korndrop-family-foundation-morg_690744ee439940659669723060fe08f6

BibTeX
@misc{grantable_853267281_2026,
  author       = {{Grantable}},
  title        = {{Korndrop Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/korndrop-family-foundation-morg_690744ee439940659669723060fe08f6},
  note         = {Accessed 2026-11-14. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Korndrop Family Foundation'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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