The Correll Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $32.6M in total assets. In 2024, it awarded 18 grants totaling $1.6M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.6M
-1.5% YoY
Annual Giving
$1.6M
-34.1% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$87K
-34.1% YoY
Under IRS private-foundation payout rules, The Correll Family Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
About The Correll Family Foundation
Based on IRS filings
The Correll Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $32.6M in total assets. In 2024, it awarded 18 grants totaling $1.6M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,647,956 | $33,153,107 | $34,854,103 |
| Revenue | $1,483,007 | $1,041,933 | $6,322,537 |
| Expenses | $2,002,217 | $2,849,834 | $2,685,152 |
| Qualifying Distributions | $1,709,494 | $2,524,073 | $2,311,925 |
| Net Investment Income | $1,160,960 | $782,626 | $3,012,076 |
| Distributable Amount | $1,917,571 | $1,566,508 | $1,956,826 |
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
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Presbyterian Church of Atlanta ($700,000), Peachtree Presbyterian Church ($200,000), Uga Foundation ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ATLANTA BELTLINE PARTNERSHIP ATLANTA, GA | GENERAL | $50,000 |
| CAMP TWIN LAKES ATLANTA, GA | GENERAL | $60,000 |
| COMMUNITIES OF COASTAL GEORGIA FOUNDATION BRUNSWICK, GA | GENERAL | $100,000 |
| FIRST PRESBYTERIAN CHURCH OF ATLANTA ATLANTA, GA | GENERAL | $700,000 |
| GEORGIA HISTORICAL SOCIETY ATLANTA, GA | GENERAL | $40,000 |
| GEORGIA TECH FOUNDATION INC ATLANTA, GA | GENERAL | $40,000 |
| GRADY HEALTH FOUNDATION ATLANTA, GA | GENERAL | $30,000 |
| NATIONAL CENTER FOR CIVIL AND HUMAN RIGHTS ATLANTA, GA | GENERAL | $25,000 |
| PACE ACADEMY ATLANTA, GA | GENERAL | $10,000 |
| THE SAMUEL L ASBURY FOUNDATION ATLANTA, GA | GENERAL | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADA F CORRELL | DIRECTOR/SECRETARY | 1 | — |
| ELIZABETH RICHARDS | DIRECTOR | 1 | — |
| ALSTON D CORRELL III | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Correll Family Foundation?
The Correll Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $32.6M in total assets as of 2024.
How large is The Correll Family Foundation?
As of 2024, The Correll Family Foundation holds $32.6M in total assets with $1.5M in annual revenue. It awarded 18 grants totaling $1.6M in 2024.
Where does The Correll Family Foundation operate?
The Correll Family Foundation has awarded grants in Florida, Georgia, Maryland, New York.
What size grants does The Correll Family Foundation award?
In 2024, The Correll Family Foundation awarded 18 grants totaling $1.6M — an average of about $87K per grant, based on its IRS Form 990 filings.
How much is The Correll Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Correll Family Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Correll Family Foundation's EIN?
The Correll Family Foundation's EIN (Employer Identification Number) is 13-4311179. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Correll Family 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.
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