Korones Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MONTCLAIR, NJ. IRS filing data is available from 2021 through 2025. In 2025, it awarded 16 grants totaling $126K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$126K
-3.6% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$8K
-27.7% YoY
About Korones Family Foundation
Based on IRS filings
Korones Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MONTCLAIR, NJ. IRS filing data is available from 2021 through 2025. In 2025, it awarded 16 grants totaling $126K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2025
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Aslan Project ($15,000), Facing History and Ourselves ($15,000), National Civil Rights Museum ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASLAN PROJECT WASHINGTON, DC | HELPING CHILDREN WITH CANCER | $15,000 |
| CATHOLIC CHARITIES OF WEST TENNESSEE MEMPHIS, TN | OFFERS EMERGENCY SERVICES, HOMELESS SERVICES, AND COMMUNITY SUPPORT SERVICES FOR THOSE IN NEED. | $10,000 |
| FACING HISTORY AND OURSELVES MEMPHIS, TN | ENGAGE STUDENTS OF DIVERSE BACKGROUNDS IN AN EXAMINATION OF RACISM, PREJUDICE, AND ANTISEMITISM | $15,000 |
| HEAL PALESTINE KENT, OH | DELIVER URGENT RELIEF AND LONG-TERM SUPPORT TO CHILDREN & FAMILIES. | $5,000 |
| MAKE THE ROAD NJ ELIZABETH, NJ | BUILDS THE POWER OF IMMIGRANT AND WORKING-CLASS COMMUNITIES IN NJ. | $2,581 |
| MEMPHIS SYMPHONY ORCHESTRA MEMPHIS, TN | INSPIRE COMMUNITY THROUGH MEANINGFUL MUSICAL EXPERIENCES AND EDUCATIONAL PROGRAMS | $10,000 |
| MONTCLAIR JAZZ FESTIVAL MONTCLAIR, NJ | TO SUPPORT ANNUAL JAZZ FESTIVAL | $5,000 |
| MONTCLAIR LOCAL NEWS MONTCLAIR, NJ | INDEPENDENT LOCAL NEWS ORGANIZATION | $2,500 |
| MY CUP OF TEA MEMPHIS, TN | PROVIDING THE WOMEN OF ORANGE MOUND WITH EMPLOYMENT | $5,000 |
| NATIONAL CIVIL RIGHTS MUSEUM MEMPHIS, TN | CIVIL RIGHTS SUPPORT AND EDUCATION | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID N KORONES | DIRECTOR AND PRESIDENT | 1 | — |
| SUSAN K GIFFORD | DIRECTOR, TREASURER, SECRE | 1 | — |
| ANN R FALSEY | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Korones Family Foundation?
Korones Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in MONTCLAIR, NJ. It holds — in total assets as of 2025.
Where does Korones Family Foundation operate?
Korones Family Foundation has awarded grants in Alabama, California, District of Columbia, Georgia, Massachusetts, Maryland, New Jersey, New York, Ohio, Tennessee.
What size grants does Korones Family Foundation award?
In 2025, Korones Family Foundation awarded 16 grants totaling $126K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is Korones Family Foundation's EIN?
Korones Family Foundation's EIN (Employer Identification Number) is 47-1256650. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Korones 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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