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
Under IRS private-foundation payout rules, Korum for Kids Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Mary Bridge Children's Foundation ($400,000), Pierce College Foundation ($75,000), Community Health Care ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALCHEMY INDOOR SKATE PARK & EDUCATION CTR TACOMA, WA | FUNDS TO PROVIDE SAFE PLACES & COUNSELING SERVICES FOR YOUTH | $2,500 |
| AMERICAN HEART ASSOCIATION SEATTLE, WA | MATCHING CONTRIBUTION FROM KORUM AUTOMOTIVE INC | $1,015 |
| ANNIE WRIGHT SCHOOLS TACOMA, WA | CONTRIBUTION FOR NEW FITNESS CENTER AND GATORS GIVE - STUDENT WELLNESS | $45,000 |
| ARTS DOWNTOWN PUYALLUP, WA | CONTRIBUTION FOR PUBLIC ART GALLERIES AROUND PUYALLUP | $1,500 |
| BATTLEFIELD ADDICTION ENUMCLAW, WA | WALK/RUN FOR RECOVERY | $5,000 |
| BEAT CHILDHOOD CANCER FOUNDATION INC LAND O LAKES, FL | CONTRIBUTION FOR BEATING CHILDHOOD CANCER | $5,000 |
| BRAVE AND UNBROKEN PROJECT PUYALLUP, WA | TO HELP THE TACOMA YOUTH THEATER RE-OPEN | $3,500 |
| CAMP KOREY MOUNT VERNON, WA | CONTRIBUTION FOR LIFE ENHANCING CAMP EXPERIENCE | $5,000 |
| CANCER PATHWAYS SEATTLE, WA | CONTRIBUTION FOR THE CAMP SPARKLE AND FAMILY | $5,000 |
| CATHOLIC COMMUNITY SERVICES TACOMA, WA | KINSHIP PROGRAM - FAMILY MEMBERS WHO BECOME CAREGIVERS FOR NEGLECTED CHILDREN | $5,000 |
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
Frequently Asked Questions
What does Korum for Kids Foundation fund?
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.
How do I apply for a grant from Korum for Kids Foundation?
Recent grants made by the foundation include: • Mary Bridge Childrens Foundation: $400,000 (Oncology Unit, 2024) • YMCA of Pierce and Kitsap Counties: $265,000 (New Teen Center at Pearl Street YMCA Support, 2024) • Step By Step Family Support Center: $110,000 (Walk/run Fundraiser, Early Childhood Center, Program Support, 2024) The foundation made 50 grants totaling approximately $1,617,706 in 2024.
Where does Korum for Kids Foundation make 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.
What size grants does Korum for Kids Foundation award?
In 2024, Korum for Kids Foundation awarded 71 grants totaling $1.3M — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Korum for Kids Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Korum for Kids Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Korum for Kids Foundation's EIN?
Korum for Kids Foundation's EIN (Employer Identification Number) is 91-6528752. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Korum for Kids Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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