Korum for Kids Foundation
Korum for Kids Foundation is a corporate foundation based in Puyallup, Washington. The foundation enhances quality of life for children and families through grants supporting education, health care, and community services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.6M
+10.2% YoY
Annual Giving
$1.3M
+3.4% YoY
Grant Count
71
+26.8% YoY
Avg Grant Size
$18K
-18.4% YoY
Mission & Focus Areas
The foundation supports organizations and causes that improve the quality of life for children, families, and communities. Primary funding areas include:
- Education
- Health care
- Community services
The foundation was established to support all children facing difficulties, inspired by the founders' personal experience with their daughter's learning disabilities.
Grantmaking
Recent grants made by the foundation include:
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations and causes in the South Puget Sound area. The foundation does not generally give to organizations outside of the 253 area code.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $27,608,382
- Total Revenues: $2,853,694
- Total Expenses: $1,450,519
- Total Grants, Contributions, etc.: $1,600,000
Year-over-year growth (2023-2024):
- Grants and contributions increased 77.8% from $900,000 (2023) to $1,600,000 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,608,382 | $25,053,626 | $22,150,123 |
| Revenue | $2,853,694 | $1,546,500 | $1,276,424 |
| Expenses | $1,450,519 | $1,401,821 | $1,237,572 |
| Qualifying Distributions | $1,369,915 | $1,340,312 | $1,163,420 |
| Net Investment Income | $1,187,737 | $596,461 | $724,492 |
| Distributable Amount | $1,263,372 | $1,129,564 | $1,142,476 |
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
250 grants across all recorded years
Open Grants
1 open opportunity from Korum for Kids Foundation
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERRY KORUM | TRUSTEE | 0.5 | — |
| SOPHIA HALL | TRUSTEE - MANAGER | 20 | $64,200 |
| JOHN HALL | TRUSTEE | 0.5 | — |
| SONJA CAMPBELL | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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