Michael and Ina Korek Foundation Trust
The Michael and Ina Korek Foundation Trust is a private foundation based in Wilmington, Delaware. Its 2024 grants supported organizations working in areas including public safety, kidney cancer research, humanitarian aid, wildlife conservation, animal welfare, and community services.
Michael and Ina Korek Foundation Trust at a glance
In short: Michael and Ina Korek Foundation Trust gave $265K across 61 grants in 2024 (avg $4K), top state Texas. 7% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $265,000
- -14.0% vs 2023
- Grants made (2024)
- 61
- -14.1% vs 2023
- Average grant
- $4,344
- +0.1% vs 2023
- Median grant
- $2,000
- Total assets
- $8,260,127
- -0.2% vs 2023
- New grantees (estimate)
- 7% first-time grantees (4 of 61, 2024)
- Primary geography
- Texas (38% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Michael and Ina Korek Foundation Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- 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 Michael and Ina Korek Foundation Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mothers Against Drunk Driving ($58K). Together the top 10 received $144K.
Grant Size Distribution
356 grants across all recorded years
The most common grant size was under $50K: 352 grants of 356 (99%).
Geographic Focus
Where this funder awards grants
In 2024, Texas received 38% of grant dollars, California 33%, the District of Columbia 8%, and New York and Utah 4% each.
Grant Distribution by State
Share of 2024 grant dollars across all 61 itemized grants.
States
Cities
Is Michael and Ina Korek Foundation Trust open to new grantees?
7%
first-time grantees, 2024
In 2024, 4 of 61 grantees (7%) were first-time recipients. First grants averaged $3K; repeat grants $4K. How we count
Medians: $3K first-time, $2K repeat.
- 93% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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
From 2020 to 2024, annual grant giving ranged from $208K (2022) to $339K (2020). In 2024 it made 61 grants totaling $265K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mothers Against Drunk Driving Irving, TX | Northern California- Boating Under the Influence Program | $58,200 |
| Kidney Cancer Association Dallas, TX | Trailblazer Award fund for Tracing the Seeds of Progression: Spatial Transcriptomic Analysis of Immunoresistant Kidney Cancer led by Dr. Mitch Hayes | $37,500 |
| Nova Ukraine San Jose, CA | General & Unrestricted | $8,000 |
| The Mankind Project Chicago, IL | MKP USA Marketing - Program OnBoarding and Development with focus on cultural training and racial justice | $7,500 |
| World Central Kitchen Incorporated Washington, DC | General & Unrestricted | $7,000 |
| Wildlife Conservation Network Inc San Francisco, CA | General & Unrestricted | $6,000 |
| Animal Legal Defense Fund Cotati, CA | General & Unrestricted | $5,000 |
| Child Advocates of Silicon Valley Inc Milipitas, CA | General & Unrestricted | $5,000 |
| Friends of Utah Avalanche Fore Cast Center Inc Salt Lake Cty, UT | General & Unrestricted | $5,000 |
| Greenpeace Fund Inc Washington, DC | General & Unrestricted | $5,000 |
Ready to take the next step with Michael and Ina Korek Foundation Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8,260,127 | $531,269 | $551,624 | $265,000 | 61 | $454,094 | $463,109 | $462,004 |
| 2023 | $8,280,482 | $227,193 | $570,406 | $308,200 | 71 | $453,713 | $202,203 | $445,812 |
| 2022 | $8,623,695 | $367,362 | $577,635 | $207,800 | 70 | $500,030 | $413,921 | $461,367 |
| 2021 | $8,833,968 | $1,125,791 | $511,093 | $290,485 | 72 | $437,091 | $905,597 | $501,754 |
| 2020 | $8,243,327 | $164,883 | $514,962 | $338,988 | 82 | — | $139,271 | $428,111 |
Under IRS private-foundation payout rules, Michael and Ina Korek Foundation Trust reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for a range of charitable organizations. For example, Mothers Against Drunk Driving describes its work as seeking to end the dangers of drunk and drugged driving, while the Kidney Cancer Association says it serves and empowers patients and leads change through advocacy, research, and education. World Central Kitchen describes its work as providing meals in response to humanitarian, climate, and community crises. Other 2024 recipients include organizations whose stated missions concern wildlife conservation, elephant welfare, disaster response, and support for Ukraine.
