Richard a & James F Corroon
Richard a & James F Corroon is a private foundation focused on Philanthropy, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 43 grants totaling $92K. Net investment income was $59K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+7.7% YoY
Annual Giving
$92K
-2.9% YoY
Grant Count
43
+2.4% YoY
Avg Grant Size
$2K
-5.2% YoY
Under IRS private-foundation payout rules, Richard a & James F Corroon reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard a & James F Corroon
Based on IRS filings
Richard a & James F Corroon is a private foundation focused on Philanthropy, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 43 grants totaling $92K. Net investment income was $59K.
Focus Areas
Ready to take the next step with Richard a & James F Corroon?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,981,465 | $1,839,977 | $1,696,191 |
| Revenue | $134,904 | $52,151 | $214,637 |
| Expenses | $107,644 | $22,234 | $31,137 |
| Qualifying Distributions | $92,000 | $6,000 | $10,000 |
| Net Investment Income | $59,446 | $52,151 | $44,251 |
| Distributable Amount | $95,727 | $88,299 | $90,904 |
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
224 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brooklyn Aviators Youth Hockey ($10,000), Hanna Boys Center ($7,000), Sun Valley Center of Art ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASYLUM CHURCH HARTFORD, CT | GENERAL FUND | $500 |
| BOYS & GIRLS CLUBS OF DEL WILMINGTON, DE | GENERAL FUND | $1,000 |
| CAMP OPPORTUNITY GLEN ARM, MD | GENERAL FUND | $1,000 |
| CATHEDRAL OF THE MADELINE SALT LAKE CITY, UT | GENERAL FUND | $1,000 |
| CATHOLIC CHARITIES OF DE DOVER, DE | GENERAL FUND | $500 |
| CENTRO CIVICO MEXICANO SALT LAKE CITY, UT | GENERAL FUND | $2,000 |
| CHESAPEAKE BAY MARITIME MUSEUM ST MICHAELS, MD | GENERAL FUND | $500 |
| COVENANT HOUSE NEW YORK, NY | GENERAL FUND | $1,000 |
| CT FOODSHARE INC WALLINGFORD, CT | GENERAL FUND | $1,500 |
| DELAWARE HISTORICAL SOCIETY WILMINGTON, DE | GENERAL FUND | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD F CORROON II | PRES | — | — |
| JAMES M CORROON | SEC/TREAS | — | — |
| JOHN A CORROON | VICE PRES | — | — |
| CHRISTOPHER CORROON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard a & James F Corroon?
Richard a & James F Corroon is a private foundation focused on Philanthropy, based in WILMINGTON, DE. It holds $2.0M in total assets as of 2024.
How large is Richard a & James F Corroon?
As of 2024, Richard a & James F Corroon holds $2.0M in total assets with $135K in annual revenue. It awarded 43 grants totaling $92K in 2024.
Where does Richard a & James F Corroon operate?
Richard a & James F Corroon has awarded grants in California, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, New Hampshire, New Mexico, New York, Pennsylvania, Utah, Virginia, Vermont, Washington.
What size grants does Richard a & James F Corroon award?
In 2024, Richard a & James F Corroon awarded 43 grants totaling $92K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Richard a & James F Corroon required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard a & James F Corroon reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard a & James F Corroon's EIN?
Richard a & James F Corroon's EIN (Employer Identification Number) is 23-7000812. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard a & James F Corroon's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Aetna Foundation Inc
HARTFORD, CT
Assets
$16.6M
Grants
65
Total Given
$7.2M
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Delaware Community Foundation Inc
WILMINGTON, DE
Assets
$346.1M
Grants
323
Total Given
$41.9M
Amica Companies Foundation
LINCOLN, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
Chubb Charitable Foundation
PHILADELPHIA, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
More Funders in Delaware
Data last updated April 2026. Sourced from IRS Form 990-PF filings.