Sharon & Lewis Korman Foundation
Sharon & Lewis Korman Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $178K in total assets. In 2024, it awarded 26 grants totaling $97K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$178K
Annual Giving
$97K
Grant Count
26
Avg Grant Size
$4K
Under IRS private-foundation payout rules, Sharon & Lewis Korman Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Sharon & Lewis Korman Foundation
Based on IRS filings
Sharon & Lewis Korman Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $178K in total assets. In 2024, it awarded 26 grants totaling $97K. Net investment income was $21K.
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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 | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $177,876 | $194,497 | $160,567 |
| Revenue | $92,238 | $99,560 | $103,331 |
| Expenses | $96,794 | $45,900 | $66,195 |
| Qualifying Distributions | $96,775 | $45,900 | $66,195 |
| Net Investment Income | $20,884 | $133 | $11 |
| Distributable Amount | $11,637 | $7,462 | $5,172 |
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
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cornell University ($35,000), Hospital for Special Surgery ($7,000), New York Public Library ($6,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL PARK CONSERVANCY NEW YORK, NY | FOR OPERATIONS | $2,500 |
| CITY HARVEST NEW YORK, NY | FOR OPERATIONSFOR OPERATIONS | $2,000 |
| CITY MEALS ON WHEELS NEW YORK, NY | FOR OPERATIONS | $2,000 |
| GOD'S LOVE WE DELIVER NEW YORK, NY | FOR OPERATIONS | $2,000 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | FOR OPERATIONS | $7,000 |
| JEWISH MUSEUM NEW YORK, NY | FOR OPERATIONS | $1,000 |
| MUSEUM OF MODERN ART NEW YORK, NY | FOR OPERATIONS | $5,000 |
| NEW YORK PUBLIC LIBRARY NEW YORK, NY | FOR OPERATIONS | $6,500 |
| ENTERTAINMENT COMMUNITY FUND NEW YORK, NY | FOR OPERATIONS | $4,000 |
| THE DOE FUND NEW YORK, NY | FOR OPERATIONS | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEWIS J KORMAN | TRUSTEE | 0.25 | — |
| SHARON G KORMAN | TRUSTEE | 0.25 | — |
Frequently Asked Questions
How large is Sharon & Lewis Korman Foundation?
As of 2024, Sharon & Lewis Korman Foundation holds $178K in total assets with $92K in annual revenue. It awarded 26 grants totaling $97K in 2024.
Where does Sharon & Lewis Korman Foundation operate?
Sharon & Lewis Korman Foundation has awarded grants in California, Connecticut, District of Columbia, Massachusetts, Missouri, Mississippi, New York, Oklahoma, Tennessee, Texas.
What size grants does Sharon & Lewis Korman Foundation award?
In 2024, Sharon & Lewis Korman Foundation awarded 26 grants totaling $97K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Sharon & Lewis Korman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharon & Lewis Korman Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sharon & Lewis Korman Foundation's EIN?
Sharon & Lewis Korman Foundation's EIN (Employer Identification Number) is 13-3556710. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sharon & Lewis Korman 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.