Grantmaking
In filing year 2024, the foundation made 61 grants totaling $265,000. Grants ranged from $500 to $58,200, with a median of $2,000. The largest grants included $58,200 to Mothers Against Drunk Driving for a Northern California boating-under-the-influence program and $37,500 to the Kidney Cancer Association for a research award fund. Other recipients included Nova Ukraine ($8,000), World Central Kitchen ($7,000), Wildlife Conservation Network ($6,000), and the Jewish Agency for Israel–North American Council ($5,000).
The filing also lists $5,000 grants to IsraAID US, the Elephant Sanctuary in Tennessee, and several other organizations. Some grants were designated “General & Unrestricted.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Teresa Babb as Managing Trustee and Brian Korek as Executive Director. It also lists Alek Dylan Peterlin, Brock Peterlin, and Brynnly Peterlin as trustees.
Michael and Ina Korek Foundation Trust is led by Brian Korek, Executive Director on every filing since 2020; 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Brian Korek
Executive Director
On filings since 2020
25 hrs/week
$40K (2021) → $60K (2024)
Teresa Babb
Managing Trustee
On filings since 2020
25 hrs/week
$59K (2020) → $60K (2024)
Alek Dylan Peterlin
Trustee
On filings since 2020
1 hr/week
No compensation reported
Brock Peterlin
Trustee
On filings since 2020
No compensation reported
Brynnly Peterlin
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $60K, to Teresa Babb (Managing Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Michael and Ina Korek Foundation Trust
How much does Michael and Ina Korek Foundation Trust give each year?
Michael and Ina Korek Foundation Trust gave $265K across 61 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $308K across 71 grants.
What is Michael and Ina Korek Foundation Trust's typical grant size?
Michael and Ina Korek Foundation Trust's median grant in 2024 was $2,000, and its average grant was $4,344, across 61 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Michael and Ina Korek Foundation Trust that year got $3K on average.
Where does Michael and Ina Korek Foundation Trust give grants?
Michael and Ina Korek Foundation Trust's top state is Texas, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (33%) and District of Columbia (8%). The most frequent recipient cities were Washington, DC (9 grants), San Jose, CA (4 grants), San Francisco, CA (4 grants) and Mountain View, CA (4 grants).
Does Michael and Ina Korek Foundation Trust give general operating support?
Yes: 93% of Michael and Ina Korek Foundation Trust's 2024 grants with a stated purpose (57 of 61) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Michael and Ina Korek Foundation Trust's largest grantees?
Michael and Ina Korek Foundation Trust's largest 2024 grantees include Mothers Against Drunk Driving ($58,200), Kidney Cancer Association ($37,500) and Nova Ukraine ($8,000), according to its 2024 IRS Form 990-PF. Together they received 39% of its itemized 2024 grant dollars.
How large is Michael and Ina Korek Foundation Trust?
Michael and Ina Korek Foundation Trust reported $8.3M in total assets on its 2024 IRS Form 990-PF. It paid out $454K in qualifying distributions that year, against a required minimum of $462K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Michael and Ina Korek Foundation Trust fund?
No mission statement for the foundation is provided. Its 2024 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Michael and Ina Korek Foundation Trust?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Michael and Ina Korek Foundation Trust's EIN?
Michael and Ina Korek Foundation Trust's EIN (Employer Identification Number) is 77-6140213. IRS Form 990 filing data is available on this page for 2020–2024.
Does Michael and Ina Korek Foundation Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Michael and Ina Korek Foundation Trust funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/michael-and-ina-korek-foundation-trust-morg_5c5dd16a10344d22b4fa2e32ac79e3fc
BibTeX
@misc{grantable_776140213_2026,
author = {{Grantable}},
title = {{Michael and Ina Korek Foundation Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/michael-and-ina-korek-foundation-trust-morg_5c5dd16a10344d22b4fa2e32ac79e3fc},
note = {Accessed 2026-10-10. 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 Michael and Ina Korek Foundation Trust'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